Hong Kong billionaire
Cecil Chao Sze-Tsung (Chinese: 趙世曾; born September 27, 1936)[citation needed] is a Hong Kong billionaire who is the owner of Cheuk Nang (Holdings) Ltd, a Hong Kong-based property development and investment company, known for its focus on residential and commercial real estate projects in the region.[1]
The Chao family is a prominent shipping dynasty in Hong Kong, founded by Chao Tsong-yea in the mid-20th century. Chao is the last surviving of the four sons of Wuxi-born shipping tycoon Chao Tsong-yea and his wife Chao Nyi Ya-tsung. His elder brother Frank Chao Sze-bang died in 2001, and his younger brother George Chao Sze-kwong died in 2016.[2][3]
He claims to have dated over 10,000 women. He has three children by three of them: Wai Yiu (mother of Gigi Chao), Ying Ying (mother of Howard), and Terri Holladay (mother of Roman).[4][5]
In 2012, Chao gained international attention when he offered $65 million to any man who could convince his lesbian daughter, Gigi Chao, to marry him.[6][7] Despite criticism, Chao remained unrepentant.[8][9] In 2014, Chao increased the reward to $180 million.[10][11][12] Gigi responded publicly in an open letter printed in the South China Morning Post.[13][14] He has since rescinded the offer publicly.
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