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# 356 Terry Gou $6.78B

Random fact: Borrowed $7,500 from his mother to start his business.


Gou is the founder and largest shareholder of Foxconn Technology Group, the world’s biggest contract assembler of consumer electronics. Its trading unit, Hon Hai Precision Industry, reported revenue of NT$6 trillion ($215 billion) in 2021. Its manufactures components for Kindles, PlayStations as well as Apple's iPhone and iPad.

As of :
Last change +$77.8M ( +1.2%)
YTD change +$268M ( +4.1%)
Biggest asset Cash
Country / Region Taiwan
Age 72
Industry Industrial
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Terry Gou's net worth of $6.78B can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

Latest News

Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:

Gou's wealth is derived from Hon Hai Precision Industry Co, the publicly traded division of Foxconn Technology Group, He owns about 12.6% of the company, according to a November 2022 Taiwan stock exchange disclosure. About a half of his shares are pledged and excluded from the net worth calculation.

Foxconn is the world's largest contract assembler of consumer electronics. Its customers include Apple, Sony, Dell and Microsoft and it has factories and subsidiaries in China, Taiwan, Japan, Southeast Asia, U.S. and Europe.

Gou has a 9.8% stake in Sharp Corporation, according to a September 2022 company filing. He also holds a 9% stake in EirGenix, a New Taipei City-based biopharmaceutical company, through two holding companies according to its Oct. 15, 2021 press release.

The value of his cash investments is based on an analysis of dividends, insider transactions, taxes and market performance.

Wen-min Chu, a spokesman for Foxconn Technology Group, declined to comment on his net worth.


Family: Married, 4 children

Guo was born in 1950, the oldest of three boys in his family. Gou's father had fought with the Kuomintang army in China's civil war and fled along with Chiang Kai-shek to Taiwan in 1949.

At age 23, when Gou was working as a shipping clerk, he gained a firsthand view of Taiwan’s booming export economy and decided to stop pushing paper and start his own business. With a $7,500 loan from his mother, he bought a couple of plastic molding machines and started making channel-changing knobs for black-and-white televisions in 1974. His first major customer was Chicago-based Admiral TV, and he soon got deals to supply RCA, Zenith and Philips (PHG).

Gou (pronounced Gwo) made his first push into the U.S., visiting 32 states in 11 months in the early 1980s. He dropped in on companies unannounced, like a door-to-door salesman, arriving in a “big and safe” Lincoln Town Car he rented in every city. In Raleigh, North Carolina, he booked himself into a motel close to an IBM facility. After three days of hanging around, he got an appointment and came away with a company order for connectors.

After setting up a subsidiary in the U.S. and creating the "Foxconn" brand, Gou opened a factory in Shenzhen, China, as the country was opening up its economy. He paid workers $30 a month, offered them housing and gave them a free breakfast each day, including one egg per person when few people in China could afford them.

Gou sold Hon Hai Precision shares on the Taiwan Stock Exchange in 1991 to fund his expansion mostly into China. Foxconn currently has more than 100 factories and subsidiaries located in China, Taiwan, Japan, Southeast Asia, the U.S. and Europe and it counts almost all the major technology brands as its clients, including IBM Corp., Cisco Systems, Microsoft, Nokia, Sony, Hewlett-Packard and Apple. Foxconn accounted for 5.9 percent of the total trade volume of China in 2011.

In China, 11 workers committed suicide, mostly by leaping off company-owned high-rise dormitories, prompting intense scrutiny of labor conditions by customers, labor activists, the media and the Chinese government in 2010. To combat the negative publicity, Foxconn raised wages, set up counseling centers and even set up nets around its buildings to catch jumpers.

Gou has been married twice. His second wife is Delia Tseng, a dance instructor 24 years his junior who was hired to prepare him for the company’s annual Chinese New Year party, in which he would perform the tango with Taiwanese model Lin Chi-ling. His first wife Serena Lin died of breast cancer on March 12, 2005.

  • 1950 Born in Banqiao District, New Taipei.
  • 1966 Attends Taipei College of Maritime Technology.
  • 1971 Starts first job working for a shipping company.
  • 1974 Co-founds a factory making plastic knobs for TV sets.
  • 1982 Changes company name to Hon Hai Precision Industry.
  • 1985 Establishes U.S. subsidiary and creates Foxconn brand.
  • 1991 Hon Hai becomes a public company in Taiwan.
  • 2002 Opens European headquarters in the Czech Republic.
  • 2005 Foxconn International holds initial public offering in Hong Kong.
  • 2010 Eleven of Foxconn's workers commit suicide.
  • 2012 Buys 8.9% stake in camera maker GoPro
  • 2016 Acquires Japan's Sharp Corp. for $3.5 billion