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Albert Yeung – Billionaire

Albert Yeung (Chinese: 楊受成; born Yeung Sau Shing; 1943), is a Hong Kong business magnate. He is now the Chairman of Emperor Group.

Early years

Albert Yeung was born in Hong Kong in 1943 and traces his root to Teochew (Chaozhou), Guangdong, China. His father, Mr Yeung Shing, opened a watch shop named “Shing On Kee Watch Shop” in 1942, setting the business foundation. In the 1960s his father lent him 200,000 yuan to start his watch business. In 1964, he opened his own watch shop, “Observatory Watch & Jewelery” on Nathan Road, Kowloon.

Two years after he opened his first shop, he obtained the distribution rights of Rolex and Omega watches and expanded his business to jewellery in 1966 and later on to other ventures. He was soon successful and became known as the “King of clocks and watches” (鐘錶大王).

Business career

Yeung is the founder and chairman of the Emperor Group, a diversified group of listed companies that includes financial services, property, watch and jewellery, entertainment and films, hospitality, publishing and printing, furniture as well as catering.

Family background

Yeung has two sons and three daughters. His two sons and two eldest daughters are also involved in business.

Source:wikipedia

 

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