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{{Short description|Hong Kong businesswoman, billionaire}}{{family name hatnote|[[Tan (surname)|Chu]]|lang=Chinese}}
{{Multiple issues|{{COI|date=June 2017}}
{{advert|date=June 2017}}}}{{peacock|date=February 2012}}{{Chinese name |[[Tan (surname)|Chu]]}}
{{Infobox officeholder
{{Infobox officeholder
| name = Pollyanna Chu (Chu Yuet wah)
| name = Pollyanna Chu (Chu Yuet wah)
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| salary =
| salary =
| spouse = Nicholas Chu
| spouse = Nicholas Chu
| children = Kingston Chu (b.1985)
| children = 1
| parents = Lee Wai-Man <br> Ma Siu-fong
| ancestry =
| networth = {{increase}} US$10.2 billion (30 January 2018)
}}
}}


'''Pollyanna Chu''' (''Chu Yuet Wah''; {{zh|t=朱李月華}}) is a [[billionaire]] businesswoman from [[Hong Kong]]. She is an executive of Kingston Financial Group, Golden Resorts Group, and Sincere Watch. As of 30 January 2018, Chu's estimated worth was US$10.2 billion, making her the 14th richest person in Hong Kong.<ref name="Pollyana Chu's Profile on Forbes">{{Cite web|url=https://www.forbes.com/profile/pollyanna-chu/|title=Pollyanna Chu's Profile on Forbes. Retrieved 30 January 2018|}}</ref>
'''Pollyanna Chu''' (''Chu Yuet Wah''; {{zh|t=朱李月華}}) is a Hong Kong businesswoman. She is an executive of Kingston Financial Group, Golden Resorts Group, and Sincere Watch. As of 30 January 2018, Chu's estimated net worth was US $10.2 billion, making her the 14th richest person in Hong Kong.


==Early life==
==Early life==
In 1958 Chu was born as Yuet Wah Lee in [[British Hong Kong]]. Her father was Wai Man Lee. She grew up in [[Aberdeen, Hong Kong]].
Chu was born in 1958 as Yuet Wah Lee in [[British Hong Kong]]. Her father was Wai Man Lee. She grew up in [[Aberdeen, Hong Kong]].<ref>{{cite web|url=http://www.wealthx.com/articles/2015/yuet-wah-chu/| title=Wealthx.com Yuet Wah Chu |accessdate= Nov 12, 2016}}</ref>
<ref>{{cite web|url=http://www.wealthx.com/articles/2015/yuet-wah-chu/| title=Wealthx.com Yuet Wah Chu |accessdate= Nov 12, 2016}}</ref>


==Education==
==Education==
Pollyanna Chu moved to the [[United States]] at the age of 18. She holds a bachelor's degree in Management from [[Golden Gate University]] and awarded an Honorary Ph.D. in Business Management by York University, United States.<ref name=":0">{{Cite web|url=http://kfg.kingston.com.hk/page-BusinessManagement.html?l=en|title= Kingston Financial Group Limited official website - Board of Directors}}</ref>
Pollyanna Chu moved to the United States at the age of 18. She holds a Bachelor of Arts degree in Management from [[Golden Gate University]] and was awarded an Honorary Ph.D. in Business Management by York University in Toronto, Canada.<ref name=":0">{{Cite web|url=http://kfg.kingston.com.hk/page-BusinessManagement.html?l=en|title= Kingston Financial Group Limited official website - Board of Directors}}</ref>


