Peter Woo
Real Estate

Peter Woo Net Worth

2 years from now

Peter Woo was born in Hong Kong in 1946 and went on to earn an MBA from Columbia University. He met his future wife, Bessie, in New York and joined her family business in 1975. He relinquished his chairman's role at Wharf in 2015 and became "chief adviser". His wealth increased significantly in 2016 due to the success of Wheelock & Co., which controls telecom, port and retailing assets, including the luxury department store chain Lane Crawford. His son Douglas is now the chairman of Wheelock.
Peter Woo is a member of Real Estate

Age, Biography and Wiki

Birth Day September 05, 1946
Birth Place Hong Kong, Hong Kong, Hong Kong
Age 76 YEARS OLD
Birth Sign Libra
Residence Hong Kong
Occupation Former chairman of Wheelock and Company Limited and The Wharf Holdings Limited
Spouse(s) Bessie Pao(m 1973)
Children 3 (including Douglas Woo)

💰 Net worth: $15.8 Billion (2024)

Peter Woo, widely recognized as a prominent figure in the real estate industry in Hong Kong, is projected to have a net worth of $15.8 billion by 2024. With his extensive experience and expertise in the field, Woo has made substantial contributions to the development of Hong Kong's real estate sector. Known for his strategic investments and innovative approaches, he has amassed great wealth and solidified his position as one of the wealthiest individuals in the region. Peter Woo's net worth stands as a testament to his prowess in navigating the complex dynamics of the real estate market and his consistent success in this lucrative industry.

2009 $2.6 Billion
2010 $4.3 Billion
2011 $5.1 Billion
2012 $4.5 Billion
2013 $8 Billion
2014 $7.2 Billion
2015 $8.6 Billion
2016 $6.6 Billion
2017 $10.5 Billion
2018 $12.72 Billion

Biography/Timeline

1949

Woo was born in Shanghai, China and moved to Hong Kong in 1949. He was educated at St Stephen's College, a Direct Subsidy Scheme privately owned but government-funded boarding school (which is also Hong Kong's largest secondary school), in the town of Stanley in Hong Kong, and went on to attain his bachelor's degree from the University of Cincinnati, US, majoring in Physics and Mathematics. While a student at the University of Cincinnati, Woo became a member of Delta Tau Delta Fraternity, an endeavour he is still involved in today. He later obtained an MBA from Columbia Business School in New York, US.

1973

In 1973, he married Bessie Pao. In 1975, he joined his father-in-law, the late Sir Yue-Kong Pao’s Worldwide Shipping Group and was later appointed vice-chairman for the company. In 1986, Woo's father-in-law retired and appointed him the head of the Wheelock / Wharf businesses, while putting the shipping interests (now Bergesen Worldwide) under the control of another son-in-law, Helmut Sohmen.

1993

The Hong Kong SAR Government appointed Woo Justice of the Peace in 1993, awarded the Gold Bauhinia Star in 1998 and the Grand Bauhinia Medal in 2012.

1996

In 1996, Woo ran in the First Hong Kong Chief Executive Election just before the British colony was handed over back to Chinese rule, alongside Yang Ti-liang (楊鐵樑) and Tung Chee-hwa (董建華). Tung won.

2019

Woo is a member of the Standing Committee of the Chinese People’s Political Consultative Conference.

Some Peter Woo images

Tags 1946 births Living people Businesspeople from Shanghai Columbia Business School alumni Hong Kong billionaires Hong Kong chief executives Hong Kong entrepreneurs Members of the National Committee of the Chinese People's Political Consultative Conference Hong Kong real estate businesspeople People's Republic of China politicians from Shanghai Recipients of the Gold Bauhinia Star University of Cincinnati alumni The Wharf (Holdings) Wheelock & Co Hong Kong people of Shanghainese descent Members of the Preparatory Committee for the Hong Kong Special Administrative Region Hong Kong BLCC members Hong Kong Affairs Advisors Members of the Election Committee of Hong Kong, 2007–2012 Members of the Election Committee of Hong Kong, 2012–2017

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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.