Fok_Ying-tung

Henry Fok

Henry Fok

Hong Kong businessman


Henry Fok Ying Tung GBM (10 May 1923 – 28 October 2006) was an entrepreneur and politician in Hong Kong. From 1993 until his death, Fok served as Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference. He was one of the Hong Kong's wealthiest persons.

Quick Facts The HonourableGBM, Vice-Chairman of the National Committee of the Chinese People's Political Consultative Conference (8th, 9th, 10th) ...

Biography

Fok was born on 10 May 1923 in Hong Kong to an ethnic Tanka family.[1] Fok's father died in a boating accident when he was just seven. He studied at Queen's College, but was not able to finish junior high due to the Japanese invasion in 1937. He worked as a labourer during that time while helping to run the family's small boat business.[citation needed]

Business

After the war, he became a successful businessman. His business interests included restaurants, real estate, casinos and petroleum. Fok reportedly made his first fortune gun-running into the mainland during the Korean War in the early 1950s, circumventing a United Nations arms embargo.[2] Fok vigorously denied weapons trafficking, but admits having violated sanctions by smuggling steel and rubber as well as other items.[2]

He was the President of the Chinese General Chamber of Commerce in Hong Kong, the President of the Hong Kong Football Association, and the President of the Real Estate Developers Association of Hong Kong. He was also the Chairman of Henry Fok Estates Ltd and the Yau Wing Co of Hong Kong.

In the 1980s Fok organized the effort to bail out OOCL from bankruptcy shortly after its founder Tung Chao-yung died.[3]

In 2006, Forbes magazine listed Fok as the seventh wealthiest person in Hong Kong and the 181st in the world, with a fortune of US$3.7 billion.

Political

Before the handover of Hong Kong in 1997, Henry Fok was a member of the Drafting Committee for the Basic Law of Hong Kong Special Administrative Region (SAR), the vice-chairman of the Preliminary Working Committee of Preparatory Committee of the Hong Kong SAR, and the vice-chairman of the Preparatory Committee of Hong Kong SAR. He was also Standing Committee member of 7th National People's Congress.

The press frequently reports that Henry Fok had introduced Tung Chee Hwa to Jiang Zemin as a possible candidate of the first Hong Kong Chief Executive.[4]

Henry Fok helped Tung Chee Hwa out of a near-bankruptcy of his family's Orient Overseas Container Line in the 1980s. Because of this relationship, it was often said while Tung was the Chief Executive of Hong Kong that Fok 'intervened/advised' if times, or rather Beijing, called for it.[citation needed]

Philanthropy

Henry Fok founded the Fok Ying Tung Foundation in 1984, and it is now one of the largest philanthropic organisations in Hong Kong. Fok founded a high-technology business park in Nansha District, Guangzhou.[when?] He is said to have visited the site more than 500 times, and through the Foundation, pledged HK$800 million (US$100 million) to the Hong Kong University of Science and Technology in 2005 to support the initiative.[2][5]

Personal

Fok's wife was Elaine Lui (呂燕妮), and had two concubines Elaine Fung (馮堅妮) and Lam Sook-duen (林淑端) according to the Great Qing Legal Code which remained in force for Chinese people in Hong Kong until 1971. Among Fok's children, the best-known are:

Fok had family roots in Panyu District, Guangzhou, Guangdong.

Death

On 28 October 2006, Fok died at the age of 83 at the Peking Union Medical College in Beijing, where he was being treated for cancer. He had been diagnosed with lymphoma in 1984 and the cancer had reappeared in 2004. His body was flown back to Hong Kong for a traditional funeral in accordance with his wishes. Fok was one of the first Hong Konger to have his casket draped in the Chinese national flag since the handover (the others being T. K. Ann and Wong Ker-lee).[6] He was posthumously awarded the Medal of Reform Pioneer.[7]


References

  1. "白手起家、美女、兄弟鬩牆,所有戲劇元素都到齊:富可敵國的香港霍家傳奇". 5 January 2015.
  2. Cheng, Jonathan (30 October 2006). "A life that reflected change". The Standard. Hong Kong. Archived from the original on 22 May 2011. Retrieved 1 November 2006.
  3. "CHINA BANK LINKED TO OOCL BAILOUT | JOC.com". www.joc.com. Retrieved 2 December 2021.
  4. Philip, Browning (1997). "Tung Chee-hwa".
  5. "$800m to Support Strategic Plan and China Initiatives". Hong Kong University of Science and Technology. 27 July 2005. Archived from the original on 8 October 2006. Retrieved 1 November 2006.
  6. Cheng, Jonathan (1 November 2006). "Flag honor as Henry Fok comes home for final time". The Standard. Hong Kong. Archived from the original on 22 May 2011. Retrieved 1 November 2006.

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