Hong Kong’s richest woman Josephine Lau appears at Basel — her million-dollar custom Hermès bag steals the spotlight

(Hong Kong, March 29) Joseph Lau’s wife, Chan Hoi-wan—widely known as Hong Kong’s richest woman with an estimated net worth of HKD 70 billion—has once again captured public attention, this time for her impeccable fashion sense.

Recently, she made an appearance at Art Basel Hong Kong, dressed in a sophisticated brown blazer paired with wide-leg trousers, exuding understated elegance. However, it was the handbag she carried that truly stole the spotlight.

The piece in question is a highly exclusive version of the Hermès Constance by Hermès, featuring a unique penguin motif. Reportedly part of the brand’s ultra-private VIP customization program, this one-of-a-kind creation is said to be the only piece in the world, with a value exceeding HKD 1 million.

Hermès’ bespoke service allows elite clients to fully personalize their bags—from design and leather selection to colors, hardware, and stitching. Each custom order is reviewed and priced at the brand’s Paris headquarters, with exclusivity guaranteed at a global level.

A long-time Hermès enthusiast, Chan has previously showcased a rare Hermès Faubourg Birkin—often referred to as the “House Birkin”—valued at over HKD 2 million. Inspired by the façade of the brand’s Paris flagship store, the bag features intricate handcrafted detailing using crocodile and calf leather. It is rumored that clients must spend over HKD 10 million with Hermès to even qualify for such a purchase.