Billionaire Profile
Hui Wing Mau
Global Rank
#1626

Image: Public domain | via Wikimedia Commons

Hui Wing Mau

CEO, Shimao Group Holdings
HK
Real-Time Net Worth
$1.9B
As of December 2025
Age
75
Source
Real estate
Industry
real-estate
Citizenship
HK

Biography

Hui Wing Mau, born in China, is a prominent Hong Kong billionaire and the founder and chairman of Shimao Group. He is a major figure in China's real estate industry and has built a large-scale international comprehensive investment group. As of December 2025, his estimated net worth is $1.9 billion. Hui's career began after graduating from Wuhan University of Science and Technology in 1982. He is known for his strategic vision, innovative architectural designs, and commitment to quality construction within the real estate sector. He has also moved into commercial property and hotel operations. His philanthropy includes donating to education, healthcare, and cultural preservation.

Wealth Over Time

In-Depth Profile

Early Life

Hui Wing Mau, also known as Xu Rongmao, was born in the Fujian Province of China. He grew up in modest means and graduated high school during the Cultural Revolution. After graduation, he worked in the countryside as a 'barefoot doctor'.

Rise to Success

Hui Wing Mau moved to Hong Kong in the late 1970s and worked in a textile factory. In 1988, he invested in a knitting factory which led him to real estate. Hui started investing in the development of residential complexes and resorts in Fujian. During the 1990s, he expanded his real estate business into Beijing and Shanghai. In 2001, he founded Shimao Group and, under his leadership, the company grew to be a powerhouse in the real estate industry. In 2003, Hui obtained a Master of Business Administration from the University of South Australia. He undertook several property ventures in Australia in the 1990s.

Key Business Strategies

Hui's key business strategies involved identifying opportunities before others, which secured his spot at the top of the property industry. He focused on developing large-scale residential projects, hotels, and other commercial buildings in prime locations. He expanded into commercial property and hotel operations. His strategic vision and commitment to quality construction propelled Shimao Group to prominence.

Philanthropy

Hui Wing Mau is actively involved in philanthropy and community initiatives. He founded the Hong Kong New Home Association in May 2010. He supports charitable causes aimed at promoting education, healthcare, and cultural preservation in Hong Kong and mainland China. Hui led Shimao Group to donate an accumulative amount of over 1.6 billion yuan. He donated the “Silk Road Landscape Map” to Beijing's Palace Museum.

Career Milestones

1982

Graduated

Graduated from Wuhan University of Science and Technology.

1988

Invested in Knitting Factory

Made US$12 million investment in a knitting factory.

2001

Founded Shimao Group

Founded Shimao Group.

2003

MBA

Obtained a Master of Business Administration from the University of South Australia.

Philanthropy & Social Impact

Community Development

Hong Kong New Home Association

N/A

Founded the Hong Kong New Home Association to provide services for new immigrants.

Cultural Preservation

Silk Road Landscape Map

$19M

Donated the “Silk Road Landscape Map” to Beijing's Palace Museum.

Healthcare

China Red Ribbon Foundation

N/A

Cofounded the China Red Ribbon Foundation for AIDS control and prevention.

Healthcare

Shimao Charity Hospital

$14M

Built and donated hospitals throughout 9 provinces.

Business Philosophy & Leadership

Leadership Principles

Visionary

Ability to see opportunities before others.

Commitment

Dedication to corporate citizenship.