==Personal life==
==Personal life==
She married her husband, Nicholas<ref name=zhuhong/> who she met while studying in [[San Francisco]].<ref name=Forbes3>{{cite news|last=Flannery|first=Russell|title=The Billionaire Chus And Kingston Financial Look To Make A Mark Beyond Hong Kong|url=https://www.forbes.com/sites/russellflannery/2012/05/04/the-billionaire-chus-and-kingston-financial-look-to-make-a-mark-beyond-hong-kong/|publisher=Forbes|accessdate=3 March 2013}}</ref> She has one child named Kingston, who was born in San Francisco, but raised in Hong Kong.<ref name="Forbes1">{{cite news|url=https://www.forbes.com/lists/2012/82/hongkong-billionaires-12_Pollyanna-Chu_QKE3.html|title=#32 Pollyanna Chu|date=5 January 2012|publisher=Forbes|accessdate=3 March 2013}}</ref><ref>{{Cite web|url=http://thepeakmagazine.com.sg/2014/03/sincerely-yours/|title=The Peak Interview: Kingston Chu|last=Kan|first=Francis|date=1 March 2014|website=The Peak|publisher=The Peak|access-date=12 August 2016}}</ref> In Nov 2015, her son Kingston celebrated his wedding with Kelly Lo in Hong Kong.<ref>http://hk.asiatatler.com/events/inside-kingston-chu-and-kelly-lo-s-wedding/1</ref>
Chu married Nicholas Chu,<ref name=zhuhong/> whom she met while studying in San Francisco.<ref name=Forbes3>{{cite news|last=Flannery|first=Russell|title=The Billionaire Chus And Kingston Financial Look To Make A Mark Beyond Hong Kong|url=https://www.forbes.com/sites/russellflannery/2012/05/04/the-billionaire-chus-and-kingston-financial-look-to-make-a-mark-beyond-hong-kong/|work=Forbes|accessdate=3 March 2013}}</ref> She has one child, Kingston, who was born in San Francisco, but raised in Hong Kong.<ref name="Forbes1">{{cite news|url=https://www.forbes.com/lists/2012/82/hongkong-billionaires-12_Pollyanna-Chu_QKE3.html|archive-url=https://web.archive.org/web/20120112044216/http://www.forbes.com/lists/2012/82/hongkong-billionaires-12_Pollyanna-Chu_QKE3.html|url-status=dead|archive-date=January 12, 2012|title=#32 Pollyanna Chu|date=5 January 2012|work=Forbes|accessdate=3 March 2013}}</ref><ref>{{Cite web|url=http://thepeakmagazine.com.sg/2014/03/sincerely-yours/|title=The Peak Interview: Kingston Chu|last=Kan|first=Francis|date=1 March 2014|website=The Peak|publisher=The Peak|access-date=12 August 2016}}</ref> In November 2015, her son Kingston married Kelly Lo in Hong Kong.<ref>{{Cite web|last=Barlow|first=Christian|title=Inside Kingston Chu and Kelly Lo's Wedding|url=https://www.tatlerasia.com/the-scene/people-parties/inside-kingston-chu-and-kelly-lo-s-wedding|access-date=2021-12-02|website=Tatler Asia|language=en}}</ref>

In December 2021, Chu was eligible to vote four times in the [[2021 Hong Kong legislative election]], yielding 0.0337997% of the total voting value (elected seats), which is 6801 times more than the average voter's total voting value.<ref>{{Cite web|last=FactWire|date=2021-12-15|title=Factwire: 41 privileged voters have 7,200 times greater power than a regular Hong Kong voter following election revamp|url=https://hongkongfp.com/2021/12/16/factwire-41-privileged-voters-have-7200-times-greater-power-than-a-regular-hong-kong-voter-following-election-revamp/|access-date=2021-12-16|website=Hong Kong Free Press HKFP|language=en-GB}}</ref>


==Career==
==Career==
Pollyanna and her husband Nicholas Chu became involved in property investment at her father's recommendation and moved to Hong Kong in 1992 to pursue this interest.<ref name=":0" /><ref name="zhuhong" />


===Kingston Financial Group===
Pollyanna and her husband Nicholas Chu became [[real estate investor]]s on her father's recommendation and moved to Hong Kong in 1992 to pursue the business.<ref name=":0" /><ref name="zhuhong" />
Following success in California real estate, the couple founded Kingston Financial Group Ltd in 1992. The company was named after their son.<ref name=":0" /> Chu was managing director.<ref name="zhuhong" /> Kingston Financial was co-managed by Nicholas Chu.<ref name="Forbes1" /> The company initially focused on IPO distribution and mergers and acquisitions.


In 2016, Chu became the CEO and executive director of Kingston Financial Group.<ref name="Kingston.com.hk Board of Directors">{{cite web|url=http://kfg.kingston.com.hk/page-BusinessManagement.html| title=Kingston.com.hk Board of Directors |accessdate= Nov 12, 2016}}</ref> At that time, she also became the biggest shareholder.<ref name=":0" />
===Kingston Financial Group Limited===
<BR>Following success in California real estate, they founded Kingston Financial in 1992. The company was named after their son.<ref name=":0" /> Chu served as Managing Director,<ref name="zhuhong" /> but co-ran Kingston Financial with her husband.<ref name="Forbes1" /> The company initially focused on IPO distribution and mergers and acquisitions, finding particular success in 2010 as a top five firm in the latter pursuit.

As of 2016, Chu is the CEO and Executive Director of Kingston Financial Group Limited.<ref name="Kingston.com.hk Board of Directors">{{cite web|url=http://kfg.kingston.com.hk/page-BusinessManagement.html| title=Kingston.com.hk Board of Directors |accessdate= Nov 12, 2016}}</ref> As of 2016, she is the biggest shareholder and CEO of Kingston Financial.<ref name=":0" /> According to Bloomberg's League Tables, in 2016, Kingston Financial is ranked the 1st as the leading Placing Agent and Underwriter in Hong Kong with 47 issues. The Group is also ranked the 3rd M&A Financial Adviser in Hong Kong with 22 deals.


