Peter Woo

About Peter Woo

Birth Day: September 05, 1946
Birth Place: Hong Kong, Hong Kong, Hong Kong
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)

Peter Woo Net Worth

Peter Woo was bornon September 05, 1946 in Hong Kong, Hong Kong, Hong Kong. Peter Woo started his career with Chase Manhattan Bank in New York in 1972 after earning an MBA from Columbia University. He met his future wife, Bessie, daughter of shipping tycoon Y.K. Pao, in New York, and in 1975 he joined her family business in Hong Kong. Woo relinquished his chairman's role at Wharf in 2015 and became "chief adviser." Beyond property, Wharf and its listed holding company, Wheelock & Co., control important telecom, port and retailing assets, including the luxury department store chain Lane Crawford. His wealth jumped by more than $2 billion in 2016 as shares in Wheelock soared, buoyed by strong earnings, sizable deals and renewed demand from mainland buyers. Son Douglas, heir apparent, chairs Wheelock.
Peter Woo is a member of Real Estate

💰 Net worth: $12.5 Billion (Updated at 22 June 2018)

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

Some Peter Woo images

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.