Lin is chairman of Hangzhou First Applied Material, the world's biggest producer of film and backsheets for solar panels. The Hangzhou, China-based company's products include acetate film used to protect solar cells. It listed on the Shanghai exchange and had revenue of 12.9 billion yuan ($2 billion) in 2021.
Lin Jianhua's net worth of $9.90B can buy ...
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The majority of Lin's fortune is derived from his stake in Hangzhou First Applied Material, a developer and manufacturer of solar cell and photosensitive films. The company is the world's biggest producer of film and backsheets for solar panels, according to its website.
Lin holds 62% of the stock directly and with his wife, according to the company's 2022 first-quarter report.
The value of his cash holdings is based on an analysis of dividends, insider transactions, taxes and market performance.
Zhang Ying, a spokeswoman for the company, declined to comment on the net worth calculation.
Lin Jianhua was born in 1962.
After developing a hot melt adhesive film in the 1990s, Lin established his company in 2003 and soon entered the photo-voltaic industry with a solar cell division.
The company changed its name to Hangzhou First PV Material Co. in 2009.
It became publicly traded in 2014 and reported revenue of more than $900 million in 2019.