Joseph Lau
| Joseph Lau | |
|---|---|
| Born |
劉鑾雄 Lau Luen-hung 21 July 1951 Hong Kong |
| Citizenship | United Kingdom Hong Kong |
| Alma mater | University of Windsor [1] |
| Occupation | businessman |
| Net worth |
 US$15.1 billion(April 2017) |
| Spouse(s) | Bo Wing-kam† (1977－1992，2 children) Chan Hoi-wan (2016－，2 children) |
| Children | 6 |
| Relatives |
Thomas Lau (brother) |
Joseph Lau Luen Hung (Chinese: 劉鑾雄) (born 21 July 1951 in Hong Kong) is a Hong Kong billionaire, convicted felon and fugitive. He owns a 61% stake in Chinese Estates Holdings. His fortune is estimated by Forbes at $15.1 billion as of April 2017.
Joseph Lau was born on 21 July 1951 in Hong Kong. He has a younger brother Thomas and two younger sisters.
Lau owns a 61% stake in Chinese Estates Holdings.
On 31 May 2012, the Macau Court of Final Appeal confirmed that Lau and Steven Lo were involved in the case of offering Macau's former public works chief Ao Man-long HK$20 million over the bid for five plots of land opposite Macau International Airport. Lau and Lo were charged with bribery and money laundering. They both denied the charges and Lo earlier told the court that the HK$20 million was a preliminary payment to construction company San Meng Fai.
On 14 March 2014 Lau and Lo were found guilty of the charges against them in Macau's Court of First Instance. Lau was sentenced to five years and three months in prison, but he appealed. However, the Court of Second Instance rejected his and Lo's appeals on 19 July 2015 and let the length of their prison terms stand. Lau has so far escaped extradition and remains at large as a fugitive as Macau and Hong Kong do not have an extradition treaty.
Lau married Bo Wing-kam (1954–2003) in 1977 and they were divorced in 1992. They had two children: a son, Lau Ming-wai (born 1980) and daughter Jade Lau Sau-yung (born 1983). In 2008， Lau Ming-wai's wife gave birth to mix twins, they are Lau's eldest grandchildren. Lau Ming-wai, a British citizen, is vice-chairman of Chinese Estates Group and is both chairman of the government's Commission on Youth and on the steering committee of the HK$10 billion Community Care Fund, established in 2010. He was formerly a member of the Commission on Poverty. In 2011, he was part of Henry Tang's election team for the 2012 chief executive election.
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