Christopher Tsai
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Christopher Tsai (born December 20, 1974) is a third-generation,
Chinese-American Chinese Americans are Americans of Chinese ancestry. Chinese Americans constitute a subgroup of East Asian Americans which also constitute a subgroup of Asian Americans. Many Chinese Americans have ancestors from mainland China, Hong Kong ...
investor and noted
art collector A private collection is a privately owned collection of works (usually artworks) or valuable items. In a museum or art gallery context, the term signifies that a certain work is not owned by that institution, but is on loan from an individual ...
. He is the founder of Tsai Capital Corporation, a
New York New York most commonly refers to: * New York (state), a state in the northeastern United States * New York City, the most populous city in the United States, located in the state of New York New York may also refer to: Places United Kingdom * ...
-based
investment management Investment management (sometimes referred to more generally as financial asset management) is the professional asset management of various Security (finance), securities, including shareholdings, Bond (finance), bonds, and other assets, such as r ...
firm.


Early life and education

Born in
Greenwich, Connecticut Greenwich ( ) is a New England town, town in southwestern Fairfield County, Connecticut, United States. As of the 2020 United States census, 2020 census, it had a population of 63,518. It is the largest town on Gold Coast (Connecticut), Connectic ...
, to investor and philanthropist
Gerald Tsai Gerald Tsai Jr. (; March 10, 1929 – July 9, 2008) was an investor and philanthropist who helped build Fidelity Investments into a mutual fund powerhouse. After starting Fidelity Investments' first publicly sold aggressive growth fund in 1958 ...
and model and actress Marlyn C. Tsai, Tsai was raised in a prominent family with connections to influential figures in business and real estate. He attended
Brunswick School Brunswick School is a private, college-preparatory school for boys in Greenwich, Connecticut, United States. It was founded in 1902 by George B. Carmichael. History Brunswick School was founded in 1902 by George B. Carmichael. The school is ...
, a private college-preparatory school for boys in Greenwich, graduating in 1993. During his youth, Tsai was close with the Trump family, as his father was acquainted with
Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party (United States), Republican Party, he served as the 45 ...
when Trump was a Manhattan real estate mogul, and Tsai considered Donald Trump Jr. his best friend, often vacationing together. Tsai began his career in finance at the age of 11, working for the Tsai family foundation. As a teenager, he would regularly telephone Alan Courtney "Ace" Greenberg, who managed a custodian account for Tsai, to ask him why he was buying certain companies like
Schlumberger Schlumberger (), doing business as SLB, is a global multinational oilfield services company. Founded in France in 1926, the company is now incorporated as Schlumberger NV in Willemstad, Curaçao, with principal executive offices in Houston ...
. Tsai also had the opportunity to learn from other Wall Street CEOs like
Laurence Tisch Laurence Alan Tisch (March 5, 1923 – November 15, 2003) was an American businessman, investor and billionaire. He was the CEO of CBS television network from 1986 to 1995. With his brother Bob Tisch, he was part owner of Loews Corporatio ...
, who was his sister’s godfather. At age 18, Tsai studied securities analysis at the
New York Institute of Finance The New York Institute of Finance (NYIF) is an American for-profit provider of continuing professional education that was founded by the New York Stock Exchange (NYSE) in 1922. The institute provides continuing education to professionals in the ...
. Tsai attended Vermont's
Middlebury College Middlebury College is a Private university, private Liberal arts colleges in the United States, liberal arts college in Middlebury, Vermont, United States. Founded in 1800 by Congregationalism in the United States, Congregationalists, Middlebury w ...
, where he graduated with a Bachelor of Arts degree in Philosophy and International Politics and served on the Middlebury College Arts Council.


