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Indian Express
22-05-2025
- Business
- Indian Express
Rs 2,100 crore, a yacht, and a mansion: Hong Kong billionaire's gifts for his daughter-in-law
Hong Kong property magnate Lee Shau Kee, who died in March 2025 at the age of 97, left behind a legacy of generosity, particularly towards his daughter-in-law, Cathy Chui. Married to his younger son, Martin Lee Ka-shing, since 2006, Chui received gifts from Lee valued at over HK$2 billion (approximately ₹2,100 crore or US$257 million) during his lifetime according to reports from Hong Kong news outlet The Standard. These extravagant gifts included a HK$50 million (₹53 crore) education fund for her children, land valued at HK$1.82 billion (₹1,930 crore), a HK$110 million (₹117 crore) luxury yacht, and a mansion . Lee also presented Chui with red packets containing lucky money upon the birth of each of her four children. As per reports by South China Morning Post, in 2015, celebrating the birth of Chui's fourth child, Lee extended his generosity to his employees by distributing HK$10,000 (approximately ₹1.06 lakh) to each of his 1,500 staff members, totaling HK$15 million (₹16 crore) . Chui, a former actress known for her roles in early 2000s Hong Kong cinema, was born in 1982 in Sydney, Australia. She first rose to fame in the early 2000s through her acting career but gained widespread public attention after marrying Martin Lee Ka-shing in 2006. Their extravagant wedding, dubbed the 'wedding of the century' by the media, reportedly cost millions. A post shared by Cathy Chui Lee 徐子淇 (@cathy_chui_official) Chui is the only daughter-in-law in the Lee family, one of Hong Kong's wealthiest dynasties. She has four children with Martin, born between 2007 and 2015. Now 43, Chui is playing an increasingly active role in the family's business empire. According to Sin Chew Daily, she recently leveraged several properties gifted by her late father-in-law to raise HK$5 billion (about ₹54,000 crore/US$640 million) to invest in a UK-based retirement real estate project. Tatler Asia has recognised Chui for her philanthropic efforts, and in 2018, she was awarded the amfAR Award of Courage for her contributions to society. Lee Shau Kee, founder of Henderson Land Development in 1976, was instrumental in shaping Hong Kong's skyline with developments like the International Finance Centre. At the time of his death, his net worth was estimated at $29.2 billion, making him Hong Kong's second-richest individual .
NDTV
22-05-2025
- Entertainment
- NDTV
Luxury Mansion, Yacht And More: Hong Kong Billionaire's Rs 2,134 Crore Gift To Daughter-in-Law
Cathy Chui, a former actress and now a prominent Hong Kong socialite, received gifts worth over HK$2 billion (Rs 2,134 crore rupees) from her billionaire father-in-law, Lee Shau Kee, before his death on March 17. Married to Martin Lee, Chui was gifted a HK$50 million education fund, land valued at HK$1.82 billion, a HK$110 million luxury yacht, and a mansion, among other lavish presents, according to reports from The Standard and VnExpress. She earned the nickname "Hundred-billion daughter-in-law" in the tabloids due to the extravagant gifts she received over the years. In 2006, Chui tied the knot with Martin Lee in a union dubbed the "wedding of the century." Initially, tabloids reduced her role to that of a "baby machine" after she had four children in rapid succession. However, she has since evolved into a pivotal figure in the family, recognised for her discretion, resilience, and calculated presence in both business and high society. View this post on Instagram A post shared by Cathy Chui Lee 徐子淇 (@cathy_chui_official) View this post on Instagram A post shared by Cathy Chui Lee 徐子淇 (@cathy_chui_official) Who is Cathy Chui? Cathy Chui, also known as Cathy Tsui or Cathy Lee, is a former Hong Kong actress turned socialite, born in 1982 in Sydney, Australia. She gained prominence after marrying Martin Lee Ka-shing, son of the late billionaire property tycoon Lee Shau Kee, founder of Henderson Land Development. Their 2006 wedding, dubbed ''the wedding of the century'' by the media, was a lavish event costing millions. Chui is the only daughter-in-law in the Lee family, one of Hong Kong's wealthiest, and has four children with Martin, born between 2007 and 2015. Now 43, Chui is taking on more prominent roles in investments and family business, according to Malaysia's Sin Chew Daily. Recently, she leveraged several properties gifted by her late father-in-law to secure HK$5 billion for a UK retirement real estate project. Chui is focused on securing her children's futures within the family business, with her 15-year-old daughter studying at the University of Cambridge and her eldest daughter interning at Henderson Land, the family's flagship company. She has also appointed her father to the company's board of directors. Beyond business, Chui maintains her elite status through charity events and family business promotions. Despite a low-key social media presence, she holds honorary roles as chairperson and event ambassador, solidifying her position among the elite alongside prominent women like Olympic champion Guo Jingjing and Kimbee Chan. Tatler Asia has highlighted her as a prominent figure in philanthropy, and in 2018, she was honoured with the amfAR Award of Courage for her contributions to society.
