Age, Biography and Wiki
Birth Place | Hong Kong, Hong Kong, Hong Kong |
Chinese | 唐翔千 |
TranscriptionsStandard MandarinHanyu Pinyin | Transcriptions Standard Mandarin Hanyu Pinyin Táng Xiángqiān Táng Xiángqiān |
Hanyu Pinyin | Táng Xiángqiān |
Net worth: $1.5 Billion (2024)
Tang Hsiang-chien, renowned for his contributions to the manufacturing sector in Hong Kong, has built an impressive fortune over the years. In 2024, his net worth is estimated to reach a staggering $1.5 billion. As a prominent figure in the industry, Tang Hsiang-chien has demonstrated exceptional business acumen, transforming his enterprises into successful ventures. With his unwavering determination and dedication to excellence, Tang has managed to create a substantial wealth for himself, solidifying his position as a leading businessman in Hong Kong's manufacturing landscape.
Biography/Timeline
Tang was a political insider with lead positions on a number of boards and committees. He had an important role in Hong Kong's transfer of power from the UK to China in the years leading up to 1997. His Business positions included managing Director of Soco Textiles, chairman of Peninsula Knitters, general manager of Xinjiang Tianshan Wool Tex Stock Company and general manager of Shanghai United Woolentex Group and Guandong Lianfa Woolen Fabric Company, with associated ownership stakes
His businesses prospered in Hong Kong, mostly in textiles (Peninsula Knitters and Soco Textiles), but was involved in printed circuit-boards with the establishment of Meadville Holdings (sold to TTM Technologies in 2009). After 1989, he showed commitment to the emerging Business environment of China, amassing an estimated net worth of US$1.6 billion, and earning him membership of the Standing Committee of the 7–9th CPPCC National Committee.
His son Henry Tang Ying Yen was Financial Secretary of Hong Kong and a candidate for Chief Executive in 2012.
Tang died on 10 March 2018, aged 94 years, peacefully at his home in Hong Kong.