Early life and Education of Law Kar Po:
Law Kar Po was born in the year 1948. He is a 69 year old entrepreneur dealing in real estate. He is the chairman of Park Hotel Group. The company manages 12 hotel operations across 5 countries in Asia-pacific region. The Law family was listed at rank 27 in the Asia’s Richest Families list of 2016 with a net worth of $6.5 billion.
Father and Brother:
Law Kar Po’s father Law Ting Pong had set up a small textile business which Law helped expand before shifting his interest into real estate and hospitality business. They worked from a small apartment and had access to only a few machines. Gradually the small business turned into an empire and his father became the biggest garment manufacturer in Hong Kong.
Today the brand label is famous across the globe by the name ‘Bossini’.
Law Kar Po has an elder brother whose name is Kenneth Lo.
He was born in October 1938. He is a 78 year old business and is the chairman of the Crystal Group which was established in the year 1970. The group has over 48,000 employees working for it across 20 locations. The group manufactures apparels for brands like Abercrombie & Fitch, Victoria’s Secret and J.C. Penney.
The group organizes various campaigns for women empowerment and is recognized for its sustainability. His net worth in 2015 was $1.4 billion. He was listed among the Hong Kong’s 50 richest people at rank 47.
He lives in Hong Kong and is married with four children. His son, Andrew Lo is the CEO of Crystal Group. His daughter Wendy Lo also assists him in the family business.
Wife and Children:
Law Kar Po resides in Hong Kong with his wife who is a homemaker and they have three children; two daughters and a son. His youngest daughter is a homemaker and his eldest daughter runs the Knightsbridge retail business. His son is the Chief Executive Officer of the Park Hotels Group.
Allen Law born in 1980 is the son of Law Kar Po. He went to school at Uppingham School which is a British boarding school. After his graduation in 2003, he started to assist his father in the Park Hotel Group. Later, he returned to the United Kingdom for his further at King’s College and studied mathematics and management.
He is presently the Chief Executive Officer of Park Hotel Group. He is married to Shin Hui in 2010 who is the granddaughter of a Singapore billionaire banker; Wee Cho Yaw. They have two children named Ian born in 2011 and Bryan born in 2013.
Law Kar Po’s Career:
Law Kar Po is the chairman of the Park Hotel Group, which manages various hotels under the brand names Grand Park and Park Hotel. After helping his father in his textile business, he started investing in hotels. His business is spread over different fields such as manufacturing and retailing, hotel and real estate. Until August 1, 2012, he was also the Chairman of China Infrastructure Investment Limited and served as its Vice Chairman. He also serves as the Managing Director of Lobo Investment Limited and as a Director of Central Bingo Group Limited, Pan-China, Honesty Treasure Limited, Real Estate Development, etc.
Net Worth of Law Kar Po:
Law Kar Po’s net worth is $5.3 million, according to Forbes. He was listed in the list of Hong Kong’s Top 50 Richest people at rank 13 in 2017. He was also among Top 300 Billionaires in the world in 2016.