Lee Shau-kee

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Not to be confused with Lee Siu-Kei, an actor, whose Chinese name is identical.
The Honourable
Lee Shau-kee

GBM
LEE Shau Kee.JPG
Born (1928-01-29) 29 January 1928 (age 88)
Shunde, Guangdong, China
Citizenship Hong Kong
Occupation Founder, Chairman, managing director of Henderson Land Development Company Limited
Chairman of Hong Kong and China Gas Company Limited
Chairman of Miramar Hotel
Vice-Chairman Independent non-executive director of Sun Hung Kai Properties
Member of board of directors of Hong Kong Ferry (Holdings) Limited
Net worth Increase US$23.3 billion (June 2016)[1]
Spouse(s) Lau Wai-kuen (divorced)
This is a Chinese name; the family name is Lee.

Lee Shau-kee GBM (Chinese: ; born 29 January 1928 in Shunde, Guangdong, China) is a Hong Kong-based real estate tycoon and majority owner of Henderson Land Development, a property conglomerate with interests in properties, hotels, restaurants and internet services. As of October 2012 according to the Bloomberg Billionaires Index Lee is listed as the 19th richest person in the world.[2] His personal wealth is estimated to be $24 billion and ranked as the second wealthiest man in Hong Kong after Li Ka Shing.[3]

He was the 4th world richest person in world before the handover of HK in 1997.[4] Since 2006, Lee has accrued substantial profits from his holdings of Mainland-controlled stocks. This return on investment has earned him nicknames including "Hong Kong's Buffett" (香港巴菲特) and "Asia's Master of Stock" (亞洲股神). He is also affectionately known as "Uncle Four", one of the very few fourth-born children in the world to have become a multi-billionaire.[5]

Philanthropy[edit]

Lee is one of the main sponsors of the HKICC Lee Shau Kee School of Creativity, having donated more than HK$20 million through the Lee Shau Kee Foundation.[6]

In 2015, Lee donated a site in Yuen Long to charity organisation Po Leung Kuk for developing Hong Kong's biggest youth hostel. Lee announced that the units would be leased to young people between the ages of 18 and 30 at half the market rate.[7]

Other than public philanthropy, Lee has given his Henderson Land staff cash gifts to celebrate the birth of four of his grandchildren, in amounts totalling HK$60 million over a nine-year period.[8]

Current positions[edit]

Family[edit]

He has five children, amongst which are elder son Peter Lee Ka-kit and Martin Lee Ka-shing, and eight grandchildren.[9][5]

See also[edit]

References[edit]

  1. ^ The World's Billionaires
  2. ^ "Bloomberg Billionares Index". Bloomberg LP. Retrieved 1 December 2012. 
  3. ^ Lee Shau Kee – Forbes, Forbes.com. Retrieved May 2012.
  4. ^ http://english.cntv.cn/program/newshour/20120626/113531.shtml
  5. ^ a b [1], South China Morning Post. Retrieved December 2015.
  6. ^ HKICC Lee Shau Kee School of Creativity "Main sponsor / personMain sponsor / person", HKICC Lee Shau Kee School of Creativity, 26 October 2010
  7. ^ [2] Lee Shau Kee donates site to youth hostel
  8. ^ http://www.scmp.com/news/hong-kong/economy/article/1864594/hong-kong-tycoon-lee-shau-kee-hands-out-hk15-million-birth
  9. ^ Top 10 richest Chinese in the world

External links[edit]

Order of precedence
Preceded by
David Li
Recipient of the Grand Bauhinia Medal
Hong Kong order of precedence
Recipient of the Grand Bauhinia Medal
Succeeded by
Andrew Li
Recipient of the Grand Bauhinia Medal