T.Y. Tsai

Tsai's father, Tsai Wan-lin, built Cathay Life Insurance into a powerhouse and was Taiwan's richest person at the time of his 2004 death.Tsai struck out on his own in 2010, selling his shares in Cathay Financial Holding, Cathay Life's successor, to his brothers.These days Tsai makes real estate investments through Homax Equity.He has a collection of cars and art, including at least one Monet.Cousins Daniel and Richard and brothers Hong-tu and Cheng-ta are all billionaires.