How to Pronounce Wang Yung-tsai
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Jan 24, 1921 Taihoku Prefecture Died on 27 Nov 2014 (aged 93)
Taiwanese businessman
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Wang Yung Tsai, Date of Birth, Place of Birth, Family, Facts, Age, Net Worth, Biography and More in FamedBorn.com
About Wang Yung Tsai
- Wang Yung-tsai (Chinese: ???; pinyin: Wáng Yongzài; 24 January 1921 – 27 November 2014) was the younger brother of Wang Yung-ching, founder of Formosa Plastics Group.
- He was born in Chyokutan, Shinden Town, Bunsan District, Taihoku Prefecture, Japanese Taiwan (modern-day Xindian District, New Taipei).Wang began his business career by founding a lumber company in 1948, which he closed ten years later to help run Formosa Plastics.In 1993, Wang was named director of Formosa Plastics' naphtha cracker, the sixth processing plant of its kind in Taiwan.
- In 2002, Wang Yung-ching went into retirement, leaving Wang Yung-tsai in control of Formosa Plastics.
- Both officially retired as chairmen in 2006, handing the conglomerate over to their children.In 2010, Wang Yung-tsai was named #10 wealthiest person in Taiwan by Forbes.
- By 2014, Wang had dropped two spots to #12.
