Chau Chak Wing
Born1949 (age 74–75)
Guangdong, China
NationalityChinese-Australian
Other names
OccupationReal estate businessman
TitleChairman, Kingold Group

Chau Chak-wing (simplified Chinese: 周泽荣; traditional Chinese: 周澤榮; pinyin: Zhōu Zéróng; Sidney Lau: Jau1 Jaak6-wing4; born 1949),[1] is a Chinese-Australian[2] property developer known for his Kingold Group business based in Guangzhou, People's Republic of China (PRC).[3] Journalists and think tanks have reported on Chau's links to Chinese Communist Party (CCP) entities and interests throughout his career.[4][5][6][7][8]

Early life and career

Chau was born in Guangdong Province, PRC. He has been described as being either of Chaozhou or Shantou heritage.[9] Chau emigrated from Chaozhou to Hong Kong in the 1970s. After further emigrating to Australia in the 1980s, he returned to live in Guangdong in 1988.[9]

In the early 1990s, Chau founded the Kingold Group (sometimes referred to as the Qiao Xin Group).[10][11] The group's main interests are property, finance, education, hospitality, healthcare and media.[12]

In 2004, Chau received an honorary doctorate from Keuka College in the United States.[13]

In September 2005, Chau founded the Australia China Friendship and Exchange Association (ACFEA).[14][15]

Since August 2011, Chau has served as the chairman for the Guangdong Huaxing Bank, previously serving as a director.[16]

New Express Daily

In 2001, Chau joint-ventured with the Guangzhou, PRC, provincial government's Yangcheng Evening News to commence publishing the New Express Daily there.[13]

In 2004, Chau established the pro-Beijing The Australian New Express Daily (Chinese: 澳洲新快报), a simplified character Chinese-language newspaper published in Australia under the management of his daughter Winky Chow, a former ethnic policy affairs adviser to New South Wales State Premier Bob Carr.[17] Carr presided over its official launch.[13] The newspaper has engaged directly in promotion of Chinese government interests in Australia.[5][18] In 2009, Chau told The Age in an interview, "'[t]he Chinese government has found this newspaper very commendable because we never have any negative reporting.''[19] Chinese foreign policy expert Bates Gill cited The Australian New Express Daily as an example of Chinese government influence.[8]

The Australian New Express Daily ceased printing newspapers in 2019 and eventually stopped updating its websites and social media in 2021.[20]

Personal life

Chau has three children, including his son, Eric, and daughter, Winky. Eric attended the University of Technology Sydney, studying design.[21]

Chau has been noted as being friends with many individuals holding governmental power in Guangdong at one time, including Xie Fei (Guangdong CCP committee secretary from 1991 to 1998) and Lin Shusen (Guangzhou CCP deputy committee secretary in 1997 and party secretary in 2002). Chau stated his connections were due to his chairing of business groups.[9]

In 2015, Chau paid a reported $70 million to buy the Vaucluse mansion 'La Mer' from Australian billionaire James Packer.[22]

Net worth

Year Financial Review
Rich List		 Forbes
China Rich List
Rank Net worth (A$) Rank Net worth (US$)
2017[23][24] $1.56 billion
2018[25][26] 45 $1.63 billion Increase 378 $0.90 billion Decrease
2019[27][28] 58 Decrease $1.55 billion Decrease n/a not listed
2020[29] 15 Increase $4.60 billion Increase n/a not listed
2021[30] 20 Decrease $4.57 billion Decrease
2022 23 Decrease $4.50 billion Decrease
2023[31] 21 Increase $4.43 billion Decrease
Legend
Icon Description
Steady Has not changed from the previous year
Increase Has increased from the previous year
Decrease Has decreased from the previous year

Philanthropy

The Chau Chak Wing Museum at the University of Sydney
The Dr Chau Chak Wing Building at the University of Technology Sydney

In May 2009, Chau, then still domiciled in Guangzhou, donated CN¥3 million to a Chinese Public Security Bureau training centre in order that society "be well managed".[13]

In 2010, Chau contributed A$20 million, in instalments over ten years, towards the A$150 million construction cost of the Dr Chau Chak Wing Building, part of the University of Technology Sydney (UTS), together with an ancillary A$5 million scholarship fund.[32][33] The Dr Chau Chak Wing building was completed in 2013.[34] Chau was awarded an honorary doctorate by UTS in 2014, shortly after completion of the UTS building bearing his name.[12] In 2015, another A$15 million was contributed for the construction of the Chau Chak Wing Museum at the University of Sydney.[35] The museum opened in 2020.[34]

