Name
Wei Yin-Chun
Wei Yin-Chun
Taipei, Taiwan
Taiwan
food, beverages, Self Made
$1,500,000,000
1605
#1605 Billionaires 2019
Yin-Chun Wei and his three brothers founded Tingyi, one of the largest producers of ready-to-drink tea and bottled water in China.Tingyi is also China's leading supplier of instant noodles.The family also controls the Dicos fried-chicken chain.The family's private company, Ting Hsin, sold its 37.17% stake in Taipei 101, Taiwan's tallest building, to Itochu for $665 million in July 2018. Yin-Chun was sentenced in April 2018 to 15 years in prison for his part in a tainted-cooking-oil scandal exposed in 2015.
Yin-Chun graduated from a local high school in Changhua County, central Taiwan, and never went to college.
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