Cheng Yu-tung GBM was a Hong Kong billionaire with extensive property investment, development and service businesses, hotels, infrastructure, jewellery retailing and transportation interests in Hong Kong, Macau, United States, Australia and other areas.
10 Facts About Cheng Yu-tung
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Cheng Yu-tung was considered to be Hong Kong's third richest man at the time of his death.
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Cheng Yu-tung founded and owned Chow Tai Fook Enterprises, a conglomerate which operates the Sheraton Marina hotel and controls the publicly listed property developer New World group, which Cheng founded in 1970.
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Cheng Yu-tung's wealth originated from his jewellery business, Chow Tai Fook.
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Cheng Yu-tung had interests in Shun Tak Holdings, and Macau casino operator Sociedade de Turismo e Diversoes de Macau, owned by Stanley Ho.
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Cheng Yu-tung was a one-time real-estate investment partner of Donald Trump.
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Cheng Yu-tung served on the board of Hang Seng Bank, Hong Kong's third-largest bank.
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Cheng Yu-tung represented the Kingdom of Bhutan in Hong Kong, serving as the honorary consul for the country.
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In 1943, Cheng Yu-tung married Chow Tsui-ying, the daughter of Chow Chi-yuen.
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Cheng Yu-tung died on September 26,2016, in Hong Kong, after a 2012 brain haemorrhage had left him bedridden.