Did you know that Cheung Chung Kiu is one of the wealthiest property developers in the world? With a staggering net worth of $1.5 billion, he has made his mark in the real estate industry, particularly through his leadership of C C Land. Born in Chongqing, China in 1964, Kiu's journey to success is a captivating story of ambition, savvy investment, and strategic acquisitions.
As the chairman of C C Land, Y.T. Realty, and Yugang International, Cheung Chung Kiu has demonstrated remarkable business acumen. He began his career in Hong Kong, purchasing goods to resell in China, which laid the foundation for his future ventures. His innovative approach to property development led him to purchase land back in his hometown, where he constructed California Garden, the city's first housing project.
In recent years, Kiu's business endeavors have gained global attention. Notably, in 2017, C C Land acquired London's iconic Leadenhall Building for £1.15 billion. Furthermore, in 2020, he made headlines by purchasing a luxurious 45-room mansion overlooking Hyde Park for between £205 and £210 million, marking it as the most expensive residential property ever sold in the UK.
Cheung Chung Kiu's Biography
| Category | Richest Business › Richest Billionaires |
|---|---|
| Net Worth | $1.5 Billion |
| Birthplace | Chongqing, China |
| Profession | Property Developer |
| Nationality | Chinese |
What is Cheung Chung Kiu's Net Worth?
Cheung Chung Kiu is a Chinese businessman who has a net worth of $1.5 billion. He is perhaps best known for being the chairman of C C Land, which has made him extremely wealthy.
Cheung Chung Kiu was born in Chongqing, China in 1964. He is also the chairman of Y.T. Realty and Yugang International. He started his business career by buying goods in Hong Kong and reselling them in China. Cheung Chung Kiu then started purchasing land in his hometown and built the city's first housing project, California Garden.
In 2017, C C Land purchased London's Leadenhall Building for 1.15 billion pounds from British Land and Oxford Properties, who were 50/50 owners. In 2020, he purchased a 45-room, 62,000 square foot mansion that overlooks Hyde Park. Kiu purchased the mansion from Sultan bin Abdulaziz Al Saud for 205 to 210 million pounds, making it the most expensive house ever to be sold in the UK.