Career


Early investment experience

Tsai began investing at the age of 11 when he purchased five shares of an insurance company. He used money he made from gardening for the investment and made a $25 profit. Tsai recounts he convinced the broker to waive the fee for the transaction as it was more than the profit he made from the investment. At the age of 16, Tsai began informally investing money for friends and business owners he knew from growing up in Greenwich. One of those “clients” was the owner of a Chinese restaurant who entrusted Tsai with his life savings of around $400,000. That early investor became one of Tsai’s first clients when he started his firm. Tsai launched Tsai Capital in 1997 after working as an equity analyst for
Bear Stearns The Bear Stearns Companies, Inc. was an American investment bank, securities trading, and brokerage firm that failed in 2008 during the 2008 financial crisis and the Great Recession. After its closure it was subsequently sold to JPMorgan Chas ...
and interning for value investors
Mario Gabelli Mario Joseph Gabelli (born June 19, 1942) is an American stock investor, investment advisor, and financial analyst. He is the founder, chairman, and CEO of Gabelli Asset Management Company Investors (Gamco Investors), an investment firm head ...
and John A. Levin. Tsai credits
Benjamin Graham Benjamin Graham (; Given name, né Grossbaum; May 9, 1894 – September 21, 1976) was a British-born American financial analyst, economist, accountant, investor and professor. He is widely known as the "father of value investing", and wrote two ...
's
The Intelligent Investor ''The Intelligent Investor'' by Benjamin Graham, first published in 1949, is a widely acclaimed book on value investing. The book provides strategies on how to successfully use value investing in the stock market. Historically, the book has been ...
and
Philip Arthur Fisher __NOTOC__ Philip Arthur Fisher (September 8, 1907 – March 11, 2004 in San Francisco, California) was a proponent of the growth investing strategy. Career Philip Fisher's career began in 1928 when he dropped out of the newly created Stanford Gra ...
's Common Stocks and Uncommon Profits as two of his influences. His investment approach was also strongly influenced by
Charlie Munger Charles Thomas Munger (January 1, 1924November 28, 2023) was an American businessman, investor, attorney and philanthropist. He was vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett, from 1978 until his death in ...
of
Berkshire Hathaway Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of c ...
.


Tsai Capital Corporation

Tsai is president and chief investment officer of Tsai Capital, an SEC-registered, value-oriented investment firm headquartered in New York City and focused on the long-term growth and preservation of capital. He founded the company in 1997 at the age of 22 and serves as chairperson of the firm's advisory committee.


Media and publications

Tsai has written for "Investment & Pensions Europe" about art as an alternative investment class, and he is the author of "Back Door to China", published in '' Worth'', in which he favors investment in
Chinese contemporary art Chinese art is visual art that originated in or is practiced in China, Greater China or by Chinese artists. Art created by overseas Chinese, Chinese residing outside of China can also be considered a part of Chinese art when it is based on o ...
. Bloomberg, L.P. notes that he "has also been interviewed on
Bloomberg Radio Bloomberg Radio is a radio service of Bloomberg L.P. that provides global business news programming 24 hours a day. The format is general and financial news, offering local, national and international news reports along with financial market ...
, China Money Network,
Fox Business Fox Business (officially known as Fox Business Network, or FBN) is an American conservative business news channel and website publication owned by the Fox News Media division of Fox Corporation. The channel broadcasts primarily from studios ...
, nd The Street.com TV", and "has written extensively about investing in emerging markets". Tsai is the author of "Investing in an Age of Disruption", in which Tsai argues that investors continually underestimate the speed at which disruption, or disruptive innovation, transforms business and society. Tsai is also the author of "The Power and Challenges of Compounding", in which Tsai states investors should think long-term and recognize that even the most exceptional businesses go through difficult periods and growing pains.In a 2025 interview with Business Insider, Tsai praised
Elon Musk Elon Reeve Musk ( ; born June 28, 1971) is a businessman. He is known for his leadership of Tesla, SpaceX, X (formerly Twitter), and the Department of Government Efficiency (DOGE). Musk has been considered the wealthiest person in th ...
, calling him “one of the greatest entrepreneurs of our time” for his innovative leadership at Tesla,
SpaceX Space Exploration Technologies Corp., commonly referred to as SpaceX, is an America, American space technology company headquartered at the SpaceX Starbase, Starbase development site in Starbase, Texas. Since its founding in 2002, the compa ...
, and
Neuralink Neuralink Corp. is an American transhumanist neurotechnology company that has developed, as of 2024, implantable brain–computer interfaces (BCIs), also known as brain implants. It was founded by Elon Musk and a team of eight scientists and ...
, highlighting Musk’s impact on technology and business.


Other business ventures

In 2011, Tsai joined an investor group, led by
Brad Jacobs (businessman) Brad Jacobs (born August 3, 1956) is an American businessman who serves as chairman and CEO of QXO, Inc. In addition, he is executive chairman of XPO, Inc., and non-executive chairman of GXO Logistics, Inc., a spin-off company from XPO. Care ...
, that took control of Express-1 Expedited Solutions (now XPO, Inc.). The group provided $150 million of financing. In 2014, Tsai launched Tsai Ventures, the venture capital arm of Tsai Capital. CrowdTangle, a Tsai Ventures portfolio company, was acquired by Facebook on Nov. 11, 2016. Founded in 2012, CrowdTangle had raised $2.2 million in venture funding from Tsai Ventures and other venture capital firms.


