Cecil Chao
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Cecil Chao Sze-Tsung (; born September 27, 1936) is a
Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...
billionaire A billionaire is a person with a net worth of at least 1,000,000,000, one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultr ...
who is the owner of Cheuk Nang (Holdings) Ltd, a Hong Kong-based property development and investment company, known for its focus on residential and commercial real estate projects in the region. The Chao family is a prominent shipping dynasty in Hong Kong, founded by Chao Tsong-yea in the mid-20th century. Chao is the last surviving of the four sons of
Wuxi Wuxi ( zh, s=无锡, p=Wúxī, ) is a city in southern Jiangsu, China. As of the 2024 census, it had a population of 7,495,000. The city lies in the southern Yangtze delta and borders Lake Tai. Notable landmarks include Lihu Park, the Mt. Lings ...
-born shipping tycoon Chao Tsong-yea and his wife Chao Nyi Ya-tsung. His elder brother Frank Chao Sze-bang died in 2001, and his younger brother George Chao Sze-kwong died in 2016. He claims to have dated over 10,000 women. He has three children by three of them: Wai Yiu (mother of Gigi Chao), Ying Ying (mother of Howard), and Terri Holladay (mother of Roman). In 2012, Chao gained international attention when he offered $65 million to any man who could convince his lesbian daughter, Gigi Chao, to marry him. Despite criticism, Chao remained unrepentant. In 2014, Chao increased the reward to $180 million. Gigi responded publicly in an open letter printed in the ''
South China Morning Post The ''South China Morning Post'' (''SCMP''), with its Sunday edition, the ''Sunday Morning Post'', is a Hong Kong-based English-language newspaper owned by Alibaba Group. Founded in 1903 by Tse Tsan-tai and Alfred Cunningham, it has remaine ...
''. He has since rescinded the offer publicly.


References

1936 births Living people Hong Kong billionaires Hong Kong chief executives Hong Kong financial businesspeople Billionaires from Shanghai Businesspeople from Shanghai Chinese company founders Alumni of King's College, Newcastle {{HongKong-bio-stub