Wang Yung-ching
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- This is a Chinese name; the family name is 王 (Wang).
Wang Yung-ching (also known as YC Wang) (traditional Chinese: 王永慶; simplified Chinese: 王永庆; pinyin: Wáng Yǒngqìng) (18 January 1917 – 15 October 2008) was an influential entrepreneur who founded a large business empire in Taiwan. According to the 2008 Forbes survey, he was the 178th richest person in the world with an estimated net worth of US$5.5 billion.[1] He was born in Hsintien township, Taiwan. Despite lacking any formal schooling beyond elementary school, he is currently ranked 2nd in the Forbes list of Taiwan's Richest.[2]
Wang served as the chairman of the board of Formosa Plastics Corporation, one of the largest plastic manufacturers in the world, until June 2006, when he stepped down at the age of 89.[3] He remained chairman of the boards of Nan Ya Plastics Corporation, Formosa Chemistry & Fibre Corporation, and Cyma Plywood & Lumber Co. Ltd, but indicated his intention to gradually resign from these positions as well before his death. He was chairman of Ming-chi Institute of Technology, Chang Gung Memorial Hospital, and Chang Gung University. He had been a vocal supporter of the Three Links between Taiwan and China.
He was married to Guo Yueh-lan and had 2 sons and 8 daughters. His eldest son from his second marriage with Liao Chiao, Winston Wang, founded Grace Semiconductor Manufacturing with Jiang Mianheng, the son of former People's Republic of China president Jiang Zemin in 2000. A daughter from his second marriage, Charlene Wang founded Taiwan-based First International Computer, Inc. Another daughter from his second marriage, Cher Wang, founded High Tech Computer (HTC) and also Via Technologies. Cher Wang has come the closest among her siblings to rivaling her father's own wealth.[4].
He died in his sleep at age 91 on October 15, 2008 in Livingston, New Jersey.[5]
[edit] See also
[edit] References
- ^ Luisa, Kroll (2008-05-08). "The World's Billionaires". Forbes. http://www.forbes.com/lists/2008/10/billionaires08_YC-Wang-family_0MRL.html. Retrieved on 2008-06-08.
- ^ Flannery, Russell (2008-06-04). "Taiwan's Richest". Forbes. http://www.forbes.com/lists/2008/87/biz_taiwanrichest08_YC-Wang_0MRL.html. Retrieved on 2008-06-08.
- ^ Sun, Yu-huay (2006-06-06). "Formosa Plastics Corp. chairman Wang steps down from company". China Post. http://www.chinapost.com.tw/business/detail.asp?ID=83584&GRP=E. Retrieved on 2006-10-11.
- ^ Russell Flannery, Cher Dividend, Forbes, http://members.forbes.com/global/2006/0109/045A.html
- ^ "UPDATE 1-Taiwan's 3rd richest man, petrochem giant, dies". Reuters. http://www.reuters.com/article/rbssEnergyNews/idUSTP27650920081016. Retrieved on 2008-10-16.
[edit] Further reading
- Yang, Alice (2008-10-23). "Wang Yung-ching: A Life Ends, the Legend Lives On". CommonWealth Magazine. http://english.cw.com.tw/article.do?action=show&id=10545. Retrieved on 2008-12-09.
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