Taiwanese tycoon Terry Gou has an estimated net worth of $6.61 billion as of July 2017, according to Bloomberg. Born Terry Tai-Ming Gou on October 8, 1950, he is the founder and chairman of Foxconn, a multinational electronics contract manufacturing company that is also known as Hon Hai. It is the largest electronics manufacturing services company in the world with contract for other companies such as Apple, Inc. It has factories in different countries but most of them are in mainland China, the largest exporter and employs 1.2 million people.

Hon Hai or Foxconn was founded by Gou in 1974. It had $7500 capital with ten workers who made plastic parts for television. Today, the factories produce gadgets such as iPad, iPhone, Kindle, Xbox, PlayStation and the Wii. It has accumulated about 40% of the world’s consumer products but has also drawn controversy. It has been under serious allegations due to unfair and unsafe labor practices. Today, Gou owns an estimated 13% of the total shares in the company. He is currently #239 in the World’s Billionaire’s List (#184 in 2012), #2 in Taiwan, #55 in the list of Powerful People, and #4 in Taiwan’s list of 40 Richest people.