Rank #648
Tsai Eng-meng
Net worth $6.4B
Food, beverages · Taiwan
- Born
- Jan 15, 1957
- Age
- 69
- Source
- Food, beverages
- Residence
- Shanghai
- Citizenship
- Taiwan
- Marital status
- Married
- Children
- 0
- Education
Net worth over time
Biography
- Tsai Eng-meng is the chairman of Want Want China, one of the world's largest suppliers of Chinese-style snacks and drinks.
- He also invests in hotels, financial services and media, including China Times newspaper and China Television Co.
- At age 19, Tsai joined his father's food business and later came up with an idea for a new product: crackers made from rice flour. He took over the company as president in 1987.
- Sons Kevin and Matthew, along with nephew Cheng Wen-Hsien, are members of Want Want's board of directors.
- Want Want is pronounced Wang Wang and means prosperity and fortune.
- Tsai apparently wouldn't let his sons go to college, believing he was the best teacher.
Financial assets
| Exchange | Ticker | Shares | Price |
|---|