Tsai Hong-tu

Tsai Hong-tu
蔡宏圖
Born (1952-08-01) 1 August 1952 (age 71)
Zhunan, Miaoli County, Taiwan
Occupations
  • Businessman
  • banker
Parent

Tsai Hong-tu (Chinese: 蔡宏圖; pinyin: Cài Hóngtú; Wade–Giles: Tsai4 Hung2-tu2; born 1 August 1952) is a Taiwanese businessman and banker who currently chairs Cathay Financial Holdings.

Early life and education

Tsai was born in Zhunan, Miaoli County and grew up in Taipei. The son of billionaire Tsai Wan-lin, he earned a bachelor's of law from the National Taiwan University (1974) and a Ph.D. from Southern Methodist University (1978).

Business career

In 2004, Tsai inherited stakes of the company with his brothers Tsai Cheng-da and T. Y. Tsai when their father Tsai Wan-lin died. The Tsai family also controls Cathay Real Estate, a Taiwanese property developer.

In the 2010 Forbes World's Billionaires List, Tsai was ranked No. 582 in the world, alongside his brothers, each with individual net worth of US$1.7 billion.[1] In the same year, Forbes also listed Tsai as one of the world's most altruistic individuals for donating US$3 million toward Typhoon Morakot relief and for giving US$7.8 million to National Taiwan University's law school in 2003.[2]

References

  1. ^ "2010《富比世》全球富豪榜揭露，郭台銘財富大躍進". Business Next (in Chinese (Taiwan)). 11 March 2010. Retrieved 12 December 2023.
  2. ^ "Vegetable seller joins 'Forbes' list of most altruistic". Taipei Times. 6 March 2010. Retrieved 12 December 2023.