Tsai Eng Meng 
The Richest Man In Taiwan

Tsai Eng Meng is a businessman of Taiwanese origin who has an estimated net worth of $10 billion. He is the richest person in Taiwan mainly due to his position as the Chairman & CEO of Want Want, a food producer. The company was actually founded by his father in 1962.

 But over the years the company has made a steady upward progress and it has now developed into one of the largest producers of Chinese-style snacks in Asia. 

Want Want China Holdings which produces more snacks like rice crackers has been listed on China Stock Exchange. The company has forayed into beverages as well and it has achieved reasonably good sales which have helped to increase his net worth.

There has been media reports which suggest that he has plans of investing into media too. Presently he has investments in financial services through Waterland and Union Insurance and in hotels via San Want chain. 

Tsai Eng-Meng has shown great interests in Taiwanese Media but he has been widely criticized for his political views which are seen to be pro-China. But this is hardly a surprise as Want Want Holdings operates more than 100 manufacturing units in mainland China and only 2 in Taiwan.

The company has more than 60,000 employees in its roll. In 2008, a subsidiary of the company, Want Want China Holdings Limited, was listed on the stock exchange in Hong Kong. 

Press Like If You Learnt Something New : )

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

The material in this site is purely for educational purposes only. In creating this side we have sourced info from many sites and would like to give credit to where it is due.We do not intend to infringe any website's copyrighted material and we use the information for educational purposes and use information that are public in nature and hopefully protected by freedom of information laws. Also, when I created this website years ago, I took many pictures from the internet that may infringe your copyright. I will be slowly taking all these down and if the picture that belongs to you or your company is still there, please drop me an email and I will remove the pictures. If you found that any article in this website infringe your rights please let us know and we will take it down. Thanks.


References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)