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Inside the descent into chaos at a Chinese billionaire’s cattle empire

Inside the descent into chaos at a Chinese billionaire’s cattle empire

Hui Wing Mau was once one of the world’s biggest property developers, with a strong interest in Australian agriculture. But after splashing out on a massive landholding, things did not go smoothly.

“My view was that animals would die, employees would leave, the companies would be sued, and then more cattle would die.”

That is how one of Hui Wing Mau’s business partners described life at the sprawling cattle empire he had invested in.

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Primrose Riordan
Associate editorPrimrose Riordan covers private companies and family offices from the AFR’s Sydney newsroom. Primrose was previously a correspondent for the Financial Times and covered foreign affairs and politics in Canberra. Message Primrose on Signal: https://tinyurl.com/PrimroseSignal Connect with Primrose on Facebook and Twitter. Email Primrose at primrose.riordan@afr.com

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Original URL: https://www.afr.com/rich-list/inside-the-descent-into-chaos-at-a-chinese-billionaire-s-cattle-empire-20240104-p5ev78