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Billionaire Profile
Richard Tsai
Global Rank
#474

Image: Public domain | via Wikimedia Commons

Richard Tsai

CEO, Fubon Financial Holding
TW
Real-Time Net Worth
$13.9B
As of December 2025
Age
68
Source
Finance
Industry
finance-investments
Citizenship
TW

Biography

Richard Tsai, a prominent figure in the finance industry, is a Taiwanese billionaire and the co-leader of Fubon Financial Holding. Born in 1957 or 1958, he has an estimated net worth of $7.4 billion, placing him among the wealthiest individuals globally. His wealth stems from his successful career in finance and investments. Tsai, along with his brother Daniel, transformed Fubon Financial Holding into a leading financial institution with interests in banking, insurance, and securities. He holds a Master of Business Administration from the Leonard N. Stern School of Business and has received numerous awards for his contributions, including the Presidential Medal from New York University. Tsai resides in Taipei, Taiwan, is married, and has two children.

Wealth Over Time

In-Depth Profile

Early Life

Richard Tsai was born in Taipei, Taiwan in 1957 or 1958, into a prominent family. His father, Tsai Wan-tsai, founded Fubon Financial Holding, laying the foundation for Richard's future in finance. He grew up in a privileged environment with his brother Daniel and received an excellent education.

Rise to Success

Tsai, along with his brother Daniel, leads Fubon Financial Holding. Under their leadership, Fubon transformed from a smaller property and casualty insurance company into a comprehensive financial institution. Fubon Financial Holding, established on December 19, 2001, includes key subsidiaries such as Fubon Asset Management, Fubon Insurance Co. Ltd., Fubon Securities, and Fubon Bank. The brothers have made significant investments in various companies, including Taiwan Mobile and Momo, a TV-shopping and e-commerce business, and hold a stake in Diamond Biofund.

Key Business Strategies

Richard Tsai has been instrumental in the growth and success of Fubon Financial Holding. He led the company through major acquisitions and expansions, transforming it into a global financial powerhouse. His strategic vision and leadership have been key to Fubon's consistent performance and market dominance.

Philanthropy

Richard Tsai is actively involved in charitable activities and social services. He initiated various social welfare projects such as Fubon Guardians, Fubon Braves, and Fubon Art Museum. Tsai's commitment to philanthropy is widely recognized, and he has been awarded for his contributions to the community.

Career Milestones

1981

Lending Officer

Began career at Bankers Trust New York Headquarters.

1984

Joined Fubon Financial

Began managing different areas of financial services

2004-Present

Chairman, Fubon Financial Holding Co., Ltd.

Co-runs Fubon Financial Holding with his brother Daniel.

2003-Present

Chairman, Taiwan Mobile Co., Ltd.

Led the company to become a leading mobile service provider in Taiwan.

2011

Asia Innovator of the Year Award

Awarded by CNBC ABLA

2016

Top 50 CEOs in Taiwan

Recognized by Harvard Business Review

Philanthropy & Social Impact

Social Welfare

Fubon Guardians

Undisclosed

Social welfare project.

Social Welfare

Fubon Braves

Undisclosed

Social welfare project.

Arts & Culture

Fubon Art Museum

Undisclosed

Social welfare project.