Who is Peter Lam?
Peter Lam is the Chairman of the Lai Sun Development Company and Lai Fung Holdings. He is also chairman of the Hong Kong Tourism Board. He was born on August 7, 1957. He was married to Hsieh Ling-Ling.
Lai Sun Development Company
Lai Sun Development (“LSD”) is a property developer in Hong Kong, public company listed on the Hong Kong Stock Exchange. The company was founded by the father of Peter Lam: Lim Por-ye.
The companies activities include property investment, property development, and investments in and operation of hotels and restaurants.
Lai Sun owns office buildings in Hong Kong and London. Properties include the Lai Sun Commercial Centre, CCB Tower, and shopping mall Cheung Sha Wan Plaza.
The company operates several hotels including the Hong Kong Ocean Park Marriott Hotel, the Fairmont St. Andrews in Scotland, and the STARR Hotel Shanghai.
Lai Sun Dining is a hospitality group, that owns and operates 24 high-end culinary restaurants.
Media Asia Entertainment Group
Lam also owns the Media Asia Entertainment Group, a production company and film distributor active in China and Hong Kong. Media Asia is one of Asia’s largest Chinese language film studios.
Peter Lam Net Worth
His net worth is estimated at $500 million, although some call him a billionaire.
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Peter Lam House
He lives in a residential tower in Hong Kong.
Yacht Sun Prince
He is the owner of the Bombardier Global 5000 private jet, with registration T7-LAM. The aircraft was built in 2008. It has a value of around $8 million.