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Combined Wealth Of Taiwan s 50 Richest On Forbes List Rises $19 Billion To $174 Billion
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Taiwan s 50 Richest 2024: Supercharged By AI Demand, Chip Fortunes Hit Record Highs
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Taiwanâs 50 Richest 2021: Buoyed By An Export Boom, Fortunes Soar Amid The Pandemic
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Some of the biggest gainers on the Taiwan s rich list this year are linked to the production of semiconductors, amid a rise in demand for smartphone chips around the world.
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While the pandemic disrupted lives and economies around the world, Taiwan remained largely unscathed. Swift prevention measures to tackle the coronavirus resulted in just over 1,100 cases and 12 deaths, amid a population of 24 million. Taiwan had one of Asiaâs top-performing economies, growing 3% in 2020, thanks to booming tech exports and increased domestic demand. The benchmark Taiex index rose 45% since fortunes were last measured 15 months ago, lifting the collective net worth of Taiwanâs richest by a third to $149 billion.