
Tsai Wan-lin
Taiwanese businessman
Tsai Wan-lin (Chinese: 蔡萬霖; pinyin: Caì Wànlín; 10 November 1924 – 27 September 2004) was a Taiwanese businessman who, at the peak of his wealth in 1996, was considered to be the fifth richest person in the world, with a family net worth of US$12.2 billion. At the time of his death in 2004, he was the richest man in Taiwan with a fortune of US$4.6 billion (NT$156.3 billion), ranked 94th worldwide.2
From Wikipedia’s article on Tsai Wan-lin (this version), CC BY-SA 4.0.
Born Nov 10, 1924, died Sep 27, 2004.1
About
He founded the Lin Yuan Group, a large banking and insurance group.
He was born into a poor farmer's family in Chikunan Town, Chikunan District, Shinchiku Prefecture, Japanese-era Taiwan (modern-day Zhunan, Miaoli County). Tsai started out in Taipei by selling vegetables and soybeans with his brothers as a child.
With one of his brothers Tsai joined Taipei's Tenth Credit Cooperative in 1960. Two years later, they founded Cathay Life Insurance, which at the time of his death was the largest life insurance company in Taiwan. Tenth Credit Cooperative was eventually transferred to Tsai Wan-lin's nephew Tsai Chen-chou.
The family split Cathay Life Insurance in 1979. Tsai Wan-lin took control of Cathay Life Insurance with his brother Tsai Wan-tsai taking ownership of the non-life insurance business that he then renamed to Fubon Insurance in 1992.. Tsai Wan-lin founded the Lin Yuan Group with his share. Over the next 10 years, the Lin Yuan Group expanded to become the largest Taiwanese conglomerate. Cathay Financial Holdings, a division of the Lin Yuan Group, became Taiwan's largest financial holding company.
From Wikipedia’s article on Tsai Wan-lin, shared under CC BY-SA 4.0.2
Companies
- Cathay Life InsuranceFounder10
Early life and education
- Date not recordedTaipei Municipal Chengyuan High School3
Career
Occupation: entrepreneur.6
- Date not recordedFounded Cathay Life Insurance4
- Date not recordedSenior advisor5
Personal life
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataTsai Wan-lin on Wikidata
- 2WikipediaTsai Wan-lin on Wikipedia
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- 10WikidataCathay Life Insurance, Founder
- 11Wikimedia CommonsTsai Wan-lin photo by 臺北市議會, Public domain