The Financial Turmoil Took Away Wang Yongqing, A Formosa King?

Taiwan media reported that Wang Yongqing, founder of Formosa Plastics Group, died of myocardial infarction in the United States at the age of 92.

The remains will be returned to Taiwan by special plane on the evening of 16.

Wang Yongqing was worried about the impact of the US financial turmoil on Taiwan. On the 11 day, she went to the United States to inspect the production line and delivery room with his wife and children. After 4 days, she was sent to hospital on the morning of 15 a.m. Eastern time, and died at 9:38 due to heart failure.

Wang Yongqing, born in Taipei in January 1916, was an apprentice at the age of 15. He opened a rice store at the age of 16 and stood firm by diligence and diligence. He founded Formosa Plastics Corp in 1954.

50 years later, Formosa Plastics Group is the largest private enterprise in Taiwan, with more than 70 thousand employees and a total assets of NT $1 trillion and 500 billion. It has created a truly "kingdom" for Taiwan.

The God of management should have enjoyed the life of old age. But because of the fear of the financial storm, regardless of the age, he went to the center of the financial turmoil. Unfortunately, he passed away. While he admired the dedication of the elderly, he realized the danger of the financial turmoil raging around the world.

The Formosa Plastics Group has not only invested a lot in mainland China, but also donated one hundred million yuan for the first time in the Sichuan earthquake, and its good corporate image and social responsibility embodied Wang Yongqing's entrepreneurial spirit of giving back to the society. His way of management was widely praised and learned by the economic circles.

Pray for the financial turmoil to stop disturbing the old man's paradise.