Billionaire Profile
Chu Mang Yee & family
Global Rank
#1985

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Chu Mang Yee & family

CEO, Real estate
CHINA
Real-Time Net Worth
$2.126B
Estimated based on Real estate stock value as of April 20, 2026
+46% (24h)
Age
66
Source
Real estate
Industry
Diversified
Citizenship
CHINA

Biography

Chu Mang Yee, a prominent figure in the real estate sector, built his fortune through Hopson Development Holdings Ltd., a major property developer specializing in high-end residential and commercial properties in mainland China. With a current estimated net worth of $2.3 billion, Chu's career spans over 15 years in trading, construction, and property investment. His contributions extend beyond business; he's recognized for his philanthropy, donating $48 million in a year, including a significant stock donation to an education and development fund. Chu's career has been marked by strategic vision, focusing on capitalizing on government reforms and the rapid growth of urban real estate.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Information about Chu Mang Yee's early life is limited in the search results. He co-founded Hopson Development Holdings Ltd. in 1992 in Guangzhou, China.

Rise to Success

Chu Mang Yee's rise to success is closely tied to the growth of Hopson Development Holdings Ltd. The company's strategic focus on high-end residential properties and large-scale commercial centers, coupled with capitalizing on government reforms, fueled its growth. The company's IPO on the Hong Kong Stock Exchange secured the family's multi-billion dollar fortune.

Key Business Strategies

Hopson Development's key strategies include a focus on high-end residential and commercial properties, strategic urban renewal projects, and expansion within major Chinese cities. Chu's leadership has been marked by a focus on complex, multi-functional properties.

Philanthropy

Chu Mang Yee is known for his philanthropic efforts, including donating 1.1 billion yuan worth of stock to an education and development fund. He has also supported charitable causes in his hometown and is recognized for his contributions to education and development.

Career Milestones

1992

Co-founded Hopson Development Holdings Ltd.

Established Hopson Development in Guangzhou, China, marking the beginning of his real estate ventures.

2009

Hopson Development IPO

Successful IPO on the Hong Kong Stock Exchange, solidifying the family's wealth.

Ongoing

Executive Chairman

Serves as Executive Chairman of Hopson Development Holdings Ltd..

Ongoing

Philanthropic Activities

Donates to education and development funds.

Philanthropy & Social Impact

Education

Education and Development Fund

$0.15B

Donated 1.1 billion yuan worth of stock to an education and development fund.

Controversies & Challenges

2024

Daughter's Appointment

Controversy over appointing his 27-year-old daughter as Vice-Chairman with a $320,000 salary.