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/ 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.
Shoe business owner ranks as Taiwan s richest person: Forbes
05/07/2021 10:13 PM
Zhang s shoe factory in Yulin County. Photo courtesy of a member of the public
Taipei, May 7 (CNA) Zhang Congyuan (張聰淵), founder of contract shoe maker Huali Industrial, took the title as the richest person in Taiwan, with a net worth at US$13.8 billion, according to Taiwan s Richest 2021 list released by Forbes.
It was the first time for the low-key, self-made tycoon, to top the Forbes top 50 billionaires list in Taiwan.
Huali Industrial owns production facilities in China, Vietnam and Dominica, and its international customers include Nike, Puma, UGG and Vans, the magazine said.