T.Y. Tsai Net Worth

T.Y. Tsai was born in Taipei, Taiwan, Taiwan. T.Y. Tsai's father Tsai Wan-lin built Cathay Life Insurance into a powerhouse and was Taiwan's richest at the time of his 2004 death. T.Y. struck out on his own in 2010, selling his shares in Cathay Financial Holding, Cathay Life's successor, to his brothers. These days Tsai makes real estate investments through Homax Equity. He has a collection of cars and art, including at least one Monet. Cousins Daniel and Richard Tsai, and brothers Hong-tu and Cheng-da, are all billionaires.
T.Y. Tsai is a member of Finance

💰 Net worth: $2.23 Billion

2010 $1.7 Billion
2011 $2.2 Billion
2012 $2.2 Billion
2013 $2.1 Billion
2014 $2.1 Billion
2015 $2.1 Billion
2016 $2 Billion
2017 $2.1 Billion
2018 $2.23 Billion

Some T.Y. Tsai images

Biography/Timeline

1960

With one of his brothers Tsai joined Taipei's Tenth Credit Cooperative in 1960. Two years later, they founded the Cathay Life Insurance Company, which at the time of his death was the largest life insurance company in Taiwan.

1977

He died of heart disease at the age of 81 in Taipei's Cathay General Hospital, which he founded in 1977. He had been hospitalized for six years. Tsai was married to Chou Pao-chin and had seven children.

1979

The family split Cathay Life Insurance in 1979. 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. Cathay Insurance was renamed Fubon Insurance in 1992.

1987

Tsai was first listed by Forbes as a Billionaire in 1987. He was appointed a senior adviser to the President of the Republic of China in 2000.