C hao Teng-hsiung is a Taiwanese real estate and financial services tycoon, and the founder and chairman of Farglory Group. His story is one of a self-made entrepreneur who built a vast business empire from humble beginnings. He started his career in construction and founded Farglory in 1969, initially focusing on residential projects.
Over the decades, he grew Farglory into one of Taiwan's largest real estate developers, known for its large-scale residential communities and landmark commercial projects, including the Farglory Financial Center in Taipei. He also diversified the group's interests significantly, moving into financial services by founding Farglory Life Insurance, which has become a major player in the Taiwanese insurance market. His career has also been marked by legal troubles, including convictions for bribery and embezzlement, for which he has served time in prison.
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