Tsai Cheng-da

About Tsai Cheng-da

Birth Place: Taipei, Taiwan, Taiwan

Tsai Cheng-da Net Worth

Tsai Cheng-da was born in Taipei, Taiwan, Taiwan. Tsai sits on the board of Cathay Financial Holdings. His father Tsai Wan-lin, who ran Cathay for years, was Taiwan's wealthiest person at the time of his death in 2004. Brothers Hong-tu and T.Y., and cousins Richard and Daniel Tsai, are all billionaires too.
Tsai Cheng-da is a member of Finance

💰 Net worth: $2.8 Billion (Updated at 22 June 2018)

2010 $1.7 Billion
2011 $1.6 Billion
2014 $1.8 Billion
2015 $2.1 Billion
2016 $1.4 Billion
2017 $2.3 Billion
2018 $2.65 Billion

Some Tsai Cheng-da 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.