Kenneth Lo

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Kenneth Lo
BornOctober 1938 (age 83)
NationalityHong Kong Chinese
CitizenshipUnited Kingdom[1]
OccupationBusinessman
TitleChairman, Crystal Group
Spouse(s)Yvonne Lo
Children4, including Andrew Lo
RelativesLaw Kar Po (brother)

Lok Fung Kenneth Lo (Chinese: 羅樂風; born October 1938) is a Hong Kong billionaire businessman, chairman of the clothing manufacturer Crystal Group.

Early life[]

Kenneth Lo was born in mainland China in October 1938, the oldest son of Hong Kong businessman Law Ting Pong, also in the textiles industry.[2][3][4][5] Lo and his family moved to Hong Kong when he was young, initially living in a refugee camp, where they survived off of meal coupons from the United Nations.[5] Lo began working in his parents' garment factory at age 14.[5]

His younger brother is fellow billionaire Law Kar Po.[1]

Career[]

Lo's Crystal Group, which he established in 1970 with his wife, employs over 48,000 people in 20 locations and has an annual turnover of over US$1.6 billion.[1][6] The company began as a small sweater factory, but now manufactures clothes for major brands such as H&M, Levi's, and Marks & Spencer.[3] Lo stepped down from day-to-day operations in 2008, but remains involved with the company.[5]

As of May 2018, Forbes estimated his net worth at US$2.9 billion.[1]

Personal life[]

Lo's wife is Yvonne Lo (Chinese: 羅蔡玉清), co-founder and vice chairman of Crystal Group.[7] They have four children[8] and his son, Andrew Lo, is CEO of Crystal Group.[9]

References[]

  1. ^ a b c d e "Kenneth Lo". Forbes. Retrieved 2 May 2017.
  2. ^ "Lok Fung Kenneth LO". Beta.companieshouse.gov.uk. Retrieved 26 January 2017.
  3. ^ a b "EOY China 2014 Consumer Products Category Winner".
  4. ^ "Wearing a private label". South China Morning Post. Retrieved 14 May 2018.
  5. ^ a b c d "Crystal founder looks to triple staff and revenue". South China Morning Post. Retrieved 14 May 2018.
  6. ^ "Introduction". Crystal Group. Archived from the original on 7 December 2015. Retrieved 22 October 2015.
  7. ^ "Directors and Senior Management: Yvonne Lo". Crystal Group. Retrieved 25 January 2019.
  8. ^ "Forbes". Retrieved 20 February 2017.
  9. ^ "Speaking with style: Andrew Lo, CEO, Crystal Group". just-style. Retrieved 22 October 2015.

External links[]

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