Real estate tycoon, entrepreneur, art patron and philanthropist Adrian Cheng is executive vice chairman and CEO of property developer New World Development and executive director of jeweller Chow Tai Fook, both founded by his grandfather Cheng Yu-tung. In 2009 Adrian Cheng launched the K11 brand, injecting art into retail at a series of malls in Hong Kong and mainland China. He also oversaw the US$2.6 billion Victoria Dockside redevelopment of Hong Kong’s Tsim Sha Tsui waterfront, with the dramatic K11 Musea at its heart.
A keen collector of contemporary art, Cheng is also an influential arts patron through his K11 Art Foundation, which has backed a series of innovative exhibitions, and has recently launched the K11 Craft & Guild Foundation, which works to conserve Chinese craftsmanship. At his instigation, his companies have also been extensively involved in anti-pandemic charitable initiatives, producing their own face masks and distributing them free of charge to underprivileged people, as well as subsidising the Covid-related medical expanses of people in need. New World has also donated 3 million square feet of land to help ease Hong Kong’s social housing shortage.
The son of Henry Cheng, Adrian is married to Jennifer Yu.