Chavalit Frederick Tsao Chairman, Association for Well-being Economy Chairman, TPC (Tsao Pao Chee) Chairman of the Council of Wisdom, Family Business Network International (FBNI) GAEA Global Wealth Steward for Well-being Chavalit Frederick Tsao is the fourth-generation steward of TPC (Tsao Pao Chee), a family business with over 120 years of history, established in the late 1800s during the Qing dynasty. Born in Hong Kong, Chavalit completed his education at the University of Michigan and joined the family business at the age of 20. He was appointed Chairman at the age of 37. Chavalit advocates the belief that businesses should be purpose-led, beyond merely making a profit. This belief forms the core of his efforts to transform his family business with a new mission: “To Serve Well-being of Life and Create Wealth at the Same Time.” Chavalit’s background and experience provide him with unique insights into global sustainability challenges. He has discovered that at the heart of sustainability lies the principle of oneness. Humanity's fundamental purpose, he believes, is to "Add Value to Life." His vision is of a new era of well-being, where businesses take the lead in building a global economy centred on well-being and happiness. Chavalit has authored four books, including his latest, Impact Investing for Life Flourishing, a call to action for businesses to collaborate and invest their resources to positively influence the well-being of all life. He has commissioned research and published over 35 Chinese books. |