---- Cheng Yu-tung, Vorsitzender der Neue World Development Co., Ltd. und Vorsitzender des Chow Tai Fook Schmuck Co., Ltd., spricht während einer Feier für t
--FILE--Cheng Yu-tung, Chairman of New World Development Co. Ltd. and Chairman of Chow Tai Fook Jewellery Co., Ltd., speaks during a celebration for the listing of Evergrande Real Estate Group in Hong Kong, China, 5 November 2009. The billionaire founder of Hong Kong property group New World Development Co Ltd, Cheng Yu-tung, died late on Thursday (29 September 2016) aged 91, the company said on Friday. Cheng amassed an over $16 billion fortune building an empire that spans jewellery, real estate, hotels, infrastructure and telecommunications, through deals including with U.S. businessman and presidential candidate Donald Trump. He is also known for making Chow Tai Fook Jewellery Group Ltd, which he joined as a trainee in 1947, a household name across Asia. Cheng, who was born in China's southern province of Guangdong, died peacefully with his family at his side, New World said in a statement, without elaborating on the cause of death. He is survived by wife Chow Tsui Ying and four children.
