Hong Kong Billionaire Developer Lee Shau-Kee Dies at 97

Business and Finance Business and Finance

Mon, March 17, 2025

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Hong Kong Billionaire Developer Lee Shau-Kee Dies at 97

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Hong Kong Billionaire Developer Lee Shau-Kee Dies at 97

^{Published on 2025-03-17 14:41:39 - Bloomberg}

Kee, the Hong Kong billionaire known as "Asia's Warren Buffett" and whose business empire included real estate, utilities and public infrastructure, has died. He was 97.

Hong Kong billionaire developer Lee Shau Kee, known as "Uncle Four," passed away at the age of 97. Lee was a prominent figure in Hong Kong's real estate sector, having founded Henderson Land Development, one of the city's largest property developers. His company was involved in numerous high-profile projects, significantly shaping Hong Kong's skyline. Beyond real estate, Lee was also recognized for his philanthropy, donating over HK$24 billion to various causes, including education and medical research. His death marks the end of an era for Hong Kong's property market, where he was known for his strategic business acumen and his ability to navigate through economic cycles.

Read the Full Bloomberg Article at:
[ https://www.msn.com/en-us/money/real-estate/hong-kong-billionaire-developer-lee-shau-kee-dies-at-97/ar-AA1B6c2K ]