Nestled in the heart of East Asia, Taiwan has emerged as a bustling hub of technological innovation, industrial prowess, and economic dynamism. Within this vibrant landscape, a select group of individuals has risen to prominence, solidifying their positions among the top 50 richest persons in Taiwan. After a strong 6.3% increase in 2021, Taiwan’s GDP grew more subduedly, by 2.5%, in 2022. This slower growth was ascribed to fewer exports brought on by a decline in global demand and rising geopolitical tensions.
An important benchmark, the Taiex index, had a 9% decrease throughout the measurement period. Despite this, the 50 richest persons in Taiwan only saw a slight decline in their combined net worth, falling from $158 billion to $155 billion. After a five-year absence, brothers Daniel and Richard Tsai have climbed two slots to retake the top rank. Notably, they nevertheless managed to succeed despite an 8% decline in their wealth, which is currently $8.8 billion.
Their journeys from humble beginnings to unparalleled affluence mirror the nation’s meteoric rise on the global stage. From pioneering semiconductor pioneers to influential real estate magnates and astute investors, the roster of Taiwan’s wealthiest individuals offers a captivating glimpse into the intricate interplay of ambition, opportunity, and enterprise.
List of Top 50 Richest Persons in Taiwan
This exploration of the top 50 richest persons in Taiwan delves into their remarkable narratives, shedding light on their enduring impact on the country’s economic landscape and beyond.
1. Daniel & Richard Tsai
Net Worth: $8.8 B
Brothers Daniel and Richard Tsai are prominent figures in the Taiwanese business landscape. They have amassed their wealth through the Fubon Group, which has interests in financial services, insurance, and banking. He is one of the richest persons in Taiwan.
Daniel Tsai is the chairman of Fubon Financial Holding Co., while Richard Tsai serves as the chairman of Cathay Financial Holding Co. Their visionary leadership and strategic investments have solidified their position among the wealthiest individuals in Taiwan.
2. Wei Ing-Chou, Ying-Chiao, Yin-Chun & Yin-Heng
Net Worth: $8.3 B
The Wei family is renowned for its significant holdings in Ting Hsin International Group, a conglomerate with diverse interests, including food, energy, and retail. He is one of the richest persons in Taiwan.
Led by Wei Ing-Chou and his three brothers, Ying-Chiao, Yin-Chun, and Yin-Heng, the family’s entrepreneurial acumen and business ventures have led to substantial financial success.
3. Lin Shu-hong
Net Worth: $7.9 B
Lin Shu-hong is a prominent entrepreneur known for his role in the AU Optronics Corporation (AUO), one of the world’s leading manufacturers of flat panel displays. He is one of the richest persons in Taiwan.
As a co-founder and former chairman of AUO, Lin’s contributions have not only led to personal wealth but have also significantly impacted Taiwan’s technology and manufacturing sectors.
4. Tsai Hong-tu & Cheng-ta & family
Net Worth: $7.7 B
The Tsai family, led by Tsai Hong-tu and Cheng-ta, has garnered substantial wealth through various ventures, including Cathay Real Estate Development Co. and China Man-Made Fiber Corporation.
Their family’s endeavors span real estate, textiles, and other industries, contributing to their elevated status on Taiwan’s list of wealthiest individuals. He is one of the richest persons in Taiwan.
5. Zhang Congyuan
Net Worth: $7.6 B
Zhang Congyuan is recognized for his involvement in the food and beverage sector through the Tingyi (Cayman Islands) Holding Corporation. He is one of the richest persons in Taiwan.
As the chairman and founder, Zhang has played a pivotal role in the company’s growth and expansion, propelling him into the ranks of Taiwan’s richest individuals.
6. Terry Gou
Net Worth: $7.4 B
Terry Gou is a prominent Taiwanese business magnate, best known for founding and leading Foxconn (Hon Hai Precision Industry Co.), one of the world’s largest electronics manufacturing companies.
Gou’s visionary leadership and his company’s partnerships with global tech giants have contributed to his substantial wealth and influence. He is one of the richest persons in Taiwan.
7. Jason & Richard Chang
Net Worth: $6.3 B
The Chang brothers, Jason and Richard, have made their mark in Taiwan’s technology sector through their involvement in the Advanced Semiconductor Engineering (ASE) Group. He is one of the richest persons in Taiwan.
As co-founders and key figures in the company’s leadership, their contributions to the semiconductor packaging and testing industry have propelled them to notable financial success.
