Samuel Tak Lee | |
---|---|
Born | April 1939 (age 85) |
Nationality | Hong Konger |
Education | Diocesan Boys' School, Hong Kong |
Alma mater |
Massachusetts Institute of Technology Harvard Business School |
Occupation | Property developer |
Children | 7 |
Samuel Tak Lee or Lee Tak-Yee ( Chinese: 李德義; pinyin: Lǐ Déyì; Jyutping: Lei5 Dak1-ji6; born April 1939) is a Hong Kong property billionaire.
Lee was born in April 1939. [1] He was educated at Diocesan Boys' School in Mong Kok, [2] before earning bachelor's and master's degrees in civil and environmental engineering from the Massachusetts Institute of Technology in 1964. [3] Lee then earned an MBA from Harvard Business School. [4]
After finishing his studies, Lee returned to Hong Kong to join Prudential Enterprise, the real estate company founded by his father and uncle in 1958. [5] [6] He took control of the entire business from his brother Lee Tak-Yan in 1985. [7] Prudential Enterprises owns the Prudential Hotel [8] in Hong Kong and has significant holdings in Hong Kong, Japan, Switzerland and Singapore. [9] [10] In the UK, he purchased the 14 acre Langham Estate in London's Fitzrovia district in 1994. [11] [12] A real estate portfolio Lee indirectly established in Tokyo in 1999 was eventually sold in 2017 for approximately $1.2 billion. [13] [14] [15] [16] [17]
By 2019 Lee had become the largest shareholder in Shaftesbury plc a large London real estate investment trust with a 26.3 per cent stake. [18] [19] [20] There was persistent media speculation that Lee would eventually bid for control of Shaftesbury. [21] [22] [23] The Times also reported that Lee was suing Shaftesbury for £10.4 million in alleged losses over a share placing. [20] His interest in Shaftesbury was subsequently sold at a discount to Capco for $544 million in June 2020. [24] [25] [26]
Lee has been noted for his vigorous defence of his estate's legal rights and business interests. [7] [11] [27] According to Forbes, he had a net worth of $3.6 billion, as of January 2021. [28]
In 2007, Lee donated HK$9 million to Hong Kong's Diocesan Boys' School, of which he was a student between 1951 and 1958. [6] The donation was made to fund residential student growth with a new dormitory block for the school. One of Lee's sons was studying at the school at that time. [29] [30]
Lee donated $118 million in 2015 to the Massachusetts Institute of Technology, to be used to establish a real estate entrepreneurship lab focused on China. [31] The lab has been researching the impact of poor urban air quality on residents' health, social lives and behaviour. [32] [33]
Lee is married with seven children and lives between Hong Kong and London. [4] He reportedly owns the yachts Pelorus and Kogo. [34] [35] [36] The Lee family reported owns a Boeing aircraft and a large car collection. [37] [22]
Lee maintains a low profile and rarely speaks out about his many business dealings. [37] According to media reports and court documents Lee has a colourful personal life. [38] [27] [39] [40]
Samuel's son, Samathur Li Kin-kan, is famous for his divorce settlement, which the court of Hong Kong awarded his ex-wife HK$1.2 billion. [41] [42]
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Samuel Tak Lee | |
---|---|
Born | April 1939 (age 85) |
Nationality | Hong Konger |
Education | Diocesan Boys' School, Hong Kong |
Alma mater |
Massachusetts Institute of Technology Harvard Business School |
Occupation | Property developer |
Children | 7 |
Samuel Tak Lee or Lee Tak-Yee ( Chinese: 李德義; pinyin: Lǐ Déyì; Jyutping: Lei5 Dak1-ji6; born April 1939) is a Hong Kong property billionaire.
Lee was born in April 1939. [1] He was educated at Diocesan Boys' School in Mong Kok, [2] before earning bachelor's and master's degrees in civil and environmental engineering from the Massachusetts Institute of Technology in 1964. [3] Lee then earned an MBA from Harvard Business School. [4]
After finishing his studies, Lee returned to Hong Kong to join Prudential Enterprise, the real estate company founded by his father and uncle in 1958. [5] [6] He took control of the entire business from his brother Lee Tak-Yan in 1985. [7] Prudential Enterprises owns the Prudential Hotel [8] in Hong Kong and has significant holdings in Hong Kong, Japan, Switzerland and Singapore. [9] [10] In the UK, he purchased the 14 acre Langham Estate in London's Fitzrovia district in 1994. [11] [12] A real estate portfolio Lee indirectly established in Tokyo in 1999 was eventually sold in 2017 for approximately $1.2 billion. [13] [14] [15] [16] [17]
By 2019 Lee had become the largest shareholder in Shaftesbury plc a large London real estate investment trust with a 26.3 per cent stake. [18] [19] [20] There was persistent media speculation that Lee would eventually bid for control of Shaftesbury. [21] [22] [23] The Times also reported that Lee was suing Shaftesbury for £10.4 million in alleged losses over a share placing. [20] His interest in Shaftesbury was subsequently sold at a discount to Capco for $544 million in June 2020. [24] [25] [26]
Lee has been noted for his vigorous defence of his estate's legal rights and business interests. [7] [11] [27] According to Forbes, he had a net worth of $3.6 billion, as of January 2021. [28]
In 2007, Lee donated HK$9 million to Hong Kong's Diocesan Boys' School, of which he was a student between 1951 and 1958. [6] The donation was made to fund residential student growth with a new dormitory block for the school. One of Lee's sons was studying at the school at that time. [29] [30]
Lee donated $118 million in 2015 to the Massachusetts Institute of Technology, to be used to establish a real estate entrepreneurship lab focused on China. [31] The lab has been researching the impact of poor urban air quality on residents' health, social lives and behaviour. [32] [33]
Lee is married with seven children and lives between Hong Kong and London. [4] He reportedly owns the yachts Pelorus and Kogo. [34] [35] [36] The Lee family reported owns a Boeing aircraft and a large car collection. [37] [22]
Lee maintains a low profile and rarely speaks out about his many business dealings. [37] According to media reports and court documents Lee has a colourful personal life. [38] [27] [39] [40]
Samuel's son, Samathur Li Kin-kan, is famous for his divorce settlement, which the court of Hong Kong awarded his ex-wife HK$1.2 billion. [41] [42]
{{
cite web}}
: CS1 maint: multiple names: authors list (
link) CS1 maint: numeric names: authors list (
link)
{{
cite web}}
: |first=
has generic name (
help)CS1 maint: multiple names: authors list (
link)