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Hong Kong Property Tycoon and Former Richest Man Lee Shau-kee Passes Away at 97

Mar 18, 2025, 12:06 a.m. ET

AsianFin -- Lee Shau-kee, the founder of Henderson Land Development and once Hong Kong's wealthiest individual, passed away peacefully on March 17, 2025, at the age of 97.

Affectionately known as "Four Uncle," Li's death signifies the end of an era for Hong Kong's property market and highlights his enduring legacy in shaping the region's development.

A visionary entrepreneur, Lee played a pivotal role in transforming Hong Kong's skyline and real estate landscape. His contributions to the city's growth and prosperity have left an indelible mark, cementing his status as one of the most influential figures in Hong Kong's history.

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