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Silas Chou

Hong Kong billionaire (born 1946) From Wikipedia, the free encyclopedia

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Silas K. F. Chou (Chinese: 曹其峰; pinyin: Cáo Qífēng; born September 1946) is a Hong Kong-based billionaire business magnate, active in the fashion sector.[2]

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Early life

Chou's father was Chao Kuang-piu.[3] His father founded South Ocean Knitters, one of the Hong Kong's "largest knitwear manufacturers and exporters", in which he still owns a stake.[2] In 1978, Chou and his father founded Xiang Zhou Woollen Mills in the Zhuhai Special Economy District.[3] His sister, Susana Chou, was the President of the Legislative Assembly of Macau from 1999 to 2009.[4]

Career

In 1989, Chou and Lawrence Stroll founded Sportswear Holdings to acquire Tommy Hilfiger.[5][6] Chou was the largest shareholder and became chairman of the company.[6] In 2006, he sold his shareholding to Apax, a UK private equity firm for US$1.6 billion.[6]

In 2003, Chou and Stroll bought a majority share in Michael Kors for US$100 million.[2][6] In June 2018, Chou sold the last of his investment in Kors.[6] Chou has also heavily invested in Karl Lagerfeld and Pepe Jeans.[5]

In 2018, a consortium led by Stroll, which included Chou, acquired the assets of the Force India Formula One team after it entered administration, subsequently forming a new team under the name Racing Point Force India.[7]

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Personal life

Chou is married, with two daughters, Veronica and Vivian, and lives in Hong Kong.[2] Both daughters are active in his fashion business.[2]

References

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