Hong Kong media mogul Sir Run Run Shaw, who created an empire in Asia spanning movies to television, has died at the age of 106.
He Shaw passed away peacefully at his home in Hong Kong, surrounded by his family, his company, Television Broadcasts Limited (TVB), said in a statement.
One of Hong Kong cinema’s defining figures, Shaw popularised Chinese kung fu films in the West and helped turn the former British colony into a “Hollywood East” over an 80-year career.
A passionate film-lover from an early age, legend has it that Shaw first cut his teeth in the business by distributing film reels on a bicycle to rural cinemas in Singapore and Malaysia, giving poignancy to his name “Run Run”.
The Shaw studio produced about 1,000 titles, including melodramas, historical epics and kung fu classics like ‘The One-armed Swordsman’ – helping to redefine genres and lure new cinema-goers not only in Hong Kong and Asia, but in the West.
Shaw also invested in a number of co-productions, most notably the Ridley Scott classic, ‘Blade Runner’, starring Harrison Ford, in 1982.
The tycoon also ran the so-called Shaw prizes, sometimes referred to as Asia’s answer to the Nobel prizes, which rewards excellence in maths, astronomy and science, with a monetary prize of $1 million for each laureate.