Thursday, 1 March 2012

Property Patriarch Retires

 

Property Patriarch Retires

HONG KONG—Cheng Yu-tung, the 86-year-old patriarch of property titan New World Development Co. Cheng, who in December added to his family fortunes with the US$2 billion stock-market listing of his jewelry business, has emerged as one of Asia's richest people and is respected for his business acumen.

Property Patriarch Retires



Trade News selected by Local Linkup on 01/03/2012