In the 1920s, as his family’s Chinese real estate empire grew to new heights, Victor Sassoon commissioned the Sassoon House, which would house some of the most luxurious amenities of the time.
Sassoon FamilyVictor SassoonReal EstateShanghaiPeace HotelReal EstateNov 09, 2024
Victor Sassoon was a prominent businessman and member of the Sassoon family. He played a crucial role in expanding the family’s real estate empire in China during the 1920s and 1930s.
The Sassoon House, later known as the Peace Hotel, was a luxurious building commissioned by Victor Sassoon in the 1920s in Shanghai. It featured a blend of Art Deco and traditional Chinese architectural styles and included amenities like a swimming pool and opulent suites.
The Sassoon family became wealthy through their extensive trading operations in opium, cotton, and other commodities, as well as their investments in real estate and various industries. They expanded their business from Bombay to Shanghai, where they established a significant presence.
The Sassoons faced challenges such as political instability and the rise of communism in China, which led to the seizure of many of their properties during the Chinese Civil War in the 1940s.
The Sassoon family’s legacy in Shanghai is marked by the iconic Peace Hotel and their significant contributions to the city’s real estate and business sectors. Despite facing challenges, their influence continues to be felt in various parts of the world.
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