===Securities and Futures Commission===
===Securities and Futures Commission===
<BR>In 1997 she was "fined...for working as an unregistered dealer." Chu was accused of [[market manipulation]] in 2003 by the [[Securities and Futures Commission]].{{cn|date=May 2020}}
In 1997, she was "fined...for working as an unregistered dealer." Chu was accused of [[market manipulation]] in 2003 by the [[Securities and Futures Commission]].{{cn|date=May 2020}}


===Golden Resorts Group===
===Golden Resorts Group===
<BR>Chu is the CEO of the Golden Resorts Group Limited.<ref name="zhuhong" /><ref>{{cite web|url=http://www.goldenresortsgroup.com/en/about_directors.htm | title=Goldenresortsgroup.com Dr. CHU Yuet Wah|accessdate= Nov 12, 2016}}</ref> It is engaged in the hotel and gaming business, notably Casa Real Hotel and Grandview Hotel in [[Macau]].
Chu is the CEO of Golden Resorts Group Limited, <ref name="zhuhong" /><ref>{{cite web|url=http://www.goldenresortsgroup.com/en/about_directors.htm | title=Goldenresortsgroup.com Dr. CHU Yuet Wah|accessdate= Nov 12, 2016}}</ref> an entity engaged in the hotel and gambling business, most notably Casa Real Hotel and Grandview Hotel in [[Macau]].
===Sincere Watch Limited===
<BR>In 2012, she bought a 100% stake in [[Sincere Watch Limited]], which is currently run by her son, Kingston Chu.<ref name=":0" /><ref name="Forbes2">{{cite news|url=https://www.forbes.com/profile/pollyanna-chu/|title=Chu Pollyanna|work=Hong Kong's 50 Richest|publisher=[[Forbes]]|accessdate=3 March 2013}}</ref>


===Sincere Watch===
In May 2012, Chu became the executive director of Sincere Watch (Hong Kong) Limited and Director of Sincere Watch Limited. In July 2012, she became the Chairman of Sincere Watch (Hong Kong) Limited.<ref name="Sincere.com Pollyanna Chu">{{cite web|url=http://www.sincere.com.sg/directors | title=Sincere.com Pollyanna Chu|accessdate= 12 Nov 2016}}</ref>
In 2012, Chu bought a 100% stake in [[Sincere Watch Limited]], which is run by her son, Kingston Chu.<ref name=":0" /><ref name="Forbes2">{{cite news|url=https://www.forbes.com/profile/pollyanna-chu/|title=Chu Pollyanna|work=Hong Kong's 50 Richest|publisher=[[Forbes]]|accessdate=3 March 2013}}</ref>


In May 2012, Chu became the executive director of Sincere Watch (Hong Kong) Limited and director of Sincere Watch Limited. In July 2012, she became the chairman of Sincere Watch (Hong Kong) Limited.<ref name="Sincere.com Pollyanna Chu">{{cite web|url=http://www.sincere.com.sg/directors | title=Sincere.com Pollyanna Chu|accessdate= 12 Nov 2016}}</ref>
In July, 2012, she was named chairwoman of [[Franck Muller]]'s Asia-Pacific operations.<ref name="Chen">{{cite web|last=Chen|first=Vivian|title=Time is right for Pollyanna Chu to take the helm at Franck Muller's Asia-Pacific operation|url=http://www.scmp.com/article/1007680/time-right-pollyanna-chu-take-helm-franck-mullers-asia-pacific-operation|work=Entertainment|publisher=[[South China Morning Post]]|accessdate=3 March 2013}}</ref>


In July 2012, she was named chairwoman of [[Franck Muller]]'s Asia-Pacific operations.<ref name="Chen">{{cite web|last=Chen|first=Vivian|title=Time is right for Pollyanna Chu to take the helm at Franck Muller's Asia-Pacific operation|url=http://www.scmp.com/article/1007680/time-right-pollyanna-chu-take-helm-franck-mullers-asia-pacific-operation|work=Entertainment|date=25 July 2012|publisher=[[South China Morning Post]]|accessdate=3 March 2013}}</ref>
==Organisation==

