Lui Che Woo’s profile picture

Lui Che Woo

Lui Che Woo’s profile picture
Net worth 2018: $21 Billion
Industry: Gaming
Residence: Hong Kong, Hong Kong
Country: Hong Kong
BirthDay: 1929
Children: 5
BIOGRAPHY

Lui Che Woo was bornon 1929 in Hong Kong, Hong Kong, Hong Kong. Lui Che Woo is #52 in List Billionaires People In The World. Lui Che Woo, chairman of Galaxy Entertainment Group, saw his wealth jump nearly 50% in 2016 thanks largely to recovering casino revenues. In October 2016 his Lui Che Woo Prize, which focuses on promoting "mutual respect, mutual understanding and the coexistence of technology, innovation and love," awarded $2.6 million to each of its first three laureates. "With all the world's technological advances, material riches and prosperity, [that] actually [doesn't] mean that there's peace within people," he said. Liu arrived in Hong Kong at the age of 4 and as a teenager helped support his family by selling food on the street. Today his eldest son, Francis Lui, runs the gambling side of the family's business, while his four siblings hold a variety of roles within his property conglomerate K. Wah Group.

NET WORTH STATISTIC
2010

$1.4 Billion

2011

$3.8 Billion

2012

$5.7 Billion

2013

$10.7 Billion

2014

$22 Billion

2015

$13.5 Billion

2016

$7.6 Billion

2017

$12.1 Billion

2018

$21 Billion

TIMELINE
2015

Wah Group's 60th anniversary in 2015, Lui established the Lui Che Woo Prize – Prize for World Civilisation, in Hong Kong, an international prize said to honour and recognise individuals or organisations for, inter alia, "promotion of positive life attitude and enhancement of positive energy"

2014

In January 2014, he was reported to be worth US$21 billion and ranked the second richest man in Hong Kong

2012

In 2012, he was awarded the Grand Bauhinia Medal by the HKSAR Government for his significant contribution to Hong Kong

2011

In May 2011, Galaxy Entertainment Group Limited opened the $2 billion Galaxy Macau casino and hotel in Macau with 2,200 rooms, 50 restaurants, 450 gambling tables, an artificial beach and a wave pool

2007

In 2007, Dr Lui was honoured as the Business Person of the Year at the DHL/South China Morning Post Hong Kong Business Awards

2006

In December 2006, Lui was elected to the small-circle Election Committee, in the Hotels Subsector, for the Third Term chief Executive of the Hong Kong Special Administrative Region selection process

2005

In 2005, Dr Lui was also awarded the Gold Bauhinia Star (GBS) for his contributions to the development of Hong Kong

2004

In 2004, he was awarded the degree of Honorary Doctor of Laws by Concordia University in 2004

2002

In 2002, Dr Lui was conferred the degree of Doctor of Social Science, Honoris Causa, by the Chinese University of Hong Kongand an Honorary University Fellowship by the University of Hong Kong

2001

In 2001, he was awarded the degree of Doctor of Laws, Honoris Causa by the University of Victoria

1999

In 1999, Lui provided funds for the Stanford University Medical Centre to set up Lui Che Woo Research Laboratory

1982

In 1982, Dr Lui was made a Member of the Order of the British Empire (MBE) by Queen Elizabeth and was appointed as a Justice of the Peace (JP) in 1986

1981

Lui was Chairman of the Tung Wah Group of Hospitals in 1981-2

1980

The 1980s marked entry into hotel development and expansion into mainland China the next decade

1960

In the 1960s, Lui branched out from construction materials to property investment

1929

9 August 1929, Jiangmen, China) is a member of the Standing Committee of the Chinese People's Political Consultative Conference, Jiangmen, People's Republic of China and is a Hong Kong gambling magnate, founder and chairman of listed firms Galaxy Entertainment Group and K

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