Hong Kong media mogul Run Run Shaw has died at age 106 . The billionaire businessman was the founder of a chain of movie theaters and had been in declining health for several years before his death on June 30. He helped establish Hong Kong 's first free-to-air television broadcaster . He was born in 1907 in the city of Ningbo , near Shanghai in China , although there is some confusion about his exact date of birth , Frater said . Shaw gave generously to philanthropic causes , especially education .
Hong Kong media mogul Run Run Shaw has died at age 106 . The billionaire businessman was the founder of a chain of movie theaters and had been in declining health for several years before his death on June 30. He helped establish Hong Kong 's first free-to-air television broadcaster . Shaw gave generously to philanthropic causes , especially education .