Cher Wang & Wenchi Chen Net Worth

Cher Wang and Wenchi Chen, a husband and wife duo, were born on September 14, 1958 in Taiwan. They have experienced a decline in their fortune since 2011, when they were the nation's wealthiest, with a peak of $8.8 billion. In the first half of 2016, their shares in mobile phone flagship HTC seemed to have stabilized after the company ventured into the virtual-reality goggle business. Wang also holds shares in Formosa Plastics, a company cofounded by her late father, Y.C. Wang, and in media businesses.
Cher Wang & Wenchi Chen is a member of Technology

Age, Biography and Wiki

Birth Day September 14, 1958
Birth Place Taiwan
Age 65 YEARS OLD
Birth Sign Libra
Citizenship Republic of China
Education UC Berkeley, 1981
Occupation Entrepreneur
Years active 1997-present
Employer HTC, VIA Technologies
Known for Contributions to HTC and VIA; creating a fairly early model of smart phones in 1997
Home town Taipei, Taiwan
Spouse(s) Chen Wen-Chi
Parent(s) Wang Yung-ching Jiao Yang
Relatives Cherlin Wang
Awards Forbes World's Billionaires list, 2010, 2011, 2012; Forbes World's Most Powerful Women list, 2012, 2014

💰 Net worth: $850 Million (2024)

Cher Wang and Wenchi Chen are widely recognized as influential figures in the technology industry in Taiwan. Their immense contributions and pioneering endeavors have propelled them to significant success, with an estimated net worth of $850 million in 2024. These highly accomplished individuals have consistently demonstrated exceptional business acumen and innovative thinking, positioning themselves at the forefront of technology advancements. With their wealth of expertise and invaluable contributions to the industry, Cher Wang and Wenchi Chen have undoubtedly solidified their positions as revered figures in Taiwan's technology sector.

2010 $2 Billion
2011 $6.8 Billion
2012 $4 Billion
2013 $2.4 Billion
2018 $2.4 Billion

Some Cher Wang & Wenchi Chen images

Biography/Timeline

1981

Wang studied abroad at The College Preparatory School in Oakland, California, and went on to receive her bachelor's degree in economics from the University of California, Berkeley in 1981.

1982

She joined First International Computer (FIC) in 1982. Wang and others founded VIA in 1987 and HTC in 1997. In May 2011, Forbes ranked her with husband Wen Chi Chen as the wealthiest person in Taiwan, with a net worth of US$8.8 billion. In August 2012, Wang was named #56 on Forbes' list of The World's 100 Most Powerful Women. As of 2014, she is listed as the 54th most powerful woman in the world by Forbes.

1992

Wang is an avid philanthropist who says she prefers to stay out of the limelight despite her many accomplishments. She has begun to insert herself in Taiwan politics, however, by supporting Taiwan President Ma Ying-jeou in his bid for re-election and by voicing her support for the 1992 Consensus. Her husband is Wen Chi Chen, the CEO of VIA Technologies. Wang is Christian. She has two children.

2011

In 2011 Wang donated US$28.1 million to help found Guizhou Forerunner College, a charitable college in southwest China set up by VIA Technologies' non-profit Faith-Hope-Love Foundation. The not-for-profit college aims to provide three years of free or low-cost education to students from low-income families. Wang has stated that if the college proves successful she may well set up additional similar institutions in other parts of the country.

2012

In August 2012 Wang donated 6,000 HTC Flyer tablet PCs to 60 high schools in Taipei.

2014

In Oct. 2014, Cher Wang refused to accept the Final Award of the "HKIAC / A11022 arbitration" and appealed to the Hong Kong High Court (Case No.:HCCT40 / 2014) before Judge Mimmie Chan. Wang asserted that the Award was contrary to public policy. VIA product VT3421, an anti-hack chip (also named asTF376) was suspected in assisting the Chinese government of surveilling mobile devices of anti-communist and human rights Activists. VIA executive Li Shaolun (Steven S. Lee) admitted in the proceedings that VIA chips did have "back door". The Hong Kong HKIAC sentenced VIA with compensation. In a hearing before the Justice Mimmie Chan, in the High Court of Hong Kong, she said she believed the Award was in violation of Hong Kong's public order and morals. In June 2015 in she remised the case back to Arbitrator Anthony Neoh. The tribunal upheld the conviction in October 2015, and VIA lost the case for millions of dollars.

2015

In March 2015, Cher Wang took over the CEO role from Peter Chou and returned to the day-to-day operations of HTC.

2017

In September 2017, HTC and Google announced a US$1.1 billion cooperation agreement, which involved certain HTC employees would join Google, and Google would receive HTC IP through a non-exclusive licensing agreement.

2019

Wang’s Charity Foundations are holding eight investment companies’ stocks with market value of over US$200 millions. However, only US$ twenty-seven thousand has been donated to charity(0.000135%)