Art collection

Tsai is an avid art collector. Tsai first focused on collecting contemporary
Chinese art Chinese art is visual art that originated in or is practiced in China, Greater China or by Chinese artists. Art created by Chinese residing outside of China can also be considered a part of Chinese art when it is based on or draws on Chine ...
. Tsai is the world's largest collector of works by
Ai Weiwei Ai Weiwei ( ; , IPA: ; born 28 August 1957) is a Chinese contemporary artist, documentarian, and activist. Ai grew up in the far northwest of China, where he lived under harsh conditions due to his father's exile. As an activist, he has been ...
. In 2006, Tsai commissioned Ai and the Swiss-based architectural firm, HHF Architects, to design a private residence in
Upstate New York Upstate New York is a geographic region of New York (state), New York that lies north and northwest of the New York metropolitan area, New York City metropolitan area of downstate New York. Upstate includes the middle and upper Hudson Valley, ...
that would serve as an exhibition space for the Stockamp Tsai Collection. Following completion of the main house, Tsai commissioned Ai to build a guest house, which won an
American Architecture Awards The American Architecture Awards is a national and international awards program for new architecture, landscape architecture, interiors, and urban planning in the United States. The program was launched by the Chicago Athenaeum Museum of Archite ...
in 2013. Tsai attributes his love of art to his father who collected works by
Alexander Archipenko Alexander Porfyrovych Archipenko (February 25, 1964) was a Ukrainian-American avant-garde artist, sculpture, sculptor, and graphic designer, graphic artist, active in France and the United States. He was one of the first to apply the principles o ...
,
Alexander Calder Alexander "Sandy" Calder (; July 22, 1898 – November 11, 1976) was an American sculptor known both for his innovative mobile (sculpture), mobiles (kinetic sculptures powered by motors or air currents) that embrace chance in their aesthetic, hi ...
and
Joan Mitchell Joan Mitchell (February 12, 1925 – October 30, 1992) was an American artist who worked primarily in painting and printmaking, and also used pastel and made other works on paper. She was an active participant in the New York School of artis ...
. Through the Stockamp Tsai Collection, Tsai regularly contributes artwork to museums. These museums have included the
Metropolitan Museum of Art The Metropolitan Museum of Art, colloquially referred to as the Met, is an Encyclopedic museum, encyclopedic art museum in New York City. By floor area, it is the List of largest museums, third-largest museum in the world and the List of larg ...
in New York, the
Pérez Art Museum Miami Pérez Art Museum Miami (PAMM)—officially known as the Jorge M. Pérez Art Museum of Miami-Dade County—is a contemporary art museum that relocated in 2013 to the Maurice A. Ferré Park in Downtown Miami, Florida. Founded in 1984 as the Cent ...
, the
Victoria and Albert Museum The Victoria and Albert Museum (abbreviated V&A) in London is the world's largest museum of applied arts, decorative arts and design, housing a permanent collection of over 2.8 million objects. It was founded in 1852 and named after Queen ...
in London and the
National Gallery of Victoria The National Gallery of Victoria, popularly known as the NGV, is an art museum in Melbourne, Victoria (state), Victoria, Australia. Founded in 1861, it is Australia's oldest and list of most visited art museums in the world, most visited art mu ...
in
Melbourne Melbourne ( , ; Boonwurrung language, Boonwurrung/ or ) is the List of Australian capital cities, capital and List of cities in Australia by population, most populous city of the States and territories of Australia, Australian state of Victori ...
. Prior to deciding to build a collection around Ai, Tsai collected contemporary Chinese art broadly, beginning in 2003. Tsai traveled to China and acquired some 50 works by artists including
Fang Lijun Fang Lijun (; born 1963) is a Chinese artist based in Beijing. He was born into a wealthy family with a high social status. In the 1990s, there was a cultural movementLü, Peng. "21-New Art and Artists." A History of Art in 20th-Century China. Mil ...
,
Liu Xiaodong Liu Xiaodong (; born 1963 in Liaoning, People's Republic of China, China) is a contemporary Chinese artist. Education Liu was born in 1963 in the small industrial village of Jincheng, a pulp and paper-producing center on the outskirts of Jinzh ...
, Xie Nanxing,
Zhang Huan Zhang Huan (; born 1965) is a Chinese artist based in Shanghai and New York City. He began his career as a painter and then transitioned to performance art before making a comeback to painting. He is primarily known for his performance work, but ...
and
Zhang Xiaogang Zhang Xiaogang (; born in 1958) is a contemporary Chinese symbolist and surrealist painter. Paintings in his ''Bloodline'' series are predominantly monochromatic, stylized portraits of Chinese people, usually with large, dark-pupiled eyes, po ...
. In September 2004, Tsai published an article in
Worth Magazine ''Worth'' is an American financial, wealth management, and life-style magazine founded in 1986 and purchased by Clarim Holdings in 2019. The magazine addresses financial, legal and life-style issues for high-net-worth individual In the finan ...
arguing that contemporary Chinese art was undervalued. In 2005, Tsai reiterated that contemporary Chinese art was undervalued, particularly when compared with contemporary Mexican artists. Tsai adheres to a well-defined methodology in making art acquisitions, balancing instinct and analysis. Tsai has expressed interest in collecting the work of
David Hammons David Hammons (born July 24, 1943) is an American artist, best known for his works in and around New York City and Los Angeles during the 1970s and 1980s. Early life David Hammons was born in 1943 in Springfield, Illinois, the youngest of ten ...
and Berlinde De Bruyckere. Tsai prefers that the artwork he buys stays undervalued for as long as possible. Tsai stated, "It's like buying shares in a company that you know will be worth more in five or ten years. The last thing we want is for the stock to go up as we start buying." Tsai has been critical of art speculators looking to buy art for short-term financial gain.


