Silas Chou

Silas K. F. Chou (Chinese: 曹其峰; pinyin: Cáo Qífēng; born 1946) is a Hong Kong billionaire, active in the fashion sector.[1]

Silas Chou
Born
Silas K. F. Chou

1945/1946 (age 73–74)[1]
Net worthUS$2.7 billion (September 2018)[1]
Spouse(s)Married
Children2 daughters, including Veronica Chou
Parent(s)Chao Kuang-piu
RelativesSusana Chou (sister)

Early life

Silas K. F. Chou is the son of Chao Kuang-piu.[2] His father founded South Ocean Knitters, one of the Hong Kong's "largest knitwear manufacturers and exporters", in which he still owns a stake.[1]

His sister, Susana Chou, was the President of the Legislative Assembly of Macau from 1999 to 2009.[3]

Career

In 1978, he and his father, founded Xiang Zhou Woollen Mills in the Zhuhai Special Economy District.[2]

In 1989, Chou and Lawrence Stroll founded Sportswear Holdings to acquire Tommy Hilfiger.[4][5] Chou was the largest shareholder and became chairman of the company.[5] In 2006, he sold his shareholding to Apax, a UK private equity firm for US$1.6 billion.[5]

In 2003, Chou and Stroll bought a majority share in Michael Kors for US$100 million.[1][5] In June 2018, Chou sold the last of his investment in Kors.[5]

In 2018, a consortium led by Stroll, which included Chou brought Force India out of administration and formed a new team Racing Point Force India.

Chou has also invested in Karl Lagerfeld and Pepe Jeans.[4]

Personal life

Chou is married, with two daughters, Veronica and Vivian, and lives in Hong Kong.[1] Both daughters are active in his fashion business.[1]

gollark: Anyway, my vague dislike of America isn't particularly strongly held because it's based on a small amount of fairly abstract problems mostly.
gollark: https://images-ext-1.discordapp.net/external/toW_bon6ePKM2dAPENXApq1IerHdSHLSkGAAo5p9fp4/%3Fwidth%3D459%26height%3D612/https/media.discordapp.net/attachments/528330961704714240/850454986394566676/unknown.png?width=316&height=422
gollark: Unrelatedly, I recently harvested this meme:
gollark: There is apparently lobbying by TurboTax which FORCES the government to not be helpful wrt. taxes.
gollark: There seems to be a lot of arguing over having the federal government do or not do things to them based on ~zero actual evidence and lots of emotional appeals.

References
  1. "Forbes profile: Silas Chou". Forbes. Retrieved 26 September 2018.
  2. "Biography of Silas K. F. Chou : The Wharton Global Alumni Forum-Hong Kong". www.whartonhongkong07.com. Retrieved 26 September 2018.
  3. http://news.xinhuanet.com/ziliao/2002-03/07/content_305647.htm
  4. "Silas Chouis One of the 500 People Shaping the Global Fashion Industry". businessoffashion.com. Retrieved 26 September 2018.
  5. "How tycoon Silas Chou made a fortune from two global brands". ejinsight.com. 8 November 2016. Retrieved 26 September 2018.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.