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Lee Shau-kee

GBM
李兆基
LEE Shau Kee.JPG
Lee in 2013
Born (1928-02-20)20 February 1928
Died 17 March 2025(2025-03-17) (aged 97)
Central and Western District, Hong Kong
Citizenship Hong Kong
Occupation Founder and former long-time Chairman of Henderson Land Development
ex-Chairman of Hong Kong and China Gas
ex-Chairman of Miramar Hotel
Spouse(s) Lau Wai-kuen (divorced)
Chinese name
Chinese 李兆基
Transcriptions
Standard Mandarin
Hanyu Pinyin Li Zhaoji

Lee Shau-kee GBM (Chinese: ; 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. 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 to be US$27.8 billion as of July 2024, making him the second wealthiest man in Hong Kong (behind Li Ka-shing), and the 63rd richest in the world. Before the handover of Hong Kong in 1997, he was the fourth-richest person in the world.

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.

Positions

Lee Shau Kee Lecture Centre
Lee Shau Kee Lecture Centre at The University of Hong Kong
  • Founder, ex-Chairman and managing director, of Henderson Land Development
  • ex-Chairman of Hong Kong and China Gas
  • ex-Chairman of Miramar Hotel and Investment
  • Vice-Chairman and independent non-executive director of Sun Hung Kai Properties
  • Member of board of directors of Hong Kong Ferry (Holdings) and the Bank of East Asia
  • Named as part of Peter Storrie's consortium to buy Portsmouth Football Club

Personal life and death

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

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

See also

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