![]() ![]() The Asian venture grew rapidly and spread its reach around the region - and beyond, into Europe.Īs Robert Lee grew older, the Lo family gradually bought out his controlling stake and acquired a 100 per cent interest, which Regina Lee has recently passed to Lo, her only child. Lee developed business links with Lo’s mother, Regina Lee (no relation) and eventually, with her involvement, established the company’s first foreign operation, in Hong Kong in 1979. ![]() RE Lee was founded by Robert Earl Lee, a US insurance entrepreneur and a decorated veteran of the Korean war, who started the business in Seattle in 1954 and turned it into one of the largest wholesale insurance brokers in North America. “I just believe that for any boys and men, cars are a big thing,” he says.Ĭalvin Lo, who has financial ties to the Williams F1 team: ‘I just believe that for boys and men, cars are a big thing’ © Alamy A fan of Formula One for nearly two decades, Lo last year established financial ties to the Williams F1 team. His favourite, he says, is vintage Louis Roederer Cristal 1966.Ī passion for fine wine is matched by an enthusiasm for motor racing. Lo also owns a world-class collection of champagne - he confirms he once invested $230m in a single batch. For transport, there are three Rolls-Royces, two Bentleys and a private jet. Relaxed or not, he enjoys the trappings of wealth, with upmarket homes in London, New York, Vancouver and Singapore, in addition to Hong Kong. ![]()
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