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Lui Che Woo Net Worth

Lui Che Woo Net Worth

Net Worth: $12.9 Billion

Statistics
  • Source of Wealth Casinos
  • Birth Place Jiangmen, China
  • Marital Status Married
  • Nationality Chinese
  • Date of Birth August 9, 1929
  • Occupation Businessman
  • Children 5

About Lui Che Woo

Chinese businessman Lui Che Woo has an estimated net worth of $12.9 billion in July 2017, according to Bloomberg. In the past year, Lui Che Woo’s fortune increased by $5 billion due to the growing gambling revenue in Macau which is considered as the largest casino market in the world. This led to a significant increase in his shares in Galaxy Entertainment.

Lui Che Woo was born on August 9, 1929 in Jiangmen, China. Currently based in Hong Kong, Lui Che Woo is married with five children.

Lui Che Woo started making his fortune in the 1950’s by launching his own company. He started with purchasing construction equipment from Japan then reselling it to other parts of Southeast Asia. He initially made his fortune from San Francisco’s Stanford Hotels and K. Wah International, property developer.

Currently, Lui Che Woo is the Chairman of  K. Wah Group which is comprised of companies like Stanford Hotels International Limited, K. Wah Construction Materials Limited, Galaxy Entertainment Group Limited and K. Wah International Holdings Ltd. Today, K. Wah is a multi-national conglomerate that holds interests in entertainment and leisure, properties, hotels, and construction materials. With more than 200 subsidiaries, K. Wah Group operates in North America, Southeast Asia, Mainland China, Hong Kong and Macau.