Billionaire Profile
W
Global Rank
#1774

Image: 李鼎祚 | Public domain | via Wikimedia Commons

Wei Yin-Chun

CEO, Food
TAIWAN
Real-Time Net Worth
$2.323B
Estimated based on Food stock value as of March 6, 2026
-0.09% (24h)
Age
68
Source
Food, beverages
Industry
Food & Beverage
Citizenship
TAIWAN

Biography

Wei Yin-Chun, a Taiwanese businessman, is a prominent figure in the food and beverage industry, with an estimated net worth of $2.1 billion as of February 1, 2026. As one of the founding brothers of Tingyi (Cayman Islands) Holding Corp., one of the largest producers of instant noodles, ready-to-drink tea, and bottled water in China, Wei's career has been marked by significant achievements. While the family's company, Ting Hsin, has been involved in controversies, including a cooking oil scandal, Wei's focus has also included philanthropic endeavors. He is the founder of the Ting Hsin and Weichuan Education Foundation. Wei's career and family's business ventures have established him as a notable figure in the business world.

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

Wealth Over Time

In-Depth Profile

Early Life

Wei Yin-Chun was born in Taiwan. He is one of four brothers who founded Ting Hsin International Group. His ancestors are from Fujian Province, China. At a young age, Wei suffered facial nerve damage due to a high fever. He graduated from Changhua Senior High School in 1975 and, alongside his brother Wei Ying-Hsing, was later recognized as an outstanding alumnus.

Rise to Success

Wei Yin-Chun and his brothers founded Tingyi in 1991, which has since become one of the largest producers of instant noodles, ready-to-drink tea, and bottled water in China. The Wei family also controls the Dicos fried-chicken chain. The family's private company, Ting Hsin, sold its 37.17% stake in Taipei 101, Taiwan's tallest building, to Itochu for $665 million in 2018.

Key Business Strategies

Ting Hsin International Group's success is based on its strong presence in the food and beverage industry. Tingyi is one of the largest producers of ready-to-drink tea and bottled water in China and a major supplier of instant noodles. In 2014, the company established the Jixiang Alliance convenient life service platform, offering membership services.

Philanthropy

Wei Yin-Chun is involved in philanthropic activities through the Ting Hsin and Weichuan Education Foundation. Ting Hsin Group donates to provide free school lunches for students in Wei's hometown. He also focused on community environmental awareness through resource recovery campaigns.

Career Milestones

1991

Founded Tingyi

Co-founded Tingyi, one of the largest producers of instant noodles and beverages in China.

2014

Established Jixiang Alliance

Entered the membership management sector.

Philanthropy & Social Impact

Education

Ting Hsin and Weichuan Education Foundation

Unknown

Founder

Education

Free School Lunches

$5M

Foundation donates for school lunches

Controversies & Challenges

2014

Cooking Oil Scandal

Implicated in a cooking oil scandal, leading to his resignation as chairman of Wei Chuan Foods Corp.

2018

Sentenced to Prison

Sentenced to prison for role in a tainted-cooking-oil scandal.