Age, Biography and Wiki

Justin Yifu Lin was born on 15 October, 1952 in Yilan County, Taiwan, is a Chinese economist and professor. Discover Justin Yifu Lin's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 71 years old?

Popular As N/A
Occupation N/A
Age 71 years old
Zodiac Sign Libra
Born 15 October, 1952
Birthday 15 October
Birthplace Yilan County, Taiwan
Nationality Taiwan

We recommend you to check the complete list of Famous People born on 15 October. He is a member of famous economist with the age 71 years old group.

Justin Yifu Lin Height, Weight & Measurements

At 71 years old, Justin Yifu Lin height not available right now. We will update Justin Yifu Lin's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Lin Hsu-chu

Justin Yifu Lin Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Justin Yifu Lin worth at the age of 71 years old? Justin Yifu Lin’s income source is mostly from being a successful economist. He is from Taiwan. We have estimated Justin Yifu Lin's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income economist

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Timeline

1952

Justin Yifu Lin (born on October 15, 1952) is a Chinese economist and professor of economics at Peking University.

Lin was born on 15 October 1952 in Yilan County, Taiwan, as Lin Zhengyi.

Lin attended high school in National Yilan Senior High School.

1971

In 1971, he was admitted to the National Taiwan University's College of agriculture to study agricultural machinery under the department of agricultural engineering.

Michael Pillsbury remembered Lin being the president of the student body in 1971 while he was studying Chinese at the same university.

In 1971, Lin left school as a freshman student for volunteer military service in the army.

1976

In 1976, Lin entered the MBA program at National Chengchi University in Taiwan on a defense scholarship and returned to the army upon receiving his MBA in 1978.

1979

Born in Yilan County of the Republic of China (Taiwan), Lin was a ground force captain and company commander of the Republic of China Army on the Kinmen Islands, where he swam across the channel and sought refuge in Xiamen of the People's Republic of China in May 1979.

As a captain in the Republic of China Army (ROCA) in Taiwan, he swam from Kinmen Islands to Xiamen, which is under the control of the People's Republic of China (PRC), for asylum on May 17, 1979.

Lin initially left his pregnant wife and his three-year-old child in Taiwan; a year after his asylum, he was declared "missing" by the ROC Army and his wife claimed the equivalent of US$31,000 from the government.

His wife and their children rejoined with him years later when both of them went to study in the United States.

1982

After settling in Mainland China, Lin became an economist after pursuing graduate studies in economics at Peking University and the University of Chicago, where he respectively received a Master of Economics in 1982 and a Doctor of Philosophy in 1986.

His doctoral advisor at the University of Chicago was Nobel laureate economist Theodore Schultz.

Lin received a master's degree in political economy from Peking University in 1982, and a PhD in economics from the University of Chicago in 1986.

He was one of the first PRC citizens to receive a PhD in economics from the University of Chicago.

1987

After completing his postdoctoral studies at Yale University, he returned to Beijing and became a professor of economics at Peking University in 1987.

2000

While an officer in the ROC Army, Lin was held up as a model soldier; after his desertion, the ROC originally listed him as missing but in 2000 issued an order for his arrest on charges of defection, and remains a fugitive by the ROC government.

In a letter written to his family in Taiwan about a year after his asylum, Lin stated that "based on my cultural, historical, political, economic and military understanding, it is my belief that returning to the motherland is a historical inevitability; it is also the optimal choice."

A National Taiwan University alumnus Hongsheng Zheng confirmed Lin's reason and motive.

Lin's oldest brother said it was unfair to brand his younger brother a traitor.

"I don't understand why people regard him as a villain," he said.

"My brother just wanted to pursue his ambitions."

2008

He served as the Chief Economist and Senior Vice President of the World Bank from 2008 to 2012.

He founded the China Center for Economic Research (currently the Peking University National School of Development) and was later appointed Chief Economist and Senior Vice President of the World Bank where he served from 2008 to 2012.

After that, he returned to Beijing and to his research at Peking University.

His main academic theory is called New Structural Economics.

At Peking University, he currently serves as the Dean of the Institute of New Structural Economics, the Honorary Dean of the National Development Institute, and the Dean of the Institute of South-South Cooperation and Development.

On September 16, 2008, Fordham University honored Lin with a reception for being chief economist and senior vice president of the World Bank.

2009

Lin received an Honorary Doctorate from Fordham University in 2009 and was elected a Corresponding Fellow of the British Academy in 2010.

2012

His 2012 book, The Quest for Prosperity: How Developing Economies Can Take Off, argued for an active role for government in nurturing development, not just through the traditional provision of infrastructure and legal enforcement, but also by identifying and actively supporting industries that contribute to growth.

Lin is the founder and first director of the China Center for Economic Research and a former professor of economics at Peking University and at the Hong Kong University of Science and Technology.

He is also an adviser to the China Finance 40 Forum (CF40).

2013

He has been appointed as China's State Council Counsellor since September 2013.