Albert Yeung

Albert Yeung Sau-shing (; born 3 March 1943) is a Hong Kong businessman. He is the founder and chairman of Emperor Group.

Early years Albert Yeung was born in Hong Kong in 1943 and traces his roots to Teochew (Chaozhou), Guangdong, China. His father, Mr Yeung Shing, opened a watch shop named "Shing On Kee Watch Shop" in 1942, setting the business foundation. In the 1960s his father lent him 200,000 yuan to start his watch business. In 1964, he opened his own watch shop, "Observatory Watch & Jewellery" on Nathan Road, Kowloon.

Two years after he opened his first shop, he obtained the distribution rights of Rolex and Omega watches and expanded his business to jewellery in 1966 and later on to other ventures.

Family background Yeung has two sons and three daughters. His two sons and three daughters are also involved in business. which is dedicated to supporting non-profit sports, as well as educational and cultural activities. To recognise Beijing Olympic gold medalists' contributions to sports development in China, he also awarded $12.6 million to the 63 athletes.

Charitable foundation In addition to setting up "Emperor Foundation Scholarship" for twelve tertiary institutions in Hong Kong, Yeung has made donations to education funds in China, including the "Ministry of Justice, PRC Education Fund", the "China University of Political Science and Law – C.U.P.L. Mr Albert Yeung Education Fund", the "Peking University Education Foundation" and "Xiamen Education Fund" for students with top academic achievements or underprivileged background. He also invested and donated RMB 30 million to establish "Shanghai Institute of Visual Art, Fudan University – The Emperor School of Performing Arts" to cultivate new talents in China. He funded hospice services in Hubei, which made him win "The Most Influential Charity Project Nomination Award" in 2007.

Court cases

Perverting the course of public justice conviction (1979) On 10 February 1979, jockey Tony Cruz , his brother and two other persons had an argument in a car park in the New Territories with Wai Kin-bong, who was knocked unconscious and hospitalised until 28 February. Wai was then Director and general manager of Tin Tin Daily News. The paper's owner Lau Tin-chau asked Yeung, a common friend of both Cruz and Wai, to try to resolve the tension between the two. Yeung visited Wai in hospital and offered him a "very substantial sum" of money either "not to give evidence against Mr. Cruz or to give evidence that would not 'nail him down'". In circumstances where the magistrate found that Yeung had promised Wai he would "fix the police", Cruz was never charged. Yeung was convicted of perverting the course of justice and ultimately sentenced to nine months' imprisonment.

Charged with criminal intimidation & false imprisonment (1994, acquitted 1995) Yeung was acquitted after the case against him folded when five prosecution witnesses suffered amnesia, the first of whom told Magistrate Paul Kelly he did not want to give evidence against Yeung because he was "very frightened". The magistrate acquitted Yeung but said he "cannot, with the same assurance, declare justice has been done".

Defamation case against Google (2011) On 8 August 2011 the South China Morning Post reported that Yeung had filed a writ for defamation against Google in the Hong Kong High Court on the grounds that it links to sites making libellous accusations against him.

Honors