Ji Haipeng (Chinese: 纪海鹏), or Kei Hoi Pang in Cantonese, is the chairman and CEO of Logan Property Holdings, a company 85% owned by his daughter, Perenna Kei, who has a net worth of US$1.3 billion.[1]
Ji Haipeng | |
|---|---|
| 纪海鹏 | |
| Nationality | Chinese |
| Title | Chairman and CEO, Logan Property Holdings |
In May 2010, Logan Property was incorporated in the Cayman Islands, with Kei as the sole shareholder.[2] Over the following years, Kei became the majority shareholder, using various British Virgin Islands holding companies and a family trust which she started in Guernsey.[2]
Ji is a Chinese citizen, and in China, holding in any offshore company must be declared and taxes paid on any dividends, but Kei became a Hong Kong resident in 2012, where ownership of offshore companies does not need to be declared to China and their dividends are not taxed.[2] She is also a citizen of Saint Kitts and Nevis.[1]
Ji lives in Shantou, in Guangdong province, and Logan Property is headquartered in Shenzhen.[1]
References
edit- ^ a b c Post Magazine (20 March 2014). "Why the world's youngest billionaire plays little part in running her own Hong Kong-listed empire | South China Morning Post". Scmp.com. Retrieved 2017-06-04.
- ^ a b c "The world's youngest billionaire appears to be a human tax dodge â€" Quartz". Qz.com. 2014-03-20. Retrieved 2017-06-04.
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