Last Updated: 28 Apr, 2023 | Views: 402
Age: 78
Profession: Business Men
Other Profession(s): Businessperson
Famous For: Executive Director Of Chow Tai Fook Enterprises
Higher Education: Ivey Business School (HBA, MBA)
About (Profile/Biography):
Henry Cheng is honoring his father's legacy by leading the New World business empire. His company, New World, operates in the property, retail, and hospitality sectors. Cheng Yu-tung is the son of legendary business leader Cheng Yu-tung. He is the chairman and executive director of New World Development, NWS Holdings, and Chow Tai Fook Jewellery Group; he became chairman in 2012 after first becoming a director in 1972. He also served as a non-executive director on the board of HKR International and Hang Seng Bank. In addition, his participation on the standing committee of the Chinese People's Political Consultative Conference earned him the Grand Bauhinia Medal in 2017.
Henry Cheng Career:
Cheng Yu-tung succeeded Henry Cheng as chairman of the family flagship company, Chow Tai Fook Jewellery.
Henry Henry Cheng's Harvard-educated children, Adrian and Sonia, work in the group's network of enterprises.
Currently, Adrian Cheng is vice chairman of New World Development, and Sonia Cheng is executive director of Rosewood Hotel Group, which New World acquired in 2011.
Henry Cheng and his father were among the few parents to share Hong Kong's Gold Bauhinia Medal for services to the city.
Cheng supported Henry Tang initially but switched to Leung Chun-ying in the 2012 Hong Kong Chief Executive election.
Henry Cheng donated RMB300 million to China Internet Development Foundation in 2016.
Henry Cheng Awards:
2017: Grand Bauhinia Medal
Henry Cheng Unknown Facts:
Henry Cheng has amassed an impressive collection of art over the years. He has a large collection of works by some of China's most celebrated artists.
Henry Cheng is also known for his passion for horse racing. His experience in the sport dates back many years, and he owns many racehorses. Hong Kong's Jockey Club elected him as a member in 2017.
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