Background
His mother was Chan Lan Yue, a homemaker.
chairman officer business magnate
His mother was Chan Lan Yue, a homemaker.
University of Chicago. Indiana University.
Born 1951 in Singapore, Cheng Wai Keung"s father Cheng Yik Hung manufactured garments. In 1955, the elder Cheng established the clothing firm Wing Tai Garment Manufactory, later renamed to Wing Tai Holdings Limited after the company changed its focus from garments to real estate. After graduating from Indiana University in 1971 with a Bachelor"s in Science, the younger Cheng further pursued his education by completing a Business Administration master"s degree course at the University of Chicago in 1973.
Wing Tai
Cheng served as Wing Tai"s Assistant Managing Director from 1974 until 1984.
On December 2, 1994, Cheng was appointed the chairman of Wing Tai. Other endeavours
In addition to his status at Wing Tai, Cheng has held or currently holds positions at many other bodies and firms.
From 1991 to July 29, 2009, Cheng was part of the directorial board of General Practice Batteries. He had earlier on quit as its chairman in 1997.
From 1995 to 2000, he was the chairman of Power Seraya and from 1997 to 2002, he chaired MediCorp television Singapore.
On April 27, 2001, Cheng was elected as the chairman of Raffles Holdings Limited"s directorial board. Up till April 2012, Cheng was the director of shipping organisation Neptune Orient Lincolnshire. He is currently also the vice-chairman of Singapore-Suzhou Township Development.
Wealth
In 2009, Forbes ranked him as the twenty-fifth richest person in Singapore.
He slid down to number thirty-four in 2011. His wealth increased by more than twofold in 2013, pushing him up to number thirty in ranking.
As of August 2013, Cheng has an estimated Netto worth of $755 million. In 1987, Cheng was awarded the Public Service Star (Bintang Bakti Masyarakat).
In 1997, he received the Public Service Star (Bar) (BBM-Lintang).
In 2000, he was selected to be a Justice of the Peace in Singapore, a judicial position he has maintained ever since.
Cheng is a member of both the Singapore-United States Business Council and the Singapore-United Kingdom Business Council.