Hui Wing Mau: Hui Wing Mau Net Worth, Biography, Age, Spouse, Children & More

About Hui Wing Mau

Renowned Chinese-Australian billionaire and entrepreneurial force Xu Rongmao, founder of Shimao Property, is a key figure in Shanghai's real estate industry, boasting a 2021 net worth of $10.3 billion. A Fujian Province native, Rongmao progressed from high school graduate to barefoot doctor, before his Hong Kong migration and eventual global business expansion. His property empire includes pioneering projects in China and significant Australian ventures, with philanthropic pursuits equally noted, including being the New South Wales Australian Labor Party's top donor in 2003-04. Xu's financial standing garners recognition on prominent wealth lists, including Financial Review Rich List and Forbes China Rich List.

Born

July 01, 1950 in Shishi, Fujian, China

Age

75 years

Source Of Wealth

Real Estate

Industries

Real Estate

Citizenship

Hong Kong

Residence

Hong Kong

Education

Master of Business Administration, University of South Australia

Xu Rongmao, a prominent Chinese-Australian entrepreneur and billionaire, was born in Shishi, Fujian Province, China. He is the eldest of eight children. During the Cultural Revolution, he graduated from high school and was subsequently sent to the countryside to work as a barefoot doctor. In the 1970s, he emigrated to Hong Kong and found employment as a textile worker.

Hui Wing Mau: Family

There is no information provided about Xu Rongmao's family.

Hui Wing Mau: Career Highlights

In 1988, Xu Rongmao made an investment in a knitting factory in his hometown. However, instead of establishing a factory, he constructed a hotel. This endeavor led him to become the owner of the first private three-star hotel in China. Subsequently, he began investing in the development of residential complexes and resorts in Fujian. During the 1990s, he expanded his real estate business into Beijing and Shanghai. Additionally, he undertook several property ventures in Australia during the same period.

In 2005, Xu Rongmao relocated his family to Darwin, Australia. He went on to complete a Master of Business Administration degree through distance learning from the University of Adelaide. Notably, he was the largest individual donor to the NSW branch of the Australian Labor Party during 2003-04. In the 2000s, he acquired listed companies such as Shimao Holdings and Shimao International. A significant milestone was achieved in 2006 when Shimao Property was listed on the Hong Kong Stock Exchange.

Hui Wing Mau: Companies

Xu Rongmao is the founder and chairman of Shimao Property, a prominent real estate development company in China. Additionally, he has been involved with other companies, including Shimao Holdings and Shimao International.

Hui Wing Mau: Major Achievements

Xu Rongmao's major achievements include establishing Shimao Property as one of the largest property developers in Shanghai and becoming a billionaire entrepreneur. He is recognized for his successful investments in real estate ventures in China and Australia.

Hui Wing Mau: Awards & Achievements

There is no information provided about Xu Rongmao's awards and achievements.

Hui Wing Mau: Personal Life & Legacy

In 2008, Xu Rongmao expressed interest in purchasing Newcastle United F.C., a football club in England.

He is known for his philanthropic contributions, having served as the largest individual donor to the NSW branch of the Australian Labor Party during 2003-04.

Hui Wing Mau: Trivia

Xu Rongmao's net worth has been estimated at $10.3 billion as of 2021. He has been featured on several wealth lists, including the Financial Review Rich List, Forbes China Rich List, and Hurun Report China Rich List.

Wealth History

Timeline

Xu Rongmao is born in Shishi, Fujian Province, China.

Xu Rongmao graduates from high school during the Cultural Revolution.

Xu Rongmao is sent to the countryside to work as a barefoot doctor.

1970s

Xu Rongmao emigrates to Hong Kong and works as a textile worker.

1988

Xu Rongmao invests in a knitting factory in his hometown in 1988, but builds a hotel instead.

Xu Rongmao becomes the owner of the first private three-star hotel in China.

Xu Rongmao starts investing in developing residential complexes and resorts in Fujian.

1990s

Xu Rongmao expands real estate business into Beijing and Shanghai.

1990s

Xu Rongmao undertakes several property ventures in Australia.

2003-04

Xu Rongmao is the largest individual donor to the NSW branch of the Australian Labor Party.

2005

Xu Rongmao moves his family to Darwin, Australia.

Xu Rongmao completes Master of Business Administration via distance-learning from the University of Adelaide.

2000s

Xu Rongmao acquires listed companies including Shimao Holdings and Shimao International.

2006

Shimao Property is listed on the Hong Kong Stock Exchange.

2008

Xu Rongmao expresses interest in buying Newcastle United F.C.

Xu Rongmao is compiled on the Financial Review Rich List, Forbes China Rich List, and Hurun Report China Rich List.

Hui Wing Mau : FAQs

What is Hui Wing Mau's current net worth?

Hui Wing Mau's current net worth is $1.86 billion.

What is Hui Wing Mau's current global rank among billionaires?

Hui Wing Mau holds the 2208th position globally among billionaires.

What is Hui Wing Mau's current ranking within the Hong Kong?

Hui Wing Mau holds the 57th position in Hong Kong.

What was the change in Hui Wing Mau's net worth compared to the previous year?

Hui Wing Mau's net worth decreased by 57.79 million dollars compared to the previous year 2025, when his net worth was 1.92 billion dollars.

What is the recent change in Hui Wing Mau's net worth?

Hui Wing Mau's net worth decreased by 2.35 million dollars recently, a 0.13% decrease, with his net worth standing at 1.86 billion dollars.

What are Hui Wing Mau's main sources of wealth?

Hui Wing Mau's main source of income comes from Real Estate.

In which industry does Hui Wing Mau primarily operate?

Hui Wing Mau is primarily involved in the Real Estate industry.

What is Hui Wing Mau educational background?

Hui Wing Mau holds a Master of Business Administration from the University of South Australia.

How old is Hui Wing Mau?

Hui Wing Mau is 75 years old.

How many children does Hui Wing Mau have?

Hui Wing Mau has 2 children.

Who is Xu Rongmao and what is his contribution to the real estate industry?

Xu Rongmao is a Chinese-Australian entrepreneur and billionaire, known for founding Shimao Property. Estimated to be one of the largest property developers in Shanghai, Xu's company has significantly impacted the real estate industry both in China and Australia.

What can you tell us about Xu Rongmao's early life and challenges he faced?

Xu Rongmao was born in Shishi, Fujian Province, China, and was the oldest among eight siblings. After graduating from high school during the Cultural Revolution, he worked as a barefoot doctor in the countryside. He later emigrated to Hong Kong in the 1970s and began his career as a textile worker.

What milestones mark Xu Rongmao's career in real estate and beyond?

Xu Rongmao's career took off when he invested in a hotel in his hometown in 1988, becoming the owner of China's first private three-star hotel. He expanded his real estate endeavors into major cities like Beijing and Shanghai in the '90s and entered the Australian market. He's also notable for being listed on the Financial Review Rich List and completing an MBA from the University of Adelaide.

How has Xu Rongmao influenced the political and sports landscape?

Xu Rongmao has had a significant impact beyond business, as he was the largest individual donor to the NSW branch of the Australian Labor Party in 2003-04. Additionally, he showed his interest in sports by expressing a desire to buy Newcastle United F.C. in 2008.