Billionaire Profile
Tsao Ter-fung
Global Rank
#2806

Image: Public domain | via Wikimedia Commons

Tsao Ter-fung

CEO, Standard Foods Corporation
TW
Real-Time Net Worth
$1.3B
As of December 2025
Age
78
Source
Food
Industry
food-beverage
Citizenship
TW

Biography

Tsao Ter-fung, a prominent figure in the food and beverage industry, is the chairman of Standard Foods Corporation. With an estimated net worth of $1.2 billion, his wealth stems from his successful ventures in the food sector. Tsao, 78, is a self-made entrepreneur who transformed the food landscape through innovation and strategic acquisitions. His career began at Quaker Oats and he later acquired Quaker's Taiwan assets in 1986, establishing his own business. Tsao holds advanced degrees in food and chemical engineering, which have contributed to his business acumen and leadership. His career and achievements have solidified his position as a leader in the food industry.

Wealth Over Time

In-Depth Profile

Early Life

Tsao Ter-fung's journey began with a foundation in the culinary world. He honed his skills and expertise in the United States, working at Quaker Oats. His dedication and talent caught the attention of his superiors, leading to his appointment as the head of Quaker's Taiwan operations in 1981.

Rise to Success

In 1986, Tsao made a pivotal decision that changed his career. He purchased Quaker's Taiwan assets, which laid the foundation for his own venture. Standard Foods quickly emerged as a trailblazer in the industry due to his commitment to quality and innovation. Under his leadership, the company expanded its product portfolio and introduced groundbreaking offerings that resonated with consumers.

Key Business Strategies

Tsao's leadership propelled Standard Foods to greater heights by pushing boundaries and exploring new avenues. This solidified the company's position as a leader in the competitive food and beverage market. His business strategies focused on quality, innovation, and strategic acquisitions.

Philanthropy

While specific amounts are not readily available in the search results, Tsao Ter-fung has demonstrated a commitment to philanthropy through the Tsao Foundation, which supports initiatives for successful aging. The Tsao Foundation has been working to address concerns related to the well-being of older people in an inclusive society. The Foundation's work includes community-based eldercare, training and education, community development, and policy-relevant research, collaboration, and advocacy.

Career Milestones

1981

Head of Quaker's Taiwan operations

Tsao was appointed the head of Quaker's Taiwan operations.

1986

Founded Standard Foods

Tsao purchased Quaker's Taiwan assets and set up his own business, Standard Foods.

2019

Arthur Tsao became CEO

Tsao's son, Arthur Tsao, took over as CEO of Standard Foods.

Philanthropy & Social Impact

Elderly Care

Tsao Foundation

Undisclosed

The Tsao Foundation supports initiatives for successful aging, with a focus on community-based eldercare and related programs.