Terry Gou named as world’s 181st richest person

Taipei, Hon Hai Precision Industry Chairman Terry Gou (???), one of Taiwan's most influential business tycoons, was ranked 181st by Forbes magazine in its new annual list of billionaires published Tuesday.

Gou, who heads the world's largest contract electronics manufacturer, has estimated wealth of US$8.5 billion, the highest of any individual in Taiwan, ahead of Want Want Group Chairman Tsai Eng-Meng's (???) US$6.8 billion and Hung Tai Group founder Lin Yu-Lin's (???) US$5.8 billion.

Amazon chief Jeff Bezos was ranked as the world's wealthiest billionaire, with a net worth of US$112 billion. He catapulted to the top spot after finished third last year because of the 59 percent increase in his company's shares in 2017 that boosted his wealth by US$39.2 billion.

Last year's richest person, Microsoft founder Bill Gates, finished second on this year's list with a net worth of US$90 billion.

Legendary investor Warren Buffett ranked third, followed by French industrialist Bernard Arnault in fourth and Facebook's Mark Zuckerberg in fifth, the magazine said.

Two Chinese billionaires, Ma Huateng, CEO of Chinese internet giant Tencent who was ranked 17th in the world and the richest person in Asia, and Alibaba founder Jack Ma, ranked 20th, are among the world's 20 richest people, according to the magazine.

U.S. President Donald Trump finished in 766th place, down from 544th last year, with an estimated net worth of US$3.1 billion.

The U.S. has the most billionaires (585), followed by China (373), according to Forbes.

Source: Focus Taiwan News Channel