NEWARK, New Jersey: Nine half-siblings fathered by one of the world's richest men are vying in a New Jersey court to inherit his billions because he left no will.
At issue is which of Wang Yung-ching's heirs should be named administrator of his $5.5 billion fortune and whether New Jersey is the right jurisdiction.
The Taiwan-born Wang built Formosa Plastics Group into a multinational conglomerate with U.S. headquarters in Livingston, New Jersey.
He died last year in New Jersey at age 91.
His frail, elderly wife could inherit his fortune.
The lawyer for oldest son Winston Wong argues the tycoon's wife chose his client to be her guardian.
The judge said Thursday he needs more information before ruling.
Wang was born to an impoverished tea farming family in Taiwan when it was a Japanese colony.
He went on to build the Formosa Plastics Group into a multinational conglomerate with U.S. headquarters in Livingston, New Jersey.
In 2008, Forbes magazine estimated his personal fortune at $5.5 billion.
None of the children are from Wang's wife of more than 70 years.
Family ties are established in Taiwan through something called "household registration," which is the prevailing legal document. - AP
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