1900 - 1972
Yung Fung-shee Philanthropist
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Yung Fung-shee is a member of the following lists: 1900 births, 1972 deaths and Hong Kong billionaires.
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Details
| Birthday |
30th November, 1899
|
| Birthplace |
Hong Kong
|
| Died |
27th August, 1972
|
| Place of Death |
British Hong Kong
|
| Occupation Text |
Philanthropist
|
| Occupation |
Philanthropist
|
Yung Fung-shee (Chinese: 容鳳書; 1900 – 27 August 1972) was a Hong Kong philanthropist. The Yungs were closely associated with the Chartered Bank (now Standard Chartered Bank). Fung-shee's grandfather, Yung Leung was the first comprador of the Chartered Bank, while several of his descendants, including one of his sons Yung Yik-ting, had successively held key positions such as compradors and sub-compradors in the Bank. Fung-shee, who kept a low-profile, had earned large sums of profits investment of securities. Her will in 1969 provided that assets valued at HK$3 million would go to the Hong Kong Government for the construction of free healthcare centres and clinics for the needy. By the time of her death in August 1972, the value of bequest had grown to HK$16 million, and HK$51 million by late 1978, funding Yung Fung Shee Memorial Centre in Kwun Tong, Kowloon and Madam Yung Fung Shee Health Centre in Yuen Long, New Territories, which costed HK$70 million and HK$32 million respectively.
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