==Organization==
*Chief Executive Officer of Kingston Financial Group (1031.HK) <ref name="Kingston.com.hk Board of Directors"/>
*Chief Executive Officer of Kingston Financial Group (1031.HK) <ref name="Kingston.com.hk Board of Directors"/>
*Chairman of Sincere Watch (Hong Kong) Limited (444.HK) <ref name="Sincere.com Pollyanna Chu"/>
*Chairman of Sincere Watch (Hong Kong) Limited (444.HK) <ref name="Sincere.com Pollyanna Chu"/>


===Awards===
===Awards===
Chu was given an "Outstanding Chinese Prize" in 2008.<ref name=zhuhong>{{cite web|last=zhuhong|title=The Secret of a Hong Kong Businesswoman's Success|url=http://www.womenofchina.cn/html/womenofchina/report/90670-1.htm|work=Business Women in China|publisher=All-China Women's Federation|accessdate=3 March 2013}}</ref> In 2012, [[Forbes Asia]] listed her as one of their "Women In The Mix," their #35 Power Woman of 2017, their #549 'Billionaire' of 2016, and their #16 out of 'Hong Kong's 50 Richest' in 2016.<ref name=Scott1>{{cite news|last=Scott|first=Mary E.|title=Asia's Women In The Mix, 2013: The Year's Top 50 for Achievement In Business|url=https://www.forbes.com/sites/forbesasia/2013/02/27/asias-women-in-the-mix-2013-the-years-top-50-for-achievement-in-business/|work=Forbes Asia|accessdate=3 March 2013}}</ref>

Chu was given the "Outstanding Chinese Prize" in 2008.<ref name=zhuhong>{{cite web|last=zhuhong|title=The Secret of a Hong Kong Businesswoman's Success|url=http://www.womenofchina.cn/html/womenofchina/report/90670-1.htm|work=Business Women in China|publisher=All-China Women's Federation|accessdate=3 March 2013}}</ref> In 2012, [[Forbes Asia]] listed her as one of their "Women In The Mix", their #35 Power Woman of 2017, their #549 'Billionaire' of 2016, and their #16 out of 'Hong Kong's 50 Richest' in 2016.<ref name=Scott1>{{cite news|last=Scott|first=Mary E.|title=Asia's Women In The Mix, 2013: The Year's Top 50 for Achievement In Business|url=https://www.forbes.com/sites/forbesasia/2013/02/27/asias-women-in-the-mix-2013-the-years-top-50-for-achievement-in-business/|work=Forbes Asia|publisher=[[Forbes]]|accessdate=3 March 2013}}</ref>


==References==
==References==
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[[Category:Living people]]
[[Category:Living people]]
[[Category:Hong Kong billionaires]]
[[Category:Hong Kong billionaires]]
[[Category:Hong Kong women in business]]
[[Category:1958 births]]
[[Category:1958 births]]
[[Category:Golden Gate University alumni]]
[[Category:Golden Gate University alumni]]
[[Category:Female billionaires]]
[[Category:Female billionaires]]
[[Category:20th-century Hong Kong businesspeople]]
[[Category:21st-century Hong Kong businesspeople]]
[[Category:20th-century Hong Kong businesswomen]]
[[Category:21st-century Hong Kong businesswomen]]

Latest revision as of 21:03, 30 December 2024

Pollyanna Chu (Chu Yuet wah)
朱李月華
CEO of the Kingston Financial Group
Assumed office
6 April 2005
Chairman of the Sincere Watch (Hong Kong) Limited
Assumed office
13 July 2012
Preceded byTay Liam Wee
Chairman of Po Leung Kuk
In office
1 April 2015 – 1 April 2016
Preceded byAngela Leong
Succeeded byEleanor Kwok Law
Personal details
Born
Yuet Wah Lee

(1958-08-03) 3 August 1958 (age 66)
British Hong Kong
SpouseNicholas Chu
Children1
ResidenceHong Kong
Alma materGolden Gate University
OccupationCEO of Kingston Financial Group
CEO of Golden Resorts Group
Chairman of Sincere Watch

Pollyanna Chu (Chu Yuet Wah; Chinese: 朱李月華) is a Hong Kong businesswoman. She is an executive of Kingston Financial Group, Golden Resorts Group, and Sincere Watch. As of 30 January 2018, Chu's estimated net worth was US $10.2 billion, making her the 14th richest person in Hong Kong.

