Lui Che Woo and Daniel Loeb

Lui Che Woo and Daniel Loeb built their fortunes through very different paths. Lui Che Woo developed a broad business empire spanning construction materials, property, hotels and Macau entertainment, while Daniel Loeb built Third Point, a global investment firm known for event-driven and activist investing. Lui Che Woo died in 2024 at 95, while Loeb remains active in finance. Their careers, family backgrounds, education and sources of wealth offer two distinct stories of long-term business success.

Lui Che Woo and Daniel Loeb Quick Bio

Detail	Lui Che Woo	Daniel Loeb
Full Name	Lui Che Woo	Daniel Seth Loeb
Date of Birth	August 9, 1929	December 18, 1961
Net Worth	Estimated around US$14.5 billion at the time of his death in 2024; historical estimates vary with market valuations.	Approximately US$4.4 billion according to Forbes’ September 21, 2026 real-time estimate.
Height	Estimated 5 ft 7 in–5 ft 9 in (170–175 cm) — unverified	5 ft 9 in (175 cm) was reported in a Bloomberg Markets profile; this is an older published measurement.
Age	95 at the time of his death	64 years old as of September 2026
Date of Death	November 7, 2024	Living
Birthplace	Jiangmen, Guangdong, China	Santa Monica, California, USA
Nationality	Chinese / Hong Kong	American
Profession	Businessman, entrepreneur, property developer, hotelier and philanthropist	Hedge-fund manager, investor, entrepreneur and philanthropist
Famous For	Founder of K. Wah Group and founder of Galaxy Entertainment Group	Founder, CEO and CIO of Third Point LLC
Nickname	“King of Quarry”	“Milo Minderbinder”, a school nickname inspired by Catch-22
Parents	Detailed parental information is limited in major public biographies	Ronald Loeb and Clare Spark Loeb
Siblings	Complete verified sibling details are limited	Josh Loeb, brother
Marital Status	Married	Married
Spouse	Chiu Kam Ping	Margaret Davidson Munzer
Children	Five children	Three children
Family	His five children include Francis Lui, Lawrence Lui, Alexander Lui, Paddy Lui and Eileen Lui	Wife Margaret Davidson Munzer and three children
Education	Attended primary school in Kowloon and left secondary school during his first year	Columbia University, A.B. in Economics, 1983
Early Career	Began working young and later entered construction materials and quarrying	Worked in finance before establishing Third Point
Main Company	K. Wah Group	Third Point LLC
Company Founded	First K. Wah company established in 1955	Third Point founded in 1995
Business Sectors	Construction materials, property, hotels, entertainment and leisure	Equities, corporate credit, structured credit, private credit and venture capital
Macau Connection	Entered Macau’s gaming business in 2002 and developed major entertainment and resort interests	No comparable Macau gaming business
Investment Style	Built and diversified a family business empire across multiple industries	Known for event-driven and activist investing and engagement with corporate boards
Major Business Expansion	Expanded from Hong Kong into Mainland China, Macau, Southeast Asia and international markets	Expanded Third Point into a global alternative-investment platform
Third Point Assets	Not applicable	Forbes reported approximately $24 billion managed by Third Point in September 2026.
Major Companies/Projects	K. Wah International, Galaxy Entertainment, Galaxy Macau and StarWorld Macau	Investment campaigns involving Yahoo!, Sony, Sotheby’s, Nestlé, Campbell’s Soup, Disney, Dow/DuPont and others
Philanthropy	Major supporter of education, healthcare, medical research and tourism	Supports education, medical research and economic opportunity through the Margaret and Daniel S. Loeb Foundation
Major Foundation/Initiative	Established the LUI Che Woo Prize – Prize for World Civilisation in 2015	Margaret and Daniel S. Loeb Foundation
Awards	Grand Bauhinia Medal, Gold Bauhinia Star, MBE and numerous lifetime-achievement awards	John Jay Award, Gustave L. Levy Award and Alexander Hamilton Award
Honorary Degrees	Received honorary degrees from several universities	Columbia graduate; later endowed the Daniel S. Loeb Scholarship
Hobbies / Interests	Publicly associated with business, philanthropy, education and community activities	Art collecting, investing and philanthropy; an older Bloomberg profile also reported his practice of Ashtanga yoga.
Weight	Estimated 65–72 kg — unverified	158 lb / about 72 kg in a 2005 Bloomberg Markets profile.
Hair Color	Gray/white in later life	Brown, later beginning to gray in an older published profile.
Eye Color	Unverified	Unverified
Instagram	No verified personal Instagram account identified	No clearly verified personal Instagram account identified
Years Active	More than seven decades in business	Active in finance since the 1980s; founded Third Point in 1995
Legacy	Built K. Wah into a multinational group and became a major figure in Hong Kong and Macau business	Built Third Point into a major alternative-investment firm and became a prominent activist investor
Notable Recognition	An asteroid, No. 5538, was named “Lui Che Woo Star” in 1995.	Recognized by Columbia University and philanthropic institutions for professional and charitable contributions
Career Highlight	K. Wah’s expansion into property, hospitality and Macau gaming	Building Third Point into a global investment firm
Last Word	Remembered for combining entrepreneurship, property and hospitality with major philanthropic work.	Known for combining hedge-fund management with shareholder engagement, philanthropy and institutional involvement.

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