Lee Shau-kee
GBM (; born 7 March 1928 in
Shunde
Shunde District, also known as Shuntak, is a district of the city of Foshan, Guangdong province, located in the Pearl River Delta. It had a population of 2,464,784 as of the 2010 census. Once a traditional agricultural county, it has become one ...
,
Guangdong
Guangdong (, ), alternatively romanized as Canton or Kwangtung, is a coastal province in South China on the north shore of the South China Sea. The capital of the province is Guangzhou. With a population of 126.01 million (as of 2020) ...
, China) is a
Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...
business magnate, investor, and philanthropist.
He is a real estate tycoon and majority owner of
Henderson Land Development
Henderson Land Development Co. Ltd. () is a listed property developer in Hong Kong and a constituent of the Hang Seng Index. The company's principal activities are property development and investment, project management, construction, hotel oper ...
, a property conglomerate with interests in property, hotels, restaurants and internet services. In 2019, aged 91, Lee stepped down as chairman and managing director of the company, in favour of two of his sons, Peter and Martin Lee. He retains a role as an executive director.
His personal wealth is estimated to be US$33.0 billion as of July 2021, making him the second wealthiest man in Hong Kong (behind
Li Ka-shing
Sir Ka-shing Li (; born 13 June 1928) is a Hong Kong billionaire business magnate, investor, and philanthropist. As of June 2019, Li is the 31st richest person in the world, with an estimated net wealth of US$33.4 billion. He is the senior ad ...
), and the 43rd richest in the world. Before the
handover of Hong Kong
Sovereignty of Hong Kong was transferred from the United Kingdom to the China, People's Republic of China (PRC) at midnight on 1 July 1997. This event ended 156 years of British rule in the British Hong Kong, former colony. Hong Kong was establ ...
in 1997, he was the fourth-richest person in world.
Since 2006, Lee has accrued profits from his holdings of
Mainland
Mainland is defined as "relating to or forming the main part of a country or continent, not including the islands around it egardless of status under territorial jurisdiction by an entity" The term is often politically, economically and/or dem ...
-controlled stocks. He is also known as "Uncle Four", one of the very few fourth-born children in the world to have become a multi-billionaire.
South China Morning Post. Retrieved December 2015.
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 2007, he donated HK$500 million to the
University of Hong Kong
The University of Hong Kong (HKU) (Chinese: 香港大學) is a public research university in Hong Kong. Founded in 1887 as the Hong Kong College of Medicine for Chinese, it is the oldest tertiary institution in Hong Kong. HKU was also the fi ...
and HK$400 million to the Hong Kong University of Science and Technology.
In 2015, Lee donated a site in
Yuen Long
Yuen Long is a town in the western New Territories, Hong Kong. To its west lie Hung Shui Kiu (), Tin Shui Wai, Lau Fau Shan and Ha Tsuen, to the south Shap Pat Heung and Tai Tong, to the east Au Tau and Kam Tin (), and to the north Nam Sang W ...
to charity organisation
Po Leung Kuk
The Po Leung Kuk, founded as the Society for the Protection of Women and Children, is a charitable organisation in Hong Kong that provides support for orphaned children, education and other services.
History
In the late 19th century, abd ...
for it to develop 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.
In May 2018, Lee donated HK$100 million to
Hang Seng Management College
Hang or Hanging may refer to:
People
* Choe Hang (disambiguation), various people
* Luciano Hang (born 1962/1963), Brazilian billionaire businessman
* Ren Hang (disambiguation), various people
Law
* Hanging, a form of capital punishment
Arts, e ...
supporting its strategic development.
Current positions
*Founder, ex-Chairman and managing director, of
Henderson Land Development
Henderson Land Development Co. Ltd. () is a listed property developer in Hong Kong and a constituent of the Hang Seng Index. The company's principal activities are property development and investment, project management, construction, hotel oper ...
*ex-Chairman of
Hong Kong and China Gas
The Hong Kong and China Gas Company Limited, doing business as Towngas, is the sole provider of towngas in Hong Kong. Founded in 1862, it is one of the oldest listed companies in the territory.
