Cheng Yu-tung [forbeschina.com] |
Age: 87
Source of Wealth: diversified, self-made
Country of Citizenship: China (Hong Kong)
Marital Status: Married
Children: 4
Zheng Yutong is a Hong Kong's great postwar titan of commerce. He retired as chairman of flagship New World Development at the end of 2012, succeeded by his son Henry. The price of New World's Hong Kong-traded stock was nearly doubled, but shares in his family's Chow Tai Fook Jewellery were weakened on disappointing profits.
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