| Dr. Cheng Yu-tung GBM |
|
|---|---|
| Born | 26 August 1925 Shunde, Guangdong, Republic of China |
| Net worth | US$9 billion (2011)[1] |
| Spouse | Tsui-ying Chow (m.1943) |
| Children | Henry Cheng, Ka-shing Cheng |
| Relatives | Chi-yuen Chow (father-in-law) |
Cheng Yu-tung GBM (simplified Chinese: 郑裕彤; traditional Chinese: 鄭裕彤; Mandarin Pinyin: Zhèng Yùtóng; Jyutping: Cheng6 Yu6 Tung4; born 1925 in Lunjiao, Shunde, Guangdong) is a Hong Kong billionaire with extensive business dealings and real estate interests in both Hong Kong and Macau. He owns the privately-held Chow Tai Fook Enterprises, a conglomerate which operates the Sheraton Marina hotel and controls the publicly listed New World group. He also has interests in Shun Tak Holdings, and the Sociedade de Turismo e Diversoes de Macau, owned by Stanley Ho.
Cheng’s wealth originated from his jewellery business, Chow Tai Fook.[2] Cheng’s grandson, 32-year-old Adrian Cheng Chi-kong, is set to inherit part of Chow Tai Fook and the Hong Kong-listed New World group, active in property and infrastructure.[3]
Cheng also serves on the board of the Hang Seng Bank, Hong Kong's third-largest bank.
He represents the Kingdom of Bhutan in Hong Kong, serving as the honorary consul for the country.
Contents |
| Order of precedence | ||
|---|---|---|
| Preceded by Henry Hu Recipient of the Grand Bauhinia Medal |
Hong Kong order of precedence Recipient of the Grand Bauhinia Medal |
Succeeded by Chan Sui-kau Recipient of the Grand Bauhinia Medal |