Source of Wealth:Food, Beverages
Full Name:Wei Ing-Chou
About Wei Ing-Chou
Taiwanese businessman Wei Ing-Chou has an estimated net worth of $1.43 billion as of April 2016 according to Forbes.
Originating from Taiwan, Wei Ing-Chou is one of the four siblings who founded Tingyi Holding. The company specializes in manufacturing beverages. He co-founded the company with Yin-Heng, Ying-Chiao, and Yin-Chun.
Currently, the company accounts for 57% of instant noodle sales in China, almost 50% of China's ready-to-drink tea business, and a quarter of bottled water sales in the country. The company is also associated with other companies like Itochu, Asahi Beverages and Sanyo Foods. Last year, Tingyi Holding served as the host of the "8th World Instant Noodles Summit," with the theme, "Instant Noodles for Better Life."
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