In 2015, Chau donated A$60,000 to the Australian War Memorial for the Anzac Diversity Education Program. He donated an additional A$500,000 for the creation of the Kingold Education and Media Centre.[36]

In 2019, Chau established the Chau Chak Wing Foundation.[37]

In November 2019, Chau donated A$500,000 to Soldier On, an Australian organization dedicated to supporting veterans and their families, and has pledged additional donations.[38]

Political donations

From 2014 to 2018, Chau donated approximately A$4 million to the two major Australian political parties.[39]

Controversies

FBI investigation of bribery and resulting litigation

Chau was named in a Federal Bureau of Investigation (FBI) probe in the case of bribery of the former president of the United Nations General Assembly, John Ashe. In 2013, the FBI alleged Sheri Yan (Shiwei Yan),[40] an Australian-Chinese suspected by Australian Security Intelligence Organisation (ASIO) of Chinese intelligence activity, used A$200,000 of Chau's money to bribe John Ashe to attend a conference held at Chau's Imperial Springs resort in China.[41][42] Yan pleaded guilty to bribery charges and served a 20-month prison sentence.[43] Although Chau was never charged or accused of wrongdoing,[44] he has also had documented ties to the CCP's United Front Work Department since at least 2007.[6][7] This was detailed in a file written by the former US Consul General Robert Goldberg, who was based in Guangzhou. The file was initially distributed to American intelligence agencies, but in 2010 was in a leaked diplomatic cable.[18]

In 2016, Chau brought defamation proceedings against Nationwide News Pty Ltd, the publisher of The Daily Telegraph and its sister company News Life Media Pty Ltd in the Federal Court of Australia, claiming that articles published in 2015 conveyed imputations that he himself had “bribed Mr. John Ashe”. The proceedings were settled with Nationwide and News Life agreeing to pay Chau A$65,000 and publishing an apology on December 23, 2016.[45]

In May 2018, Andrew Hastie, a former Chair of the Parliamentary Joint Committee on Intelligence and Security, used parliamentary privilege to claim Chau was an unindicted co-conspirator in the bribery case.[46][47] Hastie's claim followed an April meeting that took place in New York with other members of the joint intelligence committee (David Fawcett and Jenny McAllister), two members of the American intelligence community, and an official from an Australian intelligence agency.[48]

In February 2019, Chau obtained judgment in an action against Fairfax Media in New South Wales, establishing he had been defamed in The Sydney Morning Herald in a 2015 article about the affair.[49] Fairfax Media said it would appeal.[50] The appeal was rejected by the Federal Court in March 2020.[51] Chau was awarded A$280,000 in damages, which he donated to various Australian charities.[52]

Allegations of soft power over Australian politics and resulting litigation

A joint Four Corners and Fairfax Media investigation claimed that Chau, among others, was the subject of a briefing by ASIO warning of Chinese government influence over the Australian political system.[53] In a follow-up article in The Australian, Chau said that claims he was an agent of Chinese soft power were "irrational". He said successive governments since the Howard era had sought his help in promoting Australian interests in China, including being asked to lobby for Australia to win a A$150 billion LNG deal with China in 2001.[54] Chau sued for defamation over the news story. In February 2021 the Federal Court found in favour of Chau, and awarded him $590,000 in damages. The ABC was also prohibited from republishing some sections of the Four Corners episode.[55]

Foreign election interference claims

In February 2022, Australian senator Kimberley Kitching used parliamentary privilege to suggest to Mike Burgess, the head of the Australian Security Intelligence Organisation, that Chau Chak Wing was the wealthy businessman behind an alleged Chinese plot to interfere in Australian elections to install politicians sympathetic to the Chinese Communist Party dictatorship.[56][4] Chau issued a written statement denying the claim.[57]

