Liao Long-Shing
REAL TIME NET WORTH — as of 5/4/17
$2 B
- Liao inherited his stake in Chang Chun Group from his late father, M.K. Liao, one of three founders.
- Chang Chun Group is now one of Asia’s largest petrochemical companies with plants in Taiwan, mainland China, Malaysia, Indonesia and Singapore.
- The name “Chang Chun” in Chinese loosely means “long spring,” and reflects the wish among the three that their bonds would endure.
Liao Long-Shing Net Worth: Liao Long-Shing is a Taiwanese businessman who has a net worth of $1.9 billion. The son of one of the founders of the Taiwan petrochemicals maker Chang Chun Group, Liao Long-Shing inherited his father’s part in the group. His late father M.K. Liao set up the group along with Suhon Lin and Tseng Shin-yi, each holding an equal part of what today has become a major plastics and petrochemicals manufacturer with interests in other companies based in Taiwan and the mainland. Some of the notable international partners of the company include Bayer and Mitsubishi Gas Chemical. Aside from contributing to the growth of the business established by his father, Liao Long-Shing is a married man and a father of two.
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