Some people have it in them to simply dazzle in whatever they pursue. One such persona in world business forum is Cheng Yu Tung. Hailing from modest roots, Tung redefined the thinking process of entrepreneurs, setting a fine example for generations to come.Cheng Yu Tung is the Richest Man in Hongkong with an empire of more than $13.8 billion according to the Forbes ranking of 2014. He is actively involved in sectors like real estate, infrastructure and telecommunications.
He started the career with the Chow Tai Fook Jewellery Company Limited. The group has currently more than 2000 retail stores.Tung’s company grew to become a conglomerate known as Chai Tai Took Enterprises. The major achievement was the setting up of Sheraton Marina hotel. The company is now publically listed as the New World group, which had been founded in the year 1970.