Tsai Hong-tu

Tsai Hong-tu (born 1 August 1952) is a Taiwanese businessman and banker who currently chairs Cathay Financial Holdings.

Early life and education
Tsai was born in Zhunan, Miaoli County and grew up in Taipei. The son of billionaire Tsai Wan-lin, he earned a bachelor's of law from the National Taiwan University (1974) and a Ph.D. from Southern Methodist University (1978).

Business career
In 2004, Tsai inherited stakes of the company with his brothers Tsai Cheng-da and T. Y. Tsai when their father Tsai Wan-lin died. The Tsai family also controls Cathay Real Estate, a Taiwanese property developer.

In the 2010 Forbes World's Billionaires List, Tsai was ranked No. 582 in the world, alongside his brothers, each with individual net worth of US$1.7 billion. In the same year, Forbes also listed Tsai as one of the world's most altruistic individuals for donating US$3 million toward Typhoon Morakot relief and for giving US$7.8 million to National Taiwan University's law school in 2003.