Pierre Chen

Pierre Chen
Born1958 (age 65–66)
Taiwan
Alma materNational Cheng Kung University
OccupationBusinessman
Known forFounder and chairman of Yageo
SpouseDivorced
Children3

Pierre Chen or Chen Tai-Min (born 1958) is a Taiwanese art collector and businessman. He is the founder and chairman of Yageo, which deals with electronic domains and makes electronic components for mobiles, automobiles, laptops and desktops, and key electronic devices. As of May 2024, Forbes estimated his net worth at US$6.1 billion.[1]

Early life[edit]

Chen grew up in Kaoshiung in a middle-class Taiwan family. He received a bachelor's degree in engineering from National Cheng Kung University in Taiwan.[2]

Career[edit]

He founded Yageo in 1977.[1][3]

Chen is the owner of 47 sales offices, 40 manufacturing sites, 20 R&D centers worldwide and was in charge of in Yageo's day-to-day management.[citation needed]

He was listed at 550th in the 2021 Forbes list of world billionaires, and 9th in Taiwan.[4]

Art collection[edit]

Chen is well known as an art collector, having collected since 1976.[5] One of the paintings in his collection is Tamsui, an oil painting by Japanese-period Taiwanese artist Tan Ting-pho. The painting was purchased for $4.5 million (NT$144 million), setting a world record for a ‘NT $100 million’ purchase of an oil painting by an ethnic Chinese artist.[6] Chen's art collection is administered through the Yageo Foundation.[7][8]

Personal life[edit]

He is divorced, with three children, and lives in Taipei, Taiwan.[1]

References[edit]

  1. ^ a b c "Forbes profile: Pierre Chen". Forbes. Retrieved 2 May 2024.
  2. ^ "Pierre Chen: Executive Profile & Biography - Bloomberg". www.bloomberg.com.
  3. ^ Tudor, Alison (6 April 2011). "Yageo's Founder, KKR Launch Offer". Wall Street Journal – via www.wsj.com.
  4. ^ "Taiwan's 50 Richest 2021: Buoyed by an Export Boom, Fortunes Soar Amid the Pandemic". Forbes.
  5. ^ "Pierre Chen - ARTnews". www.artnews.com. 10 September 2017.
  6. ^ "Chinese painting sets record price - Taipei Times". www.taipeitimes.com. 27 November 2006.
  7. ^ "Guess What? Hardcore Contemporary Art's Truly a World Treasure: - The National Museum of Modern Art, Kyoto". www.momak.go.jp.
  8. ^ The Economist. Economist Newspaper Limited. 2011.

External links[edit]