Pierre Chen or Chen Tai-Min (born 1958) is a Taiwanese art collector and businessman. He is the founder and chairman of Yageo, which deals with electronic domains and makes electronic components for mobiles, automobiles, laptops and desktops, and key electronic devices. As of May 2024, ''

Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

'' estimated his net worth at US$6.1 billion.

Early life and education

Chen grew up in Kaoshiung in a middle-class Taiwanese family. He received a bachelor's degree in engineering from

National Cheng Kung University National Cheng Kung University (NCKU; ) is a Public university, public research university located in the East District, Tainan, East District of Tainan, Taiwan. Founded in 1931 during Taiwan under Japanese rule, Japanese rule as an engineering ...

in Taiwan.

Career

He founded Yageo in 1977. Chen is the owner of 47 sales offices, 40 manufacturing sites, 20 R&D centers worldwide and was in charge of in Yageo's day-to-day management. He was listed at 550th in the 2021 Forbes list of world billionaires, and 9th in Taiwan.

Art & Wine collection

Chen is well known as an art and wine collector, having collected since 1976. One of the paintings in his collection is ''Tamsui'', an oil painting by Japanese-period Taiwanese artist Tan Ting-pho. The painting was purchased for $4.5 million (NT$144 million), setting a world record for a ‘NT $100 million’ purchase of an oil painting by an ethnic Chinese artist. Chen's art collection is administered through the Yageo Foundation. Sotheby's auctioned off 25,000 bottles from his wine collection in 2023 and 2024, including their first ever auction devoted exclusively to Champagne and the first ever single-owner wine auction to take place in Burgundy.

Personal life

He is divorced, with three children, and lives in

Taipei , nickname = The City of Azaleas , image_map = , map_caption = , pushpin_map = Taiwan#Asia#Pacific Ocean#Earth , coordinates = , subdivision_type = Country ...

, Taiwan.

References

External links

* {{DEFAULTSORT:Chen, Pierre 1958 births Living people 20th-century Taiwanese businesspeople 21st-century Taiwanese businesspeople Businesspeople from Kaohsiung National Chengchi University alumni Taiwanese billionaires Taiwanese art collectors Taiwanese company founders Taiwanese engineers Taiwanese manufacturing businesspeople