Helmut Sohmen Net Worth is1.40 $Billion
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Helmut Sohmen (born 10 December 1939 in Linz, Austria) is an Austrian lawyer and businessman in Hong Kong. He is chairman of BW Group and a former Hong Kong legislator. He was formerly managing director of Dragon Air.
In 2010 he was on the Forbes list with an estimated fortune of US$1.4 billion, the fourth-placed Austrian. In 2009 he was listed as the 13th richest person in Hong Kong.
Sohmen grew up in Linz and in 1958 graduated from the Linz Realschule (Fadingerschule) with distinction. He then studied law at the University of Vienna, and won a Fulbright scholarship to continue the University of Connecticut in the United States, eventually receiving his doctorate in Vienna.
Before starting his career in 1967, he married Anna Pui Hing Pao, whom he had met while studying in Canada. The couple have three children (two sons and one daughter). Pui Hing Anna Pao Sohmen held several functions in Hong Kong and was also a member of the Chinese People's Political Consultative Conference. In 2005 she was awarded the Silver Bauhinia Star.
His first job was as a legal adviser to the Royal Bank of Canada in Montreal. Helmut Sohmen later interrupted his professional activity more than once to graduate as Master of Comparative Law and a Master of Laws.
In 1970, he moved with his family to Hong Kong, where his father-in-law, Sir Yue-Kong Pao, owned one of the largest shipping companies in the world in order to get into the business.
After stops in Bermuda (1974) and London (1977), in 1981 he finally moved to Hong Kong, where from 1985 to 1989 he was CEO and major shareholder of Dragon Air.
From 1986 he was with the World-Wide Shipping Group before his father as chairman and president.
2003 his company acquired a majority stake in Norway's Bergesen fleet, since then called his shipping empire-Bergesen Worldwide (BW). His group includes 140 tankers and more than 4500 employees (2010).
Sohmen has set up a number of foundations.
In 1987 he established the

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Helmut Sohmen Latest News

London's Southbank Sinfonia chooses Hong Kong for its overseas debut

"While I was in Hong Kong for The Marriage of Figaro, Peter Thompson and Helmut Sohmen, both of whom are ardent champions of classical music, suggested we take Southbank Sinfonia there," he says. Othe...
Posted: September 16, 2015, 3:15 pm

BW Offshore: A Great Turnaround Story With A 44-57% Upside Potential

Ex-chairman Helmut Sohmen (the son-in-law of Pao Number One, has a net worth of $1.3B, whilst one of his brothers-in-law is now controlling Wheelock & Company, an investment holding in Hong Kong with ...
Posted: May 17, 2018, 10:31 pm

Norway's BW Gas jumps as main owner raises stake

BW Gas owns and operates a fleet of liquefied petroleum gas (LPG) and liquefied natural gas (LNG) carriers. BW Group is controlled by the Hong Kong-based Sohmen family. Helmut Sohmen is chairman of bo...
Posted: January 20, 2009, 4:00 pm
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