# Gerald Chan > Mediated Wiki article. Canonical URL: https://mediated.wiki/source/Gerald_Chan > Markdown URL: https://mediated.wiki/source/Gerald_Chan.md > Source: https://en.wikipedia.org/wiki/Gerald_Chan > Source revision: 1354995011 > License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/) Hong Kong born American billionaire In this [Chinese name](/source/Chinese_name), the [family name](/source/Chinese_surname) is *Chan*. Gerald Chan 陳樂宗 Born Gerald Chan Lok-chung February 1951 (age 75) Hong Kong Citizenship United States Education University of California, Los Angeles (BS, MS) Harvard University (MS, DSc) Occupation Businessman Spouse Beryl Wei Chan Children 2 Parent T.H. Chan Relatives Ronnie Chan (brother) **Gerald Lok-chung Chan** ([Chinese](/source/Chinese_language): 陳樂宗; born February 1951) is an American [billionaire](/source/Billionaire) and the brother of fellow billionaire [Ronnie Chan](/source/Ronnie_Chan).[1] They run the [Hang Lung Group](/source/Hang_Lung_Group).[2] ## Early life and education Gerald Chan is the son of [T.H. Chan](/source/T.H._Chan), a Hong Kong real estate tycoon who founded the Hang Lung Group and was considered one of the major families in Hong Kong during the 20th century. He received a [bachelor of science](/source/Bachelor_of_Science) and a [master of science](/source/Master_of_Science) from the [University of California, Los Angeles](/source/University_of_California%2C_Los_Angeles). He then received a [master of science](/source/Master_of_Science) in medical radiological physics and a [doctor of science](/source/Doctor_of_Science) in radiation biology from [Harvard University](/source/Harvard_University).[3] In the 1970s, he became a US citizen, and has since been cited on various [Forbes 400](/source/Forbes_400) rankings.[4] ## Career In 1987, he co-founded the [Morningside Group](/source/Morningside_Venture_Capital), a private equity and venture capital group, and serves as its chairman.[3] Chan is also a director of [Hang Lung Group](/source/Hang_Lung_Group), his family's real estate firm, Stealth Peptides, Advanced Cell Diagnostics, Matrivax, Vaccine Technologies Inc, and Oxyrane.[5] He is also the chairman and founding investor of Apellis Pharmaceuticals, Inc. (Nasdaq:$APLS). As of 2015, he had invested over $100 million into the real estate market in the [Harvard Square](/source/Harvard_Square) district of Cambridge, the location of his alma mater.[4] In September 2018, Chan opened a luxury countryside hotel, Heckfield Place, in Hampshire, England, a renovated 18th-century manor house and farm.[6] ## Philanthropy When his family donated the [Harvard School of Public Health](/source/Harvard_School_of_Public_Health) $350 million in six annual installments, the largest gift in Harvard's history at the time, the school was renamed the [Harvard T.H. Chan School of Public Health](/source/Harvard_T.H._Chan_School_of_Public_Health) in honor of Chan's late father.[4][7] In September 2021, the Chans' Morningside Foundation donated $175 million to the UMass Medical School in Worcester, MA, and it changed its name to [UMass Chan Medical School](/source/UMass_Chan_Medical_School).[8] In March 2022, the Morningside Foundation donated $100 million to found the [MIT](/source/Massachusetts_Institute_of_Technology) Morningside Academy for Design, intended to "encourage design work at MIT to grow and cross disciplines among engineering, science, management, computing, architecture, urban planning, and the arts."[9] ## Personal life Chan is married to Beryl, and they have two sons, Ashley being the eldest.[4] ## References 1. **[^](#cite_ref-1)** ["Ronnie & Gerald Chan"](https://www.forbes.com/profile/ronnie-gerald-chan/). *forbes.com*. [Archived](https://web.archive.org/web/20180919212809/https://www.forbes.com/profile/ronnie-gerald-chan/) from the original on September 19, 2018. Retrieved September 19, 2018. 