Chang Yung Fa & Family Net Worth is$1,850 $Million
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Chang Yung-fa (a 1/4 uae?(R)c? 1/4 ) (1927, Penghu, Republic of China (Taiwan)) is the founder and Group Chairman of the Evergreen Group.
In 1927, Chang was born in Penghu, while Taiwan was under Japanese rule. After graduating from Taipei Commercial High School at the age of 18, he went to work in the Taipei office of a Japanese shipping line.
After World War II, he joined the seagoing staff of a local shipping company as third officer. His subsequent career was spent with various local companies and he progressed through the ranks to captain.
In 1961, Dr. Chang and some friends jointly established a shipping company and, having helped this company to develop, he decided to branch out on his own, establishing Evergreen Marine Corporation on September 1, 1968 with just one secondhand 15,000 ton vessel, Central Trust.
Over the next four years, Chang painstakingly built his fleet up to twelve, running them empty when necessary to convince his customers his services were both as regular as clockwork and as reliable as the sunset. Within a year, he had expanded to the Middle East. Within three, Chang was dispatching Evergreen ships to the Caribbean.
In 1975, Chang realized that containerisation was the way forward. He built four advanced S-type container ships and launched his U.S. East Coast service. Fifteen months later, he added the West coast of the United States to his network. Europe followed in 1979.
By 1984, he started his most ambitious service yet- two 80-day round-the-world services, one circling the globe in an easterly direction, the other westward. Departing every 10 days, the 20 G-type container ships he employed had a capacity of 2,728 containers each and could travel at a speed of 20.5 knots.
The Evergreen Group has expanded beyond the shipping industry to encompass operations in heavy industrial development, air transport, hotels and resorts services.
The Evergreen Group, with over 27,000 employees and more than 220 offices/agen

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Chang Yung-fa Net Worth

Chang Yung Fa Net Worth: Chang Yung Fa is a Taiwanese businessman who has a net worth of $1.5 billion. Chang Yung Fa has accumulated his wealth as the founder and chairman of the now publicly listed Evergreen Group, which is a Taiwan-based conglomerate of ...
Posted: January 20, 2014, 2:28 am

Conditional New Funding For Taiwan's Poor, Prisoners and People Without Morals

Chang Yung-Fa, founder of Taiwan’s Evergreen Group shipping and aviation empire personally gave his charity foundation most of the $435 million it had in 2013. Chang died in January at age 88, so his charity the Chang Yung-Fa Foundation will eventually ...
Posted: June 16, 2016, 7:04 pm

Chang Yung-fa, Taiwan's Evergreen Group Founder, Dies at 88

Chang Yung-fa, the billionaire founder of Evergreen Group who turned ... Chang has a fortune of at least $1 billion, according to the Bloomberg Billionaires Index. “The oceans and ships occupy very important places in my life,” Chang wrote in his ...
Posted: January 19, 2016, 4:00 pm
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