Early Life and Education
Joseph Lau was born in Hong Kong on July 19, 1951. He attended the University of Windsor in Canada. Upon returning to Hong Kong in 1974, he joined his family's business, which manufactured electric fans.
Rise to Success
In 1978, Lau established Evergo Industrial Enterprise. In 1986, he became the majority shareholder of Chinese Estates Holdings. Under Lau's leadership, the company expanded its real estate investments, including in Mainland China. He became known for his business instincts, navigating the regulatory environment of Hong Kong's property market.
Key Business Strategies
Lau's strategies included taking over the family business and diversifying it to investment holding and property management. Lau expanded his real estate investments through a series of acquisitions. He has focused on luxury and high-end markets in real estate.
Philanthropy
Joseph Lau has a history of significant charitable contributions through The Joseph Lau Luen Hung Charitable Trust. Since the early 1990s, the Trust has donated nearly HK$5 billion to various institutions. Major beneficiaries include education and healthcare, each accounting for approximately 20% of the total. During the pandemic, the Trust contributed to support programs for film workers.