Portrait of Shirley Kao

Rank #2732

Shirley Kao

Net worth $1.4B

Food & beverage retailing · Taiwan

Born
Sep 02, 1956
Age
69
Source
Food & beverage retailing
Residence
Tainan
Citizenship
Taiwan
Marital status
Married
Children
3
Education
Bachelor of Arts/Science, Marymount California University

Net worth over time

Biography

  • Shirley Kao owns stakes in Uni-President Enterprises, the food and beverage conglomerate cofounded by her father, Kao Chin-Yen, in 1967.
  • She was the sole inheritor of her father's fortune after he died in 2016.
  • She has been a board member at Uni-President since 2013 and heads the group's health and beauty-related subsidiaries.
  • Her husband, Alex Lo, was promoted to CEO of the group in 2007 and doubled as its chairman after his father-in-law retired in 2013.
  • Before Lo turned 60 and stepped down from the CEO post in 2016, he had more than doubled the company's market cap to over $10 billion. He continues to lead the group as chairman.
  • Kao and her husband, Alex Lo, were high school sweethearts, but had a second chance at love only after her first marriage failed.
  • By that time her father was no longer opposed to her marrying a mainland Chinese descendant.

Financial assets

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