Celebrities

Cheng Yu-Tung Net Worth

Cheng Yu-Tung Net Worth is
$15.4 Billion

Cheng Yu-Tung Biography

4 billion in September 2017 relating to Bloomberg.5 billion. That net well worth makes Cheng Yu-tung among the richest people in Hong Kong. Born in Shunde, Guangdong, Republic of China, Cheng Yu-tung is currently located in Hong Kong. Until simply lately, he was the CEO of ” NEW WORLD ” Development, a family-owned property development company. He has four kids. Chow Tai Fook started to be Chai Tai Fook Enterprises and extended into multiple businesses, including serving as the umbrella company for ” NEW WORLD ” Advancement. Shun Tak Holdings offers interests in hospitality, shipping and delivery and property sectors. Most recently, the business purchased the Carlyle Resort in Manhattan. The business also operates the Sheraton Marina resorts. Furthermore to his use Chow Tai Fook, he also acts as honorary consul for Bhutan, and on the table of Hong Kong’s third largest lender, Hang Seng. He announced his pension in early 2012, and exceeded leadership to his child. Hong-Kong billionaire businessman Cheng Yu-tung GBM comes with an estimated net well worth of $11 billion by 2015, relating to Forbes. Cheng’s wealth comes from his jewellery business, Chow Tai Fook. This self-made billionaire’s net well worth is approximated to be around $11 billion. It owns Chow Tai Fook, the biggest jewelry merchant in the globe. Cheng Yu-tung has considerable business dealings and property passions in Hong Kong and Macau. Cheng Yu-tung’s Chow Tai Fook Enterprises is definitely a conglomerate which operates Sheraton Marina resort. Cheng was created on 26 August 1925 in Shunde, Guangdong, Republic of China. In addition, it controls ” NEW WORLD ” Group, a publicly outlined company which is energetic in property, infrastructure, solutions and telecom. Cheng Yu-tung has passions in Shun Tak Holdings and Stanley Ho-possessed Sociedade de Turismo e Diversoes de Macau. Chow Tai Fook/New World Advancement now personal multiple properties in Hong Kong, Macau, and overseas, including five high-end resorts. Cheng sits on the table of the Hang Seng Lender, a Hong Kong-centered banking and monetary services organization. In the Hong Kong’s “50 Richest” set of billionaires, he’s the 4th richest person and is definitely rated 44th in the set of Globe Billionaires. It right now owns many properties in Hong Kong, Macau, and abroad including five high-end resorts. His child Henry heads the family members business. His grandson, Adrian Cheng Chi-kong, will inherit component of Chow Tai Fook and ” NEW WORLD ” group. His granddaughter Sonia heads the family’s resort empire. Cheng represents the Kingdom of Bhutan in Hong Kong. He acts as the honorary consul for Bhutan. $13 Billion: Cheng Yu-tung GBM (simplified Chinese: 郑裕彤; Born on August 26, 1925 in Shunde, Guangdong, Republic of China, he has considerable dealings and property passions both in Hong Kong and Macau. pinyin: Zhèng Yùtóng; Jyutping: Cheng6 Yu6 Tung4; born 1925 in Lunjiao, Shunde, Guangdong) is definitely a Hong Kong billionaire with considerable business dealings and property passions in both Hong Kong and Macau. He owns Chow Tai Fook Enterprises, a conglomerate which operates the Sheraton Marina resort and settings the publicly listed ” NEW WORLD ” group. He is who owns Chow Tai Fook Enterprises. Cheng’s grandson, 32-year-older Adrian Cheng Chi-kong, is defined to inherit component of Chow Tai Fook and the Hong Kong-listed ” NEW WORLD ” infrastructure, active in real estate and group. He also has passions in Shun Tak Holdings, and the Sociedade de Turismo e Diversoes de Macau, possessed by Stanley Ho. By October 2012, The Bloomberg Billionaires List ranks him as the 34th richest person in with globe with around net worth folks 19.3 billion. He was succeeded by his boy Henry. He represents the Kingdom of Bhutan in Hong Kong, serving as the honorary consul for the united states. He started his professional profession with a jewelry business known as, Chow Tai Fook. Cheng Yu-Tung is normally a Hong Kong billionaire with around net worth of $15.Cheng Yu-tung net value: Cheng Yu-tung can be an Asian businessman who includes a net value of $14. Cheng Yu-tung is normally married to Tsui-ying Chow. traditional Chinese: 鄭裕彤; His 32-year-previous grandson Adrian Cheng Chi-Kong is defined to inherit component of Chow Tai Took and the Hong Kong-listed ” NEW WORLD ” Development, a publicly shown family-owned property development firm. It is continuing to grow to be Chai Tai Took Enterprises, a conglomerate which operates the Sheraton Marina resort and handles the publicly listed ” NEW WORLD ” group. They possess four kids. Cheng Yu-Tung’s professional profession and wealth started with Chow Tai Took, a jewelry business. Just recently, the company bought the Carlyle Resort in Manhattan. In addition, it has passions in Shun Tak Holdings and the Sociedade de Turismo e Diversoes de Macau, which is possessed by Stanley Ho. By the end of 2012, Cheng Yu-Tung stepped down as the Chairman and CEO of ” NEW WORLD ” Development. Cheng also acts on the plank of the Hang Seng Lender, Hong Kong’s third-largest lender. He currently acts as the honorary consul of Bhutan in Hong Kong and sits on the plank of the 3rd largest lender in Hong Kong, the Hang Seng bank.


Quick Facts

Full NameCheng Yu-tung
Net Worth$15.4 Billion
Date Of BirthAugust 27, 1925
DiedSeptember 29, 2016, Hong Kong
Spouseying Chow
ChildrenHenry Cheng
SiblingsCheng Yu-wing, Cheng Yu-pui


Filmography

Writer

TitleYearStatusCharacter
Taipei Factory II 2014 segment "Soap Opera"
Stray Dogs 2013
Source
IMDB
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