2008年10月22日 星期三

Taiwanese tycoon Wang Yung-ching dies

My Reactions:
Taiwan lost a respected and influential figure Wang Yung-Ching on October 16. Wang , with a personal fortune of 60 billion U.S. dollars listed by Forbes as the world’s 178th richest man and the third richest in Taiwan, passed away in his sleep in New Jersey during a business tour to the United States. He founded the Formosa Plastics and eventually built Asia’s biggest petrochemical empire. He played an important role in Taiwan’s economic development.

Besides Wang Yung-Ching is known as the “God of Management” in Taiwan, his success in business is a story told in a positive way by people for few decades. I have heard about Wang Yung-Ching since I was an elementary student. I was impressed at his wealth and effort. At that time, when the kids asked their parents to buy something for them, the parents would say “I am not Wang Yung-Ching”. School teachers also mentioned to the students that how did Wang start his first business, a small rice store, when he was a teenager. People were encouraged at his success. Mr. Wang is not only a business man, but also a philanthropist. For example, he donated big money to the victims of the earthquake, constructed hospitals for patients, and built schools for students.

Wang Yung-Ching lived a long life, when he passed away at the age of 92. We might learn from him that how to keep healthy. I think a lot of Taiwanese remember that Mr. Wang went jogging in his company, the Formosa Plastics, sport almost every year when he was still alive.

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