Ho Ying-chie

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Ho Ying-chie
Born(1911-06-08)June 8, 1911
DiedJanuary 21, 2000(2000-01-21) (aged 88)
NationalityChinese 1911-1948, 1997-2000
Occupationbusinessman
Years active1931-2000
Known forHong Kong Tobacco

Ho Ying-chie (simplified Chinese: 何英杰; traditional Chinese: 何英傑, 8 June 1911 – 21 January 2000) was a Hong Kong businessman and philanthropist.[1] He made a fortune as chairman of Hong Kong Tobacco.

Born in 1911 in Pudong, Shanghai, Ho initially set up a printing factory at the age of 20, and invested the profits in a tobacco business.[2] He reportedly abandoned this operation in 1948 and emigrated to Hong Kong.[3]

In 1962, three directors and the chief accountant of Hong Kong Tobacco were charged with tax evasion. Ho Ying-chie was charged with assisting the company to evade profit tax and keeping falsified records. Ho's son, Ho Kwan-king, was also charged.[4] On 15 February 1962, the four pleaded guilty in Victoria District Court.[3] Ho was sentenced to a fine of HK$10,000.[5]

He supported various charitable causes including Project Orbis. In July 1996, Ho donated HK$100 million to aid flood victims in China.[6]

Ho died on 21 January 2000 at the Hong Kong Sanatorium aged 89.[2][6]

Family

Ho's grandchildren include Charles Ho (born 1949) and Canadian based David Ho (born 1953).

References

  1. ^ 忆香港神密善长何伯 [Remembering Hong Kong's mysterious philanthropist "Uncle Ho"]. 中国新闻网 [China News Network] (in Chinese (China)). China News Service. February 2000. Archived from the original on 5 June 2000.
  2. ^ a b Cheung, Chi-fai (27 January 2000). "Tributes flow for modest tycoon". South China Morning Post. p. 3.
  3. ^ a b "PROFIT TAX EVASION CHARGE: Tobacco Company Officials Plead Guilty". South China Morning Post. 16 February 1962. p. 7.
  4. ^ "COMPANY OFFICIALS SUMMONED: Alleged Offences Pertaining To Evasion Of Profit Tax". South China Morning Post. 14 February 1962. p. 9.
  5. ^ "Company Officials Fined Nearly $1,000,000 For Tax Evasion". South China Morning Post. 21 February 1962. p. 10.
  6. ^ a b Lewis, Tommy (22 January 2000). "Tobacco tycoon dies at 89". South China Morning Post. p. 1.