Cheung Chung-kiu

Cheung was born in 1964 in Chongqing, China, where he lived until 1980.^[1][2][3] He is the son of Zhang Qingxin, a former manager of a foreign trade enterprise, who has been a board member of some of his son's companies.^[2] In 1980, Cheung obtained residency in Hong Kong with the help of his father.^[3]

Cheung started his career buying electronic goods, umbrellas, watches and cassettes in Hong Kong to resell in mainland China.^[3] As his wealth grew, he moved into property, buying agricultural land in the north of Chongqing, and using that to build Chongqing's first large housing project, California Garden.^[3]

Aged 29, Cheung had one of his companies, Yugang International, listed on Hong Kong's stock exchange.^[3]

Cheung is the founder and chairman of C C Land.^[4]

In March 2017, his Hong Kong-listed company C C Land bought London's 122 Leadenhall Street from British Land and Oxford Properties (50/50 owners) for £1.15 billion.^[5]

In January 2020, Cheung was in the process of buying 2–8a Rutland Gate a 45-room 62,000 sq ft mansion overlooking Hyde Park, London from the estate of Sultan bin Abdulaziz Al Saud for between £205 and £210 million, which would make it easily the most expensive house ever sold in the UK.^[6] It is not yet known if Cheung intends to keep it as a single house or convert it into apartments, which might increase the property's value to as much as £700 million, according to a spokesman for Cheung.^[6]

Cheung is a resident of Hong Kong.^[1]