He was head of the CNAIC for 33 years, before ceding the post to Jeffrey two years ago. (Jeffrey beat out food tycoon Kao Chin-yen of the President Group for the job.) Chen-fu is also chairman of the Straits Exchange Foundation, the semi-official organization that handles cross-strait negotiations.

CNN: TYCOONS

You can go back and look at a chart and see every time there is a huge Japanese currency yen move that there is a rippling effect and those that take it on the chin are usually those that invested in stocks and emerging markets.

FORBES: Interview: Want A Read On Emerging Market Gold? Follow the Japanese -- Frank Holmes