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Billionaire Profile
Lin Ming-hsiung
Global Rank
#1348

Image: 總統府 | CC BY 2.0 | via Wikimedia Commons

Lin Ming-hsiung

CEO, Supermarkets
TAIWAN
Real-Time Net Worth
$3.091B
Estimated based on Supermarkets stock value as of March 6, 2026
0% (24h)
Age
76
Source
Supermarkets
Industry
Fashion & Retail
Citizenship
TAIWAN

Biography

Lin Ming-hsiung, the 76-year-old chairman of PX Mart, is a prominent figure in Taiwan's retail sector. With a net worth of $2.9 billion, his wealth stems from his leadership of PX Mart, the largest supermarket chain on the island. Lin transformed PX Mart from a government cooperative into a ubiquitous grocery chain, focusing on providing value to Taiwanese households. His career began as an electrician apprentice before transitioning to real estate and later to supermarkets. His aggressive expansion strategies have been key to PX Mart's success, with the chain now boasting over 1,000 stores across Taiwan. Lin also controls real estate developer Yuan Lih Construction and Hwatai Bank.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Details of Lin Ming-hsiung's early life and education are not widely publicized. However, reports indicate he started his career as an electrician apprentice.

Rise to Success

Lin's path to wealth began with real estate investments. He later took over PX Mart from the government in 1998, when it had only 66 outlets. Under his leadership, PX Mart has grown to become the largest supermarket chain in Taiwan. His success is built on understanding local shopping habits and implementing aggressive expansion strategies.

Key Business Strategies

Lin Ming-hsiung's key business strategy has been aggressive expansion, focusing on providing value to the average Taiwanese household. This included acquiring a 96% stake in the RT-Mart hypermarket chain in Taiwan. The company has successfully integrated e-commerce and delivery services, defending its market share against global competitors.

Philanthropy

While specifics about his philanthropic activities are not readily available, it's known that Lin is involved in supporting various initiatives. Information on the exact amounts and specifics of his donations requires additional research.

Career Milestones

1998

Took over PX Mart

Lin Ming-hsiung took over PX Mart from the government, transforming it into Taiwan's largest supermarket chain.

2022

Acquired RT-Mart stake

PX Mart completed a $377 million deal to purchase a 96% stake in hypermarket chain RT-Mart's Taiwan business.

Philanthropy & Social Impact

General Philanthropy

Philanthropic Activities

Undisclosed

Lin Ming-hsiung is involved in supporting education, poverty alleviation, and environmental sustainability initiatives.

Controversies & Challenges

2011

Daughter's Death

Lin Ming-hsiung's daughter died after falling from an apartment in Taipei. Preliminary examinations indicated no foul play.

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