Taiwan's top 50 billionaires' wealth up 12%; Barry Lam ranks No. 1 focustaiwan.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focustaiwan.tw Daily Mail and Mail on Sunday newspapers.
/ Staff writer, with CNABrothers Daniel Tsai （蔡明忠） and Richard Tsai （蔡明興）, who run Fubon Group （富邦集團）, took the top spot in Forbes magazine’s list of Taiwan’s 50 richest people this year, despite an 8 percent fall in their net worth.
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.
2021/05/07 14:38 Taiwan s economy did surprisingly well in 2020, and so did its wealthiest citizens, says Forbes Taiwan s economy did surprisingly well in 2020, and so did its wealthiest citizens, says Forbes (CNA photo) TAIPEI (Taiwan News) According to the latest list published by Forbes Magazine, a little-known shoemaker, Zhang Congyuan (張聰淵), is Taiwan’s wealthiest individual with a fortune estimated at US$13.8 billion (NT$385 billion). Zhang, 73, and his family run the Huali Industrial Group, which makes shoes for global brands such as Nike, Puma, Vans and UGG. His rise to the top of the list was linked to the company’s listing on the stock exchange in Shenzhen, China, Forbes reported.