Name
Lo Siu-tong
Lo Siu-tong
Hong Kong, Hong Kong
Hong Kong
real estate, hotels, Self Made
$1,300,000,000
1717
#1717 Billionaires 2019
#48 Hong Kong's 50 Richest 2019
Property tycoon Lo Siu-tong founded Yu Tai Hing Co. in 1966. He started out redeveloping old buildings and today his company owns an array of offices, residences and shops.Its developments include the prime 100 Queen's Road Central office building in Hong Kong. Lo's eldest son, Alexander Law, owns a chain of five budget hotels in Hong Kong and three in China under the Bridal Tea House brand.His youngest son, Dennis Law, runs the company and is also a movie scriptwriter, producer and director.
At the age of 12 Lo started working in his father's pawnshop business, eventually building up the company and making his own fortune before tapping into property.
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