| Net Worth | $1.5 Billion |
| Birthplace | Macau |
| Profession | Businessman |
| Nationality | Hong Kong |
What is Lee Man Tat Net Worth?
Lee Man Tat is a billionaire heir from Hong Kong, China, with a net worth of $1.5 billion. He is the third-generation leader of the family business, Lee Kum Kee, one of the largest producers of oyster sauce in the world and more than 200 other Chinese sauces and condiments. Founded in 1888 by Lee Kum Sheng, oyster sauce inventor, the company broadened its operations into health beverage distribution. Lee Man Tat joined Lee Kum Kee in 1954 to assist his father, Lee Shiu Nan, in managing the business. He, in 1972, became the chairman and let the company be determined with the spirit of innovation, making the company a famous and outstanding brand all over the world.
Under Lee Man Tat’s leadership, Lee Kum Kee’s products are now sold in more than 100 countries and regions. Despite the premature exit from the formal education system, Lee remained committed to learning and shared his success with the community through his donations to education and medical services, most notably in the People’s Republic of China.
His contribution internationally has been recognized with some of the most prestigious titles and recognitions from various renowned universities and governments like Tsinghua University, Beijing as Strategic Development Advisor in 2007, Hong An Municipal Government of Hubei Province as Senior Economic Advisor in the year 2006, and China Condiment Industrial Association giving him the China Top Ten Men Award in 2005. Some of the earlier awards he received included the 2004 Hong Kong Business Mastermind by the Hong Kong General Chamber of Commerce and the 2005 China Condiment Industrial Association China Top Ten Men Award. Lee Man Tat further engages in various advisory roles, such as being the honorary chairman of the Chinese People’s Political Consultative Committee of Xinhui, adviser of the Overseas Chinese Committee of Hong Kong-Macau-Taiwan, Chinese People’s Political Consultative Committee of Zhuhai City, and president of the Federation of Hong Kong Guangdong Community Organizations.
FAQ about Lee Man Tat Net Worth
1. What is Lee Man Tat net worth?
- Lee Man Tat net worth is $1.5 billion.
2. Where was Lee Man Tat born?
- Lee Man Tat was born in Macau.
3. What is Lee Man Tat’s profession?
- Lee Man Tat is a businessman.
4. What is Lee Man Tat’s nationality?
- Lee Man Tat is from Hong Kong, China.
5. What is Lee Kum Kee, and what is its significance?
- Lee Kum Kee is the family business of Lee Man Tat, known for being one of the world’s largest producers of oyster sauce and over 200 other Chinese sauces and condiments. It was founded in 1888 by Lee Kum Sheng, the inventor of oyster sauce.
6. When did Lee Man Tat join Lee Kum Kee, and what role did he play in the company’s development?
- Lee Man Tat joined Lee Kum Kee in 1954 to assist his father, Lee Shiu Nan, in managing the business. He took over as chairman in 1972 and transformed the company into a globally recognized brand.
7. How has Lee Man Tat contributed to the community?
- Lee Man Tat has contributed to the community through donations to education and medical services, particularly in the People’s Republic of China.
Quick Summary
- Lee Man Tat, a representative of the third generation of the well-known company called Lee Kum Kee, known for oyster sauce and Chinese condiments, is one of the most popular business magnates of a billionaire from Hong Kong, China, with an estimated net worth amounting to $1.5 billion. Joining the family business in 1954, Lee became the chairman of the family business in 1972. He further expanded the business of the family in different countries worldwide. He supports education and medical services with his donation for the cause in China. Lee had been awarded many prizes for his contribution to business and society. He is involved in various advisory roles in community organizations.
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