Wang Yung-Tsai Net Worth is$2,900 $Million
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Wang Yung-tsai (also known as YT Wang) (traditional Chinese: c??ae?,a??; (January 24, 1921) is the 2nd little brother of Wang Yung-ching (c??ae?,ae??). Wang Yung-tsai's older brother Wang Yung-chung died of Tuberculosis in 1944. Since he was little he has always took the role of little brother very seriously. He would do everything Wang Yung-tsai told him to do.
Wang Yung-tsai loves golf and every day he wakes up at 5am to play and for 30 years, regardless of weather, he would go to the golf course.
In 1993, Wang Yung-tsai was head of the Naphtha Cracker #6 project, which allowed Formosa Plastics Group to generate revenue of two trillion New Taiwan dollar. Wang Yung-tsai was later named the Naphtha Cracker #6 Head Engineer because of the tremendous amount of time and hard work he had put into the project.
In 2002, Wang Yung-ching went into retirement, leaving Wang Yung-tsai in control of Formosa Plastics Group.
In 2010, Wang Yung-tsai was named #10 wealthiest person in Taiwan by Forbes.
Wang Yung-tsai has two wives, three sons, and five daughters. All three of his sons work within the Formosa Plastics Group.
His brother's license plate is 0001 while his is 0002.
For the 60 years since Formosa Plastics Group's formation he has never become the chairman. Wang Yung-tsai has never gone over his brother, this kind of brotherly bond shows what drives the Formosa Plastics Group.

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Wang Yung-Tsai Latest News

Obituary: Formosa Plastics co-founder Yung-Tsai Wang

Formosa Plastics Group’s co-founder, Yung-Tsai Wang died at his home in Taiwan on Nov. 27. Wang, born in 1921 in Taipei’s Xindian district, formed the company 60 years ago with his older brother, former company Chairman Yung-Ching Wang. Y.C. died in 2008.
Posted: December 9, 2014, 6:14 am

Formosa Group co-founder dies aged 93 (update)

Taipei, Nov. 27 (CNA) One of the co-founders of Formosa Plastics Group (FPG), Wang Yung-tsai, died Thursday "of old age" at the age of 93, according to an announcement from the company. Wang, also known as Y.T. Wang, and his elder brother Wang Yung-ching ...
Posted: November 27, 2014, 11:06 pm

Formosa Plastics Group: The beast Apple should have never awoken

The wife of VIA Technologies’ CEO is Ms. Cher Wang, Chairperson and Co-Founder of HTC. In 1997, at the age of 39, Wang launched HTC along with associates HT Cho and Peter Chou. Wang is the daughter of Y.C. Wang, who co-founded the conglomerate Formosa ...
Posted: September 25, 2011, 5:00 pm
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