Calvin Lo

Career

Calvin Lo is the heir of the wealthy Lo family in Hong Kong and the CEO of R.E. Lee International, a life insurance brokerage firm founded in 1954 and 100 percent privately owned by his family, offering business succession and estate planning services to businesses and ultra high net-worth individuals. It is estimated that Lo's group places US$1 billion of premiums annually. Lo is also the founder of R.E. Lee Capital, an asset management firm with US$5 billion under management.
In September 2019, Lo bought over Taiwan's most luxurious hotel, the Mandarin Oriental Taipei, one of the Mandarin Oriental Hotel Group properties for US$1.24 billion (NT $38.5 billion).

Wealth and philanthropy

In 2019, Forbes estimated Lo's personal net worth at US$1.7 billion.  He was described as “the richest tycoon you have never heard of before” in a 2018 The London Economic article.  In 2017, Huffington Post named Lo as one of the “Marketing Gurus to Watch in 2018”.
Vulcan Post revealed in 2019 that Lo has set up different charitable trusts worth US$245 million for his philanthropic initiatives.
Lo was a board member of the Jane Goodall Institute from 2006 to 2018, and advocated the well-being of animals, the community and the environment.

Personal interests

Lo is Asia's largest purchaser and collector of French champagne and spent US$230 million for his collection in 2018. He is a hypercar collector and owns the rare Pagani Huayra BC.  Lo is also one of Asia's first owner of the private jet, Gulfstream G650.