Pierre Chen
Chen Tai-Min | |
|---|---|
| Born | 1958 Kaoshiung, Taiwan |
| Occupation(s) | Entrepreneur, art collector |
| Years active | 1977–present |
| Known for | Founder and chairman of Yageo |
Chen Tai-Min (; born 1958), also referred to as Pierre Chen, is a prominent Taiwanese entrepreneur and avid art collector. He is the founder and current chairman of Yageo, a worldwide frontrunner in electronic components utilized in mobile devices, automobiles, laptops, and essential gadgets. As of May 2024, his net worth was valued at US$6.1 billion according to Forbes.
Early life and education
Raised in a middle-income household in Kaoshiung, Chen earned a bachelor's degree in engineering from National Cheng Kung University.
Career
Established in 1977 by Chen, Yageo has grown under his guidance to encompass 47 sales offices, 40 manufacturing facilities, and 20 research and development centers across the globe. Chen has been directly responsible for managing daily operations and steering the company's growth.
In 2021, Forbes placed Chen at number 550 on its global billionaire ranking and listed him as the ninth wealthiest individual in Taiwan.
Art & Wine collection
Since 1976, Chen has been collecting art and wine. His collection features Tamsui, an oil painting by Taiwanese artist Tan Ting-pho from the Japanese colonial era, acquired for $4.5 million (NT$144 million), marking a record price for an oil painting by an ethnic Chinese artist worldwide. The Yageo Foundation administers his art collection.
During 2023 and 2024, Sotheby's conducted auctions of 25,000 bottles from Chen's wine reserves, including their inaugural Champagne-exclusive auction and the first-ever single-owner wine sale in Burgundy.
Personal life
Chen lives in Taipei, Taiwan. He is divorced and has three children.