Pollyanna Chu
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|
Pollyanna Chu (Chu Yuet wah) | |
|---|---|
| 朱李月華 | |
| CEO of the Kingston Financial Group | |
| Assumed office 6 April 2005 | |
| Chairman of the Sincere Watch (Hong Kong) Limited | |
| Assumed office 13 July 2012 | |
| Preceded by | Tay Liam Wee |
| Chairman of Po Leung Kuk | |
| In office 1 April 2015 – 1 April 2016 | |
| Preceded by | Angela Leong |
| Succeeded by | Eleanor Kwok Law |
| Personal details | |
| Born | Yuet Wah Lee 3 August 1958 British Hong Kong |
| Spouse | Nicholas Chu |
| Children | 1 |
| Residence | Hong Kong |
| Alma mater | Golden Gate University |
| Occupation | CEO of Kingston Financial Group CEO of Golden Resorts Group Chairman of Sincere Watch |
Pollyanna Chu (Chu Yuet Wah; Chinese: 朱李月華) is a billionaire businesswoman from Hong Kong. She is an executive of Kingston Financial Group, Golden Resorts Group, and Sincere Watch. As of 30 January 2018, Chu's estimated net worth was US $10.2 billion, making her the 14th richest person in Hong Kong.
Early life[edit]
In 1958 Chu was born as Yuet Wah Lee in British Hong Kong. Her father was Wai Man Lee. She grew up in Aberdeen, Hong Kong. [1]
Education[edit]
Pollyanna Chu moved to the United States at the age of 18. She holds a bachelor's degree in Management from Golden Gate University and awarded an Honorary Ph.D. in Business Management by York University, United States.[2]
Personal life[edit]
She married her husband, Nicholas[3] who she met while studying in San Francisco, California.[4] She has one child, Kingston, who was born in San Francisco, but raised in Hong Kong.[5][6] In November 2015, her son Kingston married Kelly Lo in Hong Kong.[7]
In December 2021, it was reported that Chu had a "privileged" vote in the 2021 Hong Kong legislative election, where the vote would count approximately 7,215 times more than an ordinary citizen.[8]
Career[edit]
Pollyanna and her husband Nicholas Chu became real estate investors on her father's recommendation and moved to Hong Kong in 1992 to pursue the business.[2][3]
Kingston Financial Group Limited[edit]
Following success in California real estate, they founded Kingston Financial in 1992. The company was named after their son.[2] Chu served as Managing Director,[3] but co-ran Kingston Financial with her husband.[5] The company initially focused on IPO distribution and mergers and acquisitions, finding particular success in 2010 as a top five firm in the latter pursuit.
As of 2016, Chu is the CEO and Executive Director of Kingston Financial Group Limited.[9] As of 2016, she is the biggest shareholder and CEO of Kingston Financial.[2] According to Bloomberg's League Tables, in 2016, Kingston Financial is ranked the 1st as the leading Placing Agent and Underwriter in Hong Kong with 47 issues. The Group is also ranked the 3rd M&A Financial Adviser in Hong Kong with 22 deals.
Securities and Futures Commission[edit]
In 1997 she was "fined...for working as an unregistered dealer." Chu was accused of market manipulation in 2003 by the Securities and Futures Commission.[citation needed]
Golden Resorts Group[edit]
Chu is the CEO of the Golden Resorts Group Limited.[3][10] It is engaged in the hotel and gaming business, notably Casa Real Hotel and Grandview Hotel in Macau.
Sincere Watch Limited[edit]
In 2012, she bought a 100% stake in Sincere Watch Limited, which is currently run by her son, Kingston Chu.[2][11]
In May 2012, Chu became the executive director of Sincere Watch (Hong Kong) Limited and director of Sincere Watch Limited. In July 2012, she became the chairman of Sincere Watch (Hong Kong) Limited.[12]
In July, 2012, she was named chairwoman of Franck Muller's Asia-Pacific operations.[13]
Organisation[edit]
- Chief Executive Officer of Kingston Financial Group (1031.HK) [9]
- Chairman of Sincere Watch (Hong Kong) Limited (444.HK) [12]
Awards[edit]
Chu was given an "Outstanding Chinese Prize" in 2008.[3] In 2012, Forbes Asia listed her as one of their "Women In The Mix", their #35 Power Woman of 2017, their #549 'Billionaire' of 2016, and their #16 out of 'Hong Kong's 50 Richest' in 2016.[14]
References[edit]
- ^ "Wealthx.com Yuet Wah Chu". Retrieved Nov 12, 2016.
- ^ a b c d e "Kingston Financial Group Limited official website - Board of Directors".
- ^ a b c d e zhuhong. "The Secret of a Hong Kong Businesswoman's Success". Business Women in China. All-China Women's Federation. Retrieved 3 March 2013.
- ^ Flannery, Russell. "The Billionaire Chus And Kingston Financial Look To Make A Mark Beyond Hong Kong". Forbes. Retrieved 3 March 2013.
- ^ a b "#32 Pollyanna Chu". Forbes. 5 January 2012. Archived from the original on January 12, 2012. Retrieved 3 March 2013.
- ^ Kan, Francis (1 March 2014). "The Peak Interview: Kingston Chu". The Peak. The Peak. Retrieved 12 August 2016.
- ^ Barlow, Christian. "Inside Kingston Chu and Kelly Lo's Wedding". Tatler Asia. Retrieved 2021-12-02.
- ^ FactWire (2021-12-15). "Factwire: 41 privileged voters have 7,200 times greater power than a regular Hong Kong voter following election revamp". Hong Kong Free Press HKFP. Retrieved 2021-12-16.
- ^ a b "Kingston.com.hk Board of Directors". Retrieved Nov 12, 2016.
- ^ "Goldenresortsgroup.com Dr. CHU Yuet Wah". Retrieved Nov 12, 2016.
- ^ "Chu Pollyanna". Hong Kong's 50 Richest. Forbes. Retrieved 3 March 2013.
- ^ a b "Sincere.com Pollyanna Chu". Retrieved 12 Nov 2016.
- ^ Chen, Vivian (25 July 2012). "Time is right for Pollyanna Chu to take the helm at Franck Muller's Asia-Pacific operation". Entertainment. South China Morning Post. Retrieved 3 March 2013.
- ^ Scott, Mary E. "Asia's Women In The Mix, 2013: The Year's Top 50 for Achievement In Business". Forbes Asia. Retrieved 3 March 2013.