References

  1. ↑ 周泽荣详细资料. Phoenix Television. Archived from the original on 8 September 2015. Retrieved 17 August 2017.
  2. ↑ "Chinese-Australian billionaire says Fairfax story made him out to be a 'criminal'". The Guardian. 12 June 2018. Archived from the original on 12 June 2018. Retrieved 13 September 2021.
  3. ↑ "The billionaire who bought Australia's most expensive home". Australian Financial Review. 7 August 2015. Archived from the original on 17 August 2017. Retrieved 17 November 2016.
  4. 1 2 Galloway, Anthony (15 February 2022). "Who is Chau Chak Wing? The alleged 'puppeteer' behind foreign interference plot". The Sydney Morning Herald. Retrieved 26 November 2022.
  5. 1 2 Snow, Deborah (8 August 2009). "Tycoon denies crusade to 'dye Australia red'". The Sydney Morning Herald. Archived from the original on 6 March 2019. Retrieved 3 March 2019.
  6. 1 2 Groot, Gerry (19 June 2018). "Understanding the Role of Chambers of Commerce and Industry Associations in United Front Work". Jamestown Foundation. Archived from the original on 11 September 2019. Retrieved 14 September 2019.
  7. 1 2 Joske, Alex (9 June 2020). "The party speaks for you: Foreign interference and the Chinese Communist Party's united front system". Australian Strategic Policy Institute. JSTOR resrep25132. {{cite journal}}: Cite journal requires |journal= (help)
  8. 1 2 Bowe, Alexander (24 August 2018). "China's Overseas United Front Work" (PDF). U.S.-China Economic and Security Review Commission.
  9. 1 2 3 Christensen, John Garnaut, Deborah Snow and Nic (3 July 2009). "Cool, calm and connected". The Sydney Morning Herald. Retrieved 13 September 2019.{{cite news}}: CS1 maint: multiple names: authors list (link)
  10. ↑ Tree, North (1 September 2022). "At the beginning of the "Chaoshan rich" Ji Haipeng's family history, his daughter is the prototype of Qu Xiaoxiu in "Ode to Joy"".
  11. ↑ "Surprise Zhou Zerong". 11 June 2007. Retrieved 27 March 2023.
  12. 1 2 "Dr Chau Chak Wing". UTS. 2014. Archived from the original on 6 March 2019. Retrieved 3 March 2019.
  13. 1 2 3 4 Garnaut, John; Snow, Deborah; Christensen, Nic (4 July 2009). "Behind the mysterious Dr Chau". The Sydney Morning Herald. Archived from the original on 6 March 2019. Retrieved 3 March 2019.
  14. ↑ "The Rotator - April 2019 edition" (PDF). www.absc.online. Australian Business Summit Council.
  15. ↑ "About Us - Australia China Friendship and Exchange Association". www.acfea.org.au.
  16. ↑ "董事长周泽荣先生". Guangdong Huaxing Bank.
  17. ↑ Han, Misa (13 June 2018). "Businessman Chau Chak Wing tried to build 'web of patronage'". Australian Financial Review. Archived from the original on 6 March 2019. Retrieved 3 March 2019.
  18. 1 2 McKenzie, Nick; Baker, Richard (15 July 2017). "Wikileaked: Billionaire Australian donor's Beijing links detailed in 'sensitive' diplomatic cable". The Sydney Morning Herald. Retrieved 30 January 2023.
  19. ↑ Garnaut, John (13 April 2011). "Toeing the line". The Sydney Morning Herald. Retrieved 30 January 2023.
  20. ↑ Lin, Yiu Wah (1 April 2021). "【本地中文傳媒寒冬】17年歷史《澳洲新快報》網站停刊".
  21. ↑ Power, Julie (3 December 2014). "A dad's love for his Gehry-crazy son was the key to a $20 million gift". The Sydney Morning Herald.
  22. ↑ Macken, Lucy (8 August 2015). "chinese-billionaire-chau-chak-wing-bought-70m-packer-mansion-without-even-seeing-it". Domain. p. 1.
  23. ↑ Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". The Australian Financial Review. Archived from the original on 6 August 2018. Retrieved 8 June 2017.
  24. ↑ Mayne, Stephen (26 May 2017). "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax". Crikey. Private Media. Archived from the original on 10 October 2019. Retrieved 10 October 2019.
  25. ↑ Stensholt, John, ed. (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review. Archived from the original on 26 May 2018. Retrieved 26 May 2018.
  26. ↑ "#378 Chau Chak Wing". Forbes Asia. 24 October 2018. Retrieved 21 December 2020.
  27. ↑ Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review. Nine Publishing. Archived from the original on 3 September 2019. Retrieved 31 May 2019.
  28. ↑ "2019 Australia's 50 Richest". Forbes Asia. January 2019. Archived from the original on 10 June 2015. Retrieved 28 September 2019.
  29. ↑ Bailey, Michael; Sprague, Julie-anne (30 October 2020). "The full list: Australia's wealthiest 200 revealed". The Australian Financial Review. Nine Publishing. Archived from the original on 30 October 2020. Retrieved 31 October 2020.
  30. ↑ Bailey, Michael; Sprague, Julie-anne (27 May 2021). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 28 May 2021.
