Chang Yung-fa
Richest Billionaires

Chang Yung-fa Net Worth

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He was also the founder of the Evergreen Foundation, a philanthropic organization that focuses on environmental protection, education, and medical care. Chang Yung Fa was a Taiwanese businessman who had a net worth of $1.5 billion. He was the founder and chairman of the Evergreen Group, a Taiwan-based conglomerate of shipping, transportation, and associated service companies, and the founder of the Evergreen Foundation, a philanthropic organization that focuses on environmental protection, education, and medical care.
Chang Yung-fa is a member of Richest Billionaires

Age, Biography and Wiki

Birth Day October 06, 1927
Birth Place Taiwan
Age 89 YEARS OLD
Died On 2016
Birth Sign Libra
Net Worth: $1.5 Billion
Gender: Male

💰 Net worth: $1.5 Billion (2024)

Born in 1927, in Penghu, Taiwan (while it was under Japanese rule), he started his professional career right after he finished high school at the age of 18. At first, he worked in a Taipei office of a Japanese shipping line. Then, in the post-World War II period, Chang became third officer at a local shipping company, and progressed through the ranks to a captain. It was in 1961 that Mr. Yung Fa united with some friends to found a shipping company, which developed successfully thanks to Chang's experience in the business. After a while, he decided to branch out on his own with the establishment of Evergreen Marine Corporation on September 1, 1968. Ever since, the Evergreen Group has evolved and expanded beyond the shipping industry with operations in heavy industrial development, air transport, hotels and resorts services. With the growth of the company, Chang Yung Fa's fortune swelled as well until 2012, when he saw some fall due to global losses in the shipping industry. In addition to the above, he managed Taiwan carrier EVA Air and Evergreen International Storage and Transport. A great philanthropist as he is, Chang Yung Fa gave $10 million to earthquake victims in China in 2013. Chang Yung Fa passed away on January 20, 2016 at 88 years old.

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Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.