8. Tsai Eng-meng
Net Worth: $6.1 B
Tsai Eng-meng is the chairman of the Want Want China Holdings Group, a conglomerate with interests in food, beverages, and media. He is one of the richest persons in Taiwan.
His entrepreneurial journey and business ventures have resulted in a significant accumulation of wealth, establishing him as one of Taiwan’s leading billionaires.
9. Barry Lam
Net Worth: $5.6 B
Barry Lam is a notable figure in Taiwan’s technology and electronics sectors, having founded Quanta Computer, one of the world’s largest manufacturers of notebook computers.
Lam’s innovations and contributions to the IT industry have played a pivotal role in his rise to prominence and wealth. He is one of the richest persons in Taiwan.
10. Pierre Chen
Net Worth: $5.5 B
Pierre Chen is recognized for his leadership in the Yageo Corporation, a prominent manufacturer of passive electronic components. He is one of the richest persons in Taiwan.
Chen’s strategic vision and dedication to innovation have driven Yageo’s success, leading to his inclusion among Taiwan’s wealthiest individuals.
11. Andre Koo, Sr.
Net Worth: $4.5 B
Andre Koo, Sr. is a prominent Taiwanese business leader known for his role in the Chailease Group, a conglomerate with interests in leasing and financial services. He is one of the richest persons in Taiwan.
As the founder and chairman, Koo has spearheaded the company’s growth and expansion, contributing significantly to his status as one of Taiwan’s wealthiest individuals. His entrepreneurial acumen and strategic vision have solidified his position in the business world.
12. Tseng Cheng & Sing-ai
Net Worth: $4.4 B
Tseng Cheng and Sing-ai are a noteworthy power couple in Taiwan’s business realm. Tseng Cheng is the chairman of the conglomerate Continental Holdings Corporation, which has diversified interests including telecommunications, real estate, and retail.
Sing-ai, his wife, is known for her leadership in Taiwan’s publishing and media sectors. Together, their combined influence and contributions have propelled them to the ranks of Taiwan’s richest individuals. He is one of the richest persons in Taiwan.
13. Samuel Yin
Net Worth: $4.3 B
Samuel Yin is a highly respected figure in Taiwan, recognized for his contributions to the Ruentex Group, a conglomerate with holdings in various sectors, including textiles, retail, and energy. He is one of the richest persons in Taiwan.
Beyond business, Yin is known for his philanthropic efforts and support for cultural and educational initiatives. His multifaceted impact on Taiwan’s society and economy has played a significant role in his financial success.
14. Chang Kuo-Hua, Kuo-Ming & Kuo-Cheng
Net Worth: $3.2 B
The Chang brothers, Chang Kuo-Hua, Kuo-Ming, and Kuo-Cheng, have made significant strides in Taiwan’s petrochemical industry through their involvement in the Formosa Plastics Group. He is one of the richest persons in Taiwan.
As key figures in the company’s leadership, their contributions have contributed to the group’s dominance in the market and have solidified their positions among Taiwan’s wealthiest individuals.
15. Ma family
Net Worth: $3.15 B
The Ma family has established a legacy in Taiwan’s shipping industry through their leadership in the T.S. Lines company. He is one of the richest persons in Taiwan.
Their dedication to maritime transportation and logistics has not only brought them substantial wealth but has also contributed to Taiwan’s trade and economic activities.
16. Lin Ming-hsiung
Net Worth: $3.1 B
Lin Ming-hsiung is a notable entrepreneur in Taiwan’s textile industry. He is the founder of the Far Eastern New Century Corporation, a leading conglomerate with interests in textiles, petrochemicals, and environmental technology.
Lin’s business endeavors and commitment to sustainability have positioned him as a significant player in both the corporate and environmental sectors. He is one of the richest persons in Taiwan.
17. Chiao family
Net Worth: $3 B
The Chiao family, led by Chiao Teng-Hui, has been instrumental in the development of Taiwan’s cable television industry through the Eastern Broadcasting Company (EBC).
Their contributions to media and entertainment have resulted in both financial success and cultural influence, establishing their prominent status in Taiwan’s business landscape. He is one of the richest persons in Taiwan.
18. Lin Chen-hai
Net Worth: $2.7 B
Lin Chen-hai is known for his involvement in the Mercuries Group, a diversified conglomerate with interests in retail, real estate, and more. He is one of the richest persons in Taiwan.
Lin’s leadership and strategic initiatives have contributed to the group’s growth and prominence, solidifying his place among Taiwan’s wealthiest individuals.
