Joseph Chung-Hsin Tsai (Chinese: 蔡崇信; Pe̍h-ōe-jī: Chhòa Chông-sìn; born January 1964)[2] is a Taiwanese-Canadian billionaire business magnate, lawyer, and philanthropist.
[6] The Tsai family had escaped to Taiwan as part of the Kuomintang exodus after the communists took over control of mainland China in 1949 during the Chinese Civil War.
[9][4] Tsai became a tax associate at the white-shoe law firm of Sullivan & Cromwell after graduation[10] and was admitted as an attorney to the New York bar on 6 May 1991.
[16][17][18] Tsai exercised that option in August 2019, and at the same time, bought the Nets' arena from Prokhorov for nearly $1 billion in a separate deal.
In January 2019, Tsai headed a group that bought the WNBA's New York Liberty from the Madison Square Garden Company.
Wu also graduated from Stanford University, where she studied international relations, and has an MBA degree from Harvard Business School.
[31] They lived in Hong Kong for over a decade, though now primarily reside in the La Jolla neighborhood of San Diego, California.
On 7 October 2019, Tsai weighed in after Houston Rockets general manager Daryl Morey posted a tweet supporting protesters in Hong Kong.
The center’s mission is to inspire students from diverse backgrounds and disciplines to seek innovative ways to solve real-world problems.
[45] In late March and early April 2020 during the COVID-19 pandemic, the Tsais donated 2.6 million masks, 170,000 goggles and 2,000 ventilators to New York.
[47] In August 2020, the Tsais donated $50 million to social justice and economic equality initiatives to support BIPOC causes.
[48] In late 2020, the Tsais committed to contribute $50 million to Lincoln Center and the New York Philharmonic to facilitate the accelerated acoustical renovation of David Geffen Hall.