Wei Yin-Heng

Net Worth

$2.272B

0% (24h)

Wei Yin-Heng, born in January 1959, is a Taiwanese billionaire known for his significant role in the food and beverage industry. As one of the four Wei brothers, he co-founded Ting Hsin International Group, a major conglomerate with interests in instant noodles, bottled water, and ready-to-drink teas. Wei's career has been marked by strategic partnerships, including a collaboration with Shanghai Disney Resort, and leadership roles within the group's various ventures. His net worth, as of March 25, 2026, is estimated at $2.3 billion, making him a prominent figure among Taiwan's wealthiest individuals. Wei's accomplishments include expanding the Family Mart convenience store chain in China, and has been involved in real estate investments. While his company has faced controversies, including a food safety scandal, Wei continues to be a key player in the food industry.

The Full Dossier

Early Life

Wei Yin-Heng was born in Taiwan in January 1959. He is one of four brothers. The Wei brothers' family started a small oil and grease manufacturing company in 1958 in Changhua County, Taiwan.

Rise to Success

Wei Yin-Heng, along with his brothers, transformed the family business into Ting Hsin International Group, a significant player in the food and beverage industry. They expanded into instant noodles, bottled water, and ready-to-drink tea. Key milestones include the establishment of the Master Kong brand and a partnership with Shanghai Disney Resort, solidifying their market presence in China. Wei Yin-Heng was instrumental in propelling the Family Mart convenience store chain past 7-Eleven in China.

Key Business Strategies

The Wei brothers focused on division of labor within the family, with Wei Yin-Heng overseeing logistics, convenience stores, and restaurants. The group's strategy included expansion in China, forming partnerships, and diversifying into fast food and real estate. The company sold its 37.17% stake in Taipei 101 to Itochu for $665 million in July 2018.

Philanthropy

In October 2014, Ting Hsin announced it would donate NT$3 billion toward food safety.

Career Timeline

2014

Partnership with Shanghai Disney Resort

Tingyi became one of the main suppliers of drinks and beverages at the resort.

2012

Vice Chairman-cum-CEO

Wei became the Vice Chairman-cum-CEO of the Taipei Financial Center Corp.

1991

Co-founded Tingyi

Founded Tingyi, a beverage maker.

1958

Foundation of Ting Hsin International Group

The family-owned business was founded in Changhua County, Taiwan.

Philanthropic Impact

Food Safety$XB

Food Safety Donation

Donated NT$3 billion toward food safety.