BillionaireNet
McAulay
Ronald McAulay
Rank #1166
HONG KONGFinance & InvestmentsEnergy

Ronald McAulay

Net Worth
$3.504B
+0.14% (24h)
Ronald McAulay, born in Scotland in 1935 or 1936, is a prominent Hong Kong businessman with a current net worth of $3.5 billion. His wealth primarily stems from his significant holdings in the energy sector, particularly through CLP Holdings, a major power company in Hong Kong, and his involvement with The Hongkong and Shanghai Hotels. McAulay's career includes decades of service on the boards of these companies, as well as his expertise as a qualified accountant. Beyond business, he is also known for his contributions to the arts and philanthropy, serving as a trustee and member of various cultural institutions.

The Full Dossier

Early Life

Ronald James McAulay was born in Scotland in either 1935 or 1936. Details about his early life and childhood are not widely available, but he later pursued higher education at the University of Glasgow, where he earned a Master of Arts degree. McAulay is also a qualified accountant and a member of the Institute of Chartered Accountants of Scotland.

Rise to Success

McAulay's career took off through his involvement in major Hong Kong companies. He became a board member of CLP Group in 1968 and of Hongkong and Shanghai Hotels in 1972. His significant holdings in these companies have been a key source of his wealth. He is known for his strategic acumen, which has contributed to the success of these businesses. In recognition of his contributions, he was made Honorary Life President of The Hongkong and Shanghai Hotels upon his retirement from the board in 2017.

Key Business Strategies

McAulay's business strategy has focused on long-term investments and significant holdings in key companies within the energy and hospitality sectors. His association with CLP Holdings, a major power company, highlights his focus on the energy industry. He also holds a stake in The Hongkong and Shanghai Hotels, which operates the Peninsula Hotel chain.

Philanthropy

Ronald McAulay is committed to philanthropy, particularly in the arts. He is a member of the International Council of the Tate Gallery and a trustee of the Victoria and Albert Museum in London. He also supports various other commercial and art charitable organizations.

Career Timeline

2017

Retired from board, Hongkong and Shanghai Hotels

Retired from the board of Hongkong and Shanghai Hotels after 45 years of service, becoming Honorary Life President.

1972

Board Member, Hongkong and Shanghai Hotels

Became a board member of Hongkong and Shanghai Hotels, the operator of The Peninsula Hotels.

1968

Board Member, CLP Group

Joined the board of CLP Group, a major Hong Kong power company.

Philanthropic Impact

ArtsUnknown

Tate Gallery

Member of the International Council.

ArtsUnknown

Victoria and Albert Museum

Trustee

Wealth Trajectory