Lee Shau Kee Net Worth : $20 Billion
According to Forbes List of the World’s Billionaires, Lee ranks 35th among the world’s billionaires and the 3rd richest person in Hong Kong. He was born in 1928 in Guangdong on mainland China, the son of a gold trader and a money changer.
He then sought greener pastures in Hong Kong in 1948 where he patiently established himself as a real estate mogul. He founded Henderson Land Development Company Limited in 1976 that concentrated mainly on land deals at the time.
However, his strategy of concentrating on the lower end market has paid off and the company now operates both in Hong Kong and mainland China and has six entities: Henderson Land Development Company Limited, Hong Kong Ferry (Holdings) Company Limited, Henderson Investment Limited, The Hong Kong and China Gas Company Limited, Miramar Hotel and Investment Company Limited and the Towngas China Company Limited.
It is easy to see why the man is a billionaire: he is doing everything! His interests are extremely diversified and include the following: investment holding, construction, hotel operation, property development and investment, provision of finance, project and property management, department store operations, infrastructure, production and distribution of gas, sale and distribution of liquefied petroleum gas and natural gas, beverage operations and travel business.
Not one to spend his money alone, Lee established the Lee Shau Kee Foundation that has provided funds to various tertiary level institutions for scholarships and construction/ refurbishment of buildings. He also supports farmers’ vocational training in China.
We know a lot about his money but close to nothing about his personal life. He has five children and six grandchildren three of whom are boys born to his son Peter Lee Ka-kit. The boys are rumored to be their grandfather’s pride and joy.