Sonia Cheng

The granddaughter of Hong Kong billionaire Cheng Yu-tung, Sonia Cheng is chief executive of the family's hospitality business, Rosewood Hotel Group, which she took over at just 28. The Harvard graduate acquired U.S.-owned Rosewood Hotels in 2011 and transformed its portfolio, which now spans over 51 hotels in 23 countries, an integrated well-being concept, and a private members club. Appointed vice chairman of the family's 95-year-old Chow Tai Fook Jewellery chain in 2022, she's now focused on revitalizing the legacy jeweler, unveiling in April a contemporary rebrand of its approximately 7,500 outlets, which posted record revenues of some $13.9 million for the year ended March 31, 2024.