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Chu Mang Yee & family

Chu Mang Yee & family

C. family
-0.01% | - $-0.31M
$2.65 B ₹ 24,144 Cr
Real Time Net Worth #1559 Ranking as of 21 Feb 2026 By Forbes

More on Chu Mang Yee & family

Gender

Male

Age

66Y

Country

China

Born On

January, 1960

Deceased

No

Relationship Status

Married

Children

1

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Real Estate)

Primary Organization

Hopson Development Holdings

Titles

Chairman

Sources of Wealth

Hopson Development

Industry

Real Estate, Construction

About Chu Mang Yee & family


C hu Mang Yee is a Chinese real estate billionaire and a co-founder of Hopson Development Holdings, one of the country's pioneering private property developers. He founded the company in 1992 in Guangdong province with his family, positioning them perfectly to capitalize on China's historic wave of urbanization and economic reform. He serves as the chairman of the publicly traded company.

Hopson Development was one of the first and largest private developers in southern China, earning a place among the 'Five South China Tigers' of the real estate industry. The company has built a vast portfolio of large-scale residential communities and commercial properties in major Chinese cities. While the Chinese property market has faced significant headwinds in recent years, the immense wealth Chu and his family built during the boom years remains substantial. His daughter, Chu Kut Yung, now holds a senior role as co-president of the company.

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Quick Reads


  • Co-founder and Chairman of the real estate firm Hopson Development.
  • A pioneer in China's private property market, founding the company in 1992.
  • The company was one of the largest developers in Guangdong province.
  • His family maintains a controlling stake in the Hong Kong-listed company.
  • His daughter, Chu Kut Yung, is the company's co-president.

Early Life and Background


Chu Mang Yee is a Chinese businessman and the founder and former Chairman of Hopson Development Holdings Ltd. (HKSE: 0754), one of the largest and fastest-growing property development groups in mainland China. His wealth is rooted in the explosive growth of the residential and commercial real estate market following China's economic reforms.

Chu's background is in construction and property development, gained during his early experience working within the Chinese government bureaucracy. This provided him with invaluable insights into town planning, land use regulations, and the immense, untapped demand for modern housing among China's rising middle and affluent classes.

Career Journey of Chu Mang Yee & family


Chu Mang Yee co-founded Hopson Development Holdings in 1992 in Guangzhou, Guangdong Province. His strategic vision was to capitalize on the government reforms that allowed developers to acquire long-term leases on land for development. Hopson quickly became a leading developer in its original base of Guangzhou, focusing on meticulously designed high-end residential properties and large-scale commercial centers.

Under his leadership, Hopson expanded its footprint, specializing in complex, multi-functional properties and urban renewal projects. The company's successful IPO on the Hong Kong Stock Exchange secured the family's multi-billion dollar fortune. Chu, who maintained a massive 63 percent shareholding and was known for his personal philanthropy, has over 15 years of experience in trading, construction, property investment, and development, cementing his legacy as a titan of Chinese real estate.

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Chu Mang Yee & family's Timeline


1992:

Co-founds Hopson Development Holdings Ltd. in Guangzhou (Founding).

Ongoing:

Guides the company's focus on high-end residential properties (Strategic Focus).

2009 (approx.):

Hopson executes its successful IPO on the HKSE (Financial Milestone).

Ongoing:

Maintains a massive 63 percent shareholding and serves as Chairman (Executive Leadership).

Ongoing:

Donates 1.1 billion yuan worth of stock to an education and development fund (Philanthropic Commitment).

Major Business Ventures and Investments


Chu Mang Yee's wealth is concentrated in his founding equity and controlling stake in the publicly listed real estate giant, Hopson Development Holdings Ltd.

  • Hopson Development Holdings (Founder & Major Shareholder): The core asset, a major property developer specializing in high-end residential and commercial properties in Guangzhou and other major mainland Chinese cities.
  • Controlling Stake: His wealth is tied to his massive 63 percent shareholding in the publicly listed company.
  • Diversified Holdings: The Group has interests in trading, construction, and property investment.
  • Investment Philosophy: His strategy is rooted in acquiring long-term land leases and delivering high-quality projects to the affluent consumer market.

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Philanthropy and Social Impact


Chu Mang Yee is a dedicated philanthropist, often providing substantial support to his hometown and causes related to education and development. His personal giving includes a donation of 1.1 billion yuan worth of stock to an education and development fund.

His structural social impact stems from Hopson Development's role in shaping China's modern urban landscape and providing high-quality housing for millions of urban residents, particularly in the rapidly growing Guangdong region. He is recognized as an Honoured Citizen of Meizhou for his contributions.

Fashion, Style, and Lifestyle


Chu Mang Yee maintains the reserved, formal style of a Chinese real estate patriarch. His attire is consistently professional and high-quality, favoring tailored business suits. His aesthetic is one of serious authority and stability, befitting a multi-billion dollar executive commanding a massive property empire.

His luxury is the immense security and financial reward derived from his dominance in the mainland Chinese real estate market. His life is defined by strategic land development, construction mastery, and his commitment to philanthropy.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He co-founded Hopson Development and holds a massive 63 percent shareholding.
  • He worked in the Chinese government bureaucracy before starting his company.
  • He is known for donating 1.1 billion yuan worth of stock to an education fund.
  • His company specializes in high-end residential and commercial properties.
  • He is an Honoured Citizen of Meizhou, Guangdong Province.
  • The company successfully executed its IPO on the HKSE.
  • His wealth is tied to the massive growth of Guangzhou's urban real estate market.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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