Hong Kong business tycoon, philanthropist, and investor Lee Shau-kee. He owns a majority stake in Henderson Land Development, a property conglomerate with holdings in real estate, hotels, restaurants, and internet services. He is a real estate billionaire.
At the age of 91, Lee resigned from his positions as the company’s chairman and managing director in favour of his sons Peter and Martin. He keeps his position as executive director. He is the 43rd richest person in the world and the second wealthiest man in Hong Kong after Li Ka-Shing. He was the fourth richest man in the world prior to the handover of Hong Kong in 1997.
Lee has profited from his ownership of stocks under the jurisdiction of the Mainland since 2006. One of the extremely few fourth-born children to rise to the status of multi-billionaire in the world, he is also known as “Uncle Four”.
Lee Shau- Kee Bio/Wiki[table id=3787 /]
Despite his impressive salary and wealth, Lee Shau-kee is a relatively modest, down-to-earth, and humble individual in their personal life. The multibillionaire, who is now 94 years old, resides in Hong Kong. He is divorced and has two sons, Peter Lee Ka-kit and Martin Lee Ka-Shing, as well as one daughter, Margaret Lee.
East Asia’s Asia Bank China Hong Kong economy Stocks that make up the Forbes Hang Seng Index Developing Henderson Land Hong Lee Shau-kee Lee Shau Martin Lee Ka-Shing Peter Lee Ka-kit S.T.F.A. Li Li Ka-Shing Sun Hung Kai College Lee Shau Kee Properties The Gas Company of Hong Kong and China.
One of the wealthiest families in Hong Kong is the Lee Shau-Kee family. Lee Shau-Kee, who was born in 1928, has long dominated the Hongkong real estate market. He established Henderson Land Development Company Limited and serves as its chairman. He has spent more than 40 years working in the commercial and real estate development industries.
His businesses span a variety of industries, starting with real estate, buildings, hotels, restaurants, and internet services. He is the primary supporter of the HKICC Lee Shau-Kee School of Creativity because he is by nature a philanthropist. His estimated net worth of USD 19 billion places him as the second-richest individual in Asia. He is also known as the Hong Kong-based Warren Buffet.
He founded Henderson Land Development, a real estate conglomerate with holdings in real estate, hotels, restaurants, and internet services, and serves as its founder, chairman, chief executive officer, and majority owner. Lee also serves as the chairman of the Henderson Land Development-owned Hong Kong & China Gas Company, Limited.
In addition to his current roles, Lee also serves as chairman of Henderson Cyber Limited, executive director of Henderson China Holdings Limited, vice chairman and independent non-executive director of Sun Hung Kai Properties, Limited, and chairman of Miramar Hotel and Investment Company, Limited. Additionally, he serves as a director for Bank of East Asia, Limited and Hong Kong Ferry (Holdings), Limited.
From his investments in stocks managed by the Chinese mainland, such as PetroChina, China Shenhua Energy, and China Life, Lee has reaped large profits. The IPO of Nine Dragons, a paper company founded by Chinese billionaire Yan Cheung, was one of the self-made tycoon’s most recent and successful investments.
He has been referred to as “the Warren Buffett of Hong Kong” and “Asia’s Master of Stocks” due to his impressive investment returns. Because he is one of the rare fourth-born children in China and the entire world to become a multi-billionaire, he is sometimes lovingly referred to as “Uncle Four.”
Police searched Henderson’s offices in July 2010 as part of a probe into cancelled sales at a developer-owned luxury apartment development; the business has refuted accusations of impropriety.
Lee’s eldest son, who would later inherit the massive empire, gave birth to triplet boys in the same month. Although the mother’s identity was unknown, there were unconfirmed claims that she was a surrogate mother residing in the US.
Martin, the younger son of Lee, already had two daughters at the time the triplets were born. Martin’s wife gave birth to a son in 2011. Margaret, the daughter, is not yet a mother.
Triplets are especially desired since the number three is an auspicious number and sounds similar to the Cantonese word for “birth,” which Chinese tycoons require to have male heirs. In order to honour the birth of the triplets, Lee Shau-Kee decided to gift HK$33 million (or about US$4.3 million), of which HK$20 million was given to the Union Hospital in Hong Kong. The remaining money was distributed to Henderson Land’s 1,300 employees, who each received about HK$10,000.
Lee has recommended investors to purchase shares of Chinese enterprises rather than American currencies. He is especially optimistic about oil stock prices.
Football enthusiast Lee is a member of a group looking to purchase a football team in Portsmouth, England. In addition to serving as an honorary councillor for Rehabilitation International, Lee is the chairman of Pei Hua Education Foundation Company, Limited.
The Chinese University of Hong Kong is one of Lee’s other charitable donations. He joined the three-year MBA program’s then University Advisory Board, afterwards known as the MBA Programmes Advisory Board, in 1977. He has also served on the United University Board of Trustees since 1988.
Lee also contributes significantly to Chinese University, which in 1993 bestowed upon him an honorary doctorate in the social sciences. Additionally, he made a donation to the CUHK-Yale South China Studies Programme, which promotes cooperation between the two universities. The Hong Kong government presented Lee with the Grand Bauhinia Medal for public service in July 2007.
