Lee Shau-kee
Photo: Tksteven, CC BY 3.0, via Wikimedia Commons20

Lee Shau-kee

Hong Kong real estate billionaire (1928–2025)

Lee Shau-kee (Chinese: 李兆基; 20 February 1928 – 17 March 2025) was a Hong Kong business magnate, investor and philanthropist. He was a real estate tycoon and majority owner of Henderson Land Development, a property conglomerate with interests in property, hotels, restaurants and internet services in Hong Kong and other countries.2

From Wikipedia’s article on Lee Shau-kee (this version), CC BY-SA 4.0.

Born 1929, died Mar 17, 2025.1

Net worth $30.1B (as of 2019, per The World's Billionaires).21 Richest people

About

In 2019, aged 91, Lee stepped down as chairman and managing director of the company, in favour of two of his sons, Peter and Martin Lee. He retained a role as an executive director.

His personal wealth was estimated by Bloomberg Billionaires Index to be US$23.2 billion at the time of his death, making him the second wealthiest man in Hong Kong (behind Li Ka-shing), and the 89th richest in the world. Before the handover of Hong Kong in 1997, he was the fourth-richest person in the world.

From Wikipedia’s article on Lee Shau-kee, shared under CC BY-SA 4.0.2

Companies

Career

Occupation: businessperson, entrepreneur, banker.8

Personal life

  • Born1929, Shunde District9
  • DiedMar 17, 2025, Central and Western District10
  • CitizenshipPeople's Republic of China11

Lee had five children, including elder son Peter Lee Ka-kit and younger son Martin Lee Ka-shing, and eight grandchildren.

Lee died on the evening of 17 March 2025, at the age of 97.

From Wikipedia’s article on Lee Shau-kee (this version), CC BY-SA 4.0.

Philanthropy

Lee was 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.

In 2007, he donated HK$500 million to the University of Hong Kong and HK$400 million to the Hong Kong University of Science and Technology.

In 2015, Lee donated a site in Yuen Long to charity organisation Po Leung Kuk for it to develop Hong Kong's biggest youth hostel. Lee announced that the units would be leased to young people between the ages of 18 and 30 at half the market rate.

Other than public philanthropy, Lee had given his Henderson Land staff cash gifts to celebrate the birth of four of his grandchildren, in amounts totalling HK$60 million over a nine-year period.

In May 2018, Lee donated HK$100 million to Hang Seng Management College supporting its strategic development.

From Wikipedia’s article on Lee Shau-kee (this version), CC BY-SA 4.0.

Awards

  • 2022Tatler Most Influential Hong Kong12 14
  • 2021Tatler Most Influential Hong Kong12 14
  • 2007honorary doctor of the Fudan University12 13
  • Date not recordedGrand Bauhinia Medal12
  • Date not recordedhonorary doctor of the Chinese University of Hong Kong12
  • Date not recordedhonorary doctor of the Hong Kong Polytechnic University12
  • Date not recordedhonorary doctor of the University of Hong Kong12