Lui Che Woo Net Worth

Lui Che Woo Net Worth and Biography

Category Information
Net Worth $15 billion
Salary
Birthdate 1929
Birthplace China
Gender Male
Height
Profession Businessman
Nationality Chinese

Highlights

Lui Che Woo, a Chinese businessman, has a net worth of $15 billion. He made his original wealth through his development company K. Wah International. Lui Che Woo is the founder and chairman of K. Wah Group, a conglomerate that includes K. Wah International Holdings Ltd., Galaxy Entertainment Group Limited, Stanford Hotels International Limited, and K. Wah Construction Materials Limited. Besides being the fifth richest man in Hong Kong, Lui is also known for his philanthropic endeavors.

Early Life

Lui Che Woo was born in 1929 in China. His exact birthplace is not mentioned in the available information.

Career

Lui Che Woo founded K. Wah Group in the 1950s. Over the years, the company has grown into a multi-national conglomerate with over 200 subsidiaries and more than 20,000 employees across Hong Kong, Mainland China, Macau, North America, and Southeast Asia.

In May 2011, Lui Che Woo opened his most significant casino project, the Galaxy casino and hotel in Macau. The project boasts 2,200 rooms, 50 restaurants, 450 gambling tables, an artificial beach, and a wave pool. Lui’s eldest son, Francis Lui, now manages the gambling side of the family business and oversees the completion of the second phase of the casino project.

Personal Life

Lui Che Woo is a married man and has five children. However, further details about his personal life are not provided in the available information.

Net Worth Over Time

Lui Che Woo’s net worth is estimated to be $15 billion. It is important to note that net worth figures can fluctuate over time due to various factors such as market conditions and investments.

Components of Net Worth

Lui Che Woo owns 37 percent of Macau casino operator Galaxy Entertainment and 53 percent of K. Wah International, a Hong Kong property developer. As a philanthropist, he has donated millions of shares of both Galaxy and K. Wah.

In addition to his business ventures, Lui is the owner of Stanford Hotels Corporation and Stanford Hotels International, which includes InterContinental Grand Stanford Hong Kong.

Lui’s net worth is primarily derived from his ownership stakes in various companies, real estate holdings, and investments. It is important to mention that net worth calculations can vary, and the provided figures are based on available public information and estimates.

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