Peter Woo Net Worth is3.40 $Billion
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Peter Woo Kwong Ching GBM, GBS, JP MBA (Chinese:a??a??ae-?) (born 1946) is a Hong Kong businessman. He is the Chairman of Wheelock and Company Limited and The Wharf Holdings Limited.
Woo was born in Shanghai, China and moved to Hong Kong in 1949. Woo attended St. Stephena??s College in Hong Kong and went on to attain his Bachelora??s Degree from the University of Cincinnati, USA majoring in Physics and Mathematics. While at Cincinnati he became a member of Delta Tau Delta International Fraternity. He later obtained his MBA from Columbia Business School in New York, USA. After graduating, Woo worked at Chase Manhattan Bank in New York and Hong Kong. In 1975 he joined his father-in-law, the late Sir Yue-Kong Paoa??s Worldwide Shipping Group and was later appointed vice-chairman for the company. In 1986, Woo's father-in-law retired and appointed him the head of the Wheelock / Wharf part of the empire, while putting the shipping interests (now Bergesen Worldwide) under the control of another son in law, Helmut Sohmen.
Wooa??s diversified interests are reflected in his businesses, vastly focusing in real estate development in Hong Kong, China and Singapore. The group owns several investment properties such as Harbour City and Times Square in Hong Kong, as well as operating other businesses such as i-Cable Communications, Wharf T&T, Modern Terminals Limited and Marco Polo Hotels. Woo also owns the privately held, high-end luxury retail group LCJG, which includes Lane Crawford and the premier fashion house, Joyce. Woo also serves on the advisory board for various Fortune 500 companies and was appointed to various public service positions over the years. Currently he is a member of the Standing Committee of the Chinese Peoplea??s Political Consultative Conference.
Miscellaneous Projects:
Wooa??s commitment to the business community has garnered him much praise and recognition. In 1995 Woo was named a??Leader of the Yeara?? by the Hong Kong Standard. The HKSAR Go

Peter Woo Latest News

Tycoon Peter Woo invests in SHK

Hong Kong billionaire Peter Woo, chairman of property developers Wheelock & Co and Wharf (Holdings) Ltd, has a 1.84 percent stake worth HK$5.4 billion ($700 million) in rival developer Sun Hung Kai Properties Ltd, a public filing shows. Woo's family owns ...
Posted: November 12, 2012, 3:10 am

Revere Mourns the Loss of Restaurateur Peter Woo

Services were held Tuesday for Peter Woo, one of the most well-known businessmen in Revere who passed away February 26 after a brief illness. Friends and customers gathered at Peter Woo’s Restaurant last Monday night following his passing. The restaurant ...
Posted: March 9, 2017, 4:00 pm

Heir of Hong Kong's Wheelock keeps mum on restructuring

Douglas Woo, 39 this year, inherited chairmanship of the Hong Kong conglomerate from his father Peter Woo Kwong-ching in January 2014. Wharf, 58% owned by Wheelock, shocked the market last Wednesday by announcing plans to spin off six of its most valuable ...
Posted: August 14, 2017, 10:49 am

Peter Woo Discusses Lessons Learned From Y.K. Pao And His Own Succession Plans

In a cover interview in the new January issue of Forbes Asia, senior Hong Kong business leader Peter Woo talks about future plans for his main business, Wharf, and sizes up the first several months of C.Y. Leung’s tenure as Hong Kong’s chief executive.
Posted: January 9, 2013, 9:30 pm

Billionaire Li Explores Options for Fixed-Line Business

Billionaire Li Ka-shing is exploring options for his Hong Kong fixed-line phone business including a potential sale, according to people familiar with the matter, following a similar move by local property tycoon Peter Woo. Hong Kong’s richest man is ...
Posted: May 14, 2017, 9:46 pm
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