Cecil Chao Net Worth: The Life and Times of the Hong Kong Tycoon

Cecil Chao, also known as Chao Sze-tsung, is a Hong Kong-based billionaire tycoon with a net worth of $2.9 billion. He is the founder and chairman of Cheuk Nang, a successful property development company that has been operating for over four decades.

Early Life and Education

Born in Hong Kong in 1936, Cecil Chao is the son of a wealthy businessman and a socialite. He received his early education at Diocesan Boys’ School in Hong Kong before moving to the United Kingdom to attend the University of Bristol. After completing his degree in civil engineering, he returned to Hong Kong to work in his father’s company.