Lee Shau Kee
Encyclopedia
Lee Shau-kee GBM
' onMouseout='HidePop("78037")' href="/topics/Yale_Romanization">Yale
: Lee5 Siu6 Gei1; born January 29, 1928 in Shunde
, Guangdong
, China
) is a property developer and majority owner of Henderson Land Development
(HKSE
:0012), a property conglomerate with interests in properties, hotels, restaurants and internet services. He is currently the second wealthiest person in Hong Kong and Greater China Region, just after Li Ka Shing
.
According to Forbes' list of billionaires as of 2011 Lee is estimated to be worth $18.5 billion, ranking him 28th among the world's richest people.
Since 2006, Lee has accrued substantial profits from his holdings of Mainland
-controlled stocks. This return on investment
has earned him nicknames including "Hong Kong's Buffett
" (香港巴菲特) and "Asia's Master of Stock" (亞洲股神). He is also affectionately known as "Uncle Four", one of the very few fourth-born children in the world to have become a multi-billionaire.
Grand Bauhinia Medal
The Grand Bauhinia Medal the highest award under the Hong Kong honours and awards system, is to recognise the selected person's lifelong and highly significant contribution to the well-being of Hong Kong. The awardee is entitled to the postnominal letters GBM and the style "The Honorable"...
' onMouseout='HidePop("78037")' href="/topics/Yale_Romanization">Yale
Yale Romanization
The Yale romanizations are four systems created at Yale University for romanizing the four East Asian languages of Mandarin, Cantonese, Korean, and Japanese...
: Lee5 Siu6 Gei1; born January 29, 1928 in Shunde
Shunde
Shunde District is a district of Foshan prefecture-level city in the Pearl River Delta, Guangdong Province, southeast China.-Administration:Shunde was a county-level city until December 8, 2002, when it became a district of Foshan prefecture-level city...
, Guangdong
Guangdong
Guangdong is a province on the South China Sea coast of the People's Republic of China. The province was previously often written with the alternative English name Kwangtung Province...
, China
Republic of China
The Republic of China , commonly known as Taiwan , is a unitary sovereign state located in East Asia. Originally based in mainland China, the Republic of China currently governs the island of Taiwan , which forms over 99% of its current territory, as well as Penghu, Kinmen, Matsu and other minor...
) is a property developer and majority owner of Henderson Land Development
Henderson Land Development
Henderson Land Development Co. Ltd. is a listed property company and a constituent of the Hang Seng Index. The company's principal activities are property development and investment, project management, construction, hotel operation, department store operation, finance, investment holding and...
(HKSE
Hong Kong Stock Exchange
The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...
:0012), a property conglomerate with interests in properties, hotels, restaurants and internet services. He is currently the second wealthiest person in Hong Kong and Greater China Region, just after Li Ka Shing
Li Ka Shing
Sir Ka-shing Li, GBM, KBE, JP is a Chinese business magnate based in Hong Kong. He is the richest person of East Asian descent in the world and the eleventh richest person in the world with an estimated wealth of US$26.0 billion on 10 March 2011...
.
According to Forbes' list of billionaires as of 2011 Lee is estimated to be worth $18.5 billion, ranking him 28th among the world's richest people.
Since 2006, Lee has accrued substantial profits from his holdings of Mainland
Mainland China
Mainland China, the Chinese mainland or simply the mainland, is a geopolitical term that refers to the area under the jurisdiction of the People's Republic of China . According to the Taipei-based Mainland Affairs Council, the term excludes the PRC Special Administrative Regions of Hong Kong and...
-controlled stocks. This return on investment
Return on investment
Return on investment is one way of considering profits in relation to capital invested. Return on assets , return on net assets , return on capital and return on invested capital are similar measures with variations on how “investment” is defined.Marketing not only influences net profits but also...
has earned him nicknames including "Hong Kong's Buffett
Warren Buffett
Warren Edward Buffett is an American business magnate, investor, and philanthropist. He is widely regarded as one of the most successful investors in the world. Often introduced as "legendary investor, Warren Buffett", he is the primary shareholder, chairman and CEO of Berkshire Hathaway. He is...
" (香港巴菲特) and "Asia's Master of Stock" (亞洲股神). He is also affectionately known as "Uncle Four", one of the very few fourth-born children in the world to have become a multi-billionaire.
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.Current positions
- Founder, Chairman, Managing Director of Henderson Land Development Company LimitedHenderson Land DevelopmentHenderson Land Development Co. Ltd. is a listed property company and a constituent of the Hang Seng Index. The company's principal activities are property development and investment, project management, construction, hotel operation, department store operation, finance, investment holding and...
- Chairman of Hong Kong and China Gas Company Limited
- Chairman of Miramar Hotel and InvestmentMiramar Hotel and InvestmentMiramar Hotel and Investment Company Limited is a hotel chain company in Hong Kong. Its core businesses include property rental and development, hotel operation and management, travel services and food & beverage services...
- Vice Chairman Independent Non-Executive Director of Sun Hung Kai Properties LimitedSun Hung KaiSun Hung Kai Properties Ltd. is a listed corporation based in Hong Kong. The company is controlled by the family trust set up by Kwok Tak Seng, who founded the company.-History:...
- Member of Board of Directors of Hong Kong Ferry (Holdings)Hongkong and Yaumati FerryThe Hongkong and Yaumati Ferry Company Limited , HYF, is a ferry company founded in 1897 in Hong Kong. It is commonly known as Yaumati Ferry...
Limited and The Bank of East Asia Limited - Link to be apart of Peter Storrie's consortium to buy the Portsmouth Football Club
Family
- Daughter: Margaret Lee
- Son: Peter Lee Ka-kit
- Grandson: Lee Chi-shun (b.2010)
- Grandson: Lee Chi-yan (b.2010)
- Grandson: Lee Chi-yung (b.2010)
- Son: Martin Lee Ka-shing
- Granddaughter: Leanna Lee Hei-tung, born on 17 July 2007 (age 4)
- Granddaughter: Hayley Lee Hei-yi, born on 16 May 2009 (age 2)
- Grandson: 3rd child (b.2011)
External links
- Henderson Land Development
- Hong Kong and China Gas (controlled by Lee's Henderson Land Development)