What is Lee Man Tat's Net Worth?
Lee Man Tat is a Hong Kong, China heir who has a net worth of $1.3 billion. A third-generation leader of the family business Lee Kum Kee, Lee Man Tat runs one of the world's largest makers of oyster sauce and more than 200 other Chinese sauces and condiments. The company, whose tradition dates back to 1888 when the founder, Lee Kum Sheng, invented oyster sauce, expanded its operations to distribution of health beverages as well. In 1954, Lee Man Tat joined Lee Kum Kee to assist his father, Lee Shiu Nan, in managing the business. In 1972, Lee Man Tat took over the role as chairman and built a renowned brand of Ethnic Chinese Enterprise through his determination, marking a new chapter of this reputable enterprise. Known for his endurance and innovative spirit, Lee is a business leader with foresight. He grew the company into a household name across the world.
Today, Lee Kum Kee's wide range of products is marketed to more than 100 countries and regions. Though Lee Man Tat ended his formal education at an early age, he has never given up his quest for knowledge. He holds a strong belief in sharing the fruits of success and contributing to the community, including donations to educational and medical services. He is particularly supportive of educational causes in the People's Republic of China. Lee has garnered a number of significant international awards and recognition, including Strategic Development Advisor by Tsinghua University, Beijing, in 2007; Senior Economic Advisor by Hong An Municipal Government, Hubei Province, in 2006; China Top Ten Men Award by the China Condiment Industrial Association in 2005; and the Hong Kong Business Mastermind Award by the Hong Kong General Chamber of Commerce in 2004. Lee also serves as honorary chairman of the Chinese People's Political Consultative Committee of Xinhui, adviser of the Overseas Chinese Committee of Hong Kong-Macau-Taiwan, Chinese People's Political Consultative Committee of Zhuhai City, and president of the Federation of Hong Kong Guangdong Community Organizations.