19. Xie Weitong
Net Worth: $2.55 B
Xie Weitong is a significant figure in Taiwan’s financial services sector, particularly through the Yuanta Financial Holdings Group. He is one of the richest persons in Taiwan.
As the chairman, Xie’s leadership has propelled the group’s success and expansion, contributing to his recognition as one of Taiwan’s richest persons.
20. Chen Tei-fu
Net Worth: $2.5 B
Chen Tei-fu is a renowned entrepreneur known for founding Sunrider International, a company specializing in herbal and nutritional products. He is one of the richest persons in Taiwan.
His contributions to the health and wellness industry, as well as his innovative business approach, have led to his inclusion among Taiwan’s wealthiest individuals.
21. Tsai Ming-kai
Net Worth: $2.45 B
Tsai Ming-kai is a prominent Taiwanese entrepreneur known for his leadership in MediaTek, a global leader in semiconductor design. Under his guidance, MediaTek has become a key player in the technology industry, contributing to Taiwan’s reputation as a technology hub.
As the founder and chairman, Tsai’s innovative approach and strategic vision have played a pivotal role in the company’s success, making him one of Taiwan’s wealthiest individuals. He is one of the richest persons in Taiwan.
22. Samuel Chen
Net Worth: $2.4 B
Samuel Chen is recognized for his contributions to the Far Eastern Group, a conglomerate with interests in various sectors, including textiles, petrochemicals, and finance. He is one of the richest persons in Taiwan.
As a key figure in the company’s leadership, Chen’s business acumen and dedication have contributed to the group’s growth and financial success, solidifying his position as one of Taiwan’s leading billionaires.
23. T.Y. Tsai
Net Worth: $2.35 B
T.Y. Tsai is known for his involvement in the Lin Yuan Group, a conglomerate with diverse interests, including real estate, retail, and hospitality. He is one of the richest persons in Taiwan.
As the founder and chairman, Tsai’s strategic initiatives and entrepreneurial spirit have contributed to the group’s expansion and prominence, establishing him as one of Taiwan’s wealthiest individuals.
24. Morris Chang
Net Worth: $2.3 B
Morris Chang is a highly regarded figure in Taiwan’s technology sector, known for his role in founding and leading Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest independent semiconductor foundry. He is one of the richest persons in Taiwan.
As the former chairman of TSMC, Chang’s visionary leadership and contributions to the semiconductor industry have not only brought him substantial wealth but have also propelled Taiwan to the forefront of global technology innovation.
25. Lin Chang Su-O & family
Net Worth: $2.25 B
Lin Chang Su-O and her family have made significant strides in Taiwan’s manufacturing and automotive industries through their involvement in the Hotai Motor Co., the largest car distributor in Taiwan.
Lin’s leadership and her family’s business endeavors have contributed to the company’s success and their recognition as some of Taiwan’s wealthiest individuals. He is one of the richest persons in Taiwan.
26. Chao Teng-hsiung
Net Worth: $2.2 B
Chao Teng-hsiung is a notable figure in Taiwan’s financial sector, particularly through his role as the chairman of Cathay United Bank. He is one of the richest persons in Taiwan.
His leadership and contributions to the banking industry have earned him a place among Taiwan’s richest individuals, and his impact on the country’s financial landscape is widely recognized.
27. Bruce Cheng
Net Worth: $2.15 B
Bruce Cheng is a respected entrepreneur known for his contributions to Delta Electronics, a global leader in power and thermal management solutions. He is one of the richest persons in Taiwan.
As the founder and honorary chairman, Cheng’s innovative approach and dedication to sustainability have driven Delta’s success and positioned him as one of Taiwan’s leading billionaires.
28. Douglas Hsu
Net Worth: $2.1 B
Douglas Hsu is a prominent figure in Taiwan’s shipping and logistics industries through his involvement in the Far Eastern Group. He is one of the richest persons in Taiwan.
As the chairman, Hsu’s strategic initiatives and leadership have contributed to the group’s growth and diversification, solidifying his position as one of Taiwan’s wealthiest individuals.
29. Lo Ming-han & Tsai-jen & family
Net Worth: $2 B
The Lo family, led by Lo Ming-han and Tsai-jen, has established a legacy in Taiwan’s food and beverage industry through their involvement in the Uni-President Enterprises Corporation. He is one of the richest persons in Taiwan.
Their contributions to the company’s growth and success, as well as their commitment to quality products, have propelled them to the ranks of Taiwan’s richest individuals.
