Biography of Billionaire Tang Yiu
Tang Yiu is a Chinese billionaire businessman who made his fortune through property development. He is the founder and chairman of the Shanghai-based development company, Sino Ocean Land. Tang Yiu is known for being one of the richest people in China, with a net worth of over $7.2 billion.
Early Life and Education
Tang Yiu was born in 1963 in China’s Fujian province. He was the youngest of nine children in a family that struggled financially. Despite this, Tang Yiu was determined to succeed and worked hard in school. He went on to attend Fuzhou University, where he earned a degree in civil engineering.
Career and Achievements
After finishing university, Tang Yiu worked as an engineer for the Fujian Provincial Civil Engineering Design Institute. He then moved on to work for a number of other firms before founding his own company in 1993. Sino Ocean Land started out as a small real estate firm, but it grew quickly under Tang Yiu’s leadership. The company went public in 2007, and Tang Yiu became a billionaire overnight.
Tang Yiu’s success continued throughout the 2010s, with Sino Ocean Land expanding into new markets and developing a number of high-profile properties. In 2018, the company purchased a prime piece of real estate in Hong Kong’s Kowloon area for a record-breaking $3.2 billion.
Tang Yiu is notoriously private when it comes to his personal life. He is married with two children, but little is known about his family. He is known to be a collector of Chinese art and has been spotted at auction houses around the world bidding on rare pieces.
|Companies||Sino Ocean Land|
|Net Worth||$7.2 billion|