BillionaireNet
Lo
Yvonne Lo
Rank #2835
HONG KONGManufacturingTextile

Yvonne Lo

Net Worth
$1.21B
-1.91% (24h)
Yvonne Lo is a Hong Kong-born entrepreneur with an estimated net worth of $1.3 billion as of December 2024. Her source of wealth stems from her co-founding of Crystal International Group, a leading textile manufacturer. She currently serves as the Vice Chairman of the company. Lo, alongside her husband Kenneth Lo, transformed a modest sweater factory into a global garment manufacturing powerhouse with over 80,000 employees across 20 sites worldwide. Her career reflects a blend of experience in hospitality, food and beverage, and technology, with a focus on brand building and consumer behavior.

The Full Dossier

Early Life

Yvonne Lo was born and raised in Hong Kong and later pursued her education in the United States, graduating from Michigan State University with a degree in Business, Hospitality. Her early career began in the hospitality industry, working for a luxury hotel chain, before she started her own catering business in 2004.

Rise to Success

In 1970, Yvonne Lo co-founded Crystal International Group with her husband, Kenneth Lo. They built a small sweater factory into one of Asia's largest garment manufacturers, with a global presence and over 80,000 employees. Crystal International Group produces garments for major brands such as Fast Retailing, Gap, Abercrombie & Fitch, Nike, Adidas and Puma. Yvonne Lo serves as the Vice Chairman of Crystal International Group.

Key Business Strategies

Crystal International Group's success is attributed to its strategic partnerships and efficient production processes, maintaining a global perspective to stay ahead of industry trends. The company focuses on high-quality fabrics and complete control over its production processes. Key customers include global brands like Marks & Spencer, Victoria's Secret, and J.C. Penney.

Philanthropy

While specific amounts are not readily available, Yvonne Lo is involved in philanthropic endeavors. Her focus is on giving back to the community, as demonstrated in her charitable art exhibitions.

Career Timeline

2015

Co-founded BuddyPhones

Partnered with Petur Hannes Olafsson to launch a line of kid-friendly headphones.

2004

Started Catering Venture

Ventured into the food industry, highlighting her diverse business interests.

1970

Co-founded Crystal International Group

Established a garment manufacturing company with her husband Kenneth Lo, which grew into a global textile giant.

Philanthropic Impact

Arts and CultureUndisclosed

Charitable Art Exhibitions

Donated proceeds from art exhibitions to charity.

Wealth Trajectory