Ho Ying-chie

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Ho Ying-chie
Born1911
Shanghai
DiedJanuary 21, 2000(2000-01-21) (aged 88–89)
Hong Kong

Ho Ying-chie (Chinese: 何英傑, 1911 – 21 January 2000) was a Hong Kong businessman and philanthropist. He made a fortune as chairman of Hong Kong Tobacco.

Born in 1911 in Pudong, Shanghai, Ho initially set up a printing factory at the age of 20, and invested the profits in a tobacco business.[1] He reportedly abandoned this operation in 1948 and emigrated to Hong Kong.[2]

In 1962, three directors and the chief accountant of Hong Kong Tobacco were charged with tax evasion. Ho Ying-chie was charged with assisting the company to evade profit tax and keeping falsified records. Ho's son, Ho Kwan-king, was also charged.[3] On 15 February 1962, the four pleaded guilty in Victoria District Court.[2] Ho was sentenced to a fine of HK$10,000.[4]

He supported various charitable causes including Project Orbis. In July 1996, Ho donated HK$100 million to aid flood victims in China.[5]

Ho died on 21 January 2000 at the Hong Kong Sanatorium aged 89.[1][5]

Family[]

Ho's grandchildren include Charles Ho (born 1949) and David Ho (born 1953).

References[]

  1. ^ a b Cheung, Chi-fai (27 January 2000). "Tributes flow for modest tycoon". South China Morning Post. p. 3.
  2. ^ a b "PROFIT TAX EVASION CHARGE: Tobacco Company Officials Plead Guilty". South China Morning Post. 16 February 1962. p. 7.
  3. ^ "COMPANY OFFICIALS SUMMONED: Alleged Offences Pertaining To Evasion Of Profit Tax". South China Morning Post. 14 February 1962. p. 9.
  4. ^ "Company Officials Fined Nearly $1,000,000 For Tax Evasion". South China Morning Post. 21 February 1962. p. 10.
  5. ^ a b Lewis, Tommy (22 January 2000). "Tobacco tycoon dies at 89". South China Morning Post. p. 1.
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