Tsai Hong Tu Net Worth is
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Tsai Hong-tu (Chinese: e??a(R)?a??; born August 1, 1952) is a Taiwanese businessman and banker. He is a son of Tsai Wan-lin, the former richest person of Taiwan who died in 2004.
Tsai Hong-tu is the Chairman of the Board of Cathay Financial Holdings. Inherited stakes of the Company with brothers Tsai Cheng-da and Tsai T.Y. when father Tsai Wan-lin died in 2004. Family also controls Cathay Real Estate, a Taiwan property developer. In 2010's Forbes World's Billionaires List, Tsai was ranked no. 582 in the world, side by side with brothers Tsai Cheng-da and Tsai T.Y., each with individual net worth of 1.7 Billion US Dollar.
Cathay Financial Holding operates its businesses through banking business, which involves in deposit, loan, electronic financial services, credit card business, foreign exchange trading, trust and wealth management, financial trading and financial services, among others; life insurance business, which provides life insurance, injury insurance, health insurance, annuity insurance and investment insurance; property insurance business, which offers automobile insurance, fire insurance, flood insurance, engineering insurance and other insurances; security business, which involves in stock broking and underwriting, as well as capital investment business, which offers security distribution, investment and management consulting services.

Tsai Hong Tu Latest News

Wei family agrees to buy Taiwan’s biggest cable TV operator for US$2.4b

The family source said it planned to hold more than 50 per cent of the company and that businessmen who might be tapped to invest included Cathay Financial Holding chairman Tsai Hong-tu and Gou Tai-chiang, the chairman of electronics parts firm Cheng Uei ...
Posted: August 24, 2014, 11:42 pm

Tsai Wan-lin

Tsai Wan-lin, a financier and the wealthiest man in Taiwan ... one of the largest financial services firms in Taiwan. Mr. Tsai's son Hong-tu currently manages the holding company, parent of the Cathay Life Insurance Co. and several banking and construction ...
Posted: October 1, 2004, 5:00 pm

Billionaire Founder of Taiwan’s Fubon Group Tsai Has Died

He was ranked the world’s 154th-richest person with a net worth of $7.9 billion, according to Bloomberg Billionaires Index. Tsai, the youngest of four brothers, was born to a poor farming family in northern Taiwan in August 1929. Together with his two ...
Posted: October 5, 2014, 8:32 pm
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