Tsai Wan-tsai

Tsai Wan-tsai (Chinese: 蔡萬才; pinyin: Cài Wàncái; 5 August 1929 – 5 October 2014) was a Taiwanese banker. Born in modern-day Miaoli, his birth name was 蔡萬財. He is one of the brothers of Tsai Wan-lin, and an uncle of Tsai Hong-tu. Tsai Wan-tsai was a member of the Legislative Yuan, the national parliament of Taiwan. He was also the founder of Fubon Group.^[1] In June 2008, Forbes ranked him as the fourth richest of Taiwan, with a net worth of US$5.1 billion.^[2]

Tsai Wan-tsai
Member of the Legislative Yuan
In office 1 February 1973 – 31 January 1983
Constituency	Taipei (until 1981) Business (1981–83)
Personal details
Born	(1929-08-05)5 August 1929 Chikunan Town, Chikunan District, Shinchiku Prefecture, Japanese-era Taiwan (modern-day Zhunan, Miaoli)
Died	5 October 2014(2014-10-05) (aged 85) Taipei, Taiwan
Nationality	Taiwanese
Children	4
Education	National Taiwan University (LLB)
Occupation	Founder, Fubon Group

In this Chinese name, the family name is Tsai.

Career and Achievements

In 1960, Tsai and his brothers joined Taipei's Tenth Credit Cooperative, marking their entry into the financial sector. Two years later, they co-founded Cathay Life Insurance, which became Taiwan's largest life insurer. Following a family dispute in 1979, Tsai Wan-tsai established Fubon Financial Holding Co., transforming it into Taiwan's fifth-largest financial services company, with assets totaling NT$1.26 trillion.^[3]

He died at the age of 85 in 2014.^[4] After his death, Fubon established the Tsai Wan-tsai Taiwan Contribution Award in his honor.^[5] The company is now run by his sons Daniel Tsai and Richard Tsai.^[6]