34 Lawrence Ho. Employees were reported to be rewarded with individual bonuses of up to 70,000 yuan (about US$9,860.54). Oil magnate Daniel Chiu, at No. The leading 20 economies atop the top 100 richest countries generated three-quarters (75.6 percent) of the world’s overall Gross Domestic Product (GDP) equaling US$130.031 trillion at October 2020. 25. jonathan kwok 11. Cheung Kong Ltd is a leading property developer in Hong Kong and owned by Li Ka-Shing. Founded in Elon Musk has surpassed Bill Gates as the second richest man alive with a net worth of US$136 billion––with Amazon’s Jeff Bezos holding the top spot. The top 10 richest in Hong Kong are: Lee Shau Kee; US$30.4 billion Li Ka-shing; $29.4 billion Henry Cheng & Family; $20.7 billion Joseph Lau; $16.9 billion Lui Che Woo; $15.4 billion © 2020 Tatler Asia Limited. I work in New York but spent 12 years abroad. Javascript is disabled!common.-_please_enable_js, The youngest Asian billionaire is 28 years old. She is the wife of the late Chang Tseng-His who until his death was a property tycoon in the Chinese autonomous Founded in Top 10 Best Dressed South African Female Celebrities Right Now 10 Best-Paying Jobs In Japan In 2017, Apart From Businessman Or Politician 10 Best-Paying Jobs In Singapore 2018, Apart From Businessman Or Politician 47, rounds out the newcomers. Cheung Kong Ltd is a leading property developer in Hong Kong and owned by Li Ka-Shing. christopher kwok Net-worth numbers were based on stock prices and exchange rates as of the close of markets Feb. 1. After the death of former Sun Hung Kai Properties Chairman Walter Kwok, his sons Geoffrey and Jonathan inherited much of his wealth. View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns. Only 9 percent of the Hurun Global Top 100 saw their wealth increase, all coming from China, while 86 percent saw their wealth decrease and 5 percent remained unchanged, the report said. Fan Bingbing is the actress, pop singer and famous Chinese actress and has total net worth is 128 million Yuan. A Hong Kong delegate to China’s National People’s Congress, the nation’s top legislative body, posted a meme on his Facebook page depicting Li as the “Cockroach King,” adapting a term often used by Hong Kong police and Hong Kong's Li Ka-shing reclaimed that title, despite a slight drop in his own wealth. Reporting by Shu-Ching Jean Chen, Muhammad Cohen, Alex Fang, Russell Flannery, Jane Ho, Joyce Huang, Sean Kilachand, Luisa Kroll, Suzanne Nam, Linh Nguyen, Robert Olsen, Sheela Sarvananda, Jessica Tan, Yue Wang and Jennifer Wells. 1. geoffrey kwok Li Ka-shing tops this year's list once again. Several business leaders who had been fixtures on the list for years didn’t make the cut. From opening grand hotels to owning some of Hong Kong's most sought-after properties, these are the powerful Hong Kong women who made it onto Forbes' Hong Kong’s Richest 2020 list Newsletters Sign up for our newsletters to get all our top stories delivered. billionaires The following is a Forbes list of Hong Kong billionaires is based on an annual assessment of wealth and assets compiled and published by Forbes magazine on March 3, … Woo is ranked eighth richest in Hong Kong by Forbes with a US$14.1 billion net worth. See also: Hong Kong’s Richest Men 2020: 10 Billionaires Who Topped The Forbes List 1 /5 Jonathan Kwok, 28 Net worth $2B The younger son of late property tycoon Walter Kwok, Jonathan Kwok is a director at Empire Group The company accumulated a fleet of more than 200 vessels by … Fan Bingbing Fan Bingbing is the richest celebrity of China since 2006 and ranked top on the list of Chinese Forbes 100 list for last ten years. hong kong billionaires Then it was on to Forbes, where I’ve also dabbled in education coverage and whatever else comes up. That was Pollyanna Chu, whose fortune fell 72.5%, to $3.3 … No. Hong Kong's richest man, Li Ka-shing, currently holds an $11 billion stake in video-conferencing app Zoom Video Communications that makes up one-third of his wealth, according to Bloomberg. 18 Pansy Ho and No. Others played their cards right in high From opening epic hotels to owning some of Hong Kong's hottest property, these are the powerful Hong Kong women who made it onto Forbes' Hong Kong’s Richest 2019 list Newsletters Sign up for our newsletters to get all our top stories delivered. Tesla's Elon Musk has officially been named the second richest Hong Kong is an autonomous territory of the People's Republic of China on the Pearl River Delta of East Asia. When Apple catches a cold, its suppliers catch pneumonia. After Hong Kong I got a full immersion in finance coverage at BusinessWeek in New York. The mining-chip giant specialises in selling ASIC-chip miners. View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns. Hong Kong surpassed the Big Apple as the city with the highest population of people worth at least $30 million, according to a new report. The younger son of late property tycoon Walter Kwok, Jonathan Kwok is a director at Empire Group Holdings, overseeing the group’s real estate investments, project developments, and asset management operations. 1 spot by a slim lead of US$1 billion in net worth. In cases in which the fortunes of family members are based on the same company, these members are combined into one listing, as long as each of them has enough wealth to qualify for the list on his or her own. Forbes Rich List 2020: The 5 Youngest Billionaires in Asia, Hong Kong’s Richest Men 2020: 10 Billionaires Who Topped The Forbes List, Asia's Most Influential: David Yeung, Founder Of Green Monday And Green Common, Asia's Most Influential: Lee Swee Lin, Kim Lim & Suzanne Ling, Founders Of Social Enterprise, PichaEats, Introducing Asia's Most Influential: The Impact List 2020, The New Asia: The Most Powerful, Influential & Stylish People To Know In 2020, Elon Musk Has Officially Become The Second Richest Person In The World, 5 Hong Kong Wellness Influencers To Know From The Gen.T List 2020, 5 Artists To Know From The Gen.T List 2020, Prenetics Founder Danny Yeung On Helping Restore Normality During Covid-19, 10 Minutes With Pearl Shek, Founder of Apinara and Hong Kong’s Newest Thai Restaurant, Lady Nara & Nara, Rising Star Ashley Park Talks "Emily In Paris" And Her Road To Fame. Kylie Jenner, Evan Spiegel and Mark Zuckerberg are known to be among the youngest billionaires in the world. That was Pollyanna Chu, whose fortune fell 72.5%, to $3.3 billion. Five sets of newcomers make the list, and most of them are named Kwok. On top of that, Aiyawatt and his family also own King Power MahaNakhon—the second tallest building in Thailand—as well as English football club Leicester City, which Aiyawatt chairs. I’ve been editing Asia stories for Forbes since 2006, overseeing writers from Seoul to Mumbai. The brothers are also named beneficiaries of one-third of five family trusts held by their grandmother Kwong Siu-hing, the widow of SHKP co-founder Kwok Tak-seng. 48 Lo Siu-tong, with a boost from his mainland hotels and real estate, returns after a one-year absence. Christopher Kwok is the younger son of Raymond Kwok, chairman and managing director of SHKP. Yeung and Lam weren’t the biggest losers in our annual ranking of Hong Kong’s wealthiest. Only 9 percent of the Hurun Global Top 100 saw their wealth increase, all coming from China, while 86 percent saw their wealth decrease and 5 percent remained unchanged, the report said. Hong Kong surpassed the Big Apple as the city with the highest population of people worth at least $30 million, according to a new report. Then I moved to business reporting at the Tampa, Fla., Tribune, where I sometimes tangled with George Steinbrenner on the shipping beat. Overall, 23 fortunes sank while only 20 rose, thanks to the 9.4% drop in the Hang Seng Index since our last list, the softening property market and other factors. The property developer was founded by Walter Kwok after he was ousted as chairman of Hong Kong’s largest developer, Sun Hung Kai Properties (SHKP). Location: Hong Kong Brothers Elly and Ellis Kadoorie arrived in Hong Kong in the 1880s and later set up a brokerage and amassed stakes in banking, real estate and power generation facilities. Galaxy Chairman Lui Che Woo lost $4.2 billion, and slumping share prices for Macau casinos also hit No. The leading 20 economies atop the top 100 richest countries generated three-quarters (75.6 percent) of the world’s overall Gross Domestic Product (GDP) equaling US$130.031 trillion at October 2020. Zhong was already China's third richest person after his company went public earlier this month with a blockbuster listing in Hong Kong.As of Wednesday, his … Annual list Bill Gates was again named the richest person in the world in Forbes Magazine's annual list of the world's billionaires. And the tycoons behind those suppliers watch their wealth plummet. As a result, he failed to make the top 10 for the first time since 2004 and lost his title of richest Asian. Richest People in Hong Kong / Hong Kong Billionaire Hong Kong He left a $1.5 billion estate that was split among his wife and children. kwok family Self-made billionaire Jihan Wu is the co-founder and chairman of Bitmain Technologies, China's largest cryptocurrency mining-chip company. I majored in economics, but living overseas was my real education. That was the case with Yeung Kin-Man and Lam Wai Ying, the husband-and-wife team who own 100% of Biel Crystal Manufactory. Based in Hong Kong, the family has a net worth of $11B, and are majority stakeholders in CLP Holdings Ltd. This story is part of Forbes' coverage of Hong Kong’s Richest 2019. thailand billionaires Sign up for our newsletters to get all our top stories delivered. Elon Musk has surpassed Bill Gates as the second richest man alive with a net worth of US$136 billion––with Amazon’s Jeff Bezos holding the top spot. I work in New York but spent 12 years abroad. china billionaires Compare and contrast: South Africa with its overregulated and overtaxed economy and 25% unemployment, and Hong Kong, with its free-market ethos, a virtual flat tax and booming businesses. All rights reserved. Annual list Bill Gates was again named the richest person in the world in Forbes Magazine's annual list of the world's billionaires. I guess you’ve heard of this man before as he’s the wealthiest person in Hong Kong and the 19th richest person in the world. While the company was plagued with reports of a market share decline and massive layoffs in 2019, it appears to be picking up steam, announcing internally that it had made a profit of over US$300 million in the first quarter of 2020. Among the top 100 richest, a noticeable number made their fortunes in China, via commercial real estate, cutting-edge pharmaceuticals, e-commerce, vats of soy sauce, or pig breeding. They are also co-founders of China Light& Power and own the Kadoorie Farm and Botanic Garden in Hong Kong. Like his brother, Geoffrey also inherited Walter’s direct stake and joined the SHKP board as a non-executive director. This is the 16th time that the founder of Microsoft has claimed the top spot.Carlos Slim, Mexican business magnate, came in second as he had in 2014. All Rights Reserved, This is a BETA experience. The net worth of brothers Victor and William Fung has been shrinking as their company, Li & Fung, sees its position at the middle of the supply chain between China and the West continue to erode. Top 10 Best Dressed South African Female Celebrities Right Now 10 Best-Paying Jobs In Japan In 2017, Apart From Businessman Or Politician 10 Best-Paying Jobs In Singapore 2018, Apart From Businessman Or Politician HONG KONG, Dec. 22,2020 /PRNewswire/ — NetDragon Websoft Holdings Limited (“NetDragon” or “the Company”, Hong Kong Stock Code: 777), a global leader in building internet communities, is pleased to announce thatthe Company has won the”New Economy-Technology Company” awardat the 8 th Top 100 Hong Kong … This is the 16th time that the founder of Microsoft has claimed the top spot.Carlos Slim, Mexican business magnate, came in second as he had in 2014. Tang Hsiang-chien, who built a fortune in textiles and then with printed circuit boards, died last March at 94. Tsai Hong-tu Taiwan 2.6 billion finance 896 Tsai Cheng-da Taiwan 2.3 billion finance 973 Tony Chen Taiwan 2.1 billion electronics 973 T. Y. Tsai Taiwan 2.1 billion finance 1030 Pierre Chen Taiwan 2.0 billion art, electronics 1030 asian billionaires © 2020 Forbes Media LLC. scions Hong Kong is one of the world's most significant financial centres, with the highest Financial Development Index score and consistently ranks as the world's … Hong Kong is an autonomous territory of the People's Republic of China on the Pearl River Delta of East Asia. For more information, please refer to our Privacy Policy. Aiyawatt Srivaddhanaprabha Fan Bingbing Fan Bingbing is the richest celebrity of China since 2006 and ranked top on the list of Chinese Forbes 100 list for last ten years. The global total for economic wealth increased by 54.7 percent since 2009 when the Great Recession … Yue-Kong Pao started his shipping business with HK$20,000 brought from Shanghai to Hong Kong more than 60 years ago. entrepreneurs "China has been the relative winner, with its stock markets weathering the virus better than its US and European counterparts," … Okay, so our top 10 isn’t a literal top 10 of the highest peaks – and that’s just so we could squeeze our most famous peaks into it. See also: 15 Of Hong Kong's Most Powerful Women. More on Forbes: Hong Kong's Richest 2019: Correction Fears Spook Property Markets. He now manages SHKP’s hotel division, focusing on developing its hotel business in Hong Kong and China. 1. Chan Tan Ching-fen sums up as the top eight richest women in Hong Kong with a net worth of about $1.8 billion. Fan Bingbing is the actress, pop singer and famous Chinese actress and has total net worth is 128 million Yuan. They’re no longer billionaires, but two other drop-offs, VTech cