Wu Brothers Unite To Form Taiwan’s Fourth Largest Financial Holding Company

Since January 2023, I have been contributing as a freelance reporter for Forbes Asia, based in Shanghai. My experience extends to working with The Economist Group as well, focusing on China’s economic landscape by highlighting its influential wealth creators.

In recent developments, brothers Thomas Wu and Eugene Wu have united their respective companies, Taishin Holdings and Shin Kong Financial Holding, to establish Taiwan’s fourth-largest financial holding company. Taishin Holdings, founded by Thomas Wu, is valued at $2.2 billion, placing him at No. 30 on the wealth list. His brother Eugene, at No. 44, has a wealth of $1.6 billion. The merger results in a firm boasting NT$8.3 trillion ($274 billion) in total assets.