Billionaire Profile

Global Rank

#1382

Image: Public domain | via Wikimedia Commons

Lin Ming-hsiung

CEO, PX Mart

Real-Time Net Worth

$2.87B

As of December 2025

Age

Source

Supermarkets

Industry

fashion-retail

Citizenship

Biography

Lin Ming-hsiung, a 75-year-old Taiwanese billionaire, is primarily known for his ownership of PX Mart, the largest supermarket chain in Taiwan. His net worth is approximately $2.87 billion, as of December 4, 2025, according to Forbes. Lin's career began in the hydroelectric industry before transitioning to real estate and later, the supermarket sector. Through strategic acquisitions and innovative business practices, Lin transformed PX Mart from a government-owned entity into a retail powerhouse, significantly impacting Taiwan's fashion and retail landscape. His achievements include expanding the PX Mart chain to over 1,000 stores and acquiring hypermarket chains.

Wealth Over Time

Portfolio Holdings

Hwatai Bank

Yuanlih Construction

In-Depth Profile

Early Life

Lin Ming-hsiung's early life involved working as a hydroelectric apprentice. The exact details of his education and upbringing are not readily available in the search results.

Rise to Success

Lin's career took a significant turn when he invested in real estate, achieving early financial success. However, his most notable achievement came with the acquisition of PX Mart in 1998, a supermarket chain he purchased from the government with only 66 stores at the time. Under his leadership, PX Mart experienced exponential growth, evolving into Taiwan's largest supermarket chain.

Key Business Strategies

Lin's key strategies included aggressive expansion through mergers and acquisitions, such as acquiring Yanglianshe in 2004, the stores owned by the Japanese chain Summit in 2006, and the stores operated by Taipei Agricultural Products Marketing Corporation in 2007. PX Mart also adopted unconventional strategies to maintain low consumer prices. In 2022, the company completed a $377 million deal to purchase a 96% stake in hypermarket chain RT-Mart's Taiwan business.

Philanthropy

Information on his specific philanthropic endeavors is not available in the search results.

Career Milestones

1998

Acquired PX Mart

Lin Ming-hsiung purchased PX Mart from the government, initiating its transformation into a major supermarket chain.

2022

Acquired RT-Mart Stake

PX Mart acquired a 96% stake in the hypermarket chain RT-Mart's Taiwan business.

Philanthropy & Social Impact

Arts

Sunmake Cultural Foundation

Undisclosed

PX Mart's Sunmake Cultural Foundation sponsors the Gallery of Taiwan Traditional Art.