Updated
Updated · Bloomberg · May 6Chang Yung-fa Foundation seeks share of billionaire's estate
3 articles · Updated · Bloomberg · May 6
- The foundation said the estate exceeds $3 billion and that part of it was recently transferred into the executors' joint account in Taiwan.
- It said the transfer has reignited a long-running inheritance dispute over the assets of Evergreen shipping and aviation empire founder Chang Yung-fa.
- The move opens a new front in the family feud over the late tycoon's fortune, with the foundation now asserting its claim publicly.
As billionaire inheritance battles surge, could Evergreen's family dispute set a new global precedent? Can a foundation legally reclaim billions that estate executors moved into their own joint account? When a founder's will is contested, who truly controls the corporate empire left behind?