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Net Worth of the Richest Pig Breeder-Qin Yinglin

According to Forbes, Quin Yinglin has a net worth of $18.7 Billion in 2024. He is the world’s largest pig breeder and a Chairperson of Muyuan Foodstuff Co Ltd.

With his involvement in the agriculture and food industries for over 3 decades, People know him today as a Chinese agriculture tycoon, billionaire businessman, Communist Party member, and the world’s richest farmer. He is one of the richest people in China.

Further, the Chinese business tycoon is the richest pig breeder in the world. It is all his hard work and dedication that he owns many properties in various parts of the world. Is being a billionaire possible solely through agricultural involvement? What are his other earning sources?

This article delves into the various aspects of Qin’s wealth, salary, earnings, and properties.

Qin Yinglin’s Net Worth At A Glance

NameQin Yinglin
Date of Birth1965 (age 59 years), Neixiang County, Nanyang, China
ProfessionBusinessman, Politician
Net Worth$18.7 Billion
Source of WealthFarming, Business, Political Party, Investments
Forbeshttps://www.forbes.com/profile/qin-yinglin/?sh=133e67a76365
Companyhttps://www.forbes.com/companies/muyuan-foodstuff/?sh=7fcfc6a17f4e

Qin Yinglin has around $18.7 Billion. His major earning source is his agricultural business. Besides that, the businessman also makes a hefty sum from his political involvement and industries. Another business owner, Julian Petroulas is a multi-millionaire, find out his earnings!

Qin Yinglin standing infront of book shelve holding pen and paper on his hand
Qin Yinglin Is A Billionaire Businessman

Forbes estimated the wealth of the businessman, however, Qin himself hasn’t opened up anything about his actual net worth and earnings. As he is the richest pig breeder in the world and owns many industries, his billionaire status cannot be denied.

Though the agriculture tycoon barely flaunts his lavish lifestyle and extravagant lifestyle, he is a multi-billionaire businessperson. He is one of the richest businessmen in the world.

Back in 2015, Forbes listed, Qin Yinglin as the richest person in Henan and the 67th richest person in China. Also, he along with his wife had a net worth of RMB 17.15 billion at that time.

The same year, Hurun revealed that he had a net worth of RMB 20.5 billion which made him the 98th richest person in China.

In 2019, the agriculture tycoon’s net worth reached over 100 billion yuan, leading him to 15th on the Hurun list and making him the only local entrepreneur in Henan worth 100 billion yuan.

Again in 2019, Forbes listed his family’s wealth at 117.38 billion RMB, placing them ninth on the list.

Likewise, the Chinese businessman is the world’s richest farmer and is the owner of 883 million shares of Muyuan stock, around 40.06% of the company.

Not just that, his loving wife Qian Ying is also a billionaire, and together the husband-wife duo own a majority stake in Muyuan. Besides that, a Hong Kong-based businessman, Stephen Hung has $400 Million, check out!

Qin Yinglin As The Richest Pig Breeder

Qin is the largest pig breeder in the world. His net worth skyrocketed over $6.6 billion in 2019 and reached $8.56 billion, in no time. As per his profile on the Bloomberg Billionaires Index, his worth increased by over 341%at that time.

Reportedly, a global shortage of pork allowed his company to raise both the prices and profits in the second half of 2019. Similarly, the company made 260% more in the third quarter of the same year than during the same timeframe the previous year.

Pigs in Qin Yinglin's pork farm being injected
Qin Yinglin’s Pork Farm

Likewise, the company’s success directly benefits the Chinese businessman from which he derived most of his net worth. Later, he founded a Henan province-based pork producer with 22 pigs in 1992, as per the reports on the Muyuan’s website.

Further, Qin’s Chinese pork empire has rocketed in the past few years due to shortages and higher prices during the 2019 African swine flu outbreak and the subsequent COVID-19 pandemic.

How And When Did Qin Yinglin Start His Pork Business?

The 59-year-old politician and his spouse began their first pig farm in the year 1992 with just 22 piglets. By 2024 the pair has more than 10 million pigs within their Shenzhen-listed company called Muyuan Foods.

Considered the most popular protein in China, pork is always in high demand, however, losses in supply from culling or restrictions can cause prices to fluctuate.

Qin Yinglin in a photo during an evnet
Qin Yinglin Is The Richest Pig Breeder

Likewise, the outbreak of swine flu in the year 2019 wiped out half of China’s pigs driving up prices by more than 160%. This made Muyuan Foods’ share prices soaring 200% adding many billions to his name.

Back in 2019, the company slaughtered five million pigs a year. The number might have increased in 2024.

Inside His Other Earning Sources and Wealth

Famous as the richest pig breeder, Qin’s pork business has become one of the world’s fastest-growing agricultural businesses in the world.

Besides his agricultural business and pork farming, he also makes a decent sum as a Communist Party member. He definitely has lavish mansions and many properties and real states on his name, sadly, he barely talks about them.

Qin Yinglin standing in an event in blue suit
Qin Yinglin During An Event

The Chinese billionaire’s dwelling as well as his car collection are under the curtain. He shows a humble background and financial side despite his billionaire status.

Also, the news of the fluctuation in his fortune often sets the internet on fire, however, no media have covered the actual reports regarding his losses. He might have other investments too.

In today’s era, where fashion, technologies, and automobiles have defined billionaires, Qin has set an example of a successful business from agriculture and farming. With his whopping net worth and earnings, he has inspired many youngsters out there to get involved in agriculture and farming.