Peter Woo

Peter Woo

$13.46 B

Ranked #213 in World

About Peter Woo

Hong Kong billionaire Peter Woo Kwong-ching, a towering figure in real estate with a $14 billion net worth, has significantly influenced both commerce and philanthropy. Born in Shanghai and Hong Kong-educated (St Stephen's College, University of Cincinnati, Columbia MBA), Woo dominated businesses like Wheelock and Wharf Holdings. His impact extends from luxury retail (LCJG) to strategic advisory roles for JPMorgan Chase and GE. His political engagements and high honors, including the Grand Bauhinia Medal, underscore a storied career.

Born

September 05, 1946 in Shanghai, China

Age

79 years

Source Of Wealth

Real Estate

Industries

Real Estate

Citizenship

Hong Kong

Residence

Hong Kong

Education

Master of Business Administration, Columbia Business School

Spouse

Bessie Pao Pui-yung

Children

3 (including Douglas Woo)

Peter Woo Kwong-ching, a prominent Hong Kong billionaire businessman, was born in Shanghai in 1946. His ancestral roots trace back to Ningbo, Zhejiang. In 1949, Woo's family relocated to Hong Kong, where he spent his formative years.

Peter Woo: Family

Woo comes from a close-knit family. He met his wife, Bessie, through an arranged marriage setup. However, fate had a different plan, as he fell in love with Bessie's sister instead. They eventually got married and built a strong family together.

Peter Woo: Career Highlights

Woo's career took off when he worked at Chase Manhattan Bank in both New York and Hong Kong. During this time, he gained valuable experience in the financial industry. His diversified interests led him to venture into real estate development across Hong Kong, China, and Singapore.

Woo's business empire includes ownership of investment properties such as Harbour City and Times Square in Hong Kong. He also operates various businesses, including i-Cable Communications, Wharf New T&T, Modern Terminals Limited, and Marco Polo Hotels. Additionally, he owns the high-end luxury retail group LCJG, which encompasses Lane Crawford and Joyce.

Peter Woo: Companies

Woo's business ventures have made him a prominent figure in the corporate world. He serves on the advisory boards of Fortune 500 companies like Chase Manhattan Bank, JPMorgan Chase, and General Electric, contributing his expertise and insights to these influential organizations.

Peter Woo: Major Achievements

Woo's contributions to Hong Kong society extend beyond his business endeavors. He has held prestigious positions, including Chairman of the Council of the Hong Kong Polytechnic University, Founding Chairman of the Hong Kong Environment and Conservation Fund Committee, Chairman of the Hong Kong Hospital Authority, and Chairman of the Hong Kong Trade Development Council.

In 1996, Woo participated in the First Hong Kong Chief Executive Election, although he ultimately lost to Tung Chee-hwa.

Peter Woo: Awards & Achievements

Woo's remarkable achievements have been recognized with numerous awards and honors.

In 1993, he was appointed Justice of the Peace by the Hong Kong Government. He received the Gold Bauhinia Star in 1998 and the Grand Bauhinia Medal in 2012, further solidifying his status as a respected and influential figure in Hong Kong.

Peter Woo: Personal Life & Legacy

Despite his professional success, Woo maintains a low-key personal life. He is known for his philanthropic efforts and contributions to various charitable organizations. Woo's legacy lies in his dedication to business excellence, community service, and the betterment of Hong Kong society.

Peter Woo: Trivia

Woo is an avid art collector and has a keen interest in Chinese antiques. He is also a sports enthusiast and enjoys playing tennis and golf.

Wealth History

Timeline

1946

Peter Woo Kwong-ching is born in Shanghai, China.

1949

Peter Woo moves to Hong Kong.

1993

Peter Woo is appointed Justice of the Peace by the Hong Kong Government.

1993-1997

Peter Woo serves as Chairman of the Council of the Hong Kong Polytechnic University.

1994-2004

Peter Woo serves as Founding Chairman of the Hong Kong Environment and Conservation Fund Committee.

1995-2000

Peter Woo serves as Chairman of the Hong Kong Hospital Authority.

1996

Peter Woo runs in the First Hong Kong Chief Executive Election (lost to Tung Chee-hwa).

1998

Peter Woo is awarded the Gold Bauhinia Star.

2000-2007

Peter Woo serves as Chairman of the Hong Kong Trade Development Council.

2012

Peter Woo is awarded the Grand Bauhinia Medal.

Peter Woo : FAQs

What is Peter Woo's current net worth?

Peter Woo's current net worth is $13.46 billion.

What is Peter Woo's current global rank among billionaires?

Peter Woo holds the 213th position globally among billionaires.

What is Peter Woo's current ranking within the Hong Kong?

Peter Woo holds the 6th position in Hong Kong.

What was the change in Peter Woo's net worth compared to the previous year?

Peter Woo's net worth decreased by 176.09 million dollars compared to the previous year 2025, when his net worth was 13.63 billion dollars.

What is the recent change in Peter Woo's net worth?

Peter Woo's net worth increased by 169.99 million dollars recently, a 1.26% increase, with his net worth standing at 13.46 billion dollars.

What are Peter Woo's main sources of wealth?

Peter Woo's main source of income comes from Real Estate.

In which industry does Peter Woo primarily operate?

Peter Woo is primarily involved in the Real Estate industry.

What is Peter Woo educational background?

Peter Woo holds a Master of Business Administration from Columbia Business School.

How old is Peter Woo?

Peter Woo is 79 years old.

How many children does Peter Woo have?

Peter Woo has 3 children.

Can you detail Peter Woo's career and business interests?

Peter Woo's career spans finance and real estate, having worked at Chase Manhattan Bank in both New York and Hong Kong. He has diversified interests in real estate development across Hong Kong, China, and Singapore. His portfolio includes Harbour City and Times Square in Hong Kong, as well as businesses such as i-Cable Communications, Wharf New T&T, Modern Terminals Limited, Marco Polo Hotels, and the luxury retail group LCJG, which includes Lane Crawford and Joyce.

How has Peter Woo contributed to politics and non-profits?

Peter Woo has been actively involved in politics and non-profits, serving as a member of the Standing Committee of the Chinese People's Political Consultative Conference. He has held prominent roles, including being the Chairman of multiple Hong Kong institutions and committees. He also ran in the First Hong Kong Chief Executive Election in 1996.

What are some key achievements and honors received by Peter Woo?

Among numerous accolades, Peter Woo has been appointed Justice of the Peace by the Hong Kong Government in 1993, awarded the Gold Bauhinia Star in 1998, and the Grand Bauhinia Medal in 2012 in recognition of his significant contributions to Hong Kong.
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