Billionaire Profile
Peter Woo
Global Rank
#214

Image: USAG- Humphreys | CC BY 2.0 | via Wikimedia Commons

Peter Woo

CEO, Real estate
HONG KONG
Real-Time Net Worth
$13.736B
Estimated based on Real estate stock value as of April 20, 2026
+1.16% (24h)
Age
79
Source
Real estate
Industry
Diversified
Citizenship
HONG KONG

Biography

Peter Woo Kwong-ching (born 1946) is a Hong Kong billionaire businessman known for his expertise in real estate development. His career began at Chase Manhattan Bank in New York before he joined his wife's family business in Hong Kong, rising to become chairman of Wheelock and Company Limited and The Wharf (Holdings) Limited. Under his leadership, the company developed key assets in Hong Kong. As of March 2026, his estimated net worth is $15.3 billion, derived primarily from his real estate ventures. Woo has also been involved in several public roles and is recognized for his contributions to philanthropy.

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

Wealth Over Time

In-Depth Profile

Early Life

Peter Woo Kwong-ching was born in Shanghai in 1946 and raised in Hong Kong. He attended St. Stephen's College. He graduated from the University of Cincinnati with a B.S. in physics and mathematics, where he was senior class president and valedictorian. He then obtained an MBA from Columbia Business School.

Rise to Success

Woo began his career at Chase Manhattan Bank in New York in 1972. In 1975, he joined his wife's family business, becoming chairman of Wheelock and Company Limited and The Wharf (Holdings) Limited. Under his leadership, the companies developed key assets, including the Hong Kong's Cross-Harbour Tunnel and the Star Ferry, while achieving the territory's first A-rated credit from Standard & Poor's. He stepped down from his role in 2015.

Key Business Strategies

Woo's business strategies focused on real estate development, infrastructure, and retail. He oversaw significant holdings in property, telecom, ports, and luxury retail. He also made strategic investments in telecommunications, ports, and retail.

Philanthropy

Woo is dedicated to philanthropy. He founded Project WeCan in 2011 and, with his wife, donated HK$120 million in 1992 to establish a cancer center at Prince of Wales Hospital.

Career Milestones

1972

Career start

Began his career at Chase Manhattan Bank in New York.

1975

Joined Family Business

Joined his wife's family business in Hong Kong, rising to become chairman of Wheelock and Company Limited.

1986

Chairman of Wheelock

Appointed Chairman of Wheelock and Company Limited.

1995

Hong Kong Hospital Authority

Served as the Chairman of the Hong Kong Hospital Authority.

2015

Stepped Down

Stepped down as chairman of Wheelock and Company and The Wharf (Holdings) Limited.

Philanthropy & Social Impact

Healthcare

Cancer Center Donation

$15.4M

Donated with his wife to establish a cancer center at Prince of Wales Hospital.

Education

Project WeCan

N/A

Founded Project WeCan to support underprivileged students.

Business Philosophy & Leadership

Notable Quotes

"You see people complain, 'Now we don't want people from the mainland to come here to use our facilities.' To me that's music to my ears when there is demand for your services."

Leadership Principles

Long-term investment

Committed to investing for the long term.

Strategic expansion

Focusing on real estate development and related sectors.