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In the world today
Or Wai Sheun

Or Wai Sheun

O. Sheun
-0.02% | - $-0.49M
$2.53 B ₹ 23,013 Cr
Real Time Net Worth #1643 Ranking as of 21 Feb 2026 By Forbes

More on Or Wai Sheun

Gender

Male

Age

0Y

Country

Hong Kong

Born On

February, 2026

Deceased

No

Relationship Status

Married

Children

2

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited

Primary Organization

Kowloon Development Company

Titles

Chairman

Sources of Wealth

Kowloon Development Company

Industry

Real Estate

About Or Wai Sheun


O r Wai Sheun is a Hong Kong property developer and the chairman of Kowloon Development Company. He took over the company, which was founded by his late father, Or Po Shing, in 1961. Under Or Wai Sheun's leadership, Kowloon Development has grown into a significant player in the Hong Kong and mainland China real estate markets.

The company's portfolio is diverse, encompassing the development of luxury residential properties, commercial buildings, and industrial estates. While it has a strong presence in Hong Kong, the company has increasingly focused on expansion into mainland China, undertaking large-scale residential and commercial projects in major cities. Or Wai Sheun has steered the company through various property cycles, maintaining its growth and profitability. His wealth is primarily derived from his family's controlling stake in the publicly-listed company.

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Quick Reads


  • Chairman of Hong Kong-based property developer Kowloon Development Company.
  • The company was founded by his father, Or Po Shing, in 1961.
  • He inherited control of the business and has led its expansion.
  • The company develops residential, commercial, and industrial properties.
  • Has significantly expanded the company's operations into mainland China.

Early Life and Background


Or Wai Sheun is a Hong Kong businessman, the self-made billionaire Founder and Executive Chairman of Kaisa Group Holdings Ltd. (HKSE: 1638), a major property developer specializing in urban renewal and luxury real estate in China. His career is rooted in construction and real estate development.

Or's philosophical approach centers on scale, long-term land acquisition, and urban revitalization (redeveloping old city areas). His structural contribution is tied to the massive urbanization and housing development boom in China (especially in the Pearl River Delta region).

  • Kaisa Group Holdings (Founder & Chairman): The core publicly traded asset, a major property developer specializing in urban renewal and luxury residential projects in major Chinese cities (Shenzhen).
  • Real Estate Focus: His success is built on strategic land acquisition and high-quality, high-rise residential development in high-growth urban centers.
  • Controversy/Crisis: The company has faced major debt crises and legal scrutiny (a reflection of the high-stakes, leveraged nature of the Chinese property sector).
  • Investment Strategy: His philosophy is rooted in long-term investment in urban land and scale construction.

Career Journey of Or Wai Sheun


Or Wai Sheun's strategic leadership guided Kaisa Group's transformation into a major force in the Chinese real estate sector. He founded Kaisa Group in 1999, successfully executing a strategy of urban renewal development (acquiring and redeveloping old city areas) that was highly profitable. The company successfully executed its IPO on the Hong Kong Stock Exchange (HKSE).

His structural contribution is immense: providing large-scale housing and commercial infrastructure to China's rapidly growing cities. His career has been marked by major financial crises, including the 2015 debt restructuring and the 2021 liquidity crisis (a common challenge in the Chinese property market). His wealth is secured by the colossal, long-term, stable appreciation of his real estate portfolio.

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Or Wai Sheun's Timeline


1999:

Founds Kaisa Group Holdings (Founding).

2009 (December):

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

2015:

Kaisa faces a major debt crisis and restructuring (Corporate Crisis 1).

2021:

Kaisa faces a liquidity crisis (Corporate Crisis 2).

Ongoing:

Continues as Founder and Executive Chairman, guiding the massive real estate empire (Executive Oversight).

Major Business Ventures and Investments


Or Wai Sheun's wealth is concentrated in his founding equity and continued executive leadership role in the publicly traded real estate giant, Kaisa Group Holdings Ltd. (HKSE: 1638).

  • Kaisa Group Holdings (Founder & Chairman): The core publicly traded asset, a major property developer specializing in urban renewal and luxury residential projects in major Chinese cities (Shenzhen).
  • Real Estate Focus: His success is built on strategic land acquisition and high-quality, high-rise residential development in high-growth urban centers.
  • Controversy/Crisis: The company has faced major debt crises and legal scrutiny (a reflection of the high-stakes, leveraged nature of the Chinese property sector).
  • Investment Strategy: His philosophy is rooted in long-term investment in urban land and scale construction.

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Philanthropy and Social Impact


Or Wai Sheun's social impact is structural, stemming from Kaisa Group's role in providing essential housing and commercial infrastructure for China's massive urban population. His companies contribute significantly to urban planning and job creation. His personal philanthropy supports various community and educational initiatives.

His structural contribution is tied to the successful industrialization and scale of the Chinese real estate development sector.

Fashion, Style, and Lifestyle


Or Wai Sheun maintains the professional, pragmatic style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects serious authority and stability, typical of a leader in the high-stakes property sector.

Residing in Shenzhen, China, and Hong Kong, 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 planning, and the long-term stewardship of the Kaisa Group empire.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Founder and Executive Chairman of Kaisa Group Holdings (urban renewal and property development).
  • His company has faced major debt crises (in 2015 and 2021).
  • Kaisa Group specializes in luxury residential and commercial projects.
  • He successfully executed its IPO on the HKSE in 2009.
  • His fortune is a direct result of the massive growth of Chinese urbanization.
  • He is known for maintaining a private profile despite his vast corporate interests.
  • His philosophy emphasizes long-term land acquisition and scale construction.

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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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