$2 Billion         |         Rank #1292

Who is Chao Teng-hsiung

Farglory Land is the flagship unit of Farglory Group, whose interests include financial and retail services, air-cargo logistics and hospitality.
Chao also controls Farglory FTZ Investment Holding, Farglory Life Insurance and Farglory Hotel.
Eldest son Wen-Chia, also known as Frank, took over as Farglory Land chairman in 2014 amid a corruption scandal involving Chao.
In 2017 a Taipei court issued a detention order for Chao in connection with his alleged role in bribery and embezzlement. Coming from an average or middle class family, Chao Teng-hsiung is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 1292 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 77.0 years old. As of today, Chao Teng-hsiung’s net worth is approximately 2 Billion.

Facts about Chao Teng-hsiung

To find out what is Chao Teng-hsiung Net Worth, how he got there and what is Chao Teng-hsiung Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of Chao Teng-hsiung

Chao Teng-hsiung was born on 04-10-44 in Taiwan. Over time he bought property and developed his own projects, starting out with buildings that combined factories and offices. Born into poverty in western Taiwan, Chao moved to Taipei in 1966 and did odd jobs. He saved money to supply cement to construction firms. Being raised in the same country, Chao Teng-hsiung spent most of his time in nan in the city of Taipei.

Chao Teng-hsiung net worth is estimated at 2 Billion Billion to date.

Professional Journey

You will see him often in social media.  Chao started Farglory Land, one of Taiwan’s largest real estate developers, in 1978 and is still the largest shareholder. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. Over time he bought property and developed his own projects, starting out with buildings that combined factories and offices. In his youth, he was adventurous but unknown, but that was years ago. Farglory Land is the flagship unit of Farglory Group, whose interests include financial and retail services, air-cargo logistics and hospitality.
Chao also controls Farglory FTZ Investment Holding, Farglory Life Insurance and Farglory Hotel.
Eldest son Wen-Chia, also known as Frank, took over as Farglory Land chairman in 2014 amid a corruption scandal involving Chao.
In 2017 a Taipei court issued a detention order for Chao in connection with his alleged role in bribery and embezzlement. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Chao started Farglory Land, one of Taiwan’s largest real estate developers, in 1978 and is still the largest shareholder.
It is to be noted that Chao Teng-hsiung is one of the selfmade billionaires in the world and stands at 1292 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Chao Teng-hsiung:

How much is Chao Teng-hsiung worth?

Chao Teng-hsiung’s net worth is estimated to be 2 Billion.

How old is Chao Teng-hsiung?

Chao Teng-hsiung was born on 04-10-44, and is currently 77.0 years old.

What is Chao Teng-hsiung source of income?

Chao Teng-hsiung acquires most part of his wealth from real estate.
 

Concluding Chao Teng-hsiung Net Worth

Currently with a net worth of 2 Billion, Chao Teng-hsiung stands at 1292 in the world billionaires list. And draws most of his wealth from real estate. Hope you like this information about Chao Teng-hsiung. If you like this, then please share it with your friends. This above post is all about the estimated worth of Chao Teng-hsiung. Do you have any queries? Feel free to ask via comment section.

Disclaimer: Please keep in mind that this is an estimated net worth of Chao Teng-hsiung. Actual worth may vary a little. You can always get information by checking out Leaktown.com.