Richard Tao

Richard is Chairman of New Heritage Investments Limited, a member of the New Heritage Group family office based in Hong Kong with cornerstone, venture capital and private equity investments in pharmaceuticals, healthcare, innovation & technology and real estate. Former Executive Director and Vice Chairman of New Heritage Holdings Ltd. (HKSE Stock Code: 95), a family real estate development and investment business that IPO’d in December 2005 on the Hong Kong Stock Exchange Main Board; the family’s controlling interest was sold in a General Offer in May 2014. Being the second generation member of the family business, he has worked with both founder, current and next generation members from a sole-proprietor to family office evolution, now incorporating both profit driven as well as ESG and impact investment philosophies in target companies and funds. The family office also continues the founder’s philanthropic legacy through a family foundation that focuses on elderly and inter-generational causes in Hong Kong.