Lin Shu-hong

Net Worth

$3.791B

0% (24h)

Lin Shu-hong, a prominent Taiwanese billionaire, is the co-founder of the Chang Chun Group, a major player in the petrochemical industry. Born on August 1, 1928, Lin's career began with the founding of the Chang Chun Group in 1949 with just $100, a venture that blossomed into one of Asia's largest petrochemical companies. He served as chairman until 2013 and is known as the "Edison of petrochemicals" for his dedication to research and development. As of December 16, 2025, Lin's net worth is estimated at $3.9 billion. His source of wealth is primarily derived from the manufacturing of petrochemicals. Lin is celebrated for his ability to innovate and foster a culture of continuous improvement within his companies.

The Full Dossier

Early Life

Lin Shu-hong was born in Taiwan in 1928. He graduated from the National Taipei University of Technology.

Rise to Success

In 1949, Lin co-founded the Chang Chun Group with Tseng Shin-yi and M.K. Liao. The company started with a modest capital, eventually growing into a major petrochemical enterprise with a global presence. Lin’s focus on research and development was key to the company's success, earning him the nickname “Edison of petrochemicals.”

Key Business Strategies

Lin Shu-hong's business approach prioritized long-term growth and financial prudence. He steered clear of debt and real estate investments, focusing instead on the core petrochemical business. His leadership style emphasized R&D and innovation, which helped Chang Chun Group establish a strong international presence and a diversified product portfolio.

Philanthropy

While specific monetary values are difficult to ascertain, Formosa Plastics Group (FPG), the broader group that includes Chang Chun Group, has a history of social welfare and philanthropy. FPG has been involved in various initiatives, including donations to assist small- and medium-sized enterprises affected by crises. Further details regarding the precise amounts and projects are unavailable.

Career Timeline

2013

Stepped down as Chairman of Chang Chun Group

Lin Shu-hong stepped down from the position of chairman.

1949

Co-founded Chang Chun Group

Lin co-founded Chang Chun Group, a petrochemical company, with Tseng Shin-yi and M.K. Liao.

Philanthropic Impact

Disaster Relief$1 billion

COVID-19 Relief and Revitalization

Donated to the Ministry of Economic Affairs to assist in the relief and revitalization of small- and medium-sized enterprises struck by COVID-19.