Hong Kong’s second-richest man Lee Shau- kee has really handed away aged 97, the residential property magnate’s firm Henderson Land Development launched Monday.
Lee handed away quietly on Monday night time amongst his family, Henderson claimed in a information launch.
Known as “Uncle Four” as he had 3 older brother or sisters, Lee was simply one in every of one of the important players in Hong Kong’s post-war property increase and was moreover an clever inventory trade capitalist.
He was famous because the 2nd most prosperous man in Hong Kong with a complete property of $29.2 billion, in accordance with a Forbes itemizing launched in February.
Like varied different Hong Kong moguls, Lee retired late in life, simply tipping down as chairman of Henderson in May 2019.
His boys Peter and Martin Lee took management of as joint chairmen and dealing with supervisors.
Born in China’s Guangdong district, Lee assisted in his family’s silver and gold group as a child previous to relocating to Hong Kong in 1948.
In 1969, he co-founded Sun Hung Kai, which was one of many main residential property designers within the after that British nest.
Lee developed his very personal property firm Henderson in 1976, and his group passions expanded to incorporate resorts, utilities, and the motive force of Star Ferry– amongst Hong Kong’s most recognisable symbols.
The Henderson, a high-rise constructing developed by Zaha Hadid Architects located in Hong Kong’s financing space, opened up in 2015.
Hong Kong chief John Lee on Monday admired the magnate as an “outstanding business leader and entrepreneur who had made significant contributions to Hong Kong’s economic development, as well as the city’s prosperity and stability”.
Details of his funeral service will definitely be launched in a while, in accordance with the agency.
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