Henry Cheng

$964.09M
as of 09/15/21

About Henry Cheng

Henry Cheng succeeded his late father, Cheng Yu-tung, as chairman of family flagships Chow Tai Fook Jewellery Group and New World Development.

Cheng chairs at least seven companies in the family network and serves as a director of privately held family investment vehicles.

Brother Peter Cheng oversees the family's mainland China property portfolio, which has an estimated value of $16 billion.

At least ten family members work in the family network of enterprises, including Henry Cheng's Harvard-educated children Adrian and Sonia.

Adrian Cheng is an executive director at both flagship companies and Sonia Cheng is CEO of Rosewood Hotel Group, acquired by New World in 2011.

Personal stats

Citizenship

Hong Kong

Source of wealth

diversified

Residence

Hong Kong, Hong Kong

Marital status

Married

Birth date

12/11/46 (age 77)

Number of children

4

Education

Bachelor of Arts/Science, The University of Western Ontario - Richard Ivey School of Business; Master of Business Administration, The University of Western Ontario - Richard Ivey School of Business

Self-made

inherited and growing

Henry Cheng’s fortune is worth

16K

troy ounces of gold

15K

median U.S. household

10K

median U.S. income

0.019%

U.S. credit card volume

0.004%

GDP of the United States

0.003%

United States debt

Net worth history

Annual ranking

Did you know?

Henry Cheng purchased a 59.6-carat pink diamond for $71 million in 2017 and renamed it the CTF Pink Star as a tribute to his late father.

Net worth over time

Real-time ranking

Financial assets

HONG KONG | 331-HK

FSE Engineering Holdings

HONG KONG | 480-HK

HKR International

HONG KONG | 276-HK

Mongolia Energy Corp. Ltd.

HONG KONG | 17-HK

New World Development Co. Ltd.

HONG KONG | 17-HK

New World Development Co. Ltd.

HONG KONG | 17-HK

New World Development Co. Ltd.

HONG KONG | 659-HK

NWS Holdings Ltd.

HONG KONG | 659-HK

NWS Holdings Ltd.

HONG KONG | 880-HK

SJM Holdings Limited

HONG KONG | 880-HK

SJM Holdings Limited

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