- Category:
- Richest Business › CEOs
- Net Worth:
- $7.8 Billion
- Birthdate:
- Aug 5, 1929 - Oct 5, 2014 (85 years old)
What is Tsai Wan-tsai's Net Worth?
Tsai Wan-tsai is a businessman who has a net worth of $7.8 billion dollars. Tsai Wan-tsai wasb born in Taiwan, and is a current resident of Taipei. Tsai Wan-tsai attended National Taiwan University. He is part of a successful business family, and is the brother of Tsai Wan-lin, the founder of Cathay Life Insurance Company, and the uncle of Tsai Hong-tu, Cathay Company's current CEO. The Cathay Company has been largely unstable since the passing of Tsai Wan-lin, as his children fight for dominance of the company. Conversely, Tsai Wan-tsai, and his two sons, have managed their own firm, Fubon Group, quite successfully, and with very little internal strife. Fubon Financial Holding controls investments in various broadcasting, telecommunications, and real estate interests. After an extended period of success, the company has recently struggled financially, and its value has dropped a rather massive 25% since 2011. Many analysts believe this is due to concerns about overall economic growth within the sectors in which Fubon has the majority of their holdings.
