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September 27, 2017

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First wife to be buried beside tycoon Wang

The China Post news staff--The first wife of the late Formosa Plastics Group founder Wang Yung-ching will be buried right beside him in the family cemetery in New Taipei City's Linkou District, according to Winston Wong, Wang's eldest son.

Wang's first wife, Wang Yueh-lan, died on July 1 at the age of 93.

Wong said the arrangement was the wish of Wang Yueh-lan, who had already made the plan clear while the tycoon was still alive. Wong stressed that she had told him about her wish concerning the arrangement many times in the past.

The son said that Wang Yueh-lan's wish about the burial was written 10 years ago in her will, which is presently being kept by a lawyer, although he himself has not personally read it.

Wong made a visit to his father's tomb and family cemetery located inside one of FPG's sprawling Nan Ya Plastics plants at an industrial park in Linkou yesterday.

He called Wang Yueh-lan the matriarch of the Wang family who had provided the most crucial assistance to her husband when he was struggling to overcome difficulties to establish a financially viable enterprise.

Wong, who was born to Wang Yung-ching's second wife, Yang Chiao, was known to be a close confidante of Wang Yueh-lan, who entrusted him to handle all the wealth she inherited from his father.

He said his father left the family personal assets valued at NT$60 billion and that Wang Yueh-lan was given half of the sum as the first wife.

Wong said that Wang Yueh-lan also instructed him to split half of her inheritance, or NT$15 billion, to the children of the second and third wives.

He said he had already completed the allocation of the wealth as instructed.

At the Wang family cemetery, which occupies an area of 5.04 hectares, Wang Yung-ching was buried at the center with adjacent space reserved in order for his first, second, and third wives as well as for their offspring.

Such an arrangement was already agreed on by all relevant family members in March 2011.

Wang Yung-ching, also known as Y.C. Wang, was one of the most successful self-made entrepreneurs in Taiwan. He built Formosa Plastics into one of Taiwan's biggest conglomerates covering plastics, electronics, and computer industries with the assistance from his younger brother, Wang Yung-tsai.

Wang died in October 2008 at the age of 91.

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