Henry Cheng

Henry Cheng Kar-shun, GBM, GBS (Chinese: 鄭家純; born 11 December 1946) is a Hong Kong billionaire property developer.

In this Chinese name, the family name is Cheng.
The Honourable

Henry Cheng

GBM GBS
Born
鄭家純
Cheng Kar-shun

(1946-12-11) December 11, 1946
Shunde, Guangdong, China
Alma materUniversity of Western Ontario
Occupationbusinessman
Net worthUS$20.7 billion (February 2020)[1]
Children6
Parent(s)Cheng Yu-tung
Chow Tsui-ying
RelativesCheng Ka-shing (brother)
Amy Cheng (sister)
Lai-ha (sister)
Adrian Cheng
Sonia Cheng
Brian Cheng
Christopher Cheng
Cheng Chak-wang and
Cheng Chak-yin.
Henry Cheng
Traditional Chinese鄭家純
Simplified Chinese郑家纯

Cheng is the elder son of Cheng Yu-tung who founded Hong Kong-listed New World Development of which Henry succeeded his father as chairman.[2] Cheng is chairman of NWS Holdings, New World China Land, and New World Department Store China. He is also a Standing Committee Member of the Eleventh Chinese People’s Political Consultative Conference.[3][4]

In the 2012 Chief Executive election in Hong Kong, Cheng initially supported Henry Tang but switched to support the eventual winner, Leung Chun-ying. When Leung's second Secretary for Development, Paul Chan, became embroiled in a property and credibility scandal (as had the first, Mak Chai-kwong), Cheng was the first public figure to offer support.[5]

Cheng has six children (from oldest to youngest): Adrian, Sonia, Brian, Christopher, Chak-wang and Chak-yin.

In 2016, Henry Cheng donated RMB$300 million to China Internet Development Foundation (whose president is a former senior executive of Communist Party mouthpiece the People's Daily[6]) to "support cyber security training".[7]

He was awarded the Grand Bauhinia Medal (GBM) by the Hong Kong SAR Government in 2017.[8]

References
  1. "Henry Cheng".
  2. "Corporate | New World Development Company Limited Official Website". www.nwd.com.hk. Retrieved 8 October 2015.
  3. New World Development Company Limited (Hong Kong Stock)
  4. "New World China Land Directors' Profile". Archived from the original on 2011-10-04. Retrieved 2010-08-02.
  5. Tycoon backs Paul Chan in flats row, SCMP, 8 August 2012
  6. "Ms Ma Li". China Internet Development Foundation. Retrieved 12 July 2019.
  7. Billionaire donates 300 mln yuan to cybersecurity training
  8. "Appendix to the 2017 Honours List" (PDF). Hong Kong SAR Government. 1 July 2017. Retrieved 5 October 2020.
Order of precedence
Preceded by
James Kerr Findlay
Recipients of the Gold Bauhinia Star		 Hong Kong order of precedence
Recipients of the Gold Bauhinia Star		 Succeeded by
Martin Barrow
Recipients of the Gold Bauhinia Star
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