Lee Shau-Kee, Hong Kong Real Estate Tycoon, Dies at 97

Lee Shau-kee, a Hong Kong real estate tycoon who founded Henderson Land Development, passed away at 97, leaving behind a legacy of building affordable housing for middle-class residents. With an estimated net worth of $29.2 billion, he was known for his shrewd investments and philanthropy efforts through the Lee Shau-Kee Foundation, supporting education and vocational training in China and other countries. Despite challenges in the real estate market, Mr. Lee’s business acumen and foresight in catering to the needs of Hong Kong’s growing population solidified his status as one of the wealthiest individuals in the world.

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