Forbes
Date: Sep 13, 2019
By: Ralph Jennings, Contributor 

Foxconn’s billionaire founder Terry Gou said on Thursday that he is leaving the opposition Kuomintang party, fueling speculation that he might run for president as an independent candidate in next year’s election.

Gou's aide, Tsai Chin-yu, told reporters, “The KMT puts party interests ahead of national interests, which goes completely against Mr. Gou’s original intention to return to the party.”

After decades spent building Foxconn into the world’s biggest contract assembler of consumer electronics including iPhones, Gou stepped down as chairman in June to contest the KMT’s nomination for president in the January 2020 election. But the party instead nominated Han Kuo-yu, the mayor of Kaohsiung, in July.

Despite his estimated wealth of $6.6 billion, the 68-year-old business legend is finding the transition to becoming a presidential candidate a formidable challenge.    [FULL  STORY]