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Lee Shau-kee – Billionaire

LEE Shau Kee.JPG

Lee Shau-kee GBM (Chinese: 李兆基; born 7 March 1929 in Shunde, Foshan, 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. His personal wealth is estimated to be $24 billion and ranked as the second wealthiest man in Hong Kong after Li Ka Shing.

He was the 4th world richest person in world before the handover of HK in 1997. 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.

Philanthropy

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.

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.

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.

Lee Shau Kee Net Worth: Lee Shau Kee is a real estate mogul from Hong Kong who has a net worth of $24 billion. Born in Shunde, Guangdong, China, in 1928, Lee Shau Kee is the majority owner of Henderson Land Development, a Hong Kong-based company that works in property development, management, and construction. Henderson Land Development is Hong Kong’s third biggest real estate developer. He serves as the company’s founder, chairman, and managing director. Kee is also the chairman of Hong Kong and China Gas Company Limited and Miramar Hotel and Investment. He sits on the board of directors of Hong Kong Ferry Limited and The Bank of East Asia Limited. In 2012, he was considered to be among the 20 richest people in the world by the Bloomberg Billionaires Index and the second richest man in Hong Kong behind fellow businessman and investor Li Ka Shing. Kee has earned several business-related nicknames, including Uncle Four, Asia’s Master of Stock, and Hong Kong’s Buffett. Kee is involved in several charities and donated more than 20 million HK to the HKICC Lee Shau Kee School of Creativity. He has five children and more than a handful of grandchildren. Kee is divorced from his wife, Lau Wai Kuen. Net Worth details: Lee Shau Kee holds a 72 percent stake in the publicly traded property developer Henderson Land Development. He is also a 2 percent owner of Sun Hung Kai Properties as well as a 23 percent owner of Sunlight Real Estate Investment Trust, and also owns less than 1 percent of Hong Kong Ferry, which are all held through Henderson Land Development.

Source:

  1. wikipedia
  2. celebritynetworth

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