Richard Tsai was bornon 1957 in Taipei, Taiwan, Taiwan. Richard Tsai is #709 in List Billionaires People In The World. With billionaire brother Daniel, Tsai leads Fubon Financial Holdings, the family's flagship company, with interests in banking, insurance and securities. Brothers are also investors in Taiwan Mobile, a mobile phone service provider, and momo.com, a home shopping and e-commerce business. Cousins Tsai Hong-tu, Tsai Cheng-da and T.Y. Tsai are also billionaires.