THE APPLE CORPS
Partnering with the Cupertino colossus has done wonders for Taiwanese suppliers—and plenty of others, too.
The people getting rich off Apple. Plus: Taiwan’s ten richest people.
IN MID-JUNE, Apple CEO Tim Cook tweeted a photo of the company’s soon-to-open store in Taipei. The shop is the first of its kind in Taiwan, but Apple has already made a substantial impact on the island nation. Long open to foreign investment, Taiwan has years of experience working with tech giants even as Johnnycome-lately China attempts to woo them away.
Eleven of Taiwan’s richest tycoons owe significant portions of their wealth to Apple, but they’re not the only ones who benefit from a partnership with the world’s most valuable public company. Shown at right are the key entrepreneurs whose fates are most closely tied to Apple’s. Such symbiosis is propitious in a year like the 12 months just past, in which Apple shares jumped by more than 50% to their all-time high. For the most part, its partners’ shares followed suit.
Listed at far right are Taiwan’s ten wealthiest people across all industries—proof positive that despite its small population (just 23 million) and its 800-pound foe just across the Taiwan Strait, the country ranks among the globe’s economic giants. Per capita, Taiwan’s GDP is north of $22,000 a year—two and a half times that of China. For more, please see forbes.com/taiwan.