D aniel Chiu is a Hong Kong businessman and an heir to the property development fortune created by his late father, Deacon Chiu. Deacon Chiu was a prominent Hong Kong tycoon who built a diversified empire with a core in real estate through his company, Far East Consortium, and was also known for his involvement in the media industry as the longtime chairman of Asia Television (ATV).

Upon their father's death, Daniel and his siblings inherited the family's extensive business interests. Daniel serves as the chairman and CEO of Fortune Oil, a company involved in oil and gas infrastructure and supply in China. He also plays a key role in the family's other holdings, which include a significant portfolio of real estate and hotel properties. His wealth is derived from his share of this enduring family enterprise.