Hong Kong Real Estate Pioneer Lee Shau Kee Dies at 97

The founder of Henderson Land Development and a major philanthropist, Lee Shau Kee leaves a legacy of transformative impact on Hong Kong's property market and society.

Lee Shau Kee, founder of Henderson Land Development, passed away peacefully on March 17, 2025, surrounded by his family at the age of 97.
At the time of his death, Lee was Hong Kong's second-wealthiest individual, with a net worth of $30 billion, according to Forbes.
Lee co-founded Sun Hung Kai Properties before establishing Henderson Land in 1976, which became a dominant force in Hong Kong's real estate sector.
Henderson Land played a key role in shaping Hong Kong’s skyline, including projects like the International Finance Centre and developments in the New Territories.
A noted philanthropist, Lee donated billions to education and social causes in Hong Kong and mainland China, emphasizing diligence and frugality as guiding principles throughout his life.