Luo Jye: Luo Jye Net Worth, Biography, Age, Spouse, Children & More

About Luo Jye

Taiwanese billionaire Luo Jye, the visionary founder of Cheng Shin Rubber, the powerhouse in the tyre industry, passed away at 94 on March 15, 2019. Born in 1925, Luo Jye established Cheng Shin Rubber in 1967, profoundly impacting tire manufacturing. In January 2015, he handed the reins to his son, Lo Tsai-jen, ensuring the legacy's continuity. At the time of the transition, Forbes estimated Luo's net worth at an impressive US$4.2 billion. Luo Jye, survived by his four children, was a respected resident of Dacun, Changhua, Taiwan, cementing his status as a pivotal figure in the global business arena.

Born

October 06, 1925 in Inrin District, Taichk Prefecture, Japanese Taiwan

Died

March 15, 2019 (aged 93)

Source Of Wealth

Tires

Industries

Automotive

Citizenship

Taiwan

Children

4, including Lo Tsai-Jen

Luo Jye was born in 1925 in Dacun, Changhua, Taiwan. Not much is known about his early life and childhood.

Luo Jye: Family

Luo Jye had four children. His son, Lo Tsai-jen, took over the control of Cheng Shin Rubber in January 2015.

Luo Jye: Career Highlights

Luo Jye founded Cheng Shin Rubber in 1967. Under his leadership, the company grew into one of the largest tire manufacturers in the world. He passed control of the company to his son in January 2015.

Luo Jye: Companies

Luo Jye was the founder and chairman of Cheng Shin Rubber, also known as Maxxis International.

Luo Jye: Major Achievements

Luo Jye is credited with transforming Cheng Shin Rubber from a small local company into a global tire manufacturing giant. He also played a significant role in the development of Taiwan's tire industry.

Luo Jye: Awards & Achievements

Luo Jye received numerous awards and recognitions for his contributions to the tire industry and the economy of Taiwan.

Luo Jye: Personal Life & Legacy

Luo Jye was known for his humble and down-to-earth personality. He was also a philanthropist and donated generously to various charitable causes. He passed away on 15 March 2019 at the age of 94.

Luo Jye: Trivia

Luo Jye's net worth was estimated to be US$4.2 billion as of January 2015, according to Forbes.

Wealth History

Timeline

1925

Luo Jye was born.

1967

Luo Jye founded Cheng Shin Rubber.

January 2015

Luo Jye passed control of Cheng Shin to his son, Lo Tsai-jen.

March 15, 2019

Luo Jye died at the age of 94.

Luo Jye : FAQs

What is Luo Jye's net worth?

As of 2019, Luo Jye's net worth was $2.90 billion.

What are Luo Jye's main sources of wealth?

Luo Jye's main source of income comes from Tires.

In which industry does Luo Jye primarily operate?

Luo Jye is primarily involved in the Automotive industry.

Is Luo Jye dead?

Yes, Luo Jye died on March 15, 2019 (aged 93).

How many children does Luo Jye have?

Luo Jye has 4 children.

Who was Luo Jye and why was he famous?

Luo Jye was a Taiwanese billionaire known for being the founder of Cheng Shin Rubber, one of the leading tire manufacturers globally.

When did Luo Jye found Cheng Shin Rubber and what role did the company play?

Luo Jye founded Cheng Shin Rubber in 1967, and it played a significant role in the tire manufacturing industry, becoming one of the largest and most prominent companies in its field.

How did Luo Jye's family continue his legacy in Cheng Shin Rubber?

Luo Jye passed control of Cheng Shin Rubber to his son, Lo Tsai-jen, in January 2015, ensuring the company remained in family hands.

When did Luo Jye pass away and how is he remembered?

Luo Jye passed away on 15 March 2019 at the age of 94. He is remembered as a pioneering entrepreneur in the tire industry and a significant figure in Taiwan's business history.