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Chao Teng-hsiung

Chao Teng-hsiung

C. Teng-hsiung
-0.24% | - $-6.59M
$2.79 B ₹ 25,354 Cr
Real Time Net Worth #1479 Ranking as of 21 Feb 2026 By Forbes

More on Chao Teng-hsiung

Gender

Male

Age

82Y

Country

Taiwan

Born On

January, 1944

Deceased

No

Relationship Status

Married

Children

2

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Real Estate)

Primary Organization

Farglory Group

Titles

Founder & Chairman

Sources of Wealth

Farglory Group

Industry

Real Estate, Finance, Insurance, Construction

About Chao Teng-hsiung


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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Quick Reads


  • Founder and chairman of the Taiwanese conglomerate Farglory Group.
  • A self-made billionaire who started his career in construction.
  • Farglory is a major real estate developer and also owns a large life insurance company.
  • Has been a controversial figure, having been imprisoned for bribery.
  • His sons are now involved in running the family's businesses.

Early Life and Background


Chao Teng-Hsiung is a Taiwanese businessman and the founder and Chairman of Farglory Group, a massive conglomerate renowned as Taiwan's largest real estate developer. Born into poverty on the western coast of Taiwan in 1944, his early life instilled in him a fierce determination and an immediate entrepreneurial spirit.

Chao started his own business with a small loan, driven by the core philosophy of always 'Attending to the Customer's needs.' His career path was defined by his focus on large-scale property development, recognizing the immense opportunity in Taiwan's rapid urbanization. This hands-on, customer-centric approach became central to Farglory's culture, enabling him to successfully navigate the high-stakes world of real estate and construction.

Career Journey of Chao Teng-hsiung


Chao Teng-Hsiung founded the Farglory Group in 1969. His strategic genius was not in building single units, but in pioneering the concept of mega townships and high-tech industrial park developments. He understood that true value lay in creating integrated, mixed-use communities rather than just structures.

Under his leadership, Farglory earned a reputation for ambitious, high-quality international projects, completing over 600 projects that comprise over 200 million square feet. The Group rapidly diversified beyond real estate into essential service sectors, including construction, insurance, finance, air cargo logistics, and healthcare. In recent years, he has focused on the concept of the Next Generation Home, integrating intelligent features and green technologies into major township developments. This massive scale and diversification cemented his status as a construction billionaire and one of Taiwan's most influential industrial figures.

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Chao Teng-hsiung's Timeline


1944:

Born in poverty on the western coast of Taiwan (Early Life).

1969:

Founds the Farglory Group (Founding).

Ongoing:

The Group successfully executes over 600 projects comprising 200 million square feet (Growth Milestone).

Ongoing:

Diversifies the business into insurance, finance, and air cargo logistics (Strategic Diversification).

Ongoing:

Pioneers the Next Generation Home concept with intelligent and green features (Innovation Focus).

Ongoing:

Continues as Chairman of Farglory Group (Executive Leadership).

Major Business Ventures and Investments


Chao Teng-Hsiung's wealth is rooted in his founding and continued leadership of the private, diversified real estate and industrial conglomerate, Farglory Group.

  • Farglory Group (Founder & Chairman): The core asset, Taiwan's largest real estate conglomerate, specializing in mega townships, high-tech industrial parks, and mixed-use commercial centers.
  • Diversification: The Group controls subsidiaries in insurance, finance, air cargo logistics, recreation, and healthcare, providing stable revenue streams outside of property sales.
  • Next Generation Home Concept: A strategic investment in intelligent features and green technologies for future developments.
  • Overseas Investments: The company maintains active investments and projects in various overseas markets.

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Philanthropy and Social Impact


Chao Teng-Hsiung's social impact is massive and structural, stemming from Farglory's role in physically shaping Taiwan's urban landscape and commercial infrastructure. His projects create thousands of jobs and provide housing and commercial space for millions.

His personal philosophy, Attending to the Customer's needs, guides his commitment to quality craftsmanship and modern, sustainability-minded design. His philanthropic work, often executed through the company's charity arm, focuses on community support and various overseas investments, reflecting his dedication to global well-being.

Fashion, Style, and Lifestyle


Chao Teng-Hsiung maintains the professional, traditional style of a powerful Taiwanese industrial patriarch. His attire is consistently formal and high-quality, favoring tailored business suits and a composed aesthetic. His style reflects the stability and institutional credibility of his massive conglomerate.

His luxury is the immense security and financial power derived from controlling Taiwan's largest real estate empire. His life is defined by his commitment to his humble roots and his relentless focus on ambitious, large-scale development that transforms urban landscapes.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He was born into poverty and started his own business with a small loan.
  • He is known as the 'king of mega townships' in Taiwan.
  • His company, Farglory Group, has completed over 600 projects.
  • The Group's business interests include insurance, finance, and air cargo logistics.
  • He pioneered the concept of the 'Next Generation Home', incorporating smart and green technologies.
  • The core philosophy of Farglory is always 'Attending to the Customer's needs.'
  • The conglomerate is Taiwan's largest real estate developer.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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