Cheng Yu-tung

This is a Chinese name; the family name is Cheng.

Dr. Cheng Yu-tung GBM
Born	26 August 1925 (1925-08-26) (age 86) Shunde, Guangdong, Republic of China
Net worth	US$9 billion (2011)[1]
Spouse	Tsui-ying Chow (m.1943)
Children	Henry Cheng, Ka-shing Cheng
Relatives	Chi-yuen Chow (father-in-law)

Cheng Yu-tung GBM (simplified Chinese: 郑裕彤; traditional Chinese: 鄭裕彤; Mandarin Pinyin: Zhèng Yùtóng; Jyutping: Cheng6 Yu6 Tung4; born 1925 in Lunjiao, Shunde, Guangdong) is a Hong Kong billionaire with extensive business dealings and real estate interests in both Hong Kong and Macau. He owns the privately-held Chow Tai Fook Enterprises, a conglomerate which operates the Sheraton Marina hotel and controls the publicly listed New World group. He also has interests in Shun Tak Holdings, and the Sociedade de Turismo e Diversoes de Macau, owned by Stanley Ho.

Cheng’s wealth originated from his jewellery business, Chow Tai Fook.^[2] Cheng’s grandson, 32-year-old Adrian Cheng Chi-kong, is set to inherit part of Chow Tai Fook and the Hong Kong-listed New World group, active in property and infrastructure.^[3]

Cheng also serves on the board of the Hang Seng Bank, Hong Kong's third-largest bank.

He represents the Kingdom of Bhutan in Hong Kong, serving as the honorary consul for the country.

See also

• Wen Jiabao

References

• Newsbreak
• Corporate profile
• Forbes listing

External links

• New Word Development Company
• Shun Tak Holdings

Order of precedence
Preceded by Henry Hu Recipient of the Grand Bauhinia Medal	Hong Kong order of precedence Recipient of the Grand Bauhinia Medal	Succeeded by Chan Sui-kau Recipient of the Grand Bauhinia Medal

Persondata
Name	Cheng, Yu-tung
Alternative names
Short description
Date of birth	1925
Place of birth
Date of death
Place of death

1. ^ Richester People in Hong Kong 2011, Forbes.com. March 2011.
2. ^ Forbes "#4 Cheng Yu-tung", Forbes
3. ^ Alex Frew McMillan "Still in Control, Hong Kong Property Tycoons Face a Younger Generation", CNBC, 24 October 2011