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.

Hui Wing Mau Latest News

Property magnates most cashed up on rich list

The highest ranked debutant this year is Chinese-based property developer Hui Wing Mau whose $4.82 billion fortune pushes him into seventh position. Mr Mau is chairman of the Hong Kong-listed Shimao Group and has built a property empire on the back of ...
Posted: May 24, 2013, 4:00 am

Hui Wing Mau Becomes 2nd Billionaire In A Week To Invest In Big China Financial Services Business

Hui Wing Mau, the billionaire chairman of big Chinese real estate developer ... Just last week, Hong Kong-listed Evergrande Real Estate Group, whose chairman Hui Ka Yan ranked No. 13 on the Forbes China Rich List with a fortune worth $5.4 billion, said ...
Posted: January 29, 2014, 6:55 pm

The property boom is not over thanks to 60,000 Chinese millionaires who want to buy Australian property - and Sydney and Melbourne are their first choices

The Shimao Group – run by China's 21st-richest person Xu Rongmao, known as Hui Wing Mau – spent $390 million on an office building on Liverpool Street. The state government in June announced foreign investors with residential real estate in NSW will ...
Posted: November 6, 2016, 8:50 am

Billionaire-Backed Mason Plans Acquisitions for Wealth Unit (1)

(Bloomberg) -- Mason Group Holdings Ltd., 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-management business of at least $3 billion in assets from scratch.
Posted: July 23, 2017, 6:39 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-management business of at least US$3 billion (S$4.08 billion ...
Posted: July 24, 2017, 2:25 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 Country, Hui Wing Mau Date Of Birth, Hui Wing Mau Earnings, Hui Wing Mau Ethnicity, 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 Videos, Hui Wing Mau Weight, Hui Wing Mau Wiki, Hui Wing Mayo Forbes, Who Is Hui Wing Mau,