Background
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.
Managing Director founder, chairman, managing director member of board of directors
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.
Hong Kong based real estate tycoon and majority owner of Henderson Land Development, a property conglomerate with interests in properties, hotels, restaurants and internet services. As of October 2012 according to the Bloomberg Billionaires Index Lee is listed as the 19th richest person in the world. His personal wealth is estimated to be $24 billion and ranked as the second wealthiest man in Hong Kong after Li Ka Shing.
Quotations:
“The Chinese who left the mother country had to struggle, and that became a culture of its own, passed on… through each generation. Because we have no social security, the overseas Chinese habit is not to spend a lot and to make a lot of friends.”
“We are in turbulent times,”
“Paper money will suffer”
“We are in a time when paper investments are riskier than in the past. There is also a great amount of sovereign risk.”
“Gold is a kind of mortar and offers a form of capital preservation; we’re still bullish about gold,”
“There are some lights at the end of the tunnel. If political leaders in Europe can put things in order, things will be better. These days, much relies on politics.”
Lee Shau got a savvy business mind, and is famous for advising investors’ correctly and even warns people not to invest in his own company, if he ever foresees any risk to their investment. Kee’s humble support to Chinese University of Hong Kong has benefitted in educating many Hong Kong citizens. Dr Lee through the Lee Shau Kee Foundation donates a considerable amount in philanthropic deeds.
Not much has been known about the family; Lee Shau Kee married Lau Wai-kuen. The couple had been married for 15 years and Lau was much a part of the family business. It is believed that Lau has been an aggressive woman, and couple had a number of issues over management and opinions that made the marriage hit the rocks in the year 1981. The couple had five children from the marriage, out of which two are sons and three are daughters.