Hong Kong Real Estate Tycoon Lee Shau Kee Passes Away at 97
Lee Shau Kee, founder of Henderson Land Development and one of Asia's wealthiest figures, leaves behind a legacy of transformative property development and philanthropy.
- Lee Shau Kee, founder of Henderson Land Development, died peacefully on March 17, 2025, surrounded by family.
- Known as one of Hong Kong's most influential real estate developers, Lee helped shape the city's skyline and addressed housing shortages during the 1960s and 70s.
- At the time of his death, Lee was Hong Kong’s second-richest person with a net worth of $30 billion, according to Forbes.
- Lee was a dedicated philanthropist, contributing significant funds to education and training programs in Hong Kong and mainland China through his foundations.
- He retired as chairman of Henderson Land in 2019, passing leadership to his sons, Peter and Martin, who continue to oversee the company.