Lee Hysan

Lee was born in Hawaii. Lee's father was Lee Leung-yik (Chinese: 利良奕), a businessman who was heavily involved in the opium business in Hong Kong and China. Lee's ancestral home was Kaiping, China, and Lee Leung-yik immigrated and moved his family to the US during the California Gold Rush at age 49 when immigration from Qing-era China was illegal. After making a small fortune, the family left San Francisco in 1896 and eventually relocated to Xinhui, Guangdong Province and then to Hong Kong.[1]

At age seventeen, after arriving in Hong Kong. Lee Hysan continued his studies at Queen's College. Since he spoke English fluently, he later taught English at Queen's College, his alma mater.

Lee's father achieved great wealth from the opium trade, and Lee inherited his father's business. Having amassed a great fortune from his successful opium business, Lee later participated in the fast-growing Hong Kong real estate market.

In 1923, he bought the Jardine's Hill property, west of Causeway Bay, from Jardines for HK$3.8 million. He initially wanted to build opium refinery facilities there, but owing to the global anti-opium movement, he changed his plan and developed the property as Lee Garden.[2] It is approximately the area around Lee Garden Road, Lee Theatre, Yun Ping Road and Percival Street.

In March 1905, Lee's son Richard Charles Lee was born in Hong Kong. In December 1924, Lee's son Jung Kong Lee was also born in Hong Kong.

On 30 April 1928, Lee was shot on a street in the Central district in Hong Kong and died shortly after yelling for help. The assassination was possibly due to a growing public resentment of his opium business, which people believed had caused great harm to Chinese society. The assassin was never caught, despite his family offering a huge bounty.

At the time of his death, his estate was valued at HK$4.4 million. The present-day Hysan Development Company has a market capitalisation in excess of HK$20 billion.

There was a popular doggerel in Hong Kong showing Lee's notoriety. The first characters of the first three lines sound (in Cantonese) almost the same as Lee's name:[3]

利己害人 lei⁶ gei² hoi⁶ jan⁴

欺貧重富 hei¹ pan⁴ zung⁶ fu³

神憎鬼厭 san⁴ zang¹ gwai² jim³

街知巷聞 gaai¹ zi¹ hong⁶ man⁴

Literal translation:

Benefiting oneself while harming others,

Oppressing the poor while respecting the rich.

Detested by the deities and disgusted by the ghosts,

Known on the streets and heard on the alleys.

Many of Lee's descendants and other family members are notable in their own right:

• Richard Charles Lee (利銘澤) (1905-1983)[4] - businessman, son of Lee Hysan
• Vivienne Poy née Lee (利德蕙) - daughter of Richard Charles Lee and a Canadian Senator from 1998 to 2012
• Harold Hsiao-Wo Lee (利孝和)
• Jung Kong Lee (利榮康) - chemist, son of Lee Hysan
• Lee Quo-wei (利國偉) - banker and educator, nephew of Lee Hysan
• Peter Ting Chang Lee, JP (deceased) - former Chairman of Hysan Development
• Michael Tze Hau Lee, BA, MBA - Managing Director, Hysan Development Company Limited
• Anthony Hsien Pin Lee, BA, MBA - non-managing director, Hysan Development Company Limited
• Chien Lee - non-executive director, Hysan Development Company Limited
• Dr. Deanna Ruth Tak Yung Rudgard, BA, MD - non-executive director, Hysan Development Company Limited

• 鄭宏泰 [Zheng, Victor]; 黃紹倫 [Wong, S.L.] (2011). 一代煙王: 利希慎 [Opium King: Lee Hysan] (in Chinese (Hong Kong)). Joint Publishing (Hong Kong). ISBN 978-962-043066-4.