Billionaire Profile
Tsao Ter-fung
Global Rank
#2952

Image: Robert Morrison | Public domain | via Wikimedia Commons

Tsao Ter-fung

CEO, Food
TAIWAN
Real-Time Net Worth
$1.285B
Estimated based on Food stock value as of April 21, 2026
-0.53% (24h)
Age
79
Source
Food
Industry
Food & Beverage
Citizenship
TAIWAN

Biography

Tsao Ter-fung, a prominent figure in the food and beverage industry, is currently ranked among the world's billionaires. His wealth primarily stems from his involvement in the food sector. Tsao is the chairman of Standard Foods Corporation. His career, which began in the United States at Quaker Oats Company, transitioned to leadership roles in Taiwan before he established his own business. Tsao's current net worth is estimated at $1.3 billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/21/2026

Wealth Over Time

In-Depth Profile

Early Life

Tsao Ter-fung's journey began with a strong educational foundation. He earned a B.S. in Civil Engineering from Cheng Kung University in Taiwan. He furthered his education in the United States, obtaining an M.S. in Sanitary Engineering and a Ph.D. in Food and Chemical Engineering from Colorado State University.

Rise to Success

Tsao's professional career took root at Quaker Oats Company, where he held various positions in the United States and later became the head of its Taiwan operations in 1981. In 1986, he demonstrated entrepreneurial spirit by acquiring Quaker's Taiwan assets, marking the inception of his own business venture. He is the chairman of Standard Foods Corporation, a packaged food company.

Key Business Strategies

Tsao's business strategy involved purchasing Quaker's Taiwan assets in 1986 and establishing his own business.

Philanthropy

Specific information about Tsao Ter-fung's philanthropy is unavailable in the search results.

Career Milestones

1981

Head of Quaker Oats' Taiwan Operations

Became head of Quaker Oats' Taiwan operations.

1986

Founder of Standard Foods Corporation

Bought Quaker's Taiwan assets and set up his own business.

1999

Director at Sina

Served as a director since March 1999.

2019

Son, Arthur Tsao, becomes CEO

His son Arthur Tsao took over the reins as CEO in 2019.