Kenneth Lo (businessman)
Kenneth Lo | |
|---|---|
| Born | October 1938 (age 85) |
| Nationality | Hong Kong |
| Citizenship | United Kingdom [1] |
| Occupation(s) | Chairman, Crystal Group |
| Spouse | married |
| Children | 4, including Andrew Lo |
| Relatives | Law Kar Po (brother) |
Kenneth Lo (born October 1938) is a Hong Kong billionaire businessman, chairman of the clothing manufacturer Crystal Group.
Early life
Kenneth Lo was born in mainland China in October 1938, the oldest son of Hong Kong businessman Law Ting Pong, also in the textiles industry.[2][3][4][5] Lo and his family moved to Hong Kong when he was young, initially living in a refugee camp, where they survived off of meal coupons from the United Nations.[5]Lo began working in his parents' garment factory at age 14.[5]
His younger brother is fellow billionaire Law Kar Po.[1]
Career
Lo's Crystal Group, which he established in 1970 with his wife, employs over 48,000 people in 20 locations and has an annual turnover of over US$1.6 billion.[6][1] The company began as a small sweater factory, but now manufactures clothes for major brands such as H&M, Levi's, and Marks & Spencer.[3] Lo stepped down from day-to-day operations in 2008, but remains involved with the company.[5]
As of May 2018, Forbes estimated his net worth at US$2.9 billion.[1]
Personal life
He has four children[7] and his son, Andrew Lo, is CEO of Crystal Group.[8]
References
- ^ a b c d e "Kenneth Lo". Forbes. Retrieved 2 May 2017.
- ^ "Lok Fung Kenneth LO - Personal Appointments (free information from Companies House)". Beta.companieshouse.gov.uk. Retrieved 26 January 2017.
- ^ a b "EOY China 2014 Consumer Products Category Winner".
{{cite web}}: Cite has empty unknown parameter:|dead-url=(help) - ^ "Wearing a private label". South China Morning Post. Retrieved 14 May 2018.
- ^ a b c d "Crystal founder looks to triple staff and revenue". South China Morning Post. Retrieved 14 May 2018.
- ^ "Introduction". Crystal Group. Archived from the original on 7 December 2015. Retrieved 22 October 2015.
{{cite web}}: Unknown parameter|deadurl=ignored (|url-status=suggested) (help) - ^ "Forbes". Retrieved 20 February 2017.
- ^ "Speaking with style: Andrew Lo, CEO, Crystal Group". just-style. Retrieved 22 October 2015.