T.Y. Tsai Net Worth

9 months ago

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.

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Tags 1924 births 2004 deaths People from Miaoli County Senior Advisors to President Chen Shui-bian Taiwanese billionaires Taiwanese businesspeople Tsai family of Miaoli Taiwanese business biography stubs Taiwanese people stubs