• Tue
  • Oct 21, 2014
  • Updated: 4:23am

For three-hour work day, Joseph Lau Luen-hung earned $10.5 million in 1996

PUBLISHED : Tuesday, 02 February, 1999, 12:00am
UPDATED : Tuesday, 02 February, 1999, 12:00am
 

For his three-hour work day, Joseph Lau Luen-hung may have earned as much as $10.5 million in 1996, according to the Chinese Estates Holdings annual report.


The 1996 report showed the four directors of the companies, including the Lau brothers and two non-executive directors, received directors' emoluments totalling $15 million.


One got $10 million to $10.5 million, another $4 million to $4.5 million, and the other two less than $1 million.


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