Personal life

Tsai is a third-generation investor whose financial roots date back to
World War II World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ...
. In addition to Tsai being the son of
Gerald Tsai Gerald Tsai Jr. (; March 10, 1929 – July 9, 2008) was an investor and philanthropist who helped build Fidelity Investments into a mutual fund powerhouse. After starting Fidelity Investments' first publicly sold aggressive growth fund in 1958 ...
, his grandmother, Ruth Tsai, was a pioneer for women in
Shanghai Shanghai, Shanghainese: , Standard Chinese pronunciation: is a direct-administered municipality and the most populous urban area in China. The city is located on the Chinese shoreline on the southern estuary of the Yangtze River, with the ...
. During
World War II World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ...
, Tsai's grandmother was the only woman to trade on the floor of the
Shanghai Stock Exchange The Shanghai Stock Exchange (, SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock ...
until Japanese troops occupied the
Shanghai International Settlement The Shanghai International Settlement () originated from the 1863 merger of the British Concession (Shanghai), British and American Concession (Shanghai), American list of former foreign enclaves in China, enclaves in Shanghai, in which Brit ...
on December 8, 1941, and trading was abruptly halted. Tsai is married to André Stockamp. Tsai is a philanthropist who has supported causes primarily related to the arts, including organizations such as the
Asia Society The Asia Society is a 501(c)(3) organization that focuses on educating the world about Asia. It has several centers in the United States (Manhattan, Washington, D.C., Houston, Los Angeles, San Francisco and Seattle) and around the world (Hong Ko ...
, the
Solomon R. Guggenheim Museum The Solomon R. Guggenheim Museum, often referred to as The Guggenheim, is an art museum at 1071 Fifth Avenue between 88th and 89th Street (Manhattan), 89th Streets on the Upper East Side of Manhattan in New York City. It hosts a permanent coll ...
, the
Hirshhorn Museum and Sculpture Garden The Hirshhorn Museum and Sculpture Garden is an art museum beside the National Mall in Washington, D.C., United States. The museum was initially endowed during the 1960s with the permanent art collection of Joseph H. Hirshhorn. It was designed ...
and the
Jewish Museum (Manhattan) The Jewish Museum is an art museum housed at 1109 Fifth Avenue, in the Felix M. Warburg House, along the Museum Mile on the Upper East Side of Manhattan, New York City. The museum holds a collection of approximately 30,000 objects, including ...
.


See also

* Tsai Performance Center


References


External links


Tsai Capital official website

Fox Business video with Christopher Tsai - The cost of doing business in China.
{{DEFAULTSORT:Tsai, Christopher 1974 births Living people American finance and investment writers American financial analysts American financial company founders American financiers American hedge fund managers American investors American money managers American stock traders Brunswick School alumni Businesspeople from Greenwich, Connecticut Businesspeople from New York (state) Middlebury College alumni Private equity and venture capital investors Stock and commodity market managers Bear Stearns people