Billionaire Profile
Tsao Ter-fung
Global Rank
#2779

Image: Robert Morrison | Public domain | via Wikimedia Commons

Tsao Ter-fung

CEO, Food
TAIWAN
Real-Time Net Worth
$1.276B
Estimated based on Food stock value as of March 6, 2026
+0.07% (24h)
Age
79
Source
Food
Industry
Food & Beverage
Citizenship
TAIWAN

Biography

Tsao Ter-fung, a prominent figure in the food and beverage industry, is the Chairman of Standard Foods Corporation. Born in 1946, his career began with Quaker Oats, where he later headed their Taiwan operations. In 1986, he purchased Quaker's Taiwan assets, establishing his own venture. His net worth, as of early 2025, is estimated at $1.3 Billion, placing him among Taiwan's wealthiest individuals. His wealth stems primarily from the food industry. Tsao holds a Ph.D. in Food and Chemical Engineering. His son Arthur Tsao took over as CEO in 2019.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Tsao Ter-fung, a native of Taiwan, embarked on his career after gaining experience in the United States, particularly at Quaker Oats. He honed his skills and expertise in the food industry, laying the groundwork for his future entrepreneurial endeavors.

Rise to Success

In 1981, Tsao became the head of Quaker's Taiwan operations. His entrepreneurial spirit flourished during this time. The pivotal moment arrived in 1986 when he made the strategic decision to acquire Quaker's Taiwan assets, thereby founding his own company in the food and beverage sector.

Key Business Strategies

Standard Foods quickly gained recognition due to Tsao's unwavering commitment to quality and innovation. Under his leadership, the company broadened its product portfolio, introducing innovative offerings that resonated with consumers globally. Tsao's approach included leveraging his Ph.D. in Food and Chemical Engineering to steer his company towards success. He focused on operational efficiency, organizational agility, and value chain resilience, introducing a diverse range of high-quality products to meet the nutritional needs of families worldwide.

Philanthropy

While specific figures are unavailable in the search results, Tsao's leadership at Standard Foods reflects a commitment to balancing financial success with contributions to the environment and society. His company's 2023 annual report mentions efforts in environmental sustainability.

Career Milestones

1981

Head of Quaker's Taiwan Operations

Became the head of Quaker Oats' operations in Taiwan

1986

Founded Standard Foods

Purchased Quaker's Taiwan assets and established Standard Foods Corporation

2019

Arthur Tsao becomes CEO

Tsao Ter-fung's son, Arthur Tsao, took over the reins as CEO of Standard Foods

Philanthropy & Social Impact

Environmental

Environmental Sustainability

Undisclosed

Standard Foods is committed to environmental sustainability, complying with environmental regulations and engaging in energy conservation and carbon reduction