Qin Yinglin: China's "pig king", starting a business from 22 pigs to the list of world billionaires

Starting an arduous business with 22 pigs, Mr. Qin Yinglin finally found an effective breeding method. He is the richest billionaire and agricultural tycoon in the world. According to Forbes, in 2020, his fortune skyrocketed to $14.2 billion.

Qin Yinglin was born in 1965, a native of Inner Xiang County, Nanyang City, Henan Province, China. His hometown was originally agricultural land, however, due to low agricultural prices, the population was large, so people could not get rich with this industry.

Qin Yinglin's family was no exception. When he was in high school, his father took the entire amount of 800 yuan in the house to buy 20 pigs, as a result of lack of epidemic prevention knowledge, 19 out of 20 pigs died. Looking at his father's despair when his business failed, Qin Yinglin was determined to study, hoping to help his family get out of poverty soon.

At that time, Qin Yinglin was admitted to Henan University, the best university in the province. However, he chose the University of Agriculture majoring in animal husbandry and veterinary medicine because in his heart he had a dream to help people in his hometown escape poverty.

After graduating from the University with distinction, he was appointed to work in a state unit with a good income. But after getting married, he decided to leave the stable job that many dream of to enter a challenging field.

In November 1992, Qin Yinglin quit his job and returned to his hometown with his wife. People in his hometown at that time all regretted the lucrative rice bowl at the meat factory instead of him. Qin Yinglin was under a lot of pressure. One is because of people's talk, the other is because of start-up capital.

He even had to borrow the equivalent of 40 million VND from his brother to buy the first pigs. He ran 12 trips back and forth to village credit lenders to borrow 10,000 yuan. Qin Yinglin used the scientific knowledge he learned in college to run his own pig farm. Initially, the farm had only 22 pigs.

However, in 1995, the farm had a crisis. A plague outbreak has broken out. In just a few days, most of the pigs on the farm died. This is no small loss. Qin Yinglin didn't eat well and slept restlessly, asking everywhere to find out about this kind of epidemic, but they couldn't find the cause.

Qin Yinglin's wife, Tien Ying, was 7 months pregnant but still went to Luoyang to find agricultural experts to find a solution. Later, the cause of the epidemic was discovered, but the vaccine was sold as far away as Harbin. She worked through various contacts, eventually successfully transporting a shipment of vaccines from Harbin to Henan and successfully resolving the crisis.

A few years later, Qin Yinglin's pig farm developed into a large-scale pig farm, taking the name Mu Yuan. He applied science and technology; grazing to produce clean and high-l.ượ.ng pork.

In addition to constantly expanding the scale of animal husbandry, he also focused on the development of Chinese breeding pigs. Many people may not know that pigs and breeding pigs in China are both imported from abroad because pigs from developed countries like Denmark have very high fertility and meat productivity.

In 2004, Qin Yinglin's method of raising grazing pigs became famous in Henan, whose annual sales exceeded 50 million yuan.

With the support and assurance of knowledge, Qin Ying-lin has achieved much success in the livestock industry: in 1995, his pig farm expanded from 22 heads to 2,000 heads; In 1997, the number of pigs sold reached 10,000. In 2000, Qin Ying-lam established Mu Yuan Breeding, the predecessor of Mu Yuan Co., Ltd., to carry out large-scale pig breeding.

In 2014, Qin Ying-lin chose to go public after expanding his scale, with an asset value of up to 8 billion yuan. Qin Yinglin succeeded in earning a huge fortune by raising pigs. His success amazed everyone, it turned out that raising pigs could make so much m.oney.

In 2018, Qin Yinglin became the richest person in Henan with a fortune of 25.5 billion yuan, in 2019, Qin Yinglin's fortune reached 41.5 billion yuan, the number of pigs raised by Mu Yuan reached 10 million.

Currently, Muc Nguyen has a listed market value of nearly 18 billion USD with more than 120 c.ô.ng children across the country. Large-scale pig farming ranks first in the country and third in the world, with total assets of 45 billion yuan.

As of 2021, Qin Yinglin's fortune has touched $ 33.5 billion, ranking 44th on the "Forbes Global Rich List 2021".

Qin Yinglin started with 22 pigs, earned a net worth of 200 billion yuan, and was the richest man in Henan for many years, thanks to his knowledge, science, and above all, his spirit of not giving in.

Qin Yinglin is not only a good businessman but also a warm-hearted person. During the Covid-19 pandemic in Wuhan, Muyuan donated 100 million yuan (more than 300 billion VND) and he personally donated the same amount with his personal fortune.

He also donated 1 billion yuan (more than 3 trillion VND) to his former school, Henan University.

Many previously assumed that to build a pig farm it cost several hundred million, which is enough to build a five-star hotel.

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