Peter Woo


Peter Woo Kwong-ching, GBM, GBS, JP is a Hong Kong billionaire businessman. He was the chairman of Wheelock and Company Limited and The Wharf Holdings Limited until 19 May 2015. As of May 2017, his net worth is estimated to be $10.3 billion.

Education

Woo was born in Shanghai and moved to Hong Kong in 1949. He was educated at St Stephen's College, a Direct Subsidy Scheme privately owned but government-funded boarding school, in the town of Stanley, and went on to attain his bachelor's degree from the University of Cincinnati, US, majoring in physics and mathematics. While a student, Woo became a member of Delta Tau Delta fraternity, an endeavour he is still involved in today. He later obtained an MBA from Columbia Business School in New York, US.

Life and career

After graduating, Woo worked at Chase Manhattan Bank in New York and Hong Kong.
Woo's diversified interests are reflected in his businesses, focusing in real estate development in Hong Kong, China and Singapore. The group owns several investment properties such as Harbour City and Times Square in Hong Kong, as well as operating other businesses such as i-Cable Communications, Wharf New T&T, Modern Terminals Limited and Marco Polo Hotels. Woo also owns the privately held, high-end luxury retail group LCJG, which includes Lane Crawford and the premier fashion house, Joyce. Woo also serves on the advisory board for various Fortune 500 companies.

Political and non-profit

Woo is a member of the Standing Committee of the Chinese People’s Political Consultative Conference.
His past appointments include:
In 1996, Woo ran in the First Hong Kong Chief Executive Election just before the British colony was handed over back to Chinese rule, alongside Yang Ti-liang and Tung Chee-hwa. Tung won.

Achievements and honours

The Hong Kong SAR Government appointed Woo Justice of the Peace in 1993, awarded the Gold Bauhinia Star in 1998 and the Grand Bauhinia Medal in 2012.