Guide to Hong Kong’s Richest Billionaires
Hong Kong is home to numerous billionaires who have significantly influenced various industries, from real estate to technology. Below is a guide to some of the city's wealthiest individuals.
1. Li Ka-shing
Net Worth: Approximately $38 billion
Source of Wealth: Founder of CK Hutchison Holdings, with investments spanning real estate, retail, and energy sectors.
Background: Born in 1928 in Chao'an, Guangdong, Li Ka-shing fled to Hong Kong during the Sino-Japanese War. Starting his career in a plastics trading company, he eventually founded Cheung Kong Industries in 1950, which evolved into a leading real estate investment firm.
2. Lee Shau-kee
Net Worth: Approximately $29.5 billion
Source of Wealth: Majority owner of Henderson Land Development, a conglomerate with interests in property, hotels, and internet services.
Background: Born in 1928 in Shunde, Guangdong, Lee Shau-kee co-founded Sun Hung Kai Properties before establishing Henderson Land Development. He stepped down as chairman in 2019, passing leadership to his sons.
3. Henry Cheng and Family
Net Worth: Approximately $28.9 billion
Source of Wealth: Leadership of New World Development, a diversified conglomerate with ventures in real estate, infrastructure, and services.
4. Peter Woo
Net Worth: Approximately $15.8 billion
Source of Wealth: Former chairman of Wheelock & Co and The Wharf (Holdings), with significant investments in real estate and logistics.
5. Xu Hang
Net Worth: Approximately $14.6 billion
Source of Wealth: Co-founder of Mindray, a leading medical device manufacturer.
6. Kwong Siu-hing
Net Worth: Approximately $14.1 billion
Source of Wealth: Major stakeholder in Sun Hung Kai Properties, one of Hong Kong's largest property developers.
7. Lui Che-woo
Net Worth: Approximately $13.9 billion
Source of Wealth: Founder of Galaxy Entertainment Group, a major player in Macau's gaming industry, and K. Wah International Holdings, focusing on property development.
8. Joseph Lau
Net Worth: Approximately $13.3 billion
Source of Wealth: Former chairman of Chinese Estates Holdings, with investments in real estate and property development.
9. Gong Hongjia and Family
Net Worth: Approximately $11 billion
Source of Wealth: Significant shareholder in Hikvision, a global leader in video surveillance products.
10. Francis Choi
Net Worth: Approximately $8.2 billion
Source of Wealth: Founder of Early Light International, the world's largest toy manufacturer.
Many of these billionaires reside in the exclusive Deep Water Bay area, known for housing a significant number of Hong Kong's elite.
