- Lin Yu-lin
$5.2 BILLION T
SOURCE: REAL ESTATE
AGE: 80. MARRIED, 7 CHILDREN
Taiwan’s richest real estate tycoon’s Hong Tai
Group owns some of Taipei’s most valuable
commercial buildings, including Exchange Square
I and II in the Xinyi District. Other businesses
include Hung Tai Construction and Hontai Life
Insurance. The son of a small grocery and rice mill
owner, he held on to the rice-milling business after
his father died and began buying up properties
after the end of World War II. - Wei brothers
$4.6 BILLION T
SOURCE: FOOD
Once best known as icons of Taiwan’s success in
the mainland market, the Wei brothers’ instant
noodle and beverage company, Tingyi, headed
by Wei Ing-Chou, has been hit by slowing sales in
China and a food-safety scandal at home. Brother
Yin-Chun was sentenced in May to 4 years for
violating food safety laws but will appeal. The news
helped to drive shares down more than 50% in the
past year, and the family’s fortune plummeted
$2.9 billion from a year ago. - Tsai brothers
$4.5 BILLION T
SOURCE: FINANCE
Brothers Hong-tu and Cheng-da and half-brother
Chan-Chui lead Cathay Financial Holding, a
financial services company with a market cap of
$13 billion. Family also controls Cathay Real Estate,
which has been expanding into hotels. Shares of
both are down, knocking $1.4 billion off family’s
fortune. Cousins are ranked No. 1.
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time of his 2004 death - Wang family
$4.3 BILLION 3
SOURCE: PLASTICS
Heirs of legendary entrepreneur Y.C. Wang (d.
- and his brother Wang Yung-tsai (d. 2014)
control Taiwan’s Formosa Plastics Group, nation’s
largest private enterprise. Vietnam reportedly
fined Formosa $500 million for discharging toxic
waste that killed millions of fish. Family returns to
ranks after year absence due to new information
on assets. Formosa is world’s biggest producer of
PVCs.
- Tsai Eng-Meng
$6.1 BILLION T
SOURCE: FOOD & BEVERAGES
AGE: 59
One of Taiwan’s biggest suppliers of food and
drinks to China’s middle class, his Want Want
China, which makes rice crackers and chilled milk
among other Chinese-style snacks, has been hit
by slowing demand. Revenues fell by 9% to $3.4
billion in 2015. Tsai’s fortune is down $2.2 billion in
the past year and off $4.5 billion since 2013 peak.
Tsai, who built Want Want from his father’s small
trading operation, also has investments in hotels,
media and financial services.
SUP TDOWN WXUNCHANGED ÌNEW TO LIST 3 RETURNEE- Terry Gou
$6 BILLION T
SOURCE: ELECTRONICS
AGE: 65. MARRIED, 3 CHILDREN
Chairman of Hon Hai Precision, world’s largest electronics contract manufacturer, whose top
customers include Apple. Facing tough competition and slowing smartphone growth, Hon Hai has
turned to mergers in the past year. It paid $3.5 billion for control of Japanese electronics maker
Sharp. It also purchased the Nokia mobile phone brand from Microsoft as part of a broader $350
million deal with the software titan. Gou founded the business in 1974 with $7,500 and a belief that
electronics products “would be an integral part of everyday life in every office and in every home.”
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- Daniel & Richard Tsai
$8 BILLION T
SOURCE: FINANCE
AGE: 60, 59
Brothers who run Fubon Financial rank first
among Taiwan’s richest for second year in a
row, despite $2 billion drop in their fortune.
Once helpful, the company’s ties to mainland
China have become a concern, given the
underperformance of its assets there. The fall
in Taiwan’s stock market hurt its investments
at home as well. Family is also an investor in
Taiwan Mobile and momo.com, a TV-shopping
business.
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