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#304 Lin Yu-Lin $5.72B

Random fact: Nephew Jeff Lin's wedding was attended by Taiwan's president.


Lin is the chairman of Hung Tai Group, a closely held Taiwanese property developer founded in 1965. The Taipei-based company has built residential units across the city, as well as Exchange Square in the city's financial district, whose tenants include Coca-Cola and Visa. Hung Tai also owns stakes in an insurer, a brokerage and a bank.

As of April 21, 2018:
Last change No change
YTD change +$25.0M (+0.4%)
Industry Real Estate
Biggest asset Other Xinyi Property
Citizenship Taiwan
Age 81
Wealth Self-made
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Lin Yu-Lin's net worth of $5.72B can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

Latest News

Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Lin's fortune is derived from the real estate assets he controls through closely held Hung Tai Group. He's credited with 100 percent of the family-owned company, reflecting his role as founder of the business.

Hung Tai owns the 1.2 million square foot Hung Tai Center and Hung Tai Financial Plaza in Taipei's Songshan district, and the 780,000 square foot office and retail complex Exchange Square in Xinyi, the city's financial district, according to its website. They're valued using the rental income, capitalization rates and occupancy rates for the neighborhoods, using data compiled by property brokers JLL, CBRE and Cushman Wakefield. 

Taiwan's Ministry of Interior database shows Hung Tai also has properties on 341,568 square feet of land in Xinyi. Excluding the footprint of Exchange Square, the remaining property is valued using the price per square foot for commercial properties in the Xinyi district. Three Taipei residential apartment blocks identified as being owned by Hung Tai were valued using the $820,000 average price for a residential unit in the city as of June 2014, according to data compiled by Taipei-based real estate broker Sinyi Realty. 

A 40 percent discount is applied to account for debt held against the properties, based on discussions with a Taipei-based real estate appraiser familiar with the assets who asked not to be identified because the information is private.

He has collected about $1 billion from his real estate investments over the years. The value of his cash investments is based on an analysis of these proceeds, as well as taxes and market performance.

Phone and email messages sent to Hung Tai Group requesting comment weren't returned.


Birthdate: 10/6/1936
Family: Married, 7 children

Lin Yu-Lin was born in Taiwan. He started a construction business in 1965 as Taipei began to urbanize. A decade later, he founded Hung Tai Construction. Several residential and commercial projects followed, including the luxury housing development Hung Tai International Deluxe Park, according to the company's website.

Hung Tai Center, a 637,235 square foot office complex, opened in 1991. A neighboring project, Hung Tai Financial Plaza, was completed a year later. About the same time, the business received a charter to establish EnTie Commercial Bank, complementing the company's brokerage unit, Hung Tai Securities, that would merge with Capital Securities in 1993.

EnTie Commercial Bank and Capital Securities began trading on Taiwan's stock exchange in 1995. Hung Sheng Construction followed a year later. The completion of Exchange Square, a 780,000 square foot office development, marked the company's entrance into Taipei's Xinyi district that today is the city's most desirable area, according to an April 2014 report by property broker CBRE.

The billionaire is married. His brother, Lin Rong-San, is also a real estate billionaire.

  • 1965 Hung Tai Group starts construction business.
  • 1975 Establishes Hung Tai Construction.
  • 1991 Opens Hung Tai Center in Taipei's Songshan district.
  • 1992 Receives charter to start EnTie Commercial Bank.
  • 1993 Merges brokerage business into Capital Securities.
  • 1995 Capital Securities and EnTie begin trading on Taiwan's stock exchange.
  • 1999 Company takes control of insurer Hung Fu Life Insurance.
  • 2007 Hung Sheng Construction buys $500 million development site in Taipei.