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Luo Jye Net Worth

Luo Jye Net Worth

Net Worth: $3.9 Billion

Statistics
  • Source of Wealth Tires
  • Birth Place Taiwan
  • Marital Status Married
  • Full Name Luo Jye
  • Nationality Taiwan
  • Ethnicity Taiwanese
  • Occupation Businessman
  • Children 4
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About Luo Jye

Taiwanese businessman Luo Jye has an estimated net worth of $3.9 billion as of April 2016 according to Forbes. Luo Jye currently serves as the Chairman of Cheng Shin Rubber, a company that specializes on manufacturing tires.

Due to the rapid growth of tire market in China, Luo Jye’s net worth rose by almost $1.4 billion in the past year. In the first quarter of 2013, his net profit increased by 28%.

Initially, Cheng Shin Rubber started as a supplier of tires to bicycle export industries in Taiwan. Eventually, the company began manufacturing tires for motorcycles, trucks and passenger cars. Maxxis is the best known brand of the company in China.