Dr Albert Yeung, Chairman of Emperor Group, was born in Hong Kong and traces his roots back to Chiu Chow, Guangdong Province, China. His father, Mr Yeung Shing, opened a watch shop named "Shing On Kee Watch Shop" in 1942, setting the business foundation of the Group.
In 1964, Dr Albert Yeung opened his own watch shop “Observatory Watch & Jewellery” on Nathan Road, Kowloon. After securing the distribution rights of Omega and Rolex respectively in 1965 and 1967, he further expanded his business to jewellery and later on to other ventures. Striving for nearly 50 years, Emperor Group has evolved successfully from a watch shop into a group of listed companies with diverse business interests, including financial services, property investment and development, watches and jewellery, entertainment, hospitality, printing and publishing, furniture and furnishing, food and beverage, etc. 4 companies of the Group are listed on the Main Board of the Hong Kong Stock Exchange. Dr Yeung reflected on his life in his biography ”Zhengqi” (do not let people look down on you) published in 2012, which he hopes can provide some good reference to younger generation.
Dr Albert Yeung is an astute businessman with half a century of experience. A hands-on executive who is always abreast of time, he makes full use of his charisma to develop a sense of belonging among staff. When it comes to business expansion, he believes in the importance of seizing every business opportunity and building on synergies between new business endeavours and existing operations.
Dr Yeung believes that everyone should plough back to the community. In view of this, he is always actively involved in community services. He was the Charter President of “Lions Club of South Kowloon” in 1976. Under his leadership, the members were engaged in numerous activities which greatly benefited the community. Up to now, he continues to support voluntary works.
Embracing the mission "From the community, To the community", Dr Yeung has established 3 foundations in order to coordinate charitable works. “Emperor Foundation” was established in early 1997 to support charitable activities relating to education, medical and health, culture, community, environment protection, helping the poor, the needy and the aged in Hong Kong and China. In early 2004, he set up the “Hong Kong Daily News Foundation” to leverage the media’s influence to attract more donations. In 2008, Dr Yeung set up the eponymous "Albert Yeung Sau Shing Charity Foundation", which is dedicated to supporting non-profit sports, educational and cultural activities.
Dr Yeung once described himself, “Although I was born in Hong Kong, my roots are in the Mainland, my heart always lies with my country and I will stick with her through thick and thin.” On the memorable occasion of the 10th anniversary of Hong Kong’s return to China in 2007, he particularly expressed his excitement and gaiety by sponsoring more than HKD 4 million to the official celebration event “Harbour Extravaganza”, a firework display and gala dinner. He has been making donations to China through various foundations since long before. Some examples of his givings include “China Flood Relief Fund” in 1991, “Hubei Disaster Relief Fund” in 1998, the setting up of "Charity Foundation Baoding Child Care Centre" in 2004, the establishment of “Hubei Hong Kong Emperor Elderly Care Centre” and "Charity Foundation Baoding Elderly Care Centre" in 2006, the provision of hospice service in Hubei in collaboration with the “Social Workers Across Borders” in 2007, which won "The Most Influential Charity Project Nomination Award" in the same year, donations to victims of Wenchuan earthquake in Sichuan province and cash prizes of over RMB 12 million to Chinese gold medalists of Beijing Olympics in 2008, as well as funding to the set-up of “Albert Yeung Sau Shing Charity Foundation (Shunping) Elderly Care Centre” in 2009, which is a joint project with Civil Affairs Bureau of Shunping County, Hebei. More recent donations include funding to set up “Albert Yeung Sau Shing Charity Foundation (Xiongzhou) Elderly Care Centre”, a joint project with Civil Affairs Bureau of Xiongzhou County, Hebei, and support to relief works for Qinghai earthquake and Gansu mudslide victims in 2010. On Chinese New Year Eve 2011, Mr Hu Jintao, former President of China, paid a visit to "Albert Yeung Sau Shing Charity Foundation (Shunping) Elderly Care Centre" and showed his immense approval. Dr Yeung was highly motivated and, later in November of the same year, decided to donate RMB 10 million to enhance the service with "Albert Yeung Sau Shing (Shunping, China) Elderly Service Centre", a new block built adjacent to the first benchmarking centre. A donation of RMB 5 million was further made in April 2013 to acquire accommodation equipment and medical devices for the new centre, followed by a prompt support to “Social Workers Across Borders” for an immediate disaster relief to victims of Ya’an earthquake in Sichuan Province. Dr Yeung moved on to his 7th sponsored elderly care project in 2014, donating another RMB 10 million to build “Albert Yeung Sau Shing (Changli, China) Elderly Service Centre” in Changli County, Hebei Province. His attention was also drawn to the interaction between Hong Kong and the mainland during the year and, with a view to helping immigrants from the mainland to adapt to their new lives in Hong Kong, he donated HKD 10 million to “New Home Association”. Two more major donations of RMB 11 million and HKD 3 million were also made to China Film Foundation and Hong Kong Association Development Foundation respectively.
