Taipan (corporate title)

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Template:Use British English A taipan (Template:Zh,[1] literally "top class"[2]), sometimes spelled tai-pan, is a foreign-born senior business executive or entrepreneur operating in mainland China or Hong Kong. The term Taipan also refers to the mixed political and business oligarch families in Philippines who control the politics and own the various businesses.[3]

History

In the nineteenth and early twentieth centuries, taipans were foreign-born businessmen who headed large hong trading houses such as Jardine, Matheson & Co., Swire and Dent & Co., amongst others.Script error: No such module "Unsubst".

The first recorded use of the term in English is in the Canton Register of 28Script error: No such module "String".October 1834.[4] Historical variant spellings include taepan (first appearance) and typan.[4]

Politico-business oligarchs in Philippines

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The term also refers to the Chinese-Filipino business oligarchs and business families who own or have involvement in various businesses in the Philippines and are the powerful billionaire-founders of Chinese-Filipino business empires. Examples of taipans are: The López family of Iloilo of Lopez Holdings Corporation; the late Henry Sy of SM Investments; National Grid Corporation of the Philippines (NGCP) vice-chairmen Henry T. Sy Jr. and Robert Coyiuto Jr.; Ramon Ang of San Miguel Corporation; and Lucio Tan of Philippine Airlines.[3]

In popular culture

The term gained wide currency outside China after the publication of Somerset Maugham's 1922 short story "The Taipan" and James Clavell's 1966 novel Tai-Pan, and was film adapted in 1986, directed by Daryl Duke.

The term was used to describe the protagonist's family in Empire of the Sun.

Notable taipans

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See also

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References

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  1. Andrew J. Moody, "Transmission Languages and Source Languages of Chinese Borrowings in English", American Speech, Vol. 71, No. 4 (Winter, 1996), pp. 414–415.
  2. 汉英词典 — A Chinese-English Dictionary 1988 新华书店北京发行所发行 (Beijing Xinhua Bookshop).
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  4. a b Oxford English Dictionary (2nd edn, 1989).
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