Chao Kuang Piu


Chao Kuang-piu, SBS, is a Hong Kong industrial tycoon and philanthropist, sometimes referred to as Hong Kong's "Wool Magnate".

Life

Chao was born on 24 November 1920 in Shanghai. His father was also a successful businessman in Shanghai. In 1950, Chao went to Hong Kong to develop his own business. His career has been mainly involved in the Hong Kong textile industry.
Chao is the main founder of the Dragonair, the first Chinese-owned airline in Hong Kong. Chao also was the very first businessman who invested in Mainland China when the Chinese Economic Reform started in late 1970s.
Chao is the current Honorary Chairman of the Wharton School's Global Alumni Forum in Hong Kong. He is also the current Chairman of Novel Enterprises Ltd.

Family

Chao's daughter, Susana Chou, is the first President of the Legislative Assembly of Macau, Macau SAR.
Chao's son, Silas Chou, is a director of Novel Enterprises which owned Tommy Hilfiger and Michael Kors. His daughter is socialite Veronica Chou.
Chao's son, Ronald K Y Chao, is also a director of Novel Enterprises and founded the Bai Xian Scholarship program in Hong Kong. Chao studied Mechanical Engineering at University of Tokyo and obtained MS at the University of Illinois.

Honors and awards