Portrait of Terry Gou

Rank #180

Terry Gou

Net worth $16.2B

Electronics · Taiwan

Born
Oct 18, 1950
Age
75
Source
Electronics
Residence
Taipei
Citizenship
Taiwan
Marital status
Widowed, Remarried
Children
5
Education
Taipei University of Marine Technology

Net worth over time

Biography

  • Terry Gou is the founder of Hon Hai Precision, the world's largest electronics contract manufacturer with over 40% market share, whose top customers include Apple.
  • He stepped down as the firm's chairman in 2019, after 45 years at the helm; he remains at the firm as a director.
  • Better known by its trade name, Foxconn, Hon Hai employs 900,000 people during peak season.
  • The company bought Japanese electronics maker Sharp and Nokia's mobile phone brand in 2016.
  • In 2019, he withdrew his bid to run for the 2020 presidential election, a few months after announcing his intention. Four years later he entered and withdrew from the race for a second time.
  • Gou founded the business in 1974 with $7,500 and a belief that electronics products "would be an integral part of everyday life."
  • Gou met with then-President Donald Trump in 2017 to discuss investing in the U.S., and Trump attended the ground-breaking for a factory in Wisconsin in 2018.

Financial assets

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