How rich is Terry Gou?
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It’s the biggest such electronic equipment manufacturing services business on the planet, with factories in a number of states, mainly in mainland China, where it employs 1.2 million individuals and is its biggest exporter.
In 1988 he started his first factory in mainland China, in Shenzhen, where his biggest factory continues now. Businesses in China took on a giant measurement when Gou vertically incorporated the construction procedure and facilities for workers. The production site became a campus that contained home, dining, and medical care for the workers, as well as chicken farming to replenish the cafeteria. In 1996, Hon Hai began assembling chassis for Compaq desktop computers. From this turning point, he developed other customers for constructing the bare bones chassis including HP, IBM, and Apple, and also would continue to grow into a consumer electronics giant within years. Gou attracted controversy when remarks he made during a board meeting about workers were interpreted into English as “Hon Hai has a work force of over one million world-wide and as human beings can also be creatures, to manage one million creatures gives me a head ache.” Through Foxconn, Gou would protest the translation was lousy and took his remarks out of context.