Wei Yin Chun Net Worth

Wei Yin Chun Net Worth is
$1.48 Billion

Wei Yin Chun Biography

$1.7 Billion: Wei Yin-Chun is among the four brothers from Taiwan–along with Ing-Chou Ying-Chiao, and Yin-Heng–who founded Cayman Islands-based beverage maker Tingyi, which makes popular ready-to-drink tea, water in bottles and quick noodles. In February 2014 Shanghai Disney Holiday resort forged an alliance with Tingyi and PepsiCo, producing the two the primary beverage suppliers at the holiday resort. The Wei family members also invests in true estate–notably Taipei 101, the island’s tallest building–and handles the Dicos fried poultry chain. The Wei family members is facing a whole lot of poor press in Taiwan over a meals basic safety scandal. According to reviews, prosecutors indicted 17 people in October 2014, including Wei Yin-chun, alleging that he understood his firm was using animal-grade essential oil to create expensive cooking natural oils. Prosecutors state they have uncovered $126 million in illegal revenue from the scheme. Wei Yin-chun is normally facing a 30-calendar year prison term. He provides said he previously no function in the scandal. Wei Yin Chun Net Value: Wei Yin Chun is a Taiwanese businessman who includes a net worthy of of $2 billion. Being among the four siblings who founded beverage maker Tingyi, Wei Yin Chun entered the billionaires’ circles together with his brothers Ing-Chou, Ying-Chiao, and Yin-Heng. Located in Cayman Islands, the business retains 48% of the ready-to-beverage tea business in China, in addition to 26% of the water in bottles sales plus some 56% of the moment noodle sales through the third one fourth of 2013. Since February 2004, when Shanghai Disney Holiday resort forged an alliance with Tingyi and PepsiCo, both provides been serving as primary beverage suppliers at Shanghai Disney Holiday resort. Nevertheless, Wei Yin Chun has truly gone through rough times this past year as the family-invested Wei Chuan Foods that he oversees presently faces costs for food safety laws violations. Furthermore, the Wei family members holds passions in Taipei 101, the island’s tallest building, as well as control the Dicos fried-chicken chain. A global known Food, Drinks personality Wei Yin-Chun born in 1st january in great city of Taiwan. Wei Yin Chun net worthy of regarding to 2015 stats is normally $1,700,000,000. Taiwanese businessman Wei Yin Chun comes with an estimated net worthy of of $1.48 billion by April 2016

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