C ho Tak Wong is a Hong Kong-based property investor and developer who has built a substantial fortune through his privately held company, Wong's International. He has a long and successful career in the real estate markets of Hong Kong and beyond, known for his savvy investments in both commercial and residential properties.
He has been involved in a wide range of development projects and holds a significant portfolio of income-generating properties. Like many Hong Kong property tycoons, his success is built on his ability to navigate the city's notoriously competitive and high-stakes real estate market. He maintains a low public profile, managing his extensive property empire discreetly.
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Cho Tak Wong (known in China as Cao Dewang) is a Chinese entrepreneur, the founder and Chairman of Fuyao Glass Industry Group (SSE: 600660), a global leader in automotive glass. Born in Fuqing, Fujian, in 1946, Cho came from a wealthy family, but his life was dramatically altered during the Cultural Revolution when his family's assets were confiscated, forcing him to work in a glass factory as a teenager.
His career in the glass industry began humbly as a sales manager in a factory. However, this hands-on experience instilled in him a deep understanding of manufacturing processes and market demand. This knowledge, combined with his dedication to the principles of Buddhism, guided his ambition to build a world-class manufacturing enterprise.
Cho Tak Wong's entrepreneurial journey began in 1983 when he executed a brilliant strategic move: he bought out the glass factory where he worked and immediately shifted its focus to automotive glass. This decision was inspired by observing the presence of Japanese automakers in China and recognizing the massive, structural demand for domestic, high-quality auto glass.
In 1987, he established the Fuyao Group. Under his leadership, Fuyao grew into one of the largest glass manufacturers globally, executing its IPO on the Shanghai Stock Exchange in 1993. His relentless focus on quality and efficiency earned him international recognition, including being named Ernst & Young World Entrepreneur Of The Year in 2009. Fuyao expanded aggressively overseas, notably establishing a massive factory in the United States, a venture highlighted in the documentary 'American Factory'. His legacy is one of successful globalization and extraordinary large-scale philanthropy.
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Buys out the glass factory where he worked and shifts focus to automotive glass (Entrepreneurial Founding).
Establishes the Fuyao Group (Corporate Founding).
Fuyao Group is listed on the Shanghai Stock Exchange (Financial Milestone).
His son, Cao Hui, takes over as CEO (Generational Transition).
Named Ernst & Young World Entrepreneur Of The Year (Global Recognition).
Featured in the documentary 'American Factory' about Fuyao's US expansion (Cultural Note).
Continues as Chairman of Fuyao Group and a major philanthropist (Executive Leadership).
Cho Tak Wong's wealth is rooted in his founding equity and continued executive leadership of the publicly listed manufacturing giant, Fuyao Glass Industry Group Co., Ltd.
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Cho Tak Wong is one of China's most prominent and generous philanthropists. His giving is structured through the Heren Foundation, to which he has donated billions of dollars, including a massive US$580 million donation to charity in 2012.
His personal philosophy is rooted in Buddhism and the belief that business should be used to serve society. His structural social impact is the creation of a massive, stable manufacturing employer in the auto parts sector globally. His autobiography, 'A Heart like Bodhi' (2014), details his entrepreneurial journey and commitment to philanthropy, inspiring entrepreneurs worldwide.
Cho Tak Wong maintains the traditional, humble, and disciplined style of a Chinese industrial patriarch. His attire is consistently professional, favoring simple business suits. His aesthetic is one of serious authority, tempered by his known frugality and commitment to Buddhist principles.
Residing in Fuqing, Fujian, his luxury is the profound security of his multi-billion dollar fortune, which he uses to fund his massive charitable endeavors. His life is dedicated to the high-volume business of manufacturing, combined with an unparalleled commitment to large-scale social responsibility.
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“To me, business is not about wealth; it is about serving society with heart.”
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-0.35% | -$4.40M
-0.14% | -$1.86M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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