Name
Tsai Eng-Meng
Tsai Eng-Meng
Shanghai, China
Taiwan
food, beverages
$5,900,000,000
272
#272 Billionaires 2019
#5 Taiwan's 50 Richest 2018
Tsai chairs Want Want China, one of the world's largest suppliers of Chinese-style snacks and drinks.He also invests in hotels, financial services and media, including China Times newspaper and China Television Co.At age 19 Tsai took over his father's food business and promptly came up with an idea for a new product: crackers made from rice flour.Sons Kevin and Wang-Chia, along with nephew Cheng Wen-Hsien, are members of Want Want's board of directors.
Want Want is pronounced Wang Wang and means prosperity and fortune.Tsai apparently wouldn't let his sons go to college, believing he was the best teacher.
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