Early life

[edit]

Chu was born in 1958 as Yuet Wah Lee in British Hong Kong. Her father was Wai Man Lee. She grew up in Aberdeen, Hong Kong.[1]

Education

[edit]

Pollyanna Chu moved to the United States at the age of 18. She holds a Bachelor of Arts degree in Management from Golden Gate University and was awarded an Honorary Ph.D. in Business Management by York University in Toronto, Canada.[2]

Personal life

[edit]

Chu married Nicholas Chu,[3] whom she met while studying in San Francisco.[4] She has one child, Kingston, who was born in San Francisco, but raised in Hong Kong.[5][6] In November 2015, her son Kingston married Kelly Lo in Hong Kong.[7]

In December 2021, Chu was eligible to vote four times in the 2021 Hong Kong legislative election, yielding 0.0337997% of the total voting value (elected seats), which is 6801 times more than the average voter's total voting value.[8]

Career

[edit]

Pollyanna and her husband Nicholas Chu became involved in property investment at her father's recommendation and moved to Hong Kong in 1992 to pursue this interest.[2][3]

Kingston Financial Group

[edit]

Following success in California real estate, the couple founded Kingston Financial Group Ltd in 1992. The company was named after their son.[2] Chu was managing director.[3] Kingston Financial was co-managed by Nicholas Chu.[5] The company initially focused on IPO distribution and mergers and acquisitions.

In 2016, Chu became the CEO and executive director of Kingston Financial Group.[9] At that time, she also became the biggest shareholder.[2]

Securities and Futures Commission

[edit]

In 1997, she was "fined...for working as an unregistered dealer." Chu was accused of market manipulation in 2003 by the Securities and Futures Commission.[citation needed]

Golden Resorts Group

[edit]

Chu is the CEO of Golden Resorts Group Limited, [3][10] an entity engaged in the hotel and gambling business, most notably Casa Real Hotel and Grandview Hotel in Macau.

Sincere Watch

[edit]

In 2012, Chu bought a 100% stake in Sincere Watch Limited, which is run by her son, Kingston Chu.[2][11]

In May 2012, Chu became the executive director of Sincere Watch (Hong Kong) Limited and director of Sincere Watch Limited. In July 2012, she became the chairman of Sincere Watch (Hong Kong) Limited.[12]

In July 2012, she was named chairwoman of Franck Muller's Asia-Pacific operations.[13]

Organization

[edit]
  • Chief Executive Officer of Kingston Financial Group (1031.HK) [9]
  • Chairman of Sincere Watch (Hong Kong) Limited (444.HK) [12]

Awards

[edit]

Chu was given an "Outstanding Chinese Prize" in 2008.[3] In 2012, Forbes Asia listed her as one of their "Women In The Mix," their #35 Power Woman of 2017, their #549 'Billionaire' of 2016, and their #16 out of 'Hong Kong's 50 Richest' in 2016.[14]

References

[edit]
  1. ^ "Wealthx.com Yuet Wah Chu". Retrieved Nov 12, 2016.
  2. ^ a b c d e "Kingston Financial Group Limited official website - Board of Directors".
  3. ^ a b c d e zhuhong. "The Secret of a Hong Kong Businesswoman's Success". Business Women in China. All-China Women's Federation. Retrieved 3 March 2013.
  4. ^ Flannery, Russell. "The Billionaire Chus And Kingston Financial Look To Make A Mark Beyond Hong Kong". Forbes. Retrieved 3 March 2013.
  5. ^ a b "#32 Pollyanna Chu". Forbes. 5 January 2012. Archived from the original on January 12, 2012. Retrieved 3 March 2013.
  6. ^ Kan, Francis (1 March 2014). "The Peak Interview: Kingston Chu". The Peak. The Peak. Retrieved 12 August 2016.
  7. ^ Barlow, Christian. "Inside Kingston Chu and Kelly Lo's Wedding". Tatler Asia. Retrieved 2021-12-02.
  8. ^ FactWire (2021-12-15). "Factwire: 41 privileged voters have 7,200 times greater power than a regular Hong Kong voter following election revamp". Hong Kong Free Press HKFP. Retrieved 2021-12-16.
  9. ^ a b "Kingston.com.hk Board of Directors". Retrieved Nov 12, 2016.
  10. ^ "Goldenresortsgroup.com Dr. CHU Yuet Wah". Retrieved Nov 12, 2016.
  11. ^ "Chu Pollyanna". Hong Kong's 50 Richest. Forbes. Retrieved 3 March 2013.
  12. ^ a b "Sincere.com Pollyanna Chu". Retrieved 12 Nov 2016.
  13. ^ Chen, Vivian (25 July 2012). "Time is right for Pollyanna Chu to take the helm at Franck Muller's Asia-Pacific operation". Entertainment. South China Morning Post. Retrieved 3 March 2013.
  14. ^ Scott, Mary E. "Asia's Women In The Mix, 2013: The Year's Top 50 for Achievement In Business". Forbes Asia. Retrieved 3 March 2013.