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Shoe factory owner ranked Taiwan’s richest person
Staff writer, with CNA
Zhang Cong-yuan (張聰淵), founder of contract shoemaker Huali Industrial Group Co Ltd (華利集團), has taken the title of Taiwan’s richest person, with a net worth of US$13.8 billion,
Forbes announced in its Taiwan’s Richest 2021 list.
It was the first time that the low-key, self-made tycoon ranked No. 1 on
Forbes’ list of the top 50 billionaires in Taiwan.
Huali Industrial, which owns production facilities in China, Vietnam and the Dominican Republic, supplies international customers such as Nike Inc, Puma AG, UGG and Vans, the magazine said.
The Liang Shing and Takson shoe factory, believed to be where Zhang Cong-yuan started his business, is pictured in Yunlin County’s Cihtong Township on Friday. Forbes has ranked Zhang, founder of contract shoemaker Huali Industrial Group Co Ltd, as Taiwan’s richest person.