Wang Yung-tsai
Encyclopedia
Wang Yung-tsai (traditional Chinese: 王永在; (January 24, 1921) is the 2nd little brother of Wang Yung-ching
(王永慶). Wang Yung-tsai's older brother Wang Yung-chung died of Tuberculosis
in 1944. Since he was little he has always took the role of little brother very seriously. He would do everything Wang Yung-tsai told him to do.
Wang Yung-tsai loves golf and every day he wakes up at 5am to play and for 30 years, regardless of weather, he would go to the golf course.
In 1993, Wang Yung-tsai was head of the Naphtha Cracker #6 project, which allowed Formosa Plastics Group
to generate revenue of two trillion New Taiwan dollar
. Wang Yung-tsai was later named the Naphtha Cracker #6 Head Engineer because of the tremendous amount of time and hard work he had put into the project.
In 2002, Wang Yung-ching went into retirement, leaving Wang Yung-tsai in control of Formosa Plastics Group.
In 2010, Wang Yung-tsai was named #10 wealthiest person in Taiwan by Forbes.
For the 60 years since Formosa Plastics Group
's formation he has never become the chairman. Wang Yung-tsai has never gone over his brother, this kind of brotherly bond shows what drives the Formosa Plastics Group
.
Wang Yung-ching
Wang Yung-ching 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...
(王永慶). Wang Yung-tsai's older brother Wang Yung-chung died of Tuberculosis
Tuberculosis
Tuberculosis, MTB, or TB is a common, and in many cases lethal, infectious disease caused by various strains of mycobacteria, usually Mycobacterium tuberculosis. Tuberculosis usually attacks the lungs but can also affect other parts of the body...
in 1944. Since he was little he has always took the role of little brother very seriously. He would do everything Wang Yung-tsai told him to do.
Wang Yung-tsai loves golf and every day he wakes up at 5am to play and for 30 years, regardless of weather, he would go to the golf course.
In 1993, Wang Yung-tsai was head of the Naphtha Cracker #6 project, which allowed Formosa Plastics Group
Formosa Plastics Group
Formosa Plastics Group is a Taiwanese conglomerate of diverse interests, including biotechnology, petrochemical processing and production of electronics components...
to generate revenue of two trillion New Taiwan dollar
New Taiwan dollar
The New Taiwan dollar , or simply Taiwan dollar, is the official currency of the Taiwan Area of the Republic of China since 1949, when it replaced the Old Taiwan dollar...
. Wang Yung-tsai was later named the Naphtha Cracker #6 Head Engineer because of the tremendous amount of time and hard work he had put into the project.
In 2002, Wang Yung-ching went into retirement, leaving Wang Yung-tsai in control of Formosa Plastics Group.
In 2010, Wang Yung-tsai was named #10 wealthiest person in Taiwan by Forbes.
Family
Wang Yung-tsai has two wives, three sons, and five daughters. All three of his sons work within the Formosa Plastics Group.The Number 2 Philosophy
His brother's license plate is 0001 while his is 0002.For the 60 years since Formosa Plastics Group
Formosa Plastics Group
Formosa Plastics Group is a Taiwanese conglomerate of diverse interests, including biotechnology, petrochemical processing and production of electronics components...
's formation he has never become the chairman. Wang Yung-tsai has never gone over his brother, this kind of brotherly bond shows what drives the Formosa Plastics Group
Formosa Plastics Group
Formosa Plastics Group is a Taiwanese conglomerate of diverse interests, including biotechnology, petrochemical processing and production of electronics components...
.