Portrait of Tung Chee Hwa

Rank #1349

Tung Chee Hwa

Net worth $3.2B

Shipping · Hong Kong

Born
Jul 07, 1937
Age
88
Source
Shipping
Residence
Hong Kong
Citizenship
Hong Kong
Marital status
Married
Children
3
Education
Bachelor of Science in Engineering, University of Liverpool

Net worth over time

Biography

  • Tung Chee Hwa is the eldest son of shipping magnate Tung Chao Yung, who founded what became one of Hong Kong's largest shipping companies.
  • After running Orient Overseas for 14 years, Chee Hwa handed over the reins to younger brother Chee Chen in order to serve as Hong Kong's first chief executive.
  • In 2018 the two brothers sold their entire 68.7% stake to China shipping giant COSCO, pocketing $4.3 billion.
  • His two sons, Alan and Andrew, were both executives at Orient Overseas.