Apart from China, Dr Yeung is also very active in charity works in his hometown Hong Kong: to name a few, a donation of HKD18.5 million to set up “Tung Wah Group Yeung Sing Memorial Long Stay Care Home” in 1998, “Business Community Relief Fund for Victims of SARS” in 2003, “Together we care, Love for South Asia” Charity Show in 2005, “Walk for Hospice” in 2009 and “A Feast of Tastes” in 2010, etc. Marking the Group’s 70th anniversary, a special donation of over HKD10 million was made in 2012 to a range of different charitable causes, benefiting ORBIS Hong Kong, Social Workers Across Borders, Cheng Si Yuan (China-International) Hepatitis Research Foundation, Caring Hearts Photographic Society, Lang Lang Music World, St. James’ Settlement and other charitable organizations. To further translate his concern over the physical and mental health of the elderly into action, he title sponsored “Jade Party 2015” in 2015.
Dr Yeung is particularly concerned about education. Apart from “Emperor Foundation Scholarship” for 9 tertiary institutions in Hong Kong, he has made donations to numerous education funds in China, including the “Ministry of Justice, PRC Education Fund”, the “China University of Political Science and Law – C.U.P.L. Mr Albert Yeung Education Fund”, the “Peking University Education Foundation” and “Xiamen Education Fund” for students with top academic achievements or underprivileged background. He also invested and donated RMB 30 million to establish “Shanghai Institute of Visual Art, Fudan University – The EmperorSchool of Performing Arts” to cultivate new talents in China.
Dr Yeung's efforts have won him a lot of awards and recognitions. In 2005, he was elected one of the "Top 10 Charity Stars in the PRC" and received the "China Charity Award". In 2007, he received the "China's Outstanding Charity Contribution Award" and was elected the "China's Most Charitable Person". Besides, he won the "Special Charity Award" and was included in the "China's Charity Chart 2007". It was also the year he took the position of Life Honorary President of Social Workers Across Borders by invitation. Every year since 2008, he has been granted the "China Charity Award – The Most Caring Individual Donor Award". And every year since 2009, he has been elected one of the "Top 10 Philanthropists on the China's Charity Chart". Furthermore, Dr Yeung was granted the award "United World Chinese Charity Award" by the United World Chinese Association in 2008. In 2009 China's Charity Chart Office specially launched "The 60 Most Influential Philanthropists in China's Charity Development" to mark the 60th anniversary of the founding of the People's Republic of China and Dr Yeung was among the 5 Hong Kong philanthropists included on the honour list. More recently, he became Standing Director of China Charity Federation and Vice Chairman of the Board of Directors of New Home Association in 2013 and 2014 respectively.
His recognitions are not limited to the area of charity. In 1994, Dr Yeung was awarded Honorary Professor of Law by China University of Political Science and Law, and Honorary Consultant of All China Lawyers Association from All China Lawyers Association. In 1998, he was appointed Honorary Trustee by Peking University. He has been Life Honorary President of Asian Basketball Association since 2006 and in 2007, he was appointed Director and Honorary President of Shanghai Institute of Visual Art, Fudan University – e Emperor School of Performing Arts. He was further appointed Honorary Professor by Guangdong University of Finance in 2008. With his dedication over the years, Dr Yeung’s achievements have been further recognized worldwide. In 2000, he was elected one of the 100 Most Powerful Figures in the USA by an American movie magazine Hollywood Reporter. In 2007, he was conferred the Degree of Doctor of Commerce (Honoris Causiby) by the University of West Alabama in the USA. He won World Outstanding Chinese Award of United World Chinese Association in the same year and became Life Honorary President of the association. Since 2011, Dr Yeung has been included on the Hong Kong's 40 Richest list presented by Forbes. During the 2013 Macau International Film Festival, he won Outstanding Contribution Award for Chinese Language Films. These awards not only reflect the public recognition of his achievements, but also encourage and strengthen his belief in serving the community.
Dr Yeung has two sons and three daughters. His eldest son, Gilbert Yeung, manages dragon-i and TAZMANIA BALLROOM whereas his second son, Alex Yeung, serves the Group as Corporate Executive. His eldest daughter, Cindy Yeung, is in charge of Emperor Watch and Jewellery while his second daughter, Daisy Yeung, oversees Emperor Capital Group. He firmly believes that his close family ties are the source of strong support enabling him to face challenges ahead.
Emperor Group, under the leadership of Dr Albert Yeung, will continue to diversify. The Mainland China, with its open-door policy and economic reforms, will bring new development and business opportunities to the Group. Meanwhile, as Dr Yeung said, “Philanthropy is a traditional Chinese virtue and also a noble undertaking. It is more blessed to give than to receive. I sincerely hope more people can join in charitable undertakings, so that we can have a better tomorrow.” He will go on participating in charitable works, spreading the spirit to the public and motivating them to make contributions to charity.