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Wu Brothers Create Taiwan’s Fourth Largest Financial Holding Company

2 weeks ago 0

Since January 2023, I have been reporting for Forbes Asia from Shanghai as a freelance journalist. In addition to my work with Forbes, I have collaborated with other organizations like The Economist Group. My objective is to illuminate China’s economic developments by highlighting its dynamic wealth creators.

On June 4, 2025, news emerged that billionaire brothers Thomas Wu and Eugene Wu would combine their companies to form Taiwan’s fourth largest financial holding company. Taishin Holdings, led by Thomas Wu (ranked No. 30 with $2.2 billion), and Shin Kong Financial Holding, headed by Eugene Wu (ranked No. 44 with $1.6 billion), planned this merger last year. The united company will manage total assets worth NT$8.3 trillion, or approximately $274 billion, strengthening its position in the financial landscape of the island.

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