T Y Tsai, Billionaire From Taiwan
T Y Tsai is a businessman from Taiwan who has an estimated net worth of $2.1 billion. His father founded the Cathay Life Insurance and gradually this company transformed into a powerhouse.
In 2010 T.Y.Tsai sold all his shares at Cathay Financial Holding to his brothers, Tsai Hong-tu & Tsai Cheg-da who became billionaires themselves. He turned his attention towards real estate and there are reports that he has a long cherished dream of building a real estate empire.
In his personal life, T.Y.Tsai loves collecting cars and art pieces and has, at least, one Monet. Tsai is married and has one child. He resides in Taipei.
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