#1942

Walter Wang

United States 61 years old

Overview

Source of Wealth
Manufacturing
Industry
Manufacturing
Residence
Los Angeles, California
Marital Status
Married
Children
3

Assets

  • Formosa Plastics
    63,700,000 shares @ -
    -
    1301-TW

Biography

Walter Wang is chairman and CEO of JM Eagle Inc., one of the world's largest manufacturers of plastic pipe.

Wang is a son of Y.C. Wang, the former chairman of Taiwan's Formosa Plastics, who died in 2008 at age 91.

Headquartered in Los Angeles, JM Eagle has 2,000 employees globally and generates $2.3 billion of estimated annual revenue.

Wang's philanthropic interests include healthcare, education and missionary work.

Wang is the founder and owner of a Taiwanese basketball team, the New Taipei Kings. His daughter named the team after the family name Wang, which means king in Mandarin.

About

Wang survived a battle with nasopharynx cancer in 2005, which he credits to his Christian faith.