Page 36 - Forbes - Asia (March 2020)
P. 36

Two International Finance Centre (middle), Hong Kong’s second-tallest skyscraper, which is part of the larger IFC complex.












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              →         Hong Kong’s richest man                                            er Martin Lee Ka Shing, 48, answered this ques-
                                                                                              The elder Peter Lee Ka Kit, 56, and the young-

                        Lee Shau Kee, 92, marked                                           tion—and many more—in an exclusive interview
                                                                                           held in January, the first-ever by the two broth-
              a milestone last May when he                                                 ers together (the father remains an executive di-
                                                                                           rector on the Henderson Land board).
              stepped down from running his                                                new roles—including protests and a recession in
                                                                                              The pair were not given an easy start in their

              flagship Henderson Land after                                                Hong Kong, the U.S.-China trade war (Hender-
                                                                                           son has massive mainland China investments)
              43 years, and handed the reins                                               and dealing with the coronavirus outbreak.
                                                                                           “There were a lot of things to do in the first year,”
                                                                                           deadpans Martin.
              to his two sons, Peter and Martin,                                              They work together, they say, with a solid re-

                                                                                           lationship of mutual respect and trust, formed
              making them joint chairmen. So                                               in childhood. “It’s like yin and yang,” says Peter.

                                                                                           During the interview, they often mirror each oth-
              how does the pair plan to lead                                               er’s comments. “We each have our own expertise,
                                                                                           and we respect each other’s views,” says Peter.
              one of Asia’s largest and most                                               “It’s like a partnership. For more than 15 years,         DALE DE LA REY/AFP/GETTY IMAGES
                                                                                           we’ve been working this way. I’m lucky to have
              successful real estate firms?                                                my brother with me.”
                                                                                              When their father first raised the topic of suc-
                                                                                           cession with them, the two were already work-
                                                                                           ing at Henderson. Peter joined first, in 1985. Af-


              F ORBES A SIA                                                                                                       MAR CH 2020
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