On the evening of November 11, Galaxy Entertainment and K. Wah International Group announced that Chairman Lui Che-woo passed away last Thursday (November 7) at the age of 95.
Both companies said they would announce the new chairman as soon as possible.
When Li Ka-shing announced his retirement at the age of 90, a reporter once visited Lui Che-woo and asked him if he had any relevant plans. At that time, he said that he would not retire.
Lui Che Woo served as the chairman of the boards of two companies. He worked hard during his lifetime and did not pass the stick to his children.
The news of Lui Che Woo's death was very sudden. His last appearances were at the end of August and September this year.
html At the end of August, the "national team" for the Paris Olympics visited Hong Kong and stayed at a five-star hotel owned by Lui Che-woo. At that time, accompanied by his secretary, he stood in the hotel lobby to personally greet the athletes.
Some netizens released live clips. 95-year-old Lui Che-woo smiled and applauded throughout the whole process. The staff helped Lui Che-woo sit down many times for fear of physical fatigue, but he stood up quickly and was in very good spirits.
At that time, the staff brought the three athletes Pan Zhanle, Sun Yingsha and Quan Hongchan to Lui Che-woo and shook hands with Lui Che-woo.
In September this year, Lui Che-woo celebrated his 95th birthday. At that time, his five children, Lui Yiu-tung, Lui Yiu-nam, Lui Yiu-wa, Lui Hui-yu and Lui Hui-ling, held a unique and grand dinner for him to celebrate Lui Che-woo's "precious birthday".
Celebrities from the political and business circles attended to congratulate Lui Che-woo on his birthday. George Lam and Mo Warren performed live. Lui Che-woo also sang "A Man Should Be Strong" with Lin Zixiang.
At that time, Lui Che-woo was in good spirits, and no one expected that he would pass away two months later.
Lui Che-woo was born in Jiangmen, Guangdong in 1929. His ancestral home is Xinhui. The business scope of his two companies involves real estate, entertainment, hotels, building materials and other industries. This year, he ranked seventh in Hong Kong and 168th in the world with a net worth of approximately HK$113.1 billion. .
Based on recent stock prices, the total market value of Lui Che-woo’s two companies, Galaxy Entertainment and K. Wah, has reached HK$163 billion.
Lui Che Woo got involved in the Hong Kong real estate industry in the 1970s, expanded the hotel business in the 1980s, and expanded the business to the mainland in the 1990s. In 2002, he won the Macau entertainment license and became one of the six gaming operators.
Lui Che-woo came from a large family and moved to Hong Kong with his family in 1934. It is reported that he grew up in a wealthy family and had a maid to accompany him to school when he was a child. However, he was later forced to drop out of school because of Japan's invasion of China.
Lui Che-woo's great-grandfather Lui Deying went to California, the United States, at the age of 15. From a worker to a big boss who ran several farms, he was once the largest Chinese supplier in the U.S. import and export market.
When Lu Zhihe was born, the Lu family was already one of the richest families in Jiangmen.
In order to escape the war, Lui Che-woo's father moved his family to Hong Kong. The Lui family purchased many properties in the Yau Ma Tei area of Hong Kong for rental.
However, after the Japanese army occupied Hong Kong, Lu's father was forced to give up all his business and his assets were occupied. The Lu family lost everything overnight.
Lui Che-woo was forced to drop out of school and start a business when he was only 13 years old. During the war years, he made money by selling "snacks" (nanru peanuts, peanut candies, sponge cakes, etc.) on the streets.
In that era, food was a luxury product. Lui Che-woo used relatively cheap Shahe noodles to make "Shahe Noodles Shaqima". He also steamed the rice with bamboo leaves and fried it in an oil pan to make a very popular dish. "Fried rice dumplings", his small business is getting bigger and bigger.
When Lui Che-woo was only 16 years old, he had a "Japanese military ticket" worth 500,000 Hong Kong dollars, which was enough to buy a street of houses at the time.
However, after Japan's defeat, the British Hong Kong government restored the Hong Kong dollar as Hong Kong's legal currency, and the "military notes" held by Lui Che-woo became worthless.
He started over, learning car repair technology and mechanical knowledge from relatives, and attending night classes.
