Andrew Oung

Quick Facts

Full Name	Andrew Oung
Occupation	Former Member Of The Legislative Yuan
Date Of Birth	Jun 4, 1950(1950-06-04)
Age	74
Date Of Death	March 6, 2015, Taipei City, Taipei, Taiwan
Birthplace	Ningbo
Country	China
Birth City	Zhejiang
Horoscope	Gemini

Andrew Oung Biography

Andrew Oung is one of the most popular and richest Former Member Of The Legislative Yuan who was born on June 4, 1950 in Ningbo, Zhejiang, China.

Oung’s father founded Hualon Textile [zh] in 1967. At the height of his business career, Andrew Oung was responsible for nearly a third of all trading on the Taiwan Stock Exchange. In 1992, Oung was jailed in an insider trading and price manipulation scandal, in part because the $22 million Hualon planned on investing in the stock market were never paid. Oung was one of 38 people charged in the scandal. He sought a seat in the Legislative Yuan later that year, hoping to secure political immunity and won as an independent. However, the debts continued growing. When Oung declared bankruptcy in 1994, he owed various creditors over $152 million. He was again sent to prison in 2010 for fraud leading to the bankruptcy proceedings. Oung served over half of a two- year sentence before being paroled in 2011. The next year, former employees at Hualon’s Toufen factory organized protests, alleging that they were owed $22 million in lost wages and pensions due to Hualon’s bankruptcy.

In 2014, James and Andrew’s acquisition of Paladin was challenged by their nephew, the former CEO of Paladin.

Andrew Oung Net Worth

Andrew Oung is one of the richest Former Member Of The Legislative Yuan from China. According to our analysis, Wikipedia, Forbes & Business Insider, Andrew Oung 's net worth $5 Million. (Last Update: December 11, 2023)

Andrew Oung (4 June 1950 – 6 March 2015) also known by his Chinese name Oung Ta-ming, was a Taiwanese businessman whose family ran the Hualon Textile Corporation. Oung served in the Legislative Yuan from 1993 to 1996.

Height, Weight & Body Measurements

Andrew Oung height Not available right now. Armand weight Not Known & body measurements will update soon.

Who is Andrew Oung Dating?

According to our records, Andrew Oung is possibily single & has not been previously engaged. As of December 1, 2023, Andrew Oung’s is not dating anyone.

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Facts & Trivia

Armand Ranked on the list of most popular Former Member Of The Legislative Yuan. Also ranked in the elit list of famous people born in China. Andrew Oung celebrates birthday on June 4 of every year.