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Lunch with Sumiko
Family feuds, fortunes made and lost: How Richard Eu turned TCM chain Eu Yan Sang around
His grandfather Eu Tong Sen was one of Asia’s richest men, but Richard Eu says there’s a burden to carrying such a famous name.
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While Eu Yan Sang is a widely known brand, until Richard Eu took the helm of the family business, the company was on the brink of collapse. He tells ST executive editor Sumiko Tan how he achieved the turnaround and about his approach to business.
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If there’s one Chinese herb that Mr Richard Eu swears by, it’s cordyceps.
“Anti-ageing,” he declares.
