Lee Man Tat

Source: Wikipedia, the free encyclopedia.

In this Chinese name, the family name is Lee.
Lee Man Tat
李文達
Born1929 (1929)[1]
Macau
Died26 July 2021(2021-07-26) (aged 91–92)
NationalityHong Konger
OccupationBusinessman
TitleChairman, Lee Kum Kee Group
SpouseMarried
Children5

Lee Man Tat BBS (1929 – 26 July 2021, traditional Chinese: 李文達; simplified Chinese: 李文达; pinyin: Lǐ Wéndá) was a Hong Kong billionaire and chairman of the family-owned Chinese sauce and condiment company Lee Kum Kee.[2]

Biography

Lee Man Tat was born in Macau in 1930, the eldest son of Lee Siu-nam and his wife.[3] He was the grandson of Lee Kum-sheung who invented oyster sauce and founded the Lee Kum Kee company in Zhuhai, China, in 1888.[4]

Lee left school when he was 15 and worked for the family business in China until 1949 when the

east coast of the United States.[3] In 1986, following a dispute over plans for the company, he bought his younger brother's 40% stake for HK$80 million.[3][4] In 1992, Lee and his son, Sammy, diversified into health supplements forming LKK Health Products.[3] In 1995 and 1996, Lee opened a manufacturing plant and a production base in China, which became the company’s largest market.[3] According to Bloomberg Billionaires Index, his wealth was estimated at US$17.9bn.[3][5] The family invested in property and in July 2017, LKK Health Products purchased London's landmark Walkie-Talkie building for £1.3 billion.[6][7]

Lee married Choi May Ling in 1954 and had five children, all of whom joined the company, and lived in Hong Kong.[3][2] He was awarded the Silver Bauhinia Star in 2018.[8] He died on 26 July 2021.[7]

References

  1. ^ "Lee Man-tat |". 1 March 2019.
  2. ^ a b "Lee Man Tat". Forbes.com. Retrieved 27 July 2017.
  3. ^ a b c d e f g h i "Lee Man Tat obituary". The Times. 30 July 2021. Archived from the original on 30 July 2021. Retrieved 2 August 2021.
  4. ^ a b c "Lee Kum Kee: The family grows and stays together". Ejinsight.com. 16 November 2016. Retrieved 27 July 2017.
  5. ^ "Bloomberg Billionaires Index: Lee Man Tat". Retrieved 29 May 2021.
  6. ISSN 0261-3077
    . Retrieved 3 August 2017.
  7. ^ a b Feng, Venus (27 July 2021). "Billionaire Lee, Called the 'King of Oyster Sauce,' Dies at 91". Bloomberg Television. Archived from the original on 27 July 2021. Retrieved 27 July 2021.
  8. ^ Burgos, Jonathan (28 July 2021). "Hong Kong Billionaire Lee Man Tat, Known As 'Oyster Sauce King,' Dies At 91". Forbes. Archived from the original on 2 August 2021. Retrieved 2 August 2021.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Lee_Man_Tat&oldid=1186019309"