Most valuable companies founded or held by Wang Yung-ching's family in Taiwan 2022
The renowned Taiwanese entrepreneur Wang Yung-ching and his family had founded or held four companies listed in the Hurun 500 most valuable Chinese private companies with a combined market cap of 547 billion yuan as of November 2022. Among those companies, Formosa Petrochemical, established in 1992, was the first privately-owned refinery and the leading ethylene producer in Taiwan.