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Michael KadoorieChairman of the Board of Directors of CLP Holdings Ltd.
Date of Birth: 01.01.1941
Country:  Hong Kong |
Content:
- Sir Michael David Kadoorie: A Business Tycoon and Philanthropist
- Business Empire
- The Hongkong and Shanghai Hotels
- Philanthropy and Recognition
- Automotive Enthusiasm
- Legacy
Sir Michael David Kadoorie: A Business Tycoon and Philanthropist
Early Life and Family BackgroundSir Michael David Kadoorie was born into a prominent family of Iranian Jewish descent. His grandfather, Elly Kadoorie, had immigrated from Baghdad to Mumbai in 1880 and subsequently to Shanghai. Elly's son, Lawrence (Michael's father), and his brother, Horace, inherited a modest fortune after World War II and established a financial and real estate business in Hong Kong.
Business Empire
After 1949, the family's business expanded rapidly, transforming into the diversified conglomerate known as CLP Holdings Ltd. Michael Kadoorie inherited the leadership of CLP Holdings, with the family retaining a 35% shareholding. CLP Holdings supplies 75% of Hong Kong's electricity, ensuring the family's continued wealth.
The Hongkong and Shanghai Hotels
In addition to CLP Holdings, Michael Kadoorie serves as Chairman of The Hongkong and Shanghai Hotels, another profitable family enterprise. He also holds directorships or executive positions in numerous other companies outside the Kadoorie family's interests.
Philanthropy and Recognition
Kadoorie has been widely recognized for his business acumen and philanthropic contributions. Notably, he was made an Officer of the French Legion of Honour, and a Knight Bachelor in the Queen's Birthday Honours List in 2005.
Automotive Enthusiasm
Michael Kadoorie is known for his passion for cars and has a notable collection of classic models, including vehicles from 1932, 1934, and beyond. He is also an accomplished driver, often taking the wheel of his Lamborghini or vintage Ferrari.
Legacy
Sir Michael Kadoorie's business acumen and unwavering determination have created an empire that will continue to support generations of his family. His entrepreneurial spirit and philanthropic contributions have left an indelible mark on society.
