Chu Lam Yiu is a Chinese billionaire and the founder of Huabao International Holdings, a fragrances and tobacco flavoring company. She founded the company in 1996 and took it public on the
Hong Kong Stock Exchange
The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is repor ...
through a "backdoor listing" in 2006. According to ''Forbes'', she is one of China's richest women with a net worth of USD 2.4 billion in 2022.
In 2022, she was placed under investigation for “suspected disciplinary violations” along with her son, Lam Ka Yu, as the Chinese government began cracking down on corruption in the tobacco industry. Her daughter, Lam Ka Yan, a
Columbia University graduate, was named an executive director at the company amid the government probe.
References
21st-century Chinese businesswomen
21st-century Chinese businesspeople
Chinese billionaires
Female billionaires
Living people
Year of birth missing (living people)
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