BillionaireNet
Lee
Patrick Lee
Rank #1162
HONG KONGManufacturingPaper

Patrick Lee

Net Worth
$3.517B
-1.36% (24h)
Patrick Lee, born in 1942, is a Hong Kong-based business magnate celebrated for founding Lee & Man Paper Manufacturing Limited, a major player in the industrial packaging sector. He built his empire in the paper industry after noting the lack of adequate packaging for his early handbag exports. As of 2024, he holds a net worth of $3.7 billion, positioning him as a significant figure in the global business landscape. Lee is also known for his philanthropy and community involvement.

The Full Dossier

Early Life

Patrick Lee was born in Hainan, China, and immigrated to Hong Kong as an orphan. He learned the art of business and trading from an uncle. After experiencing early success in the handbag business, he identified a gap in the market for packaging materials.

Rise to Success

Lee founded Lee & Man Paper Manufacturing Limited in 1994. The company quickly grew, becoming a major industrial packaging corporation in China. He served as the chairman and executive director of the company until 2013, focusing on senior staff management, corporate strategy, and public relations. His sons, Raymond and Edmond, now run the company.

Key Business Strategies

Lee's key strategies included vertical integration and a focus on the growing demand for packaging materials in China. The company produces linerboard and containerboard, essential for shipping and packaging. His strategic vision allowed Lee & Man Paper to capitalize on the booming Chinese economy and the increasing need for packaging solutions.

Philanthropy

While specific philanthropic details are not readily available, Lee is known for contributing to various educational initiatives and community services. His foundation focuses on achieving immediate and measurable impact in education and mental health, envisioning a community where individuals achieve economic self-sufficiency and are supported, especially those living with mental illnesses.

Career Timeline

2013

Handed over reins

Patrick Lee handed over the chairmanship to his son Raymond.

2006

Ventured into chemicals

Set up Lee & Man Chemical, now headed by his son Norman.

1994

Founded Lee & Man Paper

Established the company, which became a major industrial packaging corporation.

Philanthropic Impact

Education and Mental HealthUnknown

Education and Mental Health Support

Supports initiatives in education and mental health through the Patrick P. Lee Foundation.

Wealth Trajectory