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Cecil Chao

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Cecil Chao
Born
Cecil Chao Sze-Tsung

(1936-09-27) 27 September 1936 (age 88)
Shanghai, China
CitizenshipHong Kong
Alma materUniversity of Durham
OccupationChairman of Cheuk Nang (Holdings) Ltd.
Children3; including Gigi
Parent(s)Chao Tsong-yea (father)
Chao Nyi Ya-tsung (mother)
Chinese name
Traditional Chinese趙世曾
Simplified Chinese赵世曾
Transcriptions
Standard Mandarin
Hanyu PinyinZhào Shìzēng
Wade–GilesChao Shih-tseng

Cecil Chao Sze-Tsung (Chinese: 趙世曾; born September 27, 1936)[citation needed] is a Hong Kong billionaire who is the owner of Cheuk Nang (Holdings) Ltd, a Hong Kong-based property development and investment company, known for its focus on residential and commercial real estate projects in the region.[1]

The Chao family is a prominent shipping dynasty in Hong Kong, founded by Chao Tsong-yea in the mid-20th century. Chao is the last surviving of the four sons of Wuxi-born shipping tycoon Chao Tsong-yea and his wife Chao Nyi Ya-tsung. His elder brother Frank Chao Sze-bang died in 2001, and his younger brother George Chao Sze-kwong died in 2016.[2][3]

He claims to have dated over 10,000 women. He has three children by three of them: Wai Yiu (mother of Gigi Chao), Ying Ying (mother of Howard), and Terri Holladay (mother of Roman).[4][5]

In 2012, Chao gained international attention when he offered $65 million to any man who could convince his lesbian daughter, Gigi Chao, to marry him.[6][7] Despite criticism, Chao remained unrepentant.[8][9] In 2014, Chao increased the reward to $180 million.[10][11][12] Gigi responded publicly in an open letter printed in the South China Morning Post.[13][14] He has since rescinded the offer publicly.

References

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  1. ^ "Cheuk Nang Holdings Ltd (131:Hong Kong)". Business Week. Archived from the original on 30 September 2012. Retrieved 25 January 2014.
  2. ^ Poon, Patrick (20 February 2001). "Funeral Mass for shipping tycoon". South China Morning Post. Retrieved 15 August 2019.
  3. ^ Yu, Esther (22 July 2016). "Shipping tycoon George Chao dies". The Standard. Retrieved 15 August 2019.
  4. ^ Hong Kong's Sex Rumours Exposed, HK Magazine, 13 February 2014
  5. ^ "趙世曾一生未婚 三個仔女三個媽". hk.entertainment.appledaily.com. Archived from the original on 9 December 2018. Retrieved 24 April 2022.
  6. ^ "Hong Kong Billionaire Offers $65 Million To Any Man Who Can Woo His Gay Daughter". Business Insider. Retrieved 25 January 2014.
  7. ^ "Hong Kong tycoon recruits husband for lesbian daughter". BBC News. 26 September 2012. Retrieved 24 April 2022.
  8. ^ "Gigi Chao – reluctant celebrity". South China Morning Post. Retrieved 25 January 2014.
  9. ^ "'I'm not forcing Gigi,' stunned Cecil Chao says of marriage bounty". South China Morning Post. Retrieved 25 January 2014.
  10. ^ "Hong Kong billionaire Cecil Chao 'doubles marriage bounty to £80m' for man who marries his lesbian daughter". The Independent. Retrieved 25 January 2014.
  11. ^ "Who Is Gigi Chao? Billionaire Cecil Chao's Daughter Annoyed With Dad's 'Marriage Bounty'". International Business Times. Retrieved 25 January 2014.
  12. ^ "Hong Kong tycoon's daughter defends sexuality in letter". BBC. Retrieved 30 January 2014.
  13. ^ Lesbian Gigi Chao Responds to Father Who is Offering $130 Million for Male Suitor: VIDEO.
  14. ^ "卓能(集團)有限公司:主席趙世曾" (PDF). main.ednews.hk. Archived from the original (PDF) on 8 October 2007. Retrieved 24 April 2022.