How rich is Lee Shau Kee?
Lee Shau Kee net worth:
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Lee Shau Kee Net Worth, Wiki & Biography in 2017
Lee Shau-kee was born on 28 January 1928, in Shunde District, Guanghong China, and is an influential Chinese businessman, real estate tycoon and a property developer, best known as a founder, chairman and a managing director of Henderson Land Development Company, with extensive interests in hotels, other real estate properties, Internet services and town gas.
One may ask, how rich is Lee Shau-kee? According to Forbes magazine, Lee Shau-kee’s net worth is estimated to be an impressive $25 billion, which as of late 2015 ranks him as the 27th richest person in the world. (He was the 4th richest person before the handover of Hong Kong to China in 1997.) He is currently the second wealthiest person in Hong Kong after business magnate Li Ka Shing.
Lee Shau Kee Net Worth $25 Billion
Lee Shau-kee has accumulated most of his net worth from the earnings of Henderson Land Development Company. A self-made billionaire, Lee Shau-kee is also the chairman of Hong Kong and China Gas Company, and Miramar Hotel Investment, as well as a Vice-Chairman and Independent Non-Executive Director of Sun Hung Kai Properties, as well as (apparently) and a soon-to-be part-owner of the English Portsmouth Football Club. Lee Shau-kee has been committed to property development and commercial business for over 40 years. He began his career as an employee at Sun Hung Kai Properties Limited, and ever since, Lee Shau-kee’s net worth and yearly salary has been increasing. In addition to his influential positions, Lee Shau-kee is also a member of the Board of Directors of the Bank of East Asia Limited and Hong Kong Ferry (Holdings) Limited. Lee Shau-kee is often referred to by the nickname of “Hong Kong’s Warren Buffet” due to his immense income from the Mainland-controlled stocks. Lee Shau-kee is also known as “Asia’s Master of Stock” and “Uncle Four”, since he is one of the few fourth-born children that have become multi-billionaires.
Lee Shau-kee has made contributions and promotions towards the economic prosperity of Hong Kong, and has been influential to the development of cultural and educational projects in his country. Lee Shau-kee also sponsors the HKICC Lee Shau Kee School of Creativity, to which he has donated more than $20 million through his Lee Shau Kee Foundation, and which donates large sums of money to other philanthropic causes as well. In addition, Lee Shau-kee is so honest that he advises investors against investing in his own company if he foresees any risks to their investments. Lee Shau-kee has also received several awards; he was awarded an honorary degree of Doctor of Social Science by Chinese University in 1993, and in 2007 Lee Shau-kee received an award titled “Grand Bauhinia Medal” by the Government of Hong Kong Special Administrative Region for his active role in helping people.
In is personal life, despite his remarkable salary and an impressive net worth, Lee Shau-kee is a rather humble, ordinary and modest person. The now 84 year-old multi-billionaire resides in Hong Kong. He is divorced and has one daughter Margaret Lee and two sons: Peter Lee Ka-kit and Martin Lee Ka-shing.