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In the world today
Cho Tak Wong

Cho Tak Wong

C. Wong
-0.14% | - $-6.93M
$5.04 B ₹ 45,797 Cr
Real Time Net Worth #837 Ranking as of 21 Feb 2026 By Forbes

More on Cho Tak Wong

Gender

Male

Age

86Y

Country

Hong Kong

Born On

January, 1940

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Real Estate)

Primary Organization

Wong'S International

Titles

Chairman

Sources of Wealth

Real Estate

Industry

Real Estate

About Cho Tak Wong


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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Quick Reads


  • A prominent Hong Kong-based real estate investor and developer.
  • Heads the privately held property firm, Wong's International.
  • Has built a large portfolio of commercial and residential real estate.
  • His success comes from decades of investment in the Hong Kong property market.
  • He is known for maintaining a low public profile.

Early Life and Background


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.

Career Journey of Cho Tak Wong


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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Cho Tak Wong's Timeline


1983:

Buys out the glass factory where he worked and shifts focus to automotive glass (Entrepreneurial Founding).

1987:

Establishes the Fuyao Group (Corporate Founding).

1993:

Fuyao Group is listed on the Shanghai Stock Exchange (Financial Milestone).

2005 (March):

His son, Cao Hui, takes over as CEO (Generational Transition).

2009:

Named Ernst & Young World Entrepreneur Of The Year (Global Recognition).

2019:

Featured in the documentary 'American Factory' about Fuyao's US expansion (Cultural Note).

Ongoing:

Continues as Chairman of Fuyao Group and a major philanthropist (Executive Leadership).

Major Business Ventures and Investments


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.

  • Fuyao Group (Founder & Chairman): The core asset, a global leader in automotive glass manufacturing, with operations in China, the United States, Germany, and Russia.
  • Manufacturing Specialization: His success is built on his early pivot to automotive glass and his relentless focus on quality and cost control.
  • Heren Foundation: The massive philanthropic foundation he established, through which he has donated billions of dollars.
  • Private Investments: His wealth is managed through private investment strategies, often focused on supporting the growth of his core industrial sector.

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Philanthropy and Social Impact


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.

Fashion, Style, and Lifestyle


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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Quotes and Philosophy


“To me, business is not about wealth; it is about serving society with heart.”

Fun Facts & Trivia


  • He worked in a glass factory as a teenager after his family's assets were confiscated during the Cultural Revolution.
  • He founded the Fuyao Group, a global leader in automotive glass.
  • He won the Ernst & Young World Entrepreneur Of The Year award in 2009.
  • He made a massive US$580 million donation to charity in 2012.
  • He was featured in the documentary 'American Factory'.
  • He authored his autobiography, 'A Heart like Bodhi'.
  • His family shifted the business focus to automotive glass after observing Japanese automakers in China.

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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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