⬅ # 1450 Paul Saville|# 1452 Christopher Rokos

# 1451 Yeung Kin-Man 

$2.28B

Real Time Net Worth
as of 6/24/2024
-$413 (-0.00%)

# 1451 Yeung Kin-Man 

$2.28B

Real Time Net Worth
as of 6/24/2024
-$413 (-0.00%)
OccupationFounder, President, and CTO of Biel Crystal
Source of WealthElectronics
Age60
ResidenceHong Kong, Hong Kong
Marital StatusMarried
Age-Adjusted Net Worth$2.28B
Yeung Kin-Man
Yeung Kin-Man
Hong Kong
Net worth: $2.28B

Self-Made Score 

Wealth History

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Biography

Overview

Yeung Kin-Man is the billionaire founder, president, and chief technology officer of Biel Crystal, a leading global provider of exterior structure and module solutions for smart devices.
Biel, founded in 1989, has gained renown for supplying smartphone touch screens to tech giants like Apple and Samsung, with a workforce of 83,000 employees worldwide.
Yeung's wife, Lam Wai Ying, serves as Biel's chairman, owning 49% of the business, while Yeung retains a controlling stake of 51%.
Despite two attempts for a Hong Kong IPO since 2021, Biel has yet to materialize its public offering.

Career Trajectory

Founded Biel Crystal in 1989, focusing on providing exterior structure and module solutions for smart devices.
Under Yeung's leadership, Biel has become a key supplier of smartphone touch screens, catering to major companies like Apple and Samsung.
Yeung serves as Biel's president and chief technology officer, overseeing its strategic direction and technological innovations.

Business Ventures

Biel's business encompasses various products such as cell phone glass covers, metal shells, touch and fingerprint sensor modules, camera optical glass, sapphire watch panels, and ceramic accessories.
The company maintains a leading position in these fields, emphasizing technology innovation, environmental sustainability, and collaborative partnerships.
Biel's reputation for high-quality products has earned trust from leading smartphone and watch companies worldwide.

Wealth and Holdings

Yeung Kin-Man holds a controlling stake of 51% in Biel Crystal.
His wife, Lam Wai Ying, owns the remaining 49% of the business, making her the chairman.
Biel's success as a key supplier to tech giants like Apple and Samsung has contributed significantly to Yeung's billionaire status.

How long would it take you to become as rich as Yeung Kin-Man?

If you started with $10,000 and invested an additional $500 each month at a 44.13% CAGR, it would take you 5 years to reach Yeung Kin-Man's net worth of $2.28B.

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 48.35% compared to 16.28% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Yeung Kin-Man 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 Yeung Kin-Man, Electronics 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.

Edited by: Lee Bailey