Taiwan Evergreen Group Late Billionaire Chang Yung-fa (Died 2016 at Age 88) Foundation (Chang Yung-fa Foundation) Files Lawsuit to Claim from $3 Billion Estate after Knowledge of Inheritance Recently Transferred to Executors Joint Account, Evergreen Group Founded in 1975 by Chang Yung-fa, Businesses Include Shipping, Aviation, Industrial & Properties, Chang Yung-fa Pledged to Give All Wealth Away Primarily via Chang Yung-fa Foundation, Chang Yung-fa Has 2 Marriages & 5 Children
8th May 2026 | Hong Kong
Taiwan Evergreen Group late billionaire Chang Yung-fa (Died 2016 at age 88) foundation (Chang Yung-fa Foundation) has filed a lawsuit to claim from $3 billion estate after knowledge of inheritance recently transferred to executors joint account. Evergreen Group was founded in 1975 by Chang Yung-fa. Evergreen Group businesses include shipping, aviation, industrial & properties. Chang Yung-fa had previously announced to pledged to give all wealth away primarily via Chang Yung-fa Foundation. Chang Yung-fa has 2 marriages & 5 children. Chang Yung-fa Foundation (5/5/26, Translated): “The founder of this foundation, Chairman Chang Yung-fa, was also the president of the Evergreen Group. His life can be summarized as “an entrepreneur in the first half of his life, a philanthropist in the second half.” During his lifetime, Chairman Chang often expressed his views on wealth: “Money circulates in the world, not something an individual can possess,” and “The ultimate purpose of a company is to serve the people and give back to society.” Based on this philosophy, Chairman Chang also clearly stated, “It’s enough for my children to have stocks; my money will be donated to the foundation for charitable causes.” Chairman Chang Yung-fa’s historical contributions extend far beyond founding the Evergreen Group. His legacy to Taiwanese society, promoted through the Chang Yung-fa Foundation, yields long-term results in areas such as moral education, the internationalization of folk music, talent cultivation, and support for education in rural areas. In his later years, Chairman Chang devoted himself to philanthropy. In his 2012 autobiography, *Iron Will and a Soft Heart: Chang Yung-fa’s 33 Life Attitudes*, he explicitly stated that he would donate his estate to a foundation for charitable causes after his death. He explained this to reporters at the book’s launch, which received extensive media coverage. Chairman Chang also repeatedly addressed his foundation colleagues, saying, “Even if I am gone one day, the foundation will continue its work. Don’t worry about money; all my money will be left to the foundation.” Even later, on his deathbed, he frequently requested that the foundation’s CEO, Chung Teh-mei, report on the progress of philanthropic work, demonstrating his commitment and emphasis on philanthropy. After Chairman Chang’s passing, the foundation has continued to uphold his legacy and spirit, deepening its work in the philanthropic fields he had already been engaged in, and expanding the scope of its assistance to benefit more people, thus carrying forward Chairman Chang’s philanthropic endeavors. Following Chairman Zhang’s passing, his family has been embroiled in disputes. The foundation has always kept Chairman Zhang’s wishes in mind. Recently, it learned that a certain amount of inheritance has been deposited into the joint account of the executors of the will. In order to fulfill Chairman Zhang’s promise, the foundation has filed a lawsuit against the executors of the will for “gift upon death,” hoping to use the inheritance to help more people in need in society and fulfill Chairman Zhang’s last wishes.”
“ Taiwan Evergreen Group Late Billionaire Chang Yung-fa (Died 2016 at Age 88) Foundation (Chang Yung-fa Foundation) Files Lawsuit to Claim from $3 Billion Estate after Knowledge of Inheritance Recently Transferred to Executors Joint Account, Evergreen Group Founded in 1975 by Chang Yung-fa, Businesses Include Shipping, Aviation, Industrial & Properties, Chang Yung-fa Pledged to Give All Wealth Away Primarily via Chang Yung-fa Foundation, Chang Yung-fa Has 2 Marriages & 5 Children “
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Taiwan Evergreen Group Late Billionaire Chang Yung-fa (Died 2016 at Age 88) Foundation (Chang Yung-fa Foundation) Files Lawsuit to Claim from $3 Billion Estate after Knowledge of Inheritance Recently Transferred to Executors Joint Account, Evergreen Group Founded in 1975 by Chang Yung-fa, Businesses Include Shipping, Aviation, Industrial & Properties, Chang Yung-fa Pledged to Give All Wealth Away Primarily via Chang Yung-fa Foundation, Chang Yung-fa Has 2 Marriages & 5 Children
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