The Lee Shau Kee siblings are Mr Lee Tat Man and Mrs Fung Lee Woon King. Lee Shau Kee wed Lau Wai-kuen. Lau had a significant role in the family business and the pair had been married for 15 years. The pair reportedly had several conflicts over management and viewpoints in 1981, and it is thought that Lau was an aggressive woman. Two sons and three girls were born to the couple throughout their marriage, totalling five kids.
Lee Shau- Kee Children
Margaret Lee Shau Kee’s daughter
Margaret Lee was born. She started working for the organisation in 1984, and she is now the Senior General Manager of the Portfolio Leasing Department. She has more than 29 years of expertise in marketing and development and holds a B.Hum degree from the University of London. She is married to Mr Li Ning the oldest sibling.
Peter Lee Ka-kit
In the Guangdong province of China, Peter Lee Ka kit was born in 1963. In terms of his occupation, he is Director of the Hong Kong and China Gas Company Limited and Chairperson and Vice President of Henderson Land Development. He is the oldest child of Dr Lee Shau Kee, which is a personal matter. While still single, he practises Buddhism. Through a surrogate mother, he has three sons.
Martin Lee ka- Shing
Lee, a younger son of a business magnate, was born in Hong Kong in the year 1971. On December 15, 2006, he wed Cathy Chui, an ex-TVB actor living in Australia, they have two girls and one son.
Elizabeth, the second daughter of the business magnate, has worked in Henderson Land’s accounting division.
Suzanna, the Tycoon’s youngest child, was born in the year 1980. She doesn’t seek out the spotlight much, but she has established a solid financial standing in the company.
Mr Martin Lee Ka’s wife, Cathy Chui Wife of Lee Ka-Shing
Shing Martin Cathy Chui was born in Hong Kong on the 29th of November 1982. She Attended the University College of London for her academic training. She was born and raised in Australia and wed Lee Ka Shing on December 15th, 2006. She is a TV actor and model who has participated in several TV shows. Three kids were born into the family in their favour.
Margaret Lee’s husband Ning
He is a director of Henderson Land Development and the Hong Kong Ferry Company. Previously, he oversaw Henderson Investment as executive director.
Grandchildren of Lee Shau Kee.
Lee Chi-yan was born in 2010. Chi-Yung Lee was born. in 2010. On July 17, 2007, Leanna Lee Hei-tung, one of Martin Lee Ka-kids, Shing’s was born. (age 7). Hayley Lee Hei-Yi, who was born on May 16, 2009 (age 5). The third child was born in 2011 and has the name Unknown.
Lee Shau- Kee Education
He has taken no higher education.
Lee Shau- Kee Assets
The majority of Lee Shau-personal kee’s worth was amassed thanks to the profits of Henderson Land Development Company. Lee Shau-kee, a self-made billionaire, is chairman of the Hong Kong and China Gas Company, vice chairman of Sun Hung Kai Properties, and independent non-executive director in addition to (supposedly) being a soon-to-be part-owner of the English Portsmouth Football Club. For more than 40 years, Lee Shau-kee has been dedicated to real estate development and commercial enterprise.
Lee Shau-kee started his job as a worker at Sun Hung Kai Properties Limited, and ever since then, his wealth and yearly earnings have grown.. In addition to his powerful roles, Lee Shau-kee serves on the boards of directors of Hong Kong Ferry (Holdings) Limited and the Bank of East Asia Limited. Lee Shau-kee frequently goes by the moniker “Hong Kong’s Warren Buffet” due to his enormous earnings from the equities under Mainland control. Since Lee Shau-kee is one of the rare multi-billionaire fourth-born children, he is also known as “Asia’s Master of Stock” and “Uncle Four.”
Lee Shau- Kee Net Worth
Hong Kong-born Lee Shau Kee is a real estate tycoon with a $33 billion fortune. Henderson Land Development, a Hong Kong-based company that engages in real estate development, management, and construction, is mainly owned by Lee Shau Kee. The third-largest real estate developer in Hong Kong is Henderson Land Development. He is the founder, chairman, and managing director of the business. Kee also serves as chairman of Miramar Hotel and Investment and Hong Kong and China Gas Company Limited. He is a member of The Bank of East Asia Limited and Hong Kong Ferry Limited’s boards of directors.
Through the Lee Shau Kee Foundation, Lee has contributed more than HK$20 million as one of the primary sponsors of the HKICC Lee Shau Kee School of Creativity. He gave the University of Hong Kong and the Hong Kong University of Science and Technology a combined total of HK$400 million and HK$500 million, respectively, in 2007.
In order to build Hong Kong’s largest youth hostel, Lee donated a plot in Yuen Long to the nonprofit Po Leung Kuk in 2015. Lee declared that young individuals between the ages of 18 and 30 would be able to rent the apartments for half the going rate.
In addition to his public charitable contributions, Lee has given his Henderson Land personnel financial gifts totaling HK$60 million over a nine-year period to commemorate the birth of four of his grandchildren. Lee gave Hang Seng Management College HK$100 million in May 2018 to promote its strategic growth.[table id=3786 /]
He has a net worth of $20.8 billion.
Henderson Land Development