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Thursday, July 9, 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 Belectronics
2Wei Ing-chou, Ying-chiao, Yin-chun & Yin-heng$7.2 Bfood
3Tsai Hong-tu & Cheng-ta$7.1 Bfinance
4Daniel & Richard Tsai$5.7 Bfinance
5Tsai Eng-Meng$5.6 Bfood, beverages
6Lin Shu-Hong$3.9 Bpetrochemicals
7Barry Lam$3.6 Belectronics
8Jason & Richard Chang$3.2 Bsemiconductors
9Pierre Chen$3.1 Belectronics
10Luo Jye$2.9 Btires
11Tseng Cheng & Tseng Sing-ai$2.8 Bpetrochemicals
12Samuel Yin$2.6 Bretail
13T.Y. Tsai$2.15 Bfinance
14Lin Ming-hsiung$2.1 Bsupermarkets
15Scott Lin$2.07 Boptical components
16Chen Tei-Fu$2.05 Bherbal products retailer
17Chen Yung-Tai$2 Breal estate
18Rudy Ma$1.9 Bfinance
19Lin Chen-hai$1.89 Breal estate
20Wang Chou-hsiong$1.88 Bfootwear
21Chin Jong Hwa$1.8 Bauto parts
22Lin Chang Su-O$1.78 Bproperty
23Shi Wen-long$1.65 Bplastics
24Douglas Hsu$1.64 Bdiversified
25Tony Chen$1.63 Belectronics
26William & Wilfred Wang$1.54 Bplastics
27Allen & Tien-Szu Hung Horng$1.5 Belectronics
28Andre Koo, Sr., Sr.$1.44 Bfinancial services
29Wang Ren-sheng$1.4 Bretail
30Chao Teng-hsiung$1.38 Breal estate
31Thomas Wu$1.36 Bfinance
32Archie Hwang$1.33 Bsemiconductors
33K.C. Liu$1.27 Bmanufacturing
34Tsai Chi-Jui$1.1 Bshoes
35Eugene Wu$1.07 Bfinance
36Morris Chang$1.06 Bsemiconductors
37Bruce Cheng$1 Belectronics
38Wu Chung-yi$990 Mmanufacturing
39Yeh Min-Yuen$980 Mcybersecurity
40Shirley Kao$970 Mfood & beverage retailing
41Lee Tien-tsai$770 Mbeverages
42Ter-Fung Tsao$760 Mfood
43Tsai Ming-Kai$720 Msemiconductors
44Ho Kuang-chi$670 MRestaurants
45Chen Wu-kang$600 Mskin care & household products
46Liao Long-shing$580 Mpetrochemicals
47Wu Li-gann$570 Melectronic components
48Tsai Yung-lung$550 Mscrews, bolts
49Kenneth Yen$540 Mautos
50Huang Chung Sheng$530 Mrecycling

 

 

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.