Source of Wealth:Financial Services
Full Name:Pollyanna Yuet Wah Chu
Occupation:CEO of Kingston Financial
Education:Golden Gate University
About Pollyanna Yuet Wah Chu
Hong Kong businesswoman Pollyanna Chu is the Managing Director of Kingston Financial with an estimated net worth of $11 billion as of January 2018. Being new on the Forbes Billionaires list, she is the 1342nd billionaire in the world. She is also the 35th richest person in the Hong Kong’s 50 Richest list.
Chu moved to the United States at the age of 18. She received her bachelor’s degree from Golden Gate University. She married her husband, Nicholas, whom she met while in San Francisco. The couple became real estate investors who later moved to Hong Kong in 1992.
She may not have much knowledge about stocks and foreign exchange when she returned to Hong Kong but everything worked out well. She and her husband founded Kingston Financial which they ran together. Pollyanna served as the Managing Director of the firm.
This year, Pollyanna Chu debuted in the Forbes Billionaires List through the part of the values of her shares in Kingston Financial, one of the largest home-grown brokerages in Hong Kong. She now serves as its CEO while her husband is the chairman of the company.
Chu bought last year a Hong Kong-listed luxury watch distributor, Sincere Watch. Her son, Kingston, runs the business. She is the general manager of the Gold Group since 2005. She used to be the CEO of the Golden Resorts Group, Inc. As of July 2011, she owned a 70% stake in Birmingham International Holdings. She was named Chairwoman of Franck Muller’s Asia-Pacific operations in July 2012. She was the recipient of the Outstanding Chinese Price in 2008. She was listed as one of the Women In The Mix by Forbes Asia in 2012.