1. **[^](#cite_ref-2)** ["Profile of Directors"](http://www.hanglung.com/HLGAnnualReport2016/pdf/HLG_Profile_of_The_Director_E.pdf) (PDF). www.hanglung.com. [Archived](https://web.archive.org/web/20220930164241/https://www.hanglung.com/hlgannualreport2016/pdf/hlg_profile_of_the_director_e.pdf) (PDF) from the original on September 30, 2022. Retrieved April 24, 2022. 1. ^ [***a***](#cite_ref-geraldchan.net_3-0) [***b***](#cite_ref-geraldchan.net_3-1) ["About - Dr. Gerald Chan"](http://www.geraldchan.net/about-me/). *www.geraldchan.net*. [Archived](https://web.archive.org/web/20180907175712/http://www.geraldchan.net/about-me/) from the original on September 7, 2018. Retrieved September 19, 2018. 1. ^ [***a***](#cite_ref-bostonglobe.com_4-0) [***b***](#cite_ref-bostonglobe.com_4-1) [***c***](#cite_ref-bostonglobe.com_4-2) [***d***](#cite_ref-bostonglobe.com_4-3) Neil Swidey (May 3, 2015). ["Gerald Chan, Boston's invisible billionaire - The Boston Globe"](https://web.archive.org/web/20180919075352/https://www.bostonglobe.com/magazine/2015/05/02/meet-boston-invisible-billionaire/y7QS6m7SniIqsED91iS9oO/story.html). *bostonglobe.com*. Archived from [the original](https://www.bostonglobe.com/magazine/2015/05/02/meet-boston-invisible-billionaire/y7QS6m7SniIqsED91iS9oO/story.html) on September 19, 2018. Retrieved September 19, 2018. 1. **[^](#cite_ref-5)** ["Gerald L. Chan - Harvard China Fund"](http://hcf.fas.harvard.edu/profiles/gerald-l-chan/). *hcf.fas.harvard.edu*. [Archived](https://web.archive.org/web/20211008035604/https://hcf.fas.harvard.edu/profiles/gerald-l-chan/) from the original on October 8, 2021. Retrieved September 19, 2018. 1. **[^](#cite_ref-6)** ["Heckfield Place: inside the UK's most delayed hotel"](https://www.ft.com/content/f87bd618-4487-11e8-97ce-ea0c2bf34a0b). *Financial Times*. April 26, 2018. [Archived](https://web.archive.org/web/20220613133522/https://www.ft.com/content/f87bd618-4487-11e8-97ce-ea0c2bf34a0b) from the original on June 13, 2022. Retrieved April 7, 2019. 1. **[^](#cite_ref-7)** ["Announcement of major search for Senior Director, University Development Office International – Asia Principal Gifts, Harvard University Cambridge, MA"](https://www.lllsearches.com/uploads/career/files/Harvard-University-SD-University-Development-Office-International-Asia-Principal-Gifts-Backgrounder.pdf) (PDF). [Archived](https://web.archive.org/web/20181025110218/https://www.lllsearches.com/uploads/career/files/Harvard-University-SD-University-Development-Office-International-Asia-Principal-Gifts-Backgrounder.pdf) (PDF) from the original on October 25, 2018. Retrieved October 25, 2018. 1. **[^](#cite_ref-CBS_Boston_8-0)** ["UMass Medical School Changes Name To UMass Chan Medical School After $175 Million Donation"](https://boston.cbslocal.com/2021/09/07/umass-chan-medical-school-175-million-donation-morningside-foundation-worcester/). *CBS Boston*. September 7, 2021. [Archived](https://web.archive.org/web/20211125144322/https://boston.cbslocal.com/2021/09/07/umass-chan-medical-school-175-million-donation-morningside-foundation-worcester/) from the original on November 25, 2021. Retrieved November 25, 2021. 1. **[^](#cite_ref-9)** Dizikes, Peter (March 14, 2022). ["MIT Morningside Academy for Design created as a new hub for cross-disciplinary education, research, and innovation"](https://news.mit.edu/2022/morningside-academy-design-0314). *MIT News | Massachusetts Institute of Technology*. [Archived](https://web.archive.org/web/20220925232148/https://news.mit.edu/2022/morningside-academy-design-0314) from the original on September 25, 2022. Retrieved March 14, 2022. --- Adapted from the Wikipedia article [Gerald Chan](https://en.wikipedia.org/wiki/Gerald_Chan) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Gerald_Chan?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.