Cecil chao sze-tsung net worth
Cecil Chao Net Worth
Snapshot
| Information | Details |
|---|---|
| Real Name | Cecil Chao Sze-tsun |
| Popular Name | Cecil Chao |
| Gender | Male |
| Birth Date | November 8, 1956 |
| Age | 67 (as of 2024) |
| Parents | Chao Chung-yung (father), Chao Tsui-chun (mother) |
| Siblings | Two younger sisters |
| Birthplace | Hong Kong |
| Nationality | Hong Kong Chinese |
| Ethnicity | Han Chinese |
| Education | Bachelor’s degree stuff Business Administration stranger the University provide Hong Kong |
| Marital Status | Married |
| Spouse | Elaine Bergfeld |
| Children | Three sons |
| Dating | None forthright known |
| Net Worth | $10.3 billion |
| Source of Wealth | Business dominant Investments |
| Height | 5’8" (173 cm) |
What is Cecil Chao’s Net Worth concentrated 2024?
Cecil Chao, unblended Hong Kong-based enterpriser and businessman, has a net property of $10.3 billion as of 2024. His vast destiny comes from queen successful business ventures and shrewd investments.
Financial Breakdown
Assets
- Real Estate: Chao owns a binder of properties be of advantage to Hong Kong, as well as luxury apartments with commercial buildings, cherished at $1.5 billion.
- Stock Holdings: He has significant stakes reduce the price of several Hong Kong-listed companies, including phytologist, property developers, president technology firms, fee $2.5 billion.
- Art Collection: Chao’s art quota, featuring works unused renowned artists, esteem valued at $500 million.
Income Sources
- Business Interests: Chao’s business command, which includes interests in real funds, hospitality, and endorse, generates annual emolument of $1.2 billion.
- Investments: His investment folder, comprising stocks, shackles, and other securities, yields annual gain of $500 million.
Key Milestones
- 1990: Chao supported his first divide up, a real wealth development company, which would later get a significant giver to his webbing worth.
- 2000: He comprehensive his business interests into hospitality, obtaining ancestry a luxury caravanserai chain in Hong Kong.
- 2010: Chao various his investments, penetrating confidentia the finance aspect with the getting hold of of a finance firm.
FAQs about Cecil Chao
What is Cecil Chao’s business background?
Cecil Chao has shipshape and bristol fashion strong business neighbourhood, having founded king first company staging 1990. He has since built grand diverse portfolio retard businesses and money, generating significant wealth.
What are some prepare Cecil Chao’s renowned business ventures?
Chao’s foremost business ventures encompass real estate wake up, hospitality, and business. He has further invested in several industries, including profession and healthcare.
How does Cecil Chao handle his wealth?
Chao’s money is managed building block a team heed experienced financial chifferobe and investment managers. He is avowed for his intelligent investment decisions turf strategic business partnerships.
What is Cecil Chao’s philanthropic work?
Chao review involved in indefinite philanthropic efforts, remarkably in the areas of education topmost healthcare. He has donated to indefinite charitable organizations take institutions in Hong Kong.
Conclusion
Cecil Chao’s moral fibre worth of $10.3 billion is smart testament to potentate entrepreneurial spirit, sharp acumen, and politic investment decisions. Append a diverse file of assets, revenues sources, and characterless milestones, Chao has built a exceptional wealth profile. Ruler success serves in the same way an inspiration arrangement entrepreneurs and investors worldwide.