Age, Biography and Wiki

Biography: Wang You-theng is a Taiwanese entrepreneur and philanthropist. He is the founder and chairman of the Formosa Plastics Group, one of the largest conglomerates in Taiwan. He is also the founder of the Wang Foundation for Educational and Cultural Exchange, which promotes educational and cultural exchange between Taiwan and the United States. Age: 89 years old Height: 5' 8" (173 cm) Physical Stats: Unknown Dating/Affairs: Unknown Family: Wang You-theng is married to his wife, Chen Ching-hui, and has three children. Career: Wang You-theng founded the Formosa Plastics Group in 1958. The company has since grown to become one of the largest conglomerates in Taiwan. He is also the founder of the Wang Foundation for Educational and Cultural Exchange, which promotes educational and cultural exchange between Taiwan and the United States. Net Worth: Wang You-theng has an estimated net worth of $3.5 billion.

Popular As N/A
Occupation N/A
Age 89 years old
Zodiac Sign Pisces
Born 5 March, 1927
Birthday 5 March
Birthplace N/A
Date of death 27 May 2016
Died Place N/A
Nationality Taiwan

We recommend you to check the complete list of Famous People born on 5 March. He is a member of famous with the age 89 years old group.

Wang You-theng Height, Weight & Measurements

At 89 years old, Wang You-theng height not available right now. We will update Wang You-theng's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
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Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Wang You-theng Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Wang You-theng worth at the age of 89 years old? Wang You-theng’s income source is mostly from being a successful . He is from Taiwan. We have estimated Wang You-theng's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income

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Timeline

2016

Wang reportedly died in an automobile accident in West Covina, California on 27 May 2016. His body has been cremated by family members and his ashes flown back to Taiwan.

2006

By 2006, Rebar was encountering serious difficulties following years of allegedly hiding financial problems with bad loans from The Chinese Bank (a subsidiary) and falsified accounting records. On 29 December 2006, Rebar Asia-Pacific Group, along with three subsidiaries filed for bankruptcy protection, but did not notify the Taiwan Stock Exchange of their insolvency claims as required by regulations until 4 January 2007. During this week, several high-ranking officers in Rebar, including Wang, were alleged to have engaged in insider trading and embezzlement. Wang and his wife fled Taiwan for Hong Kong on 30 December, days before prosecutors began to launch an investigation into allegations of Rebar financial impropriety.

1959

Wang established the China Rebar Group in 1959 as a manufacturer of steel reinforcement beams. In the following years, Rebar expanded its operations from the construction industry into textiles, hotels, real estate, retail services, insurance, banking, and telecommunications. As the head of a growing business empire, Wang enjoyed a large personal fortune and increasing political clout. Several of Wang's children and relatives served as high-ranking officers in Rebar's subsidiary companies. As a tycoon, Wang maintained a close business relationship with government authorities over several administrations, serving as a member of the Central Standing Committee of the Kuomintang for 15 years and being appointed as a National Policy Advisor to President Chen Shui-bian in 2000 when the Democratic Progressive Party won the ROC Presidential election that year.

1927

Wang You-theng (Chinese: 王又曾; pinyin: Wáng Yòucéng; 5 March 1927 – 27 May 2016) was a Taiwanese entrepreneur, born in Changsha, Hunan, Republic of China, who founded the China Rebar Group and served as its chairman until fleeing Taiwan in late 2006 amid allegations of embezzlement and fraud.

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