⬅ # 764 Matthias Reinhart|# 766 Johnelle Hunt

# 765 Samuel Yin 

$4.46B

Real Time Net Worth
as of 11/21/2024
$20.5M (0.46%)

# 765 Samuel Yin 

$4.46B

Real Time Net Worth
as of 11/21/2024
$20.5M (0.46%)
OccupationCEO, Ruentex Group
Source of WealthRetail
Age74
ResidenceTaipei, Taiwan
Marital StatusMarried
Children2
EducationBS, Chinese Culture University; Ph.D, National Chengchi University; MBA, National Taiwan University
Age-Adjusted Net Worth$1.73B
Samuel Yin
Samuel Yin
Taiwan
Net worth: $4.46B

Self-Made Score 

Omega Men's Seamaster150 Analog Display Swiss Automatic Blue Watch

Wealth History

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Biography

Overview

Samuel Yen-Liang Yin, born on August 16, 1950, is a Taiwanese billionaire businessman and philanthropist.
Yin studied history at Chinese Culture University and later pursued a master's degree in business at National Taiwan University, followed by a PhD in business at National Chengchi University.
In 2004, he was named a fellow of the Chinese Institute of Civil and Hydraulic Engineering and in 2008, he was honored by Russia's International Academy of Engineering with the Engineering Prowess Medal.
Yin received the Henry L. Michel Award for Industry Advancement of Research by the American Society of Civil Engineers in 2010, becoming the first recipient without an engineering background.
He leads Taiwan's Ruentex Financial Group, founded by his grandfather, and is known for investments in Taiwan and China, particularly in construction and retail, including RT Mart.
Yin is recognized as a promoter of entrepreneurship and startups in Taiwan and China.

Philanthropy

Yin intends to donate 95% of his net wealth to charitable causes, focusing on science, arts, law, and politics.
He established the Tang Prize in 2012 with a personal endowment of US$100 million, aiming to recognize contributions in sustainable development, biopharmaceutical science, sinology, and rule of law.
Yin supports various foundations in Taiwan and China, including the Yin Xun-Ruo Educational Foundation and the Yin Shu-Tien Medical Foundation.
He donated US$12.8 million to the Scripps Research Institute in 2016 for the construction of new laboratories.

Personal Life

Yin is married to Wang Chi-Fan and has a son and a daughter.
He is an experienced offshore sailor and commissioned the construction of two yachts, Sea Eagle and Sea Eagle II, the latter being the world's largest aluminum sailing yacht.

Samuel Yin's Wealth is Equivalent to:

3,432,640 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

843,709 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

45,572 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Samuel Yin?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Samuel Yin's net worth of $4.46B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 58.67% compared to 23.91% for the S&P 500 benchmark.

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Samuel Yin is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Samuel Yin, Retail is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

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Edited by: Lee Bailey