Hong Kong Property Mogul Lee Shau Kee Passes Away at 97

Hong Kong property developer Lee Shau Kee, a prominent figure in the real estate industry, has died at the age of 97. Lee was the chairman of Henderson Land Development, one of the largest real estate companies in Hong Kong.

Real EstateHong KongProperty DeveloperLee Shau KeeHenderson Land DevelopmentReal Estate NewsMar 17, 2025

Hong Kong Property Mogul Lee Shau Kee Passes Away at 97
Real Estate News:Hong Kong property mogul Lee Shau Kee, who led one of the largest real estate firms in the city, died on October 25, 2023, at the age of 97. Lee was the chairman of Henderson Land Development, a company he co-founded in 1976, which has since become a cornerstone of Hong Kong's property market. His passing marks the end of an era in Hong Kong's business history.

Lee Shau Kee was born in 1928 in Zhejiang, China, and moved to Hong Kong in the 1950s. He began his career in the plastics industry before venturing into real estate. Lee's vision and business acumen played a pivotal role in transforming Hong Kong's skyline, with numerous iconic buildings and developments bearing the Henderson Land Development name.

Under Lee’s leadership, Henderson Land Development expanded its portfolio to include residential, commercial, and retail properties, both in Hong Kong and internationally. The company has been involved in major projects such as the development of the International Commerce Centre, the tallest building in Hong Kong, and the IFC Mall, a premier shopping destination in the city.

Lee's success in the real estate sector earned him a place among the world's wealthiest individuals. He was known for his conservative investment approach and his ability to navigate economic cycles, which helped Henderson Land Development weather financial storms and maintain a strong market position.

In addition to his business achievements, Lee Shau Kee was also recognized for his philanthropic efforts. He established the Lee Shau Kee Foundation, which focuses on education, social welfare, and cultural development. The foundation has supported numerous projects and initiatives, contributing to the betterment of society in Hong Kong and beyond.

Lee Shau Kee's legacy will be remembered not only for his contributions to the real estate industry but also for his commitment to community and social responsibility. His passing has left a significant void in the business community, and his family, colleagues, and admirers are mourning his loss.

As Hong Kong remains one of the world's most dynamic real estate markets, the impact of Lee Shau Kee's contributions will continue to be felt for generations to come. His life story serves as an inspiration to aspiring entrepreneurs and business leaders, highlighting the importance of perseverance, innovation, and social consciousness in building a successful and enduring enterprise.

Frequently Asked Questions

Who was Lee Shau Kee?

Lee Shau Kee was a prominent Hong Kong property developer and the chairman of Henderson Land Development, one of the largest real estate companies in Hong Kong. He was born in 1928 and passed away in 2023 at the age of 97.

What was Lee Shau Kee's role in Henderson Land Development?

Lee Shau Kee co-founded Henderson Land Development in 1976 and served as its chairman. Under his leadership, the company became a leading real estate firm in Hong Kong, known for major developments such as the International Commerce Centre and the IFC Mall.

What were some of Henderson Land Development's notable projects?

Henderson Land Development has been involved in several iconic projects, including the International Commerce Centre, the tallest building in Hong Kong, and the IFC Mall, a premier shopping destination in the city.

What is the Lee Shau Kee Foundation?

The Lee Shau Kee Foundation is a philanthropic organization established by Lee Shau Kee. It focuses on education, social welfare, and cultural development, supporting numerous projects and initiatives in Hong Kong and beyond.

How will Lee Shau Kee's legacy be remembered?

Lee Shau Kee's legacy will be remembered for his significant contributions to the real estate industry, his conservative investment approach, and his commitment to community and social responsibility through the Lee Shau Kee Foundation.

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