Billionaire Profile
Daniel Chiu
Global Rank
#2077

Image: Donatas Dabravolskas | CC BY-SA 4.0 | via Wikimedia Commons

Daniel Chiu

CEO, Oil & gas
HONG KONG
Real-Time Net Worth
$1.963B
Estimated based on Oil & gas stock value as of March 6, 2026
+0.42% (24h)
Age
65
Source
Oil & gas, education
Industry
Energy
Citizenship
HONG KONG

Biography

Daniel Chiu, a prominent Hong Kong billionaire, is celebrated for his achievements in real estate and investment. As the chairman of Fortune Oil and the founder and chairman of Far East Consortium International Limited (FEC), he has established a distinguished career. His estimated net worth is $1.6 billion as of February 2026. Chiu's wealth sources primarily from the energy sector, including Fortune Oil, which operates major infrastructure projects in Mainland China and has a significant stake in China Gas Holdings. He is also known for bringing Harrow International Schools to Asia, reflecting his commitment to education.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Information regarding Daniel Chiu's early life is limited in the search results. However, it is known that he was born on November 30, 1960, making him 65 years old as of February 3, 2026.

Rise to Success

Daniel Chiu's entrepreneurial journey is marked by his founding and chairmanship of Far East Consortium International Limited (FEC) in 1972. FEC has grown into a diversified conglomerate with operations in property development, hospitality, car parks, and facilities management. His visionary approach to property development has led FEC to undertake iconic projects, including residential, commercial, and mixed-use developments, as well as luxury hotels and integrated resorts.

Chiu also chairs Fortune Oil, a Hong Kong-based oil and gas supplier that operates infrastructure projects in mainland China. Through Fortune Oil, he holds a large stake in China Gas Holdings, a distributor of natural gas and operator of gas pipelines. Chiu's ventures extend to the education sector, having brought Harrow International Schools to Asia.

Key Business Strategies

Key strategies include a focus on property development, strategic partnerships and acquisitions in hospitality and gaming, and investment in education.

Philanthropy

The search results do not specify any exact amounts for his philanthropic endeavors. FEC engages in community initiatives focused on education, healthcare, and environmental sustainability, contributing to societal well-being and community development.

Career Milestones

1972

Founded Far East Consortium International Limited

Established a diversified conglomerate with operations in property development, hospitality, car parks, and facilities management.

1990s

Invested in China's Energy Sector

Became one of the first companies from outside the PRC to invest in China's energy sector through Fortune Oil.

2012

Brought Harrow International Schools to Asia

Opened the first branch of a top-tier British educational establishment in Hong Kong.

Philanthropy & Social Impact

Community Development

Community Initiatives

Unknown

FEC actively engages in community initiatives focused on education, healthcare, and environmental sustainability.