Pierre Chen built Yageo from a company he started in 1977 into a global electronic-components manufacturer, then compounded the business through public markets, acquisitions and international expansion. [1][2]
Yageo was the business that created his fortune
Forbes says Chen started Yageo in 1977, establishing the electronics-components company that became the principal operating asset behind his wealth. [1]
He took Yageo public sixteen years later, giving the founder's long-held ownership a public-market valuation while retaining his leadership role as chairman. [1]
Yageo expanded from Taiwan into a global passive-components platform serving electronics, automotive and industrial customers through a large manufacturing and research network. [2]
Acquisitions broadened the company beyond its original product base
Under Chen, Yageo continued to expand through transactions including the acquisition of U.S. component maker Kemet and, in 2026, the roughly $700 million acquisition of Japan's Shibaura Electronics. [1]
Chen's fortune therefore traces to founder ownership in a company he started and continued to expand across products and geographies, rather than to an inherited operating business. [1][2]
Sources for background
Sources reviewed Sep 29, 2026.
- Pierre Chen · Forbes · Jun 10, 2026
- Company profile · Yageo
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