LeaderPortfolio
Lo
Vincent Lo
Rank #2806
HONG KONGDiversifiedReal estate

Vincent Lo

Net Worth
$1.375B
0% (24h)
Vincent Lo, born in Hong Kong on April 18, 1948, is a prominent billionaire businessman and real estate developer. He is the founder and chairman of Shui On Group, established in 1971. His source of wealth is primarily real estate, and he is known for his pioneering urban regeneration projects, most notably Xintiandi in Shanghai. His career has spanned decades, earning him recognition and awards for his contributions to business and public service, with a current estimated net worth of $1.4 billion.

The Full Dossier

Early Life

Vincent Lo was born in Hong Kong on April 18, 1948. His parents, Lo Ying-shek and Lo To Lee Kwan, were well-known figures in the city's real estate sector. His father co-founded Great Eagle Holdings. Vincent pursued his education at the University of New South Wales in Sydney, Australia, where he earned a Bachelor of Arts degree in economics in 1969.

Rise to Success

In 1971, at the age of 23, Lo founded Shui On Group, a building-materials and construction firm, with a loan from his father. He started investing in Shanghai in 1984 and built a hotel in partnership with the Communist Youth League. His significant achievement is the development of Xintiandi in Shanghai, a mixed-use district. His work has had a profound impact on urban planning in mainland China, inspiring planners to consider preserving historical sites.

Key Business Strategies

Lo is known for his long-term vision and meticulous planning. He focuses on creating large-scale developments that preserve historic neighborhoods. His approach includes a commitment to quality, innovation, and excellence. Shui On Land's strategy emphasizes the development of commercial properties.

Philanthropy

Lo has been involved in community services, including the preparatory works for the establishment of the Hong Kong Special Administrative Region. He serves as Honorary Court Chairman of the Hong Kong University of Science and Technology (HKUST).

Career Timeline

2017

Grand Bauhinia Medal

Awarded the Grand Bauhinia Medal by the Hong Kong SAR Government.

2009

Ernst & Young Entrepreneur of the Year

Awarded Ernst & Young Entrepreneur of the Year in China, specifically in the real estate sector.

2001

Hong Kong Business Awards

Named Businessman of the Year at the Hong Kong Business Awards.

1984

Investment in Shanghai

Began investing in Shanghai and built a hotel.

1971

Founded Shui On Group

Established Shui On Group, a building-materials and construction firm, at the age of 23.

1969

Graduation

Graduated from the University of New South Wales, Australia, with a degree in Economics.

Philanthropic Impact

EducationUndisclosed

HKUST Fundraising

Contributes to fundraising efforts at the Hong Kong University of Science and Technology.

EducationUndisclosed

Vocational Training Program

Backed charitable initiatives focused on education and youth development in China. Signed a donation agreement with the China Foundation for Poverty Alleviation (CFPA) to establish a vocational training program.

Wealth Trajectory