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Terry GouTaiwanese financial tycoon
Date of Birth: 08.10.1950
Country:  Taiwan |
Content:
- Terry Gou: Taiwanese Business Tycoon
- Expansion and Success
- Wealth and Recognition
- Personal Life
- Philanthropy
- Controversy
- Technological Empire
- Legacy
Terry Gou: Taiwanese Business Tycoon
Early Life and CareerTerry Gou, a Taiwanese billionaire, was born on October 8, 1950. His family moved to Taiwan from Kiate in 1979. In 1974, he founded Foxconn Technology Group, an electronics contract manufacturer. The company initially employed just ten people and produced plastic parts for television sets.
Expansion and Success
In 1988, Gou opened Foxconn's first factory in Shenzhen, China. Today, Shenzhen is home to the company's largest facility. Foxconn has become one of the world's largest electronics manufacturers, with subsidiaries and factories across China. The company is China's largest private exporter.
Wealth and Recognition
Gou's business acumen, determination, and leadership skills have earned him immense wealth and recognition. As of 2007, he ranked 142nd on Forbes' list of the world's billionaires, with a net worth of US$5.5 billion. Today, his net worth stands at US$4.3 billion.
Personal Life
Gou's wife died of breast cancer in 2005, and his brother passed away from leukemia in 2007. Despite these tragedies, he has continued to manage Foxconn successfully. He has two children: a son born in 1976 who works in film and a daughter born in 1978 who works in finance.
Philanthropy
In 2000, Gou and his wife established an educational foundation. He has pledged to donate a third of his wealth to charity.
Controversy
In 2007, Gou faced negative publicity after his former mistress released a video of their intimate encounter.
Technological Empire
Foxconn's revenue primarily comes from technology. The company assembles personal computers, MP3 players, mobile phones, and other electronics. Its initial success in personal computer assembly led to its current status as the world's largest contract electronics manufacturer, behind only Flextronics. Since its inception, Foxconn's share value has tripled.
Legacy
At the age of 56, Gou remains an energetic and influential figure in the business world. His entrepreneurial spirit and vision have transformed Foxconn into a global manufacturing powerhouse.
