T.Y. Tsai
Finance

T.Y. Tsai Net Worth

T.Y. Tsai was born in Taipei, Taiwan and is the son of Tsai Wan-lin, who built Cathay Life Insurance into a powerhouse and was Taiwan's richest at the time of his death in 2004. In 2010, T.Y. sold his shares in Cathay Financial Holding, Cathay Life's successor, to his brothers and now makes real estate investments through Homax Equity. He also has a collection of cars and art, including at least one Monet. His cousins Daniel and Richard Tsai, and brothers Hong-tu and Cheng-da, are all billionaires.
T.Y. Tsai is a member of Finance

Age, Biography and Wiki

Birth Place Taipei, Taiwan, Taiwan

💰 Net worth: $2.23 Billion (2024)

T.Y. Tsai, a prominent figure in the world of finance in Taiwan, is projected to have a net worth of $2.23 billion by 2024. With his extensive experience and expertise in various financial sectors, Tsai has built a remarkable empire over the years. His ability to navigate the intricacies of finance has propelled him to the forefront of Taiwan's financial landscape, earning him immense recognition and wealth. As an influential leader, Tsai's net worth serves as a testament to his outstanding achievements and continued success in the field of finance.

2010 $1.7 Billion
2011 $2.2 Billion
2012 $2.2 Billion
2013 $2.1 Billion
2014 $2.1 Billion
2015 $2.1 Billion
2016 $2 Billion
2017 $2.1 Billion
2018 $2.23 Billion

Biography/Timeline

1960

With one of his brothers Tsai joined Taipei's Tenth Credit Cooperative in 1960. Two years later, they founded the Cathay Life Insurance Company, which at the time of his death was the largest life insurance company in Taiwan.

1977

He died of heart disease at the age of 81 in Taipei's Cathay General Hospital, which he founded in 1977. He had been hospitalized for six years. Tsai was married to Chou Pao-chin and had seven children.

1979

The family split Cathay Life Insurance in 1979. Tsai Wan-lin founded the Lin Yuan Group with his share. Over the next 10 years, the Lin Yuan Group expanded to become the largest Taiwanese conglomerate. Cathay Financial Holdings, a division of the Lin Yuan Group, became Taiwan's largest financial holding company. Cathay Insurance was renamed Fubon Insurance in 1992.

1987

Tsai was first listed by Forbes as a Billionaire in 1987. He was appointed a senior adviser to the President of the Republic of China in 2000.

Some T.Y. Tsai images

About the author

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.