Hui Wing Mau Net Worth is4,000 $Million
VN:F [1.9.22_1171]
deserves the money?
Rating: 0.0/5 (0 votes cast)
VN:F [1.9.22_1171]
Would you date ?
Rating: 0.0/5 (0 votes cast)
Birth Date: 1950
Birth Place: PRC Shishi City, Fujian Province, People's Republic of China
Occupation: Founder & Chairman of Shimao Property
Networth: date
SHORT DESCRIPTION: Chinese businessman
DATE OF BIRTH: 1950
PLACE OF BIRTH: Shishi City, Fujian Province, People's Republic of China
Xu Rongmao, JP (Traditional Chinese: e??ae?(R)e??; Simplified Chinese: e(R),e??e??) (born in Shishi, Fujian, China in 1950), Hui Wing Mau in Cantonese translation, is the Chinese entrepreneur and billionaire, and the founder and the chairman of Shimao Property, one of the largest property developer in Shanghai.
Xu grew up in Fujian Province, the oldest of the eight children. After graduating from high school during the Cultural Revolution in the 1960s, he was sent to the countryside to work as a barefoot doctor. In the 1970s, he emigrated to Hong Kong and worked as a textile worker.
In 1988, he claimed to invest RMB$1.2 million in a knitting factory in his hometown, but he intended to build a hotel instead, although investments in private hotels were forbidden at that time. However, as soon as the construction was completed, the government policy was changed to allow private owners to have their hotels. Then Xu became the owner of the first private three-star hotel in China. He then started to invest into developing residential complexes and resorts in Fujian.
In the 1990s, he pushed his real estate business into Beijing and Shanghai just before housing prices rose up.
In the 2000s (decade), he expanded his business by acquiring listed companies and changing their names. They are Shimao Holdings (listed on the Shanghai Stock Exchange) and Shimao International (previously listed on the Hong Kong Stock Exchange), while the latter was privatized by him in 2007. His third company, Shimao Property, was listed on the Hong Kong Stock Exchange in 2006.

On 14 September 2008, it was rumoured he was interested in buying Newcastle United from under fire owner Mike Ashley.

(Visited 10 times, 1 visits today)

Hui Wing Mau Latest News

Billionaire takes stake in Bindaree Beef

The Shimao Group was founded by Australian billionaire Hui Wing Mau, who was ranked eighth on the Financial Review's 2017 Rich List, with a fortune of $5.96 billion. Mr Hui lives in Hong Kong. The tra...
Posted: August 31, 2017, 9:42 pm

Billionaire-backed Mason plans acquisitions to build its wealth management business

BEIJING (BLOOMBERG) - Mason Group Holdings, a Hong Kong financial firm backed by Chinese property tycoon Hui Wing Mau, is poised for an acquisition spree as it seeks to build an offshore wealth-manage...
Posted: July 24, 2017, 2:25 am

Hong Kong tycoon Hui Wing-mau donates priceless ancient map of Silk Road to Palace Museum

When Hong Kong tycoon Hui Wing-mau instructed his company to buy a Ming dynasty Silk Road map for 133 million yuan, he knew the value of the item was beyond just the price tag. His company, Shimao Gro...
Posted: November 30, 2017, 3:56 am
Related Topics:
How Much Is Hui Wing Mau Earnings, How Much Is Hui Wing Mau Income, How Much Is Hui Wing Mau Net Worth, How Much Is Hui Wing Mau Salary, How Much Is Hui Wing Mau Worth, Hui Wing Mau, Hui Wing Mau Age, Hui Wing Mau Australia, Hui Wing Mau Bio, Hui Wing Mau Children, Hui Wing Mau Contact, Hui Wing Mau Country, Hui Wing Mau Date Of Birth, Hui Wing Mau Earnings, Hui Wing Mau Ethnicity, Hui Wing Mau Family, Hui Wing Mau Forbes, Hui Wing Mau Gossips, Hui Wing Mau Height, Hui Wing Mau History, Hui Wing Mau Home Town, Hui Wing Mau Images, Hui Wing Mau Income, Hui Wing Mau Job, Hui Wing Mau Nationality, Hui Wing Mau Net Worth, Hui Wing Mau Networth, Hui Wing Mau News, Hui Wing Mau Partner, Hui Wing Mau Place Of Birth, Hui Wing Mau Residence, Hui Wing Mau Rumors, Hui Wing Mau Salary, Hui Wing Mau Secrets, Hui Wing Mau Son, Hui Wing Mau Videos, Hui Wing Mau Weight, Hui Wing Mau Wife, Hui Wing Mau Wiki, Hui Wing Mau 中文, Hui Wing Mayo Forbes, Mr Hui Wing Mau, Who Is Hui Wing Mau,