Douglas Tong Hsu is a Taiwanese businessman, the Chairman and CEO of Far Eastern Group (FEG), a massive, diversified conglomerate. His fortune is rooted in the family's industrial empire, founded by his father, Yu-Ziang Hsu, who emphasized the motto: 'Sincerity, Diligence, Thrift and Prudence.'

Hsu received an elite education designed for industrial leadership: he holds a B.A. and M.A. from the University of Notre Dame, Indiana, and pursued post-graduate economics at Columbia University. He began his professional career at Citibank, NY, before returning to Taiwan and joining the family business in 1971. This blend of global finance and industrial management prepared him to lead the sprawling, diversified empire.

Douglas Hsu was appointed President of FETL (later Far Eastern New Century) in 1979 and later became Chairman of the entire Far Eastern Group. Under his leadership, he added one vital principle to the family's motto: Innovation. He guided the Group's growth through continuous expansion, transformation, and restructuring.

The Far Eastern Group (comprising over 200 affiliated companies) is vertically integrated and active in three basic areas: petrochemicals and polyesters, cement, and department stores. Hsu spearheaded massive global expansion, building production plants across Southeast Asia and acquiring a PET resin plant in Texas for $1.125 billion. He also diversified into telecom and technology (5G), financial services, and hotels. His contributions to Taiwan earned him the Order of Brilliant Star with Grand Cordon from the President in 2016.

Douglas Hsu's social impact is structural, stemming from FEG's role as a major industrial employer (over 62,000 workforce) and foundational supplier of essential materials and services globally. The company's commitment to ESG principles and innovation guides its operations.

The family's foundations sponsor Taiwan's leading technical institute, private university, and hospital, making a massive structural contribution to national education and healthcare. Hsu's leadership is credited with growing and prospering in tandem with Taiwan's and China's overall economy.

Douglas Hsu maintains the highly professional, refined style of a Taiwanese industrial patriarch. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic is one of stability and confident authority, reflecting his mastery of complex, multi-sector governance.

His luxury is the immense security and autonomy derived from his multi-billion dollar fortune. His life is defined by his commitment to his family's industrial legacy, balancing the motto of 'Sincerity, Diligence, Thrift, and Prudence' with the modern principle of Innovation.