30. Wang Ren-sheng
Net Worth: $1.95 B
Wang Ren-sheng is known for his role in the Formosa Chemicals & Fiber Corporation, a leading manufacturer in the petrochemical industry. As a key figure in the company’s leadership.
Wang’s contributions have significantly impacted Taiwan’s industrial sector and have earned him recognition as one of the country’s wealthiest individuals. He is one of the richest persons in Taiwan.
31. Shi Wen-long
Net Worth: $1.9 B
Shi Wen-long is a notable figure in Taiwan’s financial sector, recognized for his contributions to the Fubon Financial Holding Co. His influence in the financial industry has positioned him as one of Taiwan’s leading billionaires.
As a key leader in the company, Shi’s strategic initiatives and dedication have played a significant role in its growth and prominence. He is one of the richest persons in Taiwan.
32. Thomas Wu
Net Worth: $1.85 B
Thomas Wu is renowned for his role in the Hong Tai Group, a conglomerate with interests in various sectors, including real estate, finance, and hospitality. He is one of the richest persons in Taiwan.
As the founder and chairman, Wu’s entrepreneurial spirit and strategic vision have contributed to the group’s expansion and success, establishing him as one of Taiwan’s wealthiest individuals.
33. Wang Chou-hsiong
Net Worth: $1.8 B
Wang Chou-hsiong is a prominent entrepreneur known for his involvement in the Pou Chen Group, a global leader in the footwear and sportswear industry. He is one of the richest persons in Taiwan.
As the chairman, Wang’s leadership and commitment to innovation have driven the group’s success and positioned him as a significant player in Taiwan’s business landscape.
34. Howard Nien & family
Net Worth: $1.7 B
Howard Nien and his family have made their mark in Taiwan’s real estate industry through their leadership in the T.C.C. Group. He is one of the richest persons in Taiwan.
Their strategic investments and dedication to quality properties have earned them recognition as some of Taiwan’s wealthiest individuals, contributing to the country’s urban development and economic growth.
35. Wu Li-gann
Net Worth: $1.65 B
Wu Li-gann is known for his involvement in the Far Eastern New Century Corporation, a leading conglomerate with interests in textiles, petrochemicals, and environmental technology. He is one of the richest persons in Taiwan.
As a key figure in the company’s leadership, Wu’s contributions have contributed to its growth and prominence, solidifying his place among Taiwan’s wealthiest individuals.
36. Chen Yung-tai
Net Worth: $1.6 B
Chen Yung-tai is a prominent figure in Taiwan’s retail industry, particularly through his role as the chairman of President Chain Store Corporation. He is one of the richest persons in Taiwan.
His leadership and strategic initiatives have contributed to the success of the 7-Eleven convenience store chain in Taiwan, making him one of the country’s leading billionaires.
37. Archie Hwang
Net Worth: $1.55 B
Archie Hwang is recognized for his contributions to the media and entertainment sectors in Taiwan. He is one of the richest persons in Taiwan.
As the chairman of Want Want China Times Group, Hwang’s leadership and dedication to quality journalism have earned him recognition and have positioned him as one of Taiwan’s wealthiest individuals.
38. K.C. Liu
Net Worth: $1.5 B
K.C. Liu is a notable entrepreneur known for his role in the Tung Ho Steel Enterprise Corporation, a leading player in Taiwan’s steel industry. He is one of the richest persons in Taiwan.
As the chairman, Liu’s strategic vision and dedication to innovation have driven the company’s success and established him as a significant contributor to Taiwan’s industrial sector.
39. William & Wilfred Wang
Net Worth: $1.45 B
William and Wilfred Wang are prominent figures in Taiwan’s technology and manufacturing sectors. They are recognized for their roles in the Yageo Corporation, a leading manufacturer of passive electronic components.
Their strategic leadership and commitment to innovation have contributed to the company’s growth and positioned them as some of Taiwan’s wealthiest individuals. He is one of the richest persons in Taiwan.
40. Chin Jong Hwa
Net Worth: $1.4 B
Chin Jong Hwa is a respected entrepreneur known for his contributions to the Formosa Petrochemical Corporation, a major player in Taiwan’s petrochemical industry. He is one of the richest persons in Taiwan.
As the chairman, Chin’s leadership and strategic initiatives have solidified the company’s position in the market and have earned him recognition as one of Taiwan’s leading billionaires.
41. Li Shui-po
Net Worth: $1.37 B
Li Shui-po is a notable figure in Taiwan’s business landscape, known for his involvement in the Ruentex Group, a conglomerate with interests in various sectors, including textiles, retail, and energy. He is one of the richest persons in Taiwan.
