What is Luo Jye's Net Worth?
Luo Jye is a Taiwanese businessman who has a net worth of $4.5 billion. Luo Jye became a billionaire as the chairman of the tenth largest tire company in the world, Cheng Shin Rubber. Ever since the establishment of the company in 1967, it has turned from an ordinary supplier of tires to one of the leading manufacturers of tires for passenger cars, trucks and motorcycles.
As for the company's success, it lies in worldwide sales of Cheng Shin Rubber's Maxxis brand, especially in China's world-leading auto market. Other brands that has led to the company's growth include Cheng Shin and Sakura. However, Luo Jye saw a dramatic rise in his fortune in 2012, when there was a significant increase in the price of its Taiwan-traded shares.
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