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The Times of India

World

TOI World Desk

Taiwan billionaire’s $3 billion estate sparks fresh family inheritance battle

EverGreen Taiwan Aviation

Taiwanese billionaire Chang Yung-fa, the founder of the Evergreen shipping and aviation empire, left behind a fortune estimated at more than $3 billion when he died in 2016. Nearly a decade later, his estate remains at the centre of a legal dispute involving his family and a charitable foundation he established. The Chang Yung-fa Foundation is now seeking money from the estate, arguing that the late businessman had promised to leave his wealth to charitable causes. Its claim has reopened a long-running inheritance battle despite a court ruling that upheld his will.

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