Yao Hsiao Tung
$1.29B
as of 10/04/24
About Yao Hsiao Tung
Yao Hsiao Tung is the executive chairman and CEO of Hi-P International, which the former DuPont executive acquired as a small tool maker in 1983.
Today it is one of Singapore's largest contract manufacturers of smartphones, tablet computers and consumer electronics with customers such as Apple.
In 2017, he acquired the stake of longtime partner Molex, a manufacturer of electrical connectors owned by U.S. billionaire Charles Koch.
He delisted the company from the Singapore Stock Exchange at a valuation of $1.2 billion in 2021, with the aim of securing greater flexibility in running the business.
In 2024, Temasek-backed 65 Equity Partners invested S$100 million ($74 million) in the company.
Personal stats
Citizenship
SingaporeSource of wealth
manufacturingResidence
Singapore, SingaporeMarital status
MarriedBirth date
01/01/40 (age 84)Self-made
self-madeYao Hsiao Tung’s fortune is worth
21K
troy ounces of gold
20K
median U.S. household
13K
median U.S. income
0.026%
U.S. credit card volume
0.005%
GDP of the United States
0.004%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Yao was born in mainland China but moved to Taiwan as a child; he's now a Singaporean citizen.
Net worth over time
Real-time ranking
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