'I personally accept it': Alex isn't holding a grudge despite his father giving away his $560m inheritance

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The heir to the biggest real estate agency in property-mad Hong Kong doesn't own a house.

Not only that, he won't inherit his father's stake in Centaline Group, estimated to be worth about $US400 million according to the Bloomberg Billionaires Index, because it was donated to charity more than a decade ago.But Alex Shih isn't perturbed, even though he's missing out on the wealth that the offspring of some Hong Kong tycoons are taking control of along with the family business.

"The company is like a big ship," Shih said. "I am trying to provide new technology tools to make it move faster."

 

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