Chao Teng-Hsiung
- Chao is the founder and largest shareholder of Farglory Land, one of Taiwan’s largest real estate developers.
- He also controls Farglory FTZ Investment Holding, Farglory Life Insurance and Farglory Hotel.
- Son Frank took over as Farglory Land chairman in 2014 amid a corruption scandal involving Chao.
About Chao Teng-Hsiung
Taiwanese businessman Chao Teng-Hsiung has an estimated net worth of $1.43 billion as of April 2016 according to Forbes. This 69-year old, high profile entrepreneur, is currently married with two children. Prior to his success in the corporate world, Chao Teng-Hsiung grew up on a farm before he experienced his first entrepreneurial success.
Chao Teng-Hsiung is often seen appearing on the ads Farglory Land, which is considered as one of the largest real estate developers in Taiwan, where he currently serves as the Chairman. In addition to its residential property investments, Chao Teng-Hsiung’s real estate development firm is currently building the ‘Taipei Dome’ stadium which is found next to the City Hall. He is also known to own several real estates in mainland as well as in Shanghai.
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