RedCarpetLife
2125
In the world today
Hui Wing Mau

Hui Wing Mau

H. Mau
-0.04% | - $-0.79M
$1.91 B ₹ 17,338 Cr
Real Time Net Worth #2125 Ranking as of 21 Feb 2026 By Forbes

More on Hui Wing Mau

Gender

Male

Age

76Y

Country

China

Born On

January, 1950

Deceased

No

Relationship Status

Married

Children

2

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Real Estate)

Primary Organization

Shimao Group Holdings

Titles

Founder & Chairman

Sources of Wealth

Shimao Group

Industry

Real Estate, Construction

About Hui Wing Mau


H ui Wing Mau is a Chinese-Australian self-made real estate billionaire who is the founder and chairman of Shimao Group Holdings, a major Chinese property developer. Born in Fujian province, he worked as a doctor before moving to Hong Kong and then Australia, where he made his first fortune investing in real estate and the stock market. He then returned to mainland China in the 1990s to capitalize on the country's massive real estate boom.

He founded Shimao and built it into one of China's largest and most successful property developers, with a large and diversified portfolio of residential, commercial, and hotel properties across the country. The company is known for its high-end projects, including several iconic skyscrapers. However, like many Chinese developers, his company has faced severe financial distress and a debt crisis in recent years amid a major downturn in the Chinese property market. Despite these immense challenges, the wealth he accumulated during the boom years remains substantial.

Advertisement

Quick Reads


  • Founder and Chairman of the Chinese property developer Shimao Group.
  • A self-made billionaire, he was formerly a doctor.
  • Built his fortune during China's massive real estate boom.
  • His company has faced a severe debt crisis amid the downturn in the Chinese property market.
  • He also holds Australian citizenship.

Early Life and Background


Hui Wing Mau (also known as Xu Rongmao) is a Chinese-Australian businessman, the self-made billionaire Founder and Chairman of Shimao Group (HKSE: 0813), a major property developer and conglomerate. Born in Fujian, China, in 1950, his early life was marked by the Cultural Revolution, during which he was sent to the countryside to work as a barefoot doctor.

Hui later emigrated to Hong Kong in the 1970s, where he worked as a textile worker. His entrepreneurial breakthrough came with shrewd investment in stock trades, which provided the capital for his audacious move into real estate. His strategic genius was his ability to recognize and take advantage of the massive urbanization and commercial property booms in China.

  • Shimao Group (Founder & Chairman): The core asset, a major property developer specializing in large-scale residential developments, luxury residences, and hotels in mainland China and Hong Kong.
  • Early Career: He worked as a barefoot doctor and a textile worker before his first investment.
  • Investment Strategy: His success is built on strategic land acquisition and developing integrated commercial and residential properties in high-growth urban centers (e.g., Shanghai, Beijing).
  • Dual Citizenship: He holds Australian citizenship and a long history of property ventures in Australia.

Career Journey of Hui Wing Mau


Hui Wing Mau's strategic pivot to real estate began in 1988 when he invested in a knitting factory but quickly built a hotel instead, opening the first private three-star hotel in China. Recognizing the massive potential, he expanded aggressively into developing residential complexes and resorts in Fujian, later moving his focus to major cities like Beijing and Shanghai in the 1990s.

The Shimao Group successfully executed its IPO on the Hong Kong Stock Exchange (HKSE) in 2006. Under his leadership, Shimao became one of China's most important property developers, known for its high-quality, large-scale projects. He also diversified the family's interests into real estate management, property services, and hospitality. His wealth is tied to the long-term, massive appreciation of Chinese urban real estate and his skill in securing prime development plots.

Advertisement

Hui Wing Mau's Timeline


1970s (Late):

Works as a textile worker in Hong Kong (Early Career).

1988:

Invests in a knitting factory, but builds the first private three-star hotel in China instead (Pivotal Event).

1990s:

Expands real estate business into Beijing and Shanghai (Strategic Growth).

2006:

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

Ongoing:

Continues as Founder and Chairman, guiding the global property empire (Executive Oversight).

Major Business Ventures and Investments


Hui Wing Mau's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded property giant, Shimao Group (HKSE: 0813).

  • Shimao Group (Founder & Chairman): The core asset, a major property developer specializing in large-scale residential developments, luxury residences, and hotels in mainland China and Hong Kong.
  • Early Career: He worked as a barefoot doctor and a textile worker before his first investment.
  • Investment Strategy: His success is built on strategic land acquisition and developing integrated commercial and residential properties in high-growth urban centers (e.g., Shanghai, Beijing).
  • Dual Citizenship: He holds Australian citizenship and a long history of property ventures in Australia.

Advertisement

Philanthropy and Social Impact


Hui Wing Mau's social impact is structural, stemming from Shimao Group's role in providing essential housing and commercial infrastructure for China's massive urban population. The company provides thousands of stable jobs in construction, real estate, and hospitality.

His personal philanthropy supports various educational and community initiatives. His career is a testament to the profitability of disciplined real estate development, strategic acquisition, and successful navigation of the political and regulatory landscape in China.

Fashion, Style, and Lifestyle


Hui Wing Mau maintains the highly professional, composed style of a Chinese property magnate. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects serious authority and stability, befitting a multi-billionaire commanding a massive real estate empire.

Residing in Hong Kong (and Australia), his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to real estate development, strategic investment, and the long-term, stable growth of his essential property and hospitality empire.

Advertisement

Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He worked as a barefoot doctor during the Cultural Revolution and later as a textile worker.
  • He is the founder and Chairman of Shimao Group (major property developer).
  • He opened the first private three-star hotel in China in 1988.
  • He holds Australian citizenship and has a history of property ventures in Australia.
  • Shimao successfully executed its IPO on the HKSE in 2006.
  • He is known for not following trends and going against them in investment strategy.
  • His wealth is tied to the long-term, massive appreciation of Chinese urban real estate.

Advertisement

More Profiles


Harindarpal Banga

-0.03% | -$0.91M

Agoes Projosasmito

+0.07% | +$4.00M

You May Like


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

Sponsored Content