Lee Shau-kee
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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 List of cities in China, city and Special administrative regions of China, special ...
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 op ...
, 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 People's Republic of China (PRC) at midnight on 1 July 1997. This event ended 156 years of British rule in the former colony. Hong Kong was established as a special admin ...
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 Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hon ...
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 N ...
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 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 op ...
*ex-Chairman of Hong Kong and China Gas *ex-Chairman of Miramar Hotel and Investment *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's consortium to buy Portsmouth Football ClubNames revealed behind Portsmouth chief Storrie's consortium
Tribal Football, 2009


Family

Lee has five children, including elder son Peter Lee Ka-kit and younger son Martin Lee Ka-shing, and eight grandchildren.Top 10 richest Chinese in the world
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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 DevelopmentHong 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