History
In February 1862, the concession to su ...
*ex-Chairman of
Miramar Hotel and Investment
Miramar Hotel and Investment Company Limited (Miramar Group) () () is a group with a diversified service-oriented business portfolio comprising hotels and serviced apartments, property rental, food and beverage, and travel services in Hong Kong a ...
*Vice-Chairman and independent non-executive director of
Sun Hung Kai Properties
Sun Hung Kai Properties Limited (SHKP; ) is a listed corporation and the largest property developer in Hong Kong as of 2019. The company is controlled by the Kwok family trust, largely the Kwok brothers. The Kwok family trust was set up by Kw ...
*Member of board of directors of
Hong Kong Ferry (Holdings) and the
Bank of East Asia
The Bank of East Asia Limited, often abbreviated to BEA, is a Hong Kong banking and financial services company, headquartered in Central, Hong Kong. It is currently the largest independent local Hong Kong bank, and one of two remaining family ...
*Named as part of
Peter Storrie
Peter Storrie (born 7 November 1952) is the Executive Vice-Chairman of A-League club Central Coast Mariners. He was also a former director and Chief Executive Officer of English team Portsmouth, and had formerly worked for West Ham United, Southen ...
's consortium to buy
Portsmouth Football Club
Portsmouth Football Club is a professional football club based in Portsmouth, Hampshire, England, which compete in . They are also known as ''Pompey'', a local nickname used by both HMNB Portsmouth and the city of Portsmouth; the ''Pompey'' nick ...
Names revealed behind Portsmouth chief Storrie's consortium
Tribal Football, 2009
Family
Lee has five children, including elder son Peter Lee Ka-kit
Peter Lee Ka Kit (born May 20, 1963), Justice of the Peace, Gold GBS Bauhinia Star winner, co-chairman of Henderson Land Development and Hong Kong and China Gas Company, Ltd., is the elder son of Dr. Lee Shau Kee, the 24th on the list of For ...
and younger son Martin Lee Ka-shing
Martin Lee Ka-shing (born 1971) is the co-chairman of Henderson Land Development, a property developer in Hong Kong, and the Hong Kong and China Gas Company Limited.
Personal life
Lee was born in Hong Kong. He is the younger son of Lee Shau Kee ...
, and eight grandchildren.[Top 10 richest Chinese in the world]
/ref>[
]
See also
*List of billionaires
''The World's Billionaires'' is an annual ranking by documented net worth of the wealthiest billionaires in the world, compiled and published in March annually by the American business magazine ''Forbes''. The list was first published in March ...
*List of Chinese by net worth
The following are partial lists of the Forbes list of Chinese billionaires (converted into USD) and is based on an annual assessment of wealth and assets compiled and published by ''Forbes'' magazine in 2022. In 2022 China had 607 billionaires whic ...
Bloomberg Index
References
External links
Henderson Land Development
Hong Kong and China Gas
(controlled by Lee's Henderson Land Development)
Faculty of Law, Chinese University of Hong Kong
located in Lee Shau Kee building in Shatin.
*http://www.leeshaukee.com.hk/tch/main/index.aspx
{{DEFAULTSORT:Lee, Shau-kee
1928 births
Living people
Bank of East Asia
Billionaires from Guangdong
Businesspeople from Guangdong
Henderson Land Development
Hong Kong Affairs Advisors
Hong Kong bankers
Hong Kong billionaires
Hong Kong Buddhists
Hong Kong chief executives
Hong Kong hoteliers
Hong Kong investors
Hong Kong people of Shun Tak descent
Hong Kong philanthropists
Hong Kong real estate businesspeople
Members of the Election Committee of Hong Kong, 1998–2000
Members of the Election Committee of Hong Kong, 2000–2005
Members of the Election Committee of Hong Kong, 2007–2012
Members of the Election Committee of Hong Kong, 2012–2017
Members of the Election Committee of Hong Kong, 2017–2021
Members of the Preparatory Committee for the Hong Kong Special Administrative Region
Members of the Selection Committee of Hong Kong
People from Foshan
Recipients of the Grand Bauhinia Medal