Swine flu made him the richest farmer in the world; coronavirus added a quick $6bn to his personal fortune.
Qin Yinglin’s pig farming wealth has grown rapidly in recent months — more than doubling to $22bn since June last year — yet few people in China, the world’s biggest pork market, know his name. His fortune now trumps that of the Louis-Dreyfus family of the eponymous 169-year-old agriculture empire.
But the outbreak of swine flu that wiped out half of China’s pigs and sent shares soaring last year in Muyuan Foods, Mr Qin’s Shenzhen-listed company, has started to stabilise in 2020. For Mr Qin, the restocking of China’s pork supply will also mean a decline in his personal wealth.
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