Xu Rongmao GBM, GBS (simplified Chinese: 许荣茂; traditional Chinese: 許榮茂; born 1950), or Hui Wing Mau in Cantonese, is a Chinese-Australian[1] entrepreneur and billionaire, and the founder and the chairman of Shimao Property.
[citation needed] However, as soon as the construction was completed, the government policy was changed to allow private owners to have their hotels.
[citation needed] In the 1990s, he expanded his real estate business into Beijing and Shanghai.
[2] He completed his Master of Business Administration via distance-learning from the University of Adelaide[1][2] and invested in real estate in the early 1990s.
In 2003-04, Xu was the largest individual donor to the NSW branch of the Australian Labor Party.