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Saturday, October 24, 2020

Executive EducationStats Gate

Taiwan’s Rich List 2018: Richest Taiwanese Billionaires

With a net worth $7.3 billion, Hon Hai Precision Industry founder Terry Go has been named the wealthiest businessman in Taiwan, according to the CEOWORLD magazine’s Taiwan Rich List 2018.  It was a volatile year for the Taiwan 50 richest: only 37 of Taiwan’s 50 wealthiest people are billionaires —- Lin Chang Su-O (ranked: 22nd, net worth $1.78 billion) – widow of real estate mogul Lin Rong San of Union Enterprise Construction and Shirley Kao of Uni-President (ranked: 40th, net worth $970 million) are the only 2 women on the list of the nation’s wealthiest people.

To identify the richest people in Taiwan, CEOWORLD magazine reviewed a wealth of sources, including news sites Bloomberg, Forbes, and Wealth-X — to find those with the highest to-date net worth. The top five Taiwanese richest tycoons were: Foxconn Chairman Terry Gou (net worth $7.3 billion); Wei family brothers (Ing-chou, Ying-chiao, Yin-chun and Yin-heng) of Tingyi, one of mainland China’s largest beverage-and-noodle makers (net worth $7.2 billion); Tsai Hong-tu and Cheng-ta of Cathay Financial Holding (net worth US$7.1 billion); Daniel Tsai & Richard Tsai of Fubon Financial Holding (net worth US$5.7 billion); and Tsai Eng-meng of snack food company Want Want China (net worth US$5.6 billion).

Lin Shu-Hong (net worth $3.9 billion), a cofounder of petrochemicals-and-plastics giant Chang Chun Group ranked No. 6 on the list.

Taiwan’s Rich List 2018: Wealthiest People In Taiwan

RankNameTotal Net WorthSource
1Terry Gou $7.3 B electronics
2Wei Ing-chou, Ying-chiao, Yin-chun & Yin-heng $7.2 B food
3Tsai Hong-tu & Cheng-ta $7.1 B finance
4Daniel & Richard Tsai $5.7 B finance
5Tsai Eng-Meng $5.6 B food, beverages
6Lin Shu-Hong $3.9 B petrochemicals
7Barry Lam $3.6 B electronics
8Jason & Richard Chang $3.2 B semiconductors
9Pierre Chen $3.1 B electronics
10Luo Jye $2.9 B tires
11Tseng Cheng & Tseng Sing-ai $2.8 B petrochemicals
12Samuel Yin $2.6 B retail
13T.Y. Tsai $2.15 B finance
14Lin Ming-hsiung $2.1 B supermarkets
15Scott Lin $2.07 B optical components
16Chen Tei-Fu $2.05 B herbal products retailer
17Chen Yung-Tai $2 B real estate
18Rudy Ma $1.9 B finance
19Lin Chen-hai $1.89 B real estate
20Wang Chou-hsiong $1.88 B footwear
21Chin Jong Hwa $1.8 B auto parts
22Lin Chang Su-O $1.78 B property
23Shi Wen-long $1.65 B plastics
24Douglas Hsu $1.64 B diversified
25Tony Chen $1.63 B electronics
26William & Wilfred Wang $1.54 B plastics
27Allen & Tien-Szu Hung Horng $1.5 B electronics
28Andre Koo, Sr., Sr. $1.44 B financial services
29Wang Ren-sheng $1.4 B retail
30Chao Teng-hsiung $1.38 B real estate
31Thomas Wu $1.36 B finance
32Archie Hwang $1.33 B semiconductors
33K.C. Liu $1.27 B manufacturing
34Tsai Chi-Jui $1.1 B shoes
35Eugene Wu $1.07 B finance
36Morris Chang $1.06 B semiconductors
37Bruce Cheng $1 B electronics
38Wu Chung-yi $990 M manufacturing
39Yeh Min-Yuen $980 M cybersecurity
40Shirley Kao $970 M food & beverage retailing
41Lee Tien-tsai $770 M beverages
42Ter-Fung Tsao $760 M food
43Tsai Ming-Kai $720 M semiconductors
44Ho Kuang-chi $670 M Restaurants
45Chen Wu-kang $600 M skin care & household products
46Liao Long-shing $580 M petrochemicals
47Wu Li-gann $570 M electronic components
48Tsai Yung-lung $550 M screws, bolts
49Kenneth Yen $540 M autos
50Huang Chung Sheng $530 M recycling

 

 

Emma London

Emma London

Associate Editor
Emma London is the Associate Editor at CEOWORLD magazine. She covers lists, rankings, economy, geopolitics, global banking, fintech, digitization of money, and the future of finance for CEOWORLD magazine. She’s also a member of the Board of Directors at the Global Business Policy Institute. Prior to that, Emma was the ultra-high net worth (UHNW) valuations subject matter expert at CEOWORLD magazine, mentoring research teams in valuations’ techniques, and was involved in product development for ultra high net worth (UHNW) and high net worth (HNW) dossier creation, currently heading research operations at the Global Business Policy Institute. She can be reached on email emma-london@ceoworld.biz. You can follow her on Twitter at @ceoworld.