GettyBillionaire Terry Gou, chairman of the world’s largest contract assembler of consumer electronics, said Wednesday he wants to run for president of Taiwan next year. A bid for the presidency for the 68-year-old chairman would mark the first in Taiwan for a major business leader. Taiwan’s current president Tsai Ing-wen came to power in 2016. With a net worth currently estimated at $7.8 billion, Gou is Taiwan's wealthiest person and his candidacy has already raised awareness of the upcoming polls and excited many voters, while also raising important questions, Taiwan's political observers say. Foxconn has 12 factories in nine Chinese cities that are expected to vex Gou during a presidential campaign and longer if he were elected.

Source: Forbes April 18, 2019 15:11 UTC