T sao Ter-fung is a Taiwanese real estate magnate whose family has amassed a vast fortune through property development and investment. The core of his wealth is derived from his family's company, Lung Lih Development, which owns a significant and highly valuable portfolio of real estate, particularly in Taipei's prime Xinyi district. This area is the city's modern financial and commercial hub, home to major office towers, luxury hotels, and high-end shopping malls.

The family's strategy has been to acquire and develop properties in this key district over several decades. The immense appreciation in the value of this urban real estate is the primary source of the family's multi-billion dollar fortune. Tsao Ter-fung, as the patriarch of the family, has been responsible for overseeing these valuable holdings. His success is representative of the multi-generational wealth created by savvy, long-term real estate investment in Taiwan's booming economy.