Douglas Hsu Net Worth
| Category | Details |
|---|---|
| Net Worth | $1.2 billion (shared with family) |
| Salary | N/A |
| Birthdate | N/A |
| Birthplace | Taiwan |
| Gender | Male |
| Height | N/A |
| Profession | Businessman |
| Nationality | Taiwanese |
What is Douglas Hsu’s Net Worth?
Douglas Hsu, a Taiwanese businessman, holds a net worth of $1.2 billion, which he shares with his family. He currently chairs the Far Eastern Group, one of the largest conglomerates in Taiwan. Hsu’s entrepreneurial journey began with his father’s establishment of the Far East Knitting Factory in China in 1937. The company initially focused on producing “Skyscraper” underwear. In 1949, due to the political split between mainland China and Taiwan, the company relocated to Taiwan.
Highlights
- Douglas Hsu’s net worth is estimated to be $1.2 billion.
- He chairs the Far Eastern Group, a prominent Taiwanese conglomerate.
- Hsu’s father, Yu-Ziang Hsu, founded the Far East Knitting Factory in China in 1937.
- The company later moved to Taiwan following the political separation between mainland China and Taiwan.
- Hsu is an alumnus of Wenzhou Normal College and Notre Dame University.
- He is married and has three children.
- Hsu resides in Taipei, Taiwan.
Early Life
Douglas Hsu’s early life details, including his birthdate, are not publicly available. However, he was born in Taiwan, where he later established himself as a successful businessman.
Career
Douglas Hsu’s career revolves around the Far Eastern Group, an expansive conglomerate in Taiwan. The group is actively involved in various industries, including mobile operator Far EasTone, U-Ming Marine Transport, Everest Textile, Asia Cement, Oriental Union Chemical, Far East Department Store, and Far Eastern International Bank. Hsu played a pivotal role in the company’s significant expansion and growth.
Personal Life
Douglas Hsu is married and has three children. He currently resides in Taipei, Taiwan.
Net Worth Over Time
Douglas Hsu’s net worth has experienced significant growth over the course of his successful career. Starting with his father’s modest establishment of the Far East Knitting Factory, Hsu’s leadership and entrepreneurial skills have propelled the Far Eastern Group to become one of Taiwan’s largest conglomerates. As a result, his net worth has reached an impressive $1.2 billion, which he shares with his family.
Components of Net Worth
Douglas Hsu’s net worth primarily stems from his ownership and leadership position in the Far Eastern Group. The conglomerate encompasses numerous businesses, contributing to its substantial value. Additionally, he may own other investments or assets that further contribute to his overall net worth. However, specific details regarding the distribution of his wealth are not available.
All net worth figures are estimated based on publicly available information and may be subject to change. Despite efforts to ensure accuracy, these figures are only estimates and should be regarded as such. Feedback and corrections are always welcome to enhance the accuracy of the reported net worth.