Sammy Tak Lee

Sammy Tak Lee
Born Samuel Tak Lee
April 1939 (age 79)
Residence London, England
Nationality Hong Kong
Education Diocesan Boys' School, Hong Kong
Alma mater Massachusetts Institute of Technology
Harvard Business School
Occupation property developer
Net worth £2.736 billion (May 2017)[1]
Children 7

Samuel "Sammy" Tak Lee or Samuel "Sammy" Lee Tak-Yee (born April 1939) is a London-based Hong Kong billionaire property developer.

Early life

Samuel Tak Lee was born in April 1939.[2] He has a bachelor's degree from the Massachusetts Institute of Technology and an MBA from Harvard Business School. [3]

Career

Lee is the head of Prudential Enterprise which owns the Prudential Hotel in Hong Kong and a large portfolio of property around the world, including a 16-acre estate between Soho and Mayfair.[4][5]

One of his most prominent acquisitions was his purchase of London's historic Langham Estate for $75 million in 1994. He then developed The Knightsbridge Apartments in Knightsbridge, London.[6]

According to Forbes, he had a net worth of $2.8 billion, as of 2015, and was ranked 19th on Forbes' list of Hong Kong's wealthiest people.[7]

Philanthropy

In 2007, he donated $9 million to Hong Kong's Diocesan Boys' School, of which he was a student between 1951 and 1958.[8]

In 2015, Lee donated $118 million to the Massachusetts Institute of Technology, to be used to establish a real estate entrepreneurship lab focused on China.[9]

Personal life

He has seven children and lives between Hong Kong and London.[3]

References

  1. "Rich List 2017: #43, £850 million". The Sunday Times Magazine. 7 May 2017. p. 35.
  2. "Langham Estate Management Limited". Companies House. Retrieved 10 August 2015.
  3. 1 2 "Samuel Tak Lee". Forbes.com. Retrieved 11 May 2017.
  4. Chiu, Austin (21 Oct 2013). "Property tycoon Samuel Tak Lee challenges HK$1.4b awarded to son's ex-wife Florence Tsang Chiu-wing". The South China Morning Post. Retrieved 14 September 2017.
  5. Moore, Malcolm (2 December 2011). "Asian property tycoon heir to pay £95 million to ex-wife". The Daily Telegraph. Retrieved 14 September 2017.
  6. Ross Clark, They huff and they puff...but will they deliver? Ross Clark reports on an absurdly over-the top marketing ploy, The Daily Telegraph, 17 August 2002
  7. "Samuel Tak Lee". Forbes. Retrieved 26 April 2015.
  8. "Real Estate Billionaire Donates $118 Million to MIT". Forbes. 10 January 2015. Retrieved 28 April 2015.
  9. "Hong Kong tycoon Samuel Tak Lee donates US$118m to MIT for real estate studies". South China Morning Post. 9 January 2015. Retrieved 28 April 2015.


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