$1 Billion | Rank #2578
Who is Yao Hsiao Tung
Today it is one of Singapore’s largest contract manufacturers of smart phones, tablet computers and consumer electronics with customers such as Apple.
In 2017, he acquired the stake of long-time partner Molex, owned by billionaire Charles Koch.
Despite pandemic headwinds, notably in its China business, the company reported a rise in revenue and net profit in 2020.
In April 2021, he delisted the company at a valuation of $1.2 billion, with the aim of securing greater flexibility in running the business. Coming from an average or middle class family, Yao Hsiao Tung is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 2578 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 82.0 years old. As of today, Yao Hsiao Tung’s net worth is approximately 1 Billion.
Facts about Yao Hsiao Tung
Net Worth: | 1 Billion |
Billionaire Rank: | 2578 |
Age: | 82.0 |
Date of Birth: | 01-01-40 |
Gender: | Male |
Currently Living in: | Singapore, nan, Singapore |
Birth Place: | Singapore |
Source of Wealth: | Manufacturing |
To find out what is Yao Hsiao Tung Net Worth, how he got there and what is Yao Hsiao Tung Salary Per Day, Career, Biography and Childhood details, continue reading below.
Background of Yao Hsiao Tung
Yao Hsiao Tung was born on 01-01-40 in Singapore. Yao was born in China but moved to Taiwan as a child; he’s now a Singaporean citizen. Being raised in the same country, Yao Hsiao Tung spent most of his time in nan in the city of Singapore.
Yao Hsiao Tung net worth is estimated at 1 Billion Billion to date.
Professional Journey
You will see him often in social media. Former DuPont executive Yao Hsiao Tung acquired Hi-P International as a small tool maker in 1983. 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. In his youth, he was adventurous but unknown, but that was years ago. Today it is one of Singapore’s largest contract manufacturers of smart phones, tablet computers and consumer electronics with customers such as Apple.
In 2017, he acquired the stake of long-time partner Molex, owned by billionaire Charles Koch.
Despite pandemic headwinds, notably in its China business, the company reported a rise in revenue and net profit in 2020.
In April 2021, he delisted the company at a valuation of $1.2 billion, with the aim of securing greater flexibility in running the business. 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. Former DuPont executive Yao Hsiao Tung acquired Hi-P International as a small tool maker in 1983.
It is to be noted that Yao Hsiao Tung is one of the selfmade billionaires in the world and stands at 2578 in most wealthy persons in the world.
FAQs
Here are a few most frequently asked questions about Yao Hsiao Tung:
How much is Yao Hsiao Tung worth?
Yao Hsiao Tung’s net worth is estimated to be 1 Billion.
How old is Yao Hsiao Tung?
Yao Hsiao Tung was born on 01-01-40, and is currently 82.0 years old.
What is Yao Hsiao Tung source of income?
Yao Hsiao Tung acquires most part of his wealth from Manufacturing.
Concluding Yao Hsiao Tung Net Worth
Currently with a net worth of 1 Billion, Yao Hsiao Tung stands at 2578 in the world billionaires list. And draws most of his wealth from Manufacturing. Hope you like this information about Yao Hsiao Tung. If you like this, then please share it with your friends. This above post is all about the estimated worth of Yao Hsiao Tung. 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 Yao Hsiao Tung. Actual worth may vary a little. You can always get information by checking out Leaktown.com.