|Born||May 1946 (age 73)|
|Residence||Fuqing, Fujian, China|
|Other names||Cho Tak Wong|
|Occupation||Chairman of Fuyao Group|
|Net worth||US$2.4 billion (July 2017)|
Cao Dewang (Chinese: 曹德旺; born May 1946), also known as Cho Tak Wong or Tak Wong Cho, is a Chinese entrepreneur and philanthropist. He is the chairman of Fuyao Group, one of the largest glass manufacturers in the world. He is also a member of the Chinese People's Consultative Conference from Fujian, and chairman of both the China Automobile Glass Association and the Fujian Golf Players' Association.
In 1983, while working as a sales manager in a glass factory which produced glass for water meters, Cao saved enough money to buy out the factory. In 1985 he saw Japanese automakers bringing their manufacturing to China, and as a result, Cao directed his factory to begin producing automotive glass. In 1987, he established the Fuyao Group and in 1993 listed the company on the securities exchange.[which?]
His brother, Cao Degan, was the vice governor of Fujian province from 1999 to 2003.
Cao is one of China's biggest philanthropists. He cites Andrew Carnegie, an American industrialist and philanthropist, as one of the main inspirations behind his charity work. He established the Heren Foundation, to which he has donated 300 million shares of his company. In 2012, he donated US$580 million to charity. He is quoted as saying that the more money he gives away, the less need he has for the money. He would rather share with others and educate children.
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