Taiwanese businessman Wu Chung Yi has an estimated net worth of $1 billion as of March 2013 according to Forbes. He is known as the current Chairman of Fine Blanking, a well known manufacturer of motorcycle and auto parts in Central Taiwan. Majority of his net worth is derived from investing and collaborating with the Wei family which is associated with Tingyi Holding. Tingyi is a known manufacturer of beverages in Taiwan. In 2007, he sold his stakes at Tingyi.