India Business Journal

Oyster sauce king Lee dies at 91

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Billionair­e Lee Man Tat – the chairman of condiments­maker Lee Kum Kee – who is known as the King of Oyster Sauce has died at the age of 91. With net worth of $17.4 billion, the oyster sauce billionair­e was ranked Hong Kong’s sixth wealthiest man when the Hong Kong’s Rich List 2021 was published in February. Founded by his grandfathe­r Lee Kum Sheung in 1888, the company has been renowned for selling more than 200 sauces and condiments. Mr Tat joined Lee Kum Kee over six decades ago to help his father and stepped up to become the company’s chairman in 1972.

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