  31. ↑ Bailey, Michael; Sprague, Julie-anne (26 May 2023). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 6 June 2023.
  32. ↑ "UTS receives $25 million gift". Probono Australia. 22 June 2010. Archived from the original on 28 June 2010. Retrieved 3 March 2019.
  33. ↑ "Gehry's vision gets NSW government approval". University of Technology. 20 March 2012. Archived from the original on 27 November 2012. Retrieved 29 March 2012.
  34. 1 2 Xiao, Alison (24 May 2018). "University stands by donor amidst UN bribing scandal". Honi Soit. Archived from the original on 6 March 2019. Retrieved 3 March 2019.
  35. ↑ "$15 million donation to create new University of Sydney landmark museum". University of Sydney. Archived from the original on 17 November 2016. Retrieved 17 November 2016.
  36. ↑ Whyte, Sally (24 May 2018). "Chau Chak Wing donated more than $500,000 to War Memorial". The Sydney Morning Herald. Archived from the original on 1 May 2021. Retrieved 3 March 2019.
  37. ↑ "Chau Chak Wing Foundation".
  38. ↑ Nohra, Danielle (11 November 2019). "Chinese developer stumps up for Soldier On".
  39. ↑ Power, John (30 September 2018). "Meet the Chinese businessmen making waves in Australia". South China Morning Post. Archived from the original on 6 March 2019. Retrieved 3 March 2019.
  40. ↑ McKenzie, Nick; Allen-Ebrahimian, Bethany; Hunter, Fergus (11 November 2018). "Beijing's secret plot to infiltrate UN used Australian insider".
  41. ↑ "ASIO warns political parties over foreign donations". ABC News. 5 June 2017. Archived from the original on 6 June 2017. Retrieved 6 June 2017.
  42. ↑ "Chau v Australian Broadcasting Corporation (No 3) [2021] FCA 44 (2 February 2021)". Federal Court of Australia. p. Section 20.
  43. ↑ Needham, Kirsty (14 April 2019). "Woman accused of being Chinese influence agent tells her story for the first time". The Sydney Morning Herald.
  44. ↑ "Chau v Australian Broadcasting Corporation (No 3) [2021] FCA 44 (2 February 2021)". Federal Court of Australia. p. Section 64 and 145.
  45. ↑ "Chau v Australian Broadcasting Corporation (No 3) [2021] FCA 44 (2 February 2021)". Federal Court of Australia.
  46. ↑ Baker, Nick McKenzie, Richard (22 May 2018). "Political donor Chau Chak Wing behind UN bribe scandal, Parliament told". The Sydney Morning Herald. Retrieved 7 October 2020.{{cite web}}: CS1 maint: multiple names: authors list (link)
  47. ↑ Yaxley, political reporters Louise; Gribbin, Caitlyn; Conifer, Dan (23 May 2018). "Liberal MP says he did his duty in speaking up about political donor". ABC News. Archived from the original on 20 November 2019. Retrieved 18 December 2019.
  48. ↑ Probyn, Andrew (24 May 2018). "Here's why Andrew Hastie named Chau Chak Wing in Parliament". ABC News. Archived from the original on 25 October 2018. Retrieved 22 March 2020.
  49. ↑ Bachelard, Michael (7 October 2017). "One of Australia's biggest political donors has secret Beijing ties, court papers allege". Stuff.co.nz. Archived from the original on 19 October 2018. Retrieved 14 September 2017.
  50. ↑ McGowan, Michael (22 February 2019). "Chau Chak Wing wins defamation case against Sydney Morning Herald". The Guardian. Archived from the original on 3 March 2019. Retrieved 3 March 2019.
  51. ↑ "Chau Chak Wing defamation finding stands". Nine News. 19 March 2020. Archived from the original on 13 August 2020. Retrieved 1 May 2021.
  52. ↑ Greenbank, Amy; Greene, Andrew (13 December 2019). "Chinese-born billionaire Chau Chak Wing donating millions to Australian veterans". Australian Broadcasting Corporation.
  53. ↑ "ASIO investigation targets Communist Party links to Australian political system". ABC News. Australian Broadcasting Corporation. 5 June 2017. Archived from the original on 6 June 2017. Retrieved 6 June 2017.
  54. ↑ "Chinese billionaire hits back at ASIO: I'm not a communist agent". The Australian. 27 June 2017. Archived from the original on 1 May 2021. Retrieved 10 July 2017.
  55. ↑ "Chau Chak Wing awarded $590,000 in defamation case over ABC Four Corners episode". The Guardian. 2 February 2021. Archived from the original on 23 March 2021. Retrieved 1 May 2021.
  56. ↑ Galloway, Anthony (14 February 2022). "Labor senator names businessman as 'puppeteer' behind foreign interference plot". The Age. Retrieved 14 February 2022.
  57. ↑ "Chinese businessman denies he is 'puppeteer' named in Parliament". Australian Financial Review. 15 February 2022. Retrieved 21 November 2022.
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