Tang Hsiang-chien
Manufacturing

Tang Hsiang-chien Net Worth

Tang Hsiang-chien was a successful entrepreneur from Shanghai who made his fortune in the manufacturing industry in Hong Kong. His son Henry served in the Hong Kong government from 2003 to 2011 and ran for chief executive in 2012, but lost due to a series of controversies and scandals.
Tang Hsiang-chien is a member of Manufacturing

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.

2015 $1.2 Billion
2016 $1.1 Billion
2017 $1.5 Billion
2018 $1.57 Billion

Biography/Timeline

1945

Tang graduated from Utopia University in Shanghai in 1945, then moved on to University of Manchester in 1947 and received a master's degree from Illinois State University in 1948. He moved and relocated his Business interests to Hong Kong in 1950.

1997

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

2009

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.

2012

His son Henry Tang Ying Yen was Financial Secretary of Hong Kong and a candidate for Chief Executive in 2012.

2018

Tang died on 10 March 2018, aged 94 years, peacefully at his home in Hong Kong.

Some Tang Hsiang-chien 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.