He’s considered to be the son ofTsai Wan-lin, the guy behind the founding ofCathay Life Insurance. Eventually, the business evolved into a powerhouse. In 2004, Tsai Wan-lin died, but he died as Taiwan’s richest man. There are claims that T.Y. Tsai is attempting to build and create a real estate empire. He’s proven to have an impressive number of art and automobiles. Forbes maintained that Tsai is currently married and has one child.