Time of India
22-05-2025
- Entertainment
- Time of India
Hong Kong billionaire gifts mansion, yacht & land worth $250 million to daughter-in-law before death
In a stunning gesture of wealth and affection, Hong Kong billionaire Lee Shau Kee gave his daughter-in-law, Cathy Chui, expensive gifts worth almost $250 million before he died in March 2025. This generous billionaire gift included a beautiful mansion, a luxury yacht, valuable land, and a large education fund for her children. The news caught the attention all over Asia. Who is Cathy Chui – The Hundred-Billion Daughter-in-Law? Cathy Chui is a former actress turned socialite and philanthropist in Hong Kong. She is married to Martin Lee, the younger son of the late tycoon Lee Shau Kee, who was famously known as Hong Kong's second richest man and nicknamed 'Asia's Warren Buffett'. Cathy and Martin tied the knot in a grand wedding ceremony in 2006 that was widely reported as the "wedding of the century." Since then, Cathy has earned a name for herself not only for her high-profile lifestyle but also for her charitable contributions. Due to the lavish presents she received over the years, she became known in the media as the 'Hundred-billion daughter-in-law.' What Did the Billionaire Gift Include? During her 19-year marriage, Cathy Chui was given many expensive gifts by her billionaire father-in-law, Lee Shau Kee. These were not just luxury items, but valuable assets that together were worth over $250 million. Here's a look at some of the gifts Cathy received: A luxurious HK$110 million yacht A high-end mansion located in a prestigious Hong Kong neighbourhood Land worth HK$1.82 billion An education fund worth HK$50 million set aside for Cathy's children These lavish presents symbolised Lee Shau Kee's affection for Cathy, who also happens to be the only daughter-in-law in the Lee family. The gifts were often presented on special occasions, especially after the birth of each of her four children. Why Cathy Chui Is So Well-Known in Hong Kong Before her marriage, Cathy Chui was a popular actress, but after marrying into one of Hong Kong's wealthiest families, she stepped away from the entertainment industry. She later focused on philanthropy and social causes. Tatler Asia described her as a leading figure in charitable work, and she received the amfAR Award of Courage in 2018 for her contributions to society. Cathy Chui's transformation from an actress to a celebrated philanthropist and Hong Kong socialite has inspired many. Her status as the Hundred-billion daughter-in-law is not just because of the wealth she married into, but also due to the deep respect she has earned for her charitable work and dedication to family. Lee Shau Kee's Generosity Extended Beyond His Family Lee Shau Kee didn't just show kindness to his family. As reported by the South China Morning Post, in 2015, after his grandson was born, he gave HK$10,000 in cash to each of his 1,500 employees. This generous act showed the loyalty and care he believed in throughout his life. At the time of his passing on March 17, 2025, Lee Shau Kee was 97 years old and had an estimated net worth of $23.2 billion, according to Bloomberg. His real estate empire, Henderson Land Development, played a major role in shaping Hong Kong's skyline. After his death, his fortune was split between his two sons, Peter Lee and Martin Lee. A Billionaire Gift That Shocked Hong Kong The incredible billionaire gift received by Cathy Chui before the death of her father-in-law is a reminder of the wealth and legacy of the Lee family in Hong Kong. From a mansion, land, and yacht to a sizable education fund, these gifts showcase the extraordinary lifestyle of the Hundred-billion daughter-in-law and underline the lavish standards set by the late Lee Shau Kee. This story continues to capture public attention, as people remain fascinated by the wealth, legacy, and grand gestures of one of Hong Kong's most powerful families. For the latest and more interesting financial news, keep reading Indiatimes Worth. Click here.
Hindustan Times
22-05-2025
- Business
- Hindustan Times
Hong Kong billionaire gave gifts worth over $250 million to daughter-in-law before his death: report
Hong Kong socialite Cathy Chui received gifts worth over $257 million from her billionaire father-in-law before his death in March this year. According to a report in The Standard, property tycoon Lee Shau Kee gifted Cathy a yacht, a mansion, an education fund for her children and land worth millions of dollars. Cathy Chui is the wife of Martin Lee, the younger son of Hong Kong's second richest man, Lee Shau Kee. Cathay and Martin tied the knot in 2006 in what the media dubbed "the wedding of the century," as per a report in VnExpress. Cathy used to be an actress before her marriage to Martin. She is today a well-known socialite and philanthropist in Hong Kong. Tatler Asia describes her as 'a lodestar in the realm of philanthropy.' She has been conferred with several awards recognising her contributions, including the amfAR Award of Courage in 2018. A post shared by Henderson Land (@hendersonlandhk) Cathy Chui is the only daughter-in-law of the billionaire Lee family. Over her 19 years of marriage, Cathy gave birth to four children. Each birth was celebrated lavishly, and her father-in-law sent her extravagant gifts for each child. The gifts included a mansion, a HK$50 million education fund, land worth HK$1.82 billion and a HK$110 million yacht. It was these gifts that earned her the nickname of 'Hundred-billion daughter-in-law' in tabloids. Lee Shau Kee did not just lavish gifts on his daughter-in-law. According to a report in SCMP, he also handed out HK$10,000 in cash to each of his 1,500 staff members after the birth of his grandson in 2015. Lee Shau Kee was Hong Kong's second-richest man, often called 'Asia's Warren Buffett'. He was a real estate tycoon and majority owner of Henderson Land Development. He died on March 17, 2025 at the age of 97. At the time of his death, his fortune was estimated to be $23.2 billion, according to Bloomberg. After his death, his fortune was divided between his two sons - Peter and Martin.
