He became a construction and casino tycoon starting from total poverty, the story of the Chinese tycoon.
Lui Che Woo He was born in 1929 in the southeastern Chinese province of Canton, and moved to Hong Kong at the age of four before the civil war between nationalists and communists. Since then, He worked on the street selling peanuts and other snacks to keep her younger sisters, who were 5, fed.
When the civil war between nationalists and communists ended, obtained the first quarry license in Hong Kongproducing stone blocks so that the city could gain ground from the sea. In 1955 he founded K. Wah international holdings, entering the real estate and hotel business.
Lui Che Woo
The story of Lui Che Woo
Lui Che Woo is considered one of the most successful self-made men. Selling peanuts and other snacks on the street from a very young age, he managed to grow until founding his own companies and reaching a net worth of around 10 billion dollars according to Forbes Magazine.
In 1987 it managed to enter the Hong Kong stock market. In 2002, in Macau, considered “The Vegas of Asia” doubled the licenses to operate casinos to 6 and beat more than a dozen rivals and obtained authorization to open, already in 2011, the Galaxy Macau, which in 2024 was still the fifth largest casino in the world. In September 2024 he celebrated his 95th birthday.
What was Lui Che Woo’s fortune until the moment of his death?
On Thursday, November 7, at the age of 95, his listed companies reported that Lui Che Woo died. Until then, his fortune reached 11.2 Billion dollarsaccording to Forbes Magazine, ranking seventh among the richest in Hong Kong, and 180th among billionaires around the world.
The empire continues in the hands of his children.
Source: Ambito
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