Yang Bing-Yi was born on 1927 and lived until March 26, 2023, and was a Taiwanese businessman and the founder of the restaurant chain Din Tai Fung.
Yang Bing-Yi was born in China’s northern Shanxi province in 1927 and immigrated to Taiwan at the age of 20 during the civil war in 1948.
There, he opened a small shop in Taipei with his wife in 1958 and named the store Din Tai Fung Oil Retail. They sold cooking oil and steamed Chinese soup dumplings called Xiao Long Bao.
The oil business started to have difficulties with the invention of salad oils in metal tins in 1972, and they decided to devote more of their storefront to dumplings. The dumplings soon became extremely popular and they changed the name to just Din Tai Fung and started to focus on the dumplings and noodles.
The original restaurant was in Taipei’s Yongkang shopping district and was named one of the best restaurants in the world by the New York Times in 1993.
Franchises expanded his brand to the United States, the United Kingdom, Australia, the United Arab Emirates, South Korea and Singapore. As of 2023, there are more than 170 locations in 13 territories
Yang Bing-yi Net Worth At Death
The data available cannot put a figure on how much he was worth at the time of death but with his successes he would be worth quite a lot.