Lui Che-woo paid attention to market trends and found that the prices of auto parts changed greatly, so he used his savings to establish an auto parts sales company and earned his entrepreneurial fund.
Lui Che-woo is very business-savvy. In the 1950s, he purchased the surplus supplies of the US military in Okinawa, such as mountain drills, bulldozers, jeeps and other heavy machinery, and shipped them to Hong Kong. Originally, he just rented out the machinery to make money, but later encountered the rapid economic development. , he decided to develop his own quarry business and became the "Stone King".
In the late 1970s, Lui Che-woo began to purchase land, build hotels, and enter the real estate industry.
From the 1980s to the 1990s, Lui Che-woo took advantage of the reform and opening up in the mainland to expand his building materials and real estate business to the mainland.
Lui Che-woo's most successful investment in his later years was "Galaxy Entertainment".
His company owns projects such as Galaxy Macau, Broadway Macau and StarWorld Hotel in Macau. In 2014, the stock price of "GEG" rose, and Lui Che-woo once became the richest man in Hong Kong and was known as the "new gambling king".
Compared with other Hong Kong rich people, Lui Che-woo is very low-key. His biggest hobby is playing golf and mahjong.
In his later years, Lui Che-woo would wear a hat when attending public events, and his personal image was very prominent.
When he was interviewed, he revealed that he often caught colds in the past. He found out that he had been meeting in the conference room for a long time. Sitting in the air-conditioned room was blown by the air-conditioning. Not only did he lose hair, but his body also became weak, so he started wearing hats. It can block the wind and look good. It serves multiple purposes.
Lui Che Woo’s marriage relationship is very simple. He only has one wife, Zhao Jinping. They have been married for more than 70 years and have three sons and two daughters.
It is reported that Zhao Jinping gave her husband a great degree of freedom, and he was happy, and Lui Che-woo was also happy.
Mrs. Lu is very beautiful and has an outstanding temperament. She is as low-key as her husband and rarely attends public events. The outside world does not know much about her.
When Lui Che Woo celebrated his 95th birthday, he and his wife were in the same frame, and the two showed affection. On the evening of November 11, Galaxy Entertainment and K. Wah International Group announced that Chairman Lui Che-woo passed away last Thursday (November 7) at the age of 95. Both companies said they would announce the new chairman as soon as possible. When Li Ka-shing announced his retirement at the age of 90, a reporter once visited Lui Che-woo and asked him if he had any relevant plans. At that time, he said that he would not retire. Lui Che Woo served as the chairman of the boards of two companies. He worked hard during his lifetime and did not pass the stick to his children. The news of Lui Che Woo's death was very sudden. His last appearances were at the end of August and September this year. html At the end of August, the "national team" for the Paris Olympics visited Hong Kong and stayed at a five-star hotel owned by Lui Che-woo. At that time, accompanied by his secretary, he stood in the hotel lobby to personally greet the athletes. Some netizens released live clips. 95-year-old Lui Che-woo smiled and applauded throughout the whole process. The staff helped Lui Che-woo sit down many times for fear of physical fatigue, but he stood up quickly and was in very good spirits. At that time, the staff brought the three athletes Pan Zhanle, Sun Yingsha and Quan Hongchan to Lui Che-woo and shook hands with Lui Che-woo. In September this year, Lui Che-woo celebrated his 95th birthday. At that time, his five children, Lui Yiu-tung, Lui Yiu-nam, Lui Yiu-wa, Lui Hui-yu and Lui Hui-ling, held a unique and grand dinner for him to celebrate Lui Che-woo's "precious birthday". Celebrities from the political and business circles attended to congratulate Lui Che-woo on his birthday. George Lam and Mo Warren performed live. Lui Che-woo also sang "A Man Should Be Strong" with Lin Zixiang. At that time, Lui Che-woo was in good spirits, and no one expected that he would pass away two months later. Lui Che-woo was born in Jiangmen, Guangdong in 1929. His ancestral home is Xinhui. The business scope of his two companies involves real estate, entertainment, hotels, building materials and other industries. This year, he ranked seventh in Hong Kong and 168th in the world with a net worth of approximately HK$113.1 billion. . Based on recent stock prices, the total market value of Lui Che-woo’s two companies, Galaxy Entertainment and K. Wah, has reached HK$163 billion. Lui Che Woo got involved in the Hong Kong real estate industry in the 1970s, expanded the hotel business in the 1980s, and expanded the business to the mainland in the 1990s. In 2002, he won the Macau entertainment license and became one of the six gaming operators. Lui Che-woo came from a large family and moved to Hong Kong with his family in 1934. It is reported that he grew up in a wealthy family and had a maid to accompany him to school when he was a child. However, he was later forced to drop out of school because of Japan's invasion of China. Lui Che-woo's great-grandfather Lui Deying went to California, the United States, at the age of 15. From a worker to a big boss who ran several farms, he was once the largest Chinese supplier in the U.S. import and export market. When Lu Zhihe was born, the Lu family was already one of the richest families in Jiangmen. In order to escape the war, Lui Che-woo's father moved his family to Hong Kong. The Lui family purchased many properties in the Yau Ma Tei area of Hong Kong for rental. However, after the Japanese army occupied Hong Kong, Lu's father was forced to give up all his business and his assets were occupied. The Lu family lost everything overnight. Lui Che-woo was forced to drop out of school and start a business when he was only 13 years old. During the war years, he made money by selling "snacks" (nanru peanuts, peanut candies, sponge cakes, etc.) on the streets. In that era, food was a luxury product. Lui Che-woo used relatively cheap Shahe noodles to make "Shahe Noodles Shaqima". He also steamed the rice with bamboo leaves and fried it in an oil pan to make a very popular dish. "Fried rice dumplings", his small business is getting bigger and bigger. When Lui Che-woo was only 16 years old, he had a "Japanese military ticket" worth 500,000 Hong Kong dollars, which was enough to buy a street of houses at the time. However, after Japan's defeat, the British Hong Kong government restored the Hong Kong dollar as Hong Kong's legal currency, and the "military notes" held by Lui Che-woo became worthless. He started over, learning car repair technology and mechanical knowledge from relatives, and attending night classes. Lui Che-woo paid attention to market trends and found that the prices of auto parts changed greatly, so he used his savings to establish an auto parts sales company and earned his entrepreneurial fund. Lui Che-woo is very business-savvy. In the 1950s, he purchased the surplus supplies of the US military in Okinawa, such as mountain drills, bulldozers, jeeps and other heavy machinery, and shipped them to Hong Kong. Originally, he just rented out the machinery to make money, but later encountered the rapid economic development. , he decided to develop his own quarry business and became the "Stone King". In the late 1970s, Lui Che-woo began to purchase land, build hotels, and enter the real estate industry. From the 1980s to the 1990s, Lui Che-woo took advantage of the reform and opening up in the mainland to expand his building materials and real estate business to the mainland. Lui Che-woo's most successful investment in his later years was "Galaxy Entertainment". His company owns projects such as Galaxy Macau, Broadway Macau and StarWorld Hotel in Macau. In 2014, the stock price of "GEG" rose, and Lui Che-woo once became the richest man in Hong Kong and was known as the "new gambling king". Compared with other Hong Kong rich people, Lui Che-woo is very low-key. His biggest hobby is playing golf and mahjong. In his later years, Lui Che-woo would wear a hat when attending public events, and his personal image was very prominent. When he was interviewed, he revealed that he often caught colds in the past. He found out that he had been meeting in the conference room for a long time. Sitting in the air-conditioned room was blown by the air-conditioning. Not only did he lose hair, but his body also became weak, so he started wearing hats. It can block the wind and look good. It serves multiple purposes. Lui Che Woo’s marriage relationship is very simple. He only has one wife, Zhao Jinping. They have been married for more than 70 years and have three sons and two daughters. It is reported that Zhao Jinping gave her husband a great degree of freedom, and he was happy, and Lui Che-woo was also happy. Mrs. Lu is very beautiful and has an outstanding temperament. She is as low-key as her husband and rarely attends public events. The outside world does not know much about her. When Lui Che Woo celebrated his 95th birthday, he and his wife were in the same frame, and the two showed affection.
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