BillionaireNet
Lo
Vincent Lo
Rank #2542
HONG KONGreal-estateReal estate

Vincent Lo

Net Worth
$1.423B
-0.01% (24h)
Vincent Lo Hong-sui, born in Hong Kong on April 18, 1948, is a prominent figure in the real estate industry. As of 2024, his net worth is estimated at $1.4 billion. He is the Chairman of the Shui On Group, a building-materials and construction firm. Lo's career began in 1971 when he founded Shui On Group. He is best known for the development of Xintiandi in Shanghai, a landmark mixed-use district. He is a Justice of the Peace and has received the Grand Bauhinia Medal.

The Full Dossier

Early Life

Vincent Lo was born in Hong Kong on April 18, 1948. He is the son of Lo Ying-shek, a Hong Kong property tycoon. He graduated from the University of New South Wales, Australia, in 1969.

Rise to Success

Lo started his business in 1971 with a loan from his father. His first major project was investing in Shanghai in 1984, where he built a hotel. He is renowned for the development of Xintiandi in Shanghai, a project that revitalized a historic area into a high-end entertainment district, setting a model for urban renewal.

Key Business Strategies

Lo's key business strategy involves urban regeneration and sustainable development. His focus on quality, innovation, and excellence has been central to Shui On Group's success. The development of Xintiandi is a prime example of his strategy, preserving historical architecture while integrating modern amenities.

Philanthropy

Vincent Lo is known for his philanthropy and has been involved in community services, including participating in the preparatory works for the establishment of the Hong Kong Special Administrative Region.

Career Timeline

2017

Awarded Grand Bauhinia Medal

Received the Grand Bauhinia Medal from the Hong Kong SAR Government.

2001

Developed Xintiandi

Developed Shanghai's Xintiandi, an upscale shopping and entertainment district.

1995

Acquired First Cement Plant

Acquired first cement plant in Chongqing, making Shui On Group one of China's top cement companies.

1984

Invested in Shanghai

Began investing in Shanghai and built a hotel.

1971

Founded Shui On Group

Established a building-materials and construction firm.

Philanthropic Impact

PhilanthropyUndisclosed

Various Charitable Causes

Donated to various charitable causes.

Wealth Trajectory