Gordon Wu
Real Estate

Gordon Wu Net Worth

Gordon Wu is a business icon from Hong Kong who is the chairman of Hopewell Holdings, one of the largest builders of roads, tunnels and bridges in the city. He is a Princeton University graduate and has extensive interests in southern China. His son, Thomas Jefferson, is the managing director and heir apparent.
Gordon Wu is a member of Real Estate

Age, Biography and Wiki

Birth Place Hong Kong, Hong Kong, Hong Kong
Traditional Chinese 胡應湘
Simplified Chinese 胡应湘
TranscriptionsStandard MandarinHanyu PinyinYue: CantoneseJyutping Transcriptions Standard Mandarin Hanyu Pinyin Hú Yìngxiāng Yue: Cantonese Jyutping Wu Jingsoeng Hú YìngxiāngWu Jingsoeng
Hanyu Pinyin Hú Yìngxiāng
Jyutping Wu Jingsoeng

💰 Net worth: $1.5 Billion (2024)

Gordon Wu, a prominent figure in the real estate industry in Hong Kong, is projected to have a noteworthy net worth of $1.5 billion in 2024. With his extensive experience and keen business acumen, Wu has established a strong presence in Hong Kong's real estate market. His remarkable success can be attributed to his strategic investments and shrewd management of various property ventures. As a prominent player in the industry, Wu has undoubtedly contributed significantly to the development and growth of Hong Kong's real estate sector.

2013 $1.4 Billion
2014 $1.1 Billion
2015 $1.25 Billion
2017 $1.1 Billion
2018 $1.32 Billion

Famous Quotes:

"A small number of people ... are against everything the SAR government wants to do and against everything that's from the central government. They are also using such slogans as 'uprising' and 'liberation.' These show they have hidden purposes."

Biography/Timeline

1953

Wu studied engineering at the University of Manitoba in 1953, then transferred to Princeton University. Wu graduated from Princeton with a Bachelor of Science degree in Engineering (B.Sc.Eng.) in 1958, and currently serves as a Trustee for the university. Before that, he attended Wah Yan College, a Jesuit secondary school in Hong Kong.

1972

As one of the founders of Hopewell, he was the managing Director from 1972 to 2002. In January 2002, he retired as the managing Director of the company but remains as the chairman of the board. He was responsible for Hopewell's infrastructure projects in mainland China and Southeast Asia and has been involved in the design and construction of many buildings and development projects in Hong Kong and mainland China. He is also the chairman of Hopewell Highway Infrastructure Limited, subsidiary of Hopewell listed on August 2003, and an independent non-executive Director of i-Cable Communications Limited.

1979

Gordon Wu designed the first Build-Operate-Transfer (BOT) project for the China Hotel in 1979, thus 'leading the way' into China. Wu and Hopewell went on to build power plants (Shajiao B and C) and other infrastructure projects in China, using the BOT structure.

1980

Since the 1980s, Wu has steered Hopewell Holdings towards developing his vision of creating an advanced transport system for China's Manufacturing powerhouse in the Pearl River Delta, which includes much of Guangdong province and makes use of its proximity to Hong Kong to access professional services and Logistics.

1984

In 1984, Wu donated US$5 million worth of his company shares to Princeton University and formed a charity fund. Wu also pledged US$100 million to the university, a sum he planned to make available for university use in 2008, on the occasion of his 50th reunion. In a talk given in October 2006, however, Wu revealed intentions of making the contribution available to the university sooner. He completed this pledge, with the last payment in 2006/2007.

2001

Hopewell is participating in the investment of five toll road projects with a total length of 360 km, all of which are located in the Pearl River Delta region of Guangdong Province in mainland China. Four toll road projects are in operation while construction of the 15 km Phase I of the Guangzhou-Zhuhai West Superhighway (Guangzhou to Shunde section) commenced in December 2001. All of the projects are in the form of co-operative joint ventures between Hopewell and China partners.

2003

Gordon Wu has spoken out in opposition to the development of democracy in Hong Kong. He joined more than 80 of Hong Kong's richest Business tycoons and their heirs apparent headed for Beijing on 26 September 2003 on an annual pilgrimage. The same year, he told the Chinese University of Hong Kong EMBA programme that he opposed direct elections in Hong Kong which, he believed, would cause lots of problems. Noting that only 10 per cent of Hong Kong citizens pay taxes, with the remaining 90 per cent receiving subsidies in various forms, e.g. public housing, Health care and education, if direct elections were introduced, this group would, with the help of the politicians they had voted in, "get not only free lunches, but free dinners and breakfasts."

2005

In the run up to the December 2005 protest for democracy in Hong Kong, he said that demonstrators are mobs, and democracy is mobocracy. At a meeting attended by then Vice President Xi Jinping in 2010, he stated,

Some Gordon Wu images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.