The news of Lee Shau-kee’s passing has sent shockwaves through the business world, as the billionaire tycoon and founder of Henderson Land Group left an indelible mark on Hong Kong’s landscape. At the age of 97, Lee’s life was a testament to his unwavering dedication to his craft, having built a business empire that spanned over six decades. As one of the wealthiest individuals in Asia, Lee’s rags-to-riches story is an inspiration to many, and his legacy will undoubtedly continue to shape the city’s skyline for generations to come.
Born into a middle-class family in Guangdong Province, China, Lee’s early life was marked by modest means. However, his entrepreneurial spirit and vision for a better life led him to Hong Kong at the age of 20, where he would eventually establish Henderson Land Group in 1976. Under his stewardship, the company grew into a behemoth, with a diverse portfolio that included property development, energy, retail, and transportation. Lee’s business acumen and strategic foresight earned him a reputation as one of the most savvy and successful entrepreneurs in Hong Kong.
Throughout his illustrious career, Lee was known for his candor and transparency, often speaking his mind on social issues and offering words of wisdom to the younger generation. He was a vocal advocate for financial prudence, cautioning against the pitfalls of early marriage and the importance of securing a stable income before starting a family. This no-nonsense approach to life resonated with many, and his down-to-earth demeanor earned him the affectionate nickname “Uncle Four” among his peers and admirers.
Lee’s philanthropic efforts were equally impressive, with a long history of charitable giving that spanned both Hong Kong and mainland China. In 2018, he pledged to donate HK$1 billion to various charitable organizations if the Hang Seng Index reached 30,000 points. This gesture was a testament to his commitment to giving back to the community and his desire to make a positive impact on the world.
As news of Lee’s passing spread, tributes poured in from across the business and political spectrum. His legacy will be remembered as a shining example of what can be achieved through hard work, determination, and a relentless pursuit of excellence. With a net worth of $29.2 billion, according to Forbes, Lee’s impact on Hong Kong’s economy and society cannot be overstated. His passing leaves a void that will be deeply felt, but his contributions to the city’s growth and development will continue to inspire future generations of entrepreneurs and leaders.
Sources close to the family have confirmed that Lee passed away on Monday, March 18, 2024, at the age of 97, although the exact cause of death has not been disclosed. As the city mourns the loss of this business icon, it is clear that Lee Shau-kee’s influence will be felt for years to come, and his memory will serve as a reminder of the power of vision, perseverance, and generosity.