As a key leader in the company, Li’s strategic initiatives and business acumen have contributed to its success and expansion, positioning him as one of Taiwan’s leading billionaires.
42. Scott Lin
Net Worth: $1.35 B
Scott Lin is recognized for his contributions to Taiwan’s media and entertainment industry. He is the founder of Gala TV and GTV, media companies that have played a significant role in shaping the country’s broadcasting landscape.
Lin’s vision and dedication to quality programming have earned him recognition and established him as a prominent figure in Taiwan’s entertainment sector. He is one of the richest persons in Taiwan.
43. Wang Shih-Chung
Net Worth: $1.3 B
Wang Shih-Chung is a respected entrepreneur known for his role in the King’s Town Bank, contributing to Taiwan’s financial sector. He is one of the richest persons in Taiwan.
As the chairman, Wang’s strategic initiatives and leadership have contributed to the bank’s growth and prominence, positioning him as one of Taiwan’s wealthiest individuals.
44. Yeh Kuo-I
Net Worth: $1.28 B
Yeh Kuo-I is a significant figure in Taiwan’s shipping and logistics industries through his involvement in the Yang Ming Marine Transport Corporation.
As the chairman, Yeh’s leadership has contributed to the company’s success and growth, solidifying his position as a key player in Taiwan’s maritime transportation sector. He is one of the richest persons in Taiwan.
45. Shirley Kao
Net Worth: $1.25 B
Shirley Kao is known for her contributions to Taiwan’s financial sector, particularly through her role as the chairperson of Sinopac Financial Holdings. He is one of the richest persons in Taiwan.
Her leadership and dedication to the banking industry have earned her recognition and positioned her as one of Taiwan’s leading businesswomen.
46. Wu Chung-yi
Net Worth: $1.2 B
Wu Chung-yi is a prominent entrepreneur known for his involvement in Taiwan’s real estate industry through his role in the New Century Group. He is one of the richest persons in Taiwan.
As the founder and chairman, Wu’s strategic vision and business initiatives have contributed to the group’s success and expansion, establishing him as one of Taiwan’s wealthiest individuals.
47. Eugene Wu
Net Worth: $1.17 B
Eugene Wu is recognized for his role in Taiwan’s shipping and logistics industries through his involvement in the Evergreen Marine Corporation. He is one of the richest persons in Taiwan.
As a key leader in the company, Wu’s contributions have significantly impacted Taiwan’s maritime transportation sector and have positioned him as a notable figure in the industry.
48. Tsao Ter-fung
Net Worth: $1.15 B
Tsao Ter-fung is a respected entrepreneur known for his contributions to Taiwan’s petrochemical industry, particularly through his role in the Formosa Chemicals & Fiber Corporation. He is one of the richest persons in Taiwan.
As the chairman, Tsao’s leadership and strategic initiatives have solidified the company’s position in the market and have earned him recognition as one of Taiwan’s leading billionaires.
49. Cho Jyh-jer
Net Worth: $1.1 B
Cho Jyh-jer is a notable figure in Taiwan’s technology sector, recognized for his involvement in the Asia Optical Company. He is one of the richest persons in Taiwan.
As the chairman, Cho’s leadership and dedication to innovation have contributed to the company’s success in the optics and imaging industry, positioning him as one of Taiwan’s leading entrepreneurs.
50. Steven Pan & family
Net Worth: $1.05 B
Steven Pan and his family are prominent figures in Taiwan’s business landscape, known for their involvement in the Formosa Plastics Group. He is one of the richest persons in Taiwan.
As key leaders in the company, their strategic initiatives and contributions to the petrochemical industry have solidified their positions as some of Taiwan’s wealthiest individuals.
Conclusion
Taiwan’s evolution into an economic powerhouse is intrinsically intertwined with the stories of its most prosperous citizens, who have secured their positions among the top 50 richest persons in Taiwan. Their accumulations of wealth not only signify personal triumphs but also serve as a testament to Taiwan’s indomitable spirit of innovation and resilience.
As the country continues to forge ahead in a rapidly changing global economy, the tales of these remarkable individuals stand as beacons of inspiration, reminding us that dedication, ingenuity, and relentless pursuit of excellence can spark transformational change. The narratives of these trailblazers encapsulate Taiwan’s journey from a fledgling economy to a thriving force, fueling aspirations and driving progress for generations to come.
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