
How Hong Kong tycoon Lee Shau Kee's ‘hundred-billion daughter-in-law,' Cathy Chui, is solidifying her position of power within the billionaire family
She was with her husband at the funeral for his father, the 97-year-old Mr. Lee, on Apr 28. Most people think her husband is going to take over the family business. Chui is the only daughter-in-law in the Lee family.
Their 2006 wedding was a massive event—the media even called it 'the wedding of the century,' because of its size.
Tabloids called Chui a 'baby machine' because she had four kids close together.
Dimsum Daily said that when women marry into super-rich families in Hong Kong, there's this unspoken understanding that having children is seen as a way to potentially secure billions of dollars in the future.
According to the South China Morning Post, Chui secured her spot in the family by accepting some over-the-top presents. We're talking about a HK$50 million (S$8.65 million) education fund, land valued at a crazy HK$1.82 billion, a super fancy yacht costing HK$110 million, and a whole mansion to top it all off. With all those incredible presents, it's no surprise that the media began referring to her as the 'hundred-billion daughter-in-law'!
When Lee passed away, his massive 72.5% ownership in Henderson Land Development, a property company worth a staggering HK$78.2 billion, was split between his two sons, Peter and Martin.
In addition, he had a bunch of other valuable stuff, like big chunks of shares in this energy company, Towngas, and some related businesses. A Chinese news site, QQ, figured all that extra stuff was worth around HK$66 billion.
- Advertisement -
Bigger roles
Chui is now 43 years old, and it sounds like she's taking on even bigger roles in investments and the family business, according to the Malaysia newspaper Sin Chew Daily.
Insiders say Chui used some of those super fancy properties her late father-in-law gifted her to get a loan. And not just any loan—we're talking about a massive HK$5 billion! Apparently, she's planning to use all that cash for a real estate development in the UK, specifically for retired people.
So, in addition to managing the family's money, Chui is also thinking ahead about her kids' futures in the business. Chui's eldest daughter is doing an internship at Henderson Land, the family's main company, while her 15-year-old daughter is studying at the University of Cambridge.
Involving family
It also sounds like Chui is making sure her family is involved, as she's arranged for her father to join the board of directors at Henderson Land.
- Advertisement -
Chui's not just concerned with the business side of things; she's also working hard to maintain her place among the elite in other ways.
Jayne Stars reported that Chui may not post much on social media, but she helps out the family's businesses and charity events.
She's also got these fancy titles like chairperson and event ambassador, which basically means she's a respected figurehead at important events, and she's definitely rubbing shoulders with the who's who of Hong Kong society—she's considered a key player in the elite circles, alongside other prominent women like Guo Jingjing (the amazing Olympic diver who married a businessman) and Kimbee Chan (the wife of Joseph Lau, who's like one of the five richest people in Hong Kong!).
163 says that Chui getting out there and doing her thing hasn't just made her more well-known. What's even more significant is that it's helped people link the 'Lee family' name directly with her own identity.
It's like she's become a representative of the family in many ways. When people see her in these public roles, they also think of the Lee family as responsible and having strong leadership. It's like she's become a symbol for the whole family in many ways.
Before marriage
Apparently, before Martin married Chui, he was said to have been involved with a flight attendant, and they even had a child together. The story shows how his father stepped in to end that relationship. For almost 30 years, this flight attendant has been talked about as Martin's secret mistress.
Some people even say Chui knows about this whole situation but has chosen not to speak publicly.
Just last year, Chui was spotted with her 20-year-old daughter carrying this high-end designer purse.
It was rumored to be even pricier than any of Chui's handbags! You'd think the matriarch would have the most extravagant accessories, but maybe the younger generation has even more expensive taste.
There were reports that Martin and the former flight attendant had actually moved into a place near the Lee family's main property, but now, it seems the focus has shifted to someone else—a lingerie model named Chrissie Chau, who's being seen as a bigger 'threat' to Chui.
163 reported that Chrissie Chau was photographed going into a suite on the penthouse level of the Mandarin Oriental Hotel in Hong Kong for three nights straight, and get this— the Lee family, you know, Chui's in-laws, actually own that hotel!
Sources on Weibo say that ever since Chrissie Chau got involved with Martin, she's made a big career switch from modeling to the business world. Apparently, she now holds shares in several companies overseas and has also been investing in real estate.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CNA
12 hours ago
- CNA
China's Pop Mart, maker of the Labubu doll, says profit soars nearly 400% in first half
SHANGHAI: China's Pop Mart, which has taken the world by storm with its ugly-cute Labubu doll, reported a nearly 400 per cent first-half net profit on Tuesday (Aug 19) on high demand for the toys and a shift towards higher-margin overseas markets. Net profit of 396.5 per cent and a 204.4 per cent jump in revenues exceeded numbers flagged in an earnings preview last month, forecasting revenue growth of 200 per cent in the first half of 2025 and a recurring net profit increase of at least 350 per cent on the year. Shares in Pop Mart have risen more than 200 per cent year-to-date, making the Chinese toy company more valuable than traditional industry giants like Barbie-maker Mattel and Hello Kitty parent company Sanrio. Pop Mart often sells its collectable figurines in so-called "blind boxes" with buyers not knowing the exact design they will receive until they open the packaging. One of the major drivers of the toothy-grinned Labubu's success has been its popularity with celebrity fans, who include Lisa of K-pop group Blackpink, singer Rihanna and ex-football star David Beckham. Pop Mart is pledging to increase the supply of the dolls, which have sold out in stores around the world. Its CEO, Wang Ning, in an interview with Chinese state media last month, said sales of Labubu will surpass 10 million units per day from September this year. Pop Mart classifies Labubu under its The Monsters intellectual property (IP) characters. It said on Tuesday that The Monsters raked in 4.81 billion yuan (US$669.88 million) in the first half, accounting for 34.7 per cent of total revenue. Four other IPs earned over 1 billion yuan during the period, including Molly and Crybaby, it added. The company now has 571 stores - 40 of which it opened in the first half of this year - as well as 2,597 automated robot shops across 18 countries and regions, it added.


AsiaOne
13 hours ago
- AsiaOne
Daily roundup: Premium mid-sized SUVs for the young executive — and other top stories today, World News
Stay in the know with a recap of our top stories today. 1. Premium mid-sized SUVs for the young executive Once upon a time, an executive working his way up the corporate ladder would aspire to own something like a BMW 3 Series or a Mercedes-Benz C-Class as his first car. Indeed, the executive sedan has long been seen as a status symbol, and viewed as a first step on what is hopefully an upward trajectory on the path of success... » READ MORE 2. Indie darling The Projector announces immediate closure Singaporeans will have one less cinema brand to patronise now as The Projector has brought down its curtain after a decade. The independent cinema and arts venue announced the sudden news in an Instagram post on Aug 19 and shared that it will enter voluntary liquidation... » READ MORE 3. Man finds missing bike after 3-hour search in Jurong, warns thief: 'I'll find you next time' While many would have simply reported their missing bike to the police, this man found success after taking matters into his own hands. A man spent three hours scouring housing estates to find his missing bicycle, which he claimed was stolen, according to a video posted to TikTok by user Jarrenfilms on July 30... » READ MORE 4. Health alert: Jet Li undergoes surgery, Jackson Wang cancels fan-sign after getting food poisoning Jet Li revealed he underwent surgery recently. In a Douyin post yesterday (Aug 17) morning, the 62-year-old China-born action star, who has been Singaporean since 2009, posted two photos with one of him lying on a hospital bed and another taken from outside the operating theatre... » READ MORE editor@


CNA
14 hours ago
- CNA
CNA938 Rewind - Celebrating Singapore's Retro Dance Party Culture with DJ Aldrin and the Mambo Prince
CNA938 Rewind - Celebrating Singapore's Retro Dance Party Culture with DJ Aldrin and the Mambo Prince In 'Culture Club', Melanie Oliveiro examines deejay and retro dance party culture with DJ Aldrin, a pioneer of Singapore's electronic music scene and dancer, Claudio Chock, fondly known as the Mambo Prince. The multiple award-winning DJ Aldrin, will talk about his career so far and clubbing trends he's noticed through the decades. Chock will talk about how he lit up the dance floor at Zouk's popular Mambo Nights for the past two decades. Vinnie Quek - co-founder of content cooperative, Bassis Asia, will talk about how both creatives will be performing at SquareRoom - a one-night-only retro dance party at the newly revamped D'Marquee @ Downtown East.