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August 19, 2017

Top Ten Richest Men in Hong Kong 2014

Top Ten Richest People in Hong Kong

Hong Kong is booming economy with increasing number of billionaire every year. In year 2013 we have seen many people getting lot of fortune in different businesses which include real state and gambling. Lui Che Woo who is ranked second in this list earned his fortune due to his Casino business where he earned a lot but taxes are not that much high. Li Ka Shing is the richest man in Hong Kong but he lost many millions as compared with last year due to downfall in real estate and higher taxes.
Following is the list of top ten richest people in Hong Kong;

1-Li Ka-Shing

He is not only the richest person in Hong Kong but also the wealthiest person of Asia. With his total net worth of $32 Billion he tops the list. Empire of Li Ka-Shing includes Cheung Kong, Hutchison Whampoa and Husky Energy.

Hong Kong Richest Person

2-Lui Che Woo

He is the leading name in Casino Business and his ‘Galaxy Casinos” are among the best in the world. In 2001 Che Woo bought $1.1 Billion Macau gaming license without any previous experience but hit the jack pot. With his total net worth of $21 Billion he is the second richest person in Hong Kong.

3-Lee Shau Kee

He is the head of Henderson Land, the real estate company, and in the third spot in this list of Hong Kong’s billionares. Last year he was at No.2 but slip on position down due to increased taxes and lower sales.

4-Kwok Family

Kwong Siu-hing and her sons are at No.4 in this list with estimated net worth of $17.5 Billion. They lost their $2 Billion worth due to losses in their property businesses.

5-Cheng Yu-Tung

He is the fifth richest person in this list with net worth of $15.5 Billion. He is very old, 88 years, and recently turned over the chairmanship of his New World Development to his son Henry.

6-Joseph Lau

He involves in the real estate business and at No.6 in this list with estimated worth of $9.7 Billion.

7-Michael Kadoorie

He helped make Hong Kong a world financial hub with his hotel and power companies but recently shares in his companies languished. But still with $8.6 Billion he is the 7th richest person in Hong Kong in year 2014.

8-Peter Woo

He involves in business of shopping malls and real estate and with estimated worth of $8 Billion he is at No.8 in this list.

9-Pansy Ho

She is the daughter of Macau gambling kingpin Stanley Ho and his heir apparent. With net worth of $6.8 Billion she is at number nine in this list.

10-Victor & William Fung

The two brother’s firm, Li & Fung, is the world’s largest supplier of goods to retailers such a s Wal-Mart and Target.

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