With M. K. Liao and Tseng Shin-yi, Lin founded the Chang Chun Group in 1949. The company's name means "long spring" in
Chinese, and was chosen to describe the strong bond between the three business partners. By 2011, Lin was worth US$1.6 billion, and placed seventeenth on
Forbes' list of Taiwanese billionaires. Lin earned the nickname "the
Edison of
petrochemicals" for his dedication to
research and development. ==References==