BillionaireNet
Shih-Chung
Wang Shih-Chung
Rank #3041
TAIWANManufacturingPneumatic equipments

Wang Shih-Chung

Net Worth
$1.061B
-1.85% (24h)
Wang Shih-Chung is the Chairman of AirTAC International Group, a Taiwanese manufacturer of pneumatic equipment. His net worth is estimated at $1.1 billion, a testament to his success in the manufacturing industry. Wang founded AirTAC in 1988 and has since led the company to become a key player in the automotive, electronics, and medical sectors. His career has been marked by strategic leadership and innovation, contributing to Taiwan's economic growth.

The Full Dossier

Early Life

Wang Shih-Chung was born in Taipei, Taiwan. After graduating high school, he worked at a factory before setting up AirTAC International Group in 1988.

Rise to Success

Wang's entrepreneurial journey led him to establish AirTAC, a company specializing in pneumatic equipment. Under his leadership, AirTAC has expanded its presence globally, establishing itself as a key supplier in the automotive, electronics, and medical fields. AirTAC is headquartered in Taipei with a strong presence in mainland China, where it has two manufacturing sites.

Key Business Strategies

AirTAC's success can be attributed to its focus on innovation and strategic market positioning. The company has reported stellar sales, reporting record sales of $11.4 billion in 2022. Wang's leadership has been instrumental in driving AirTAC's growth and its contribution to Taiwan's economy.

Philanthropy

Information on Wang Shih-Chung's specific philanthropic activities could not be found.

Career Timeline

2022

Ranked as a Top CEO

Ranked 29th on the Harvard Business Review's Taiwan Top 100 Best-Performing CEOs list.

1988

Founded AirTAC International Group

Established AirTAC, a company specializing in pneumatic equipment.

Philanthropic Impact

UnknownUndisclosed

Unknown

Philanthropic efforts are currently unknown

Wealth Trajectory