iPhone Billionaire Enters Taiwan Politics as Wealth Declines
- Terry Gou’s net worth dropped 38% to $4.5 billion since 2017
- Foxconn iPhone assembly made Gou Taiwan’s third-richest man
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Foxconn Group Founder Terry Gou is aiming for the highest job in Taiwan just as his net worth, built on assembling iPhones for Apple Inc., fell to the lowest in more than six years.
That’s not to say Gou, whose listed companies include Hon Hai Precision Industry Co., FIH Mobile Ltd. and Japan’s Sharp Corp., is a pauper. His fortune is about $4.5 billion, ranking him No. 3 in Taiwan, according to the Bloomberg Billionaires Index.