Biography of Billionaire Chu Lam Yiu
Chu Lam Yiu is a successful entrepreneur and billionaire from Hong Kong. He is the founder, chairman, and CEO of an international beauty and cosmetics company called Gianna Group. With a passion for beauty products, he stepped into the industry in 1992 and has successfully established Gianna as a global brand.
Yiu’s success in the beauty industry has led him to become one of the richest people in the world. According to Forbes, in 2021, his net worth is estimated to be $17.7 billion, making him the 58th richest person on earth.
Early Life and Education
Chu Lam Yiu was born on November 9, 1966, in Hong Kong. His father was a merchant who owned a small retail store. Yiu grew up in a humble family and learned the value of hard work from his father.
He completed his primary and secondary education in Hong Kong before moving to the United States to pursue higher studies. In 1989, he graduated from the University of California, Berkeley, with a degree in civil engineering.
Career and Achievements
After completing his studies, Chu Lam Yiu started his career in the construction industry. For the next few years, he worked as a project manager for various construction projects in Hong Kong.
However, his true passion was in the beauty industry. In 1992, he left the construction industry to start his own company, Gianna Group. Initially, the company focused on producing and selling skincare products under the brand name “Gianna”.
The company saw rapid growth, and in 1997, he expanded into the beauty salon business. He introduced several new services such as hairdressing, spa treatments, and make-up services, which quickly gained popularity.
Over the years, the company has grown to become one of the leading beauty brands in the world. Today, Gianna Group has a presence in more than 130 countries and has over 680 retail stores and franchise outlets.
In addition to his success with Gianna Group, Chu Lam Yiu has also served as the vice-chairman of the Chinese General Chamber of Commerce in Hong Kong.
Chu Lam Yiu is a private person and keeps his personal life away from the public eye. He is married and has two children.
He is also known for his philanthropic work and has donated millions of dollars to various charitable causes. In 2015, he donated $20 million to the University of California, Berkeley, to establish the Chu Lam Yiu Center for Entrepreneurship.
|Name||Chu Lam Yiu|
|Born||November 9, 1966|
|Sector||Beauty and Cosmetics|
|Net Worth||$17.7 billion (2021)||Forbes URL Href||https://www.forbes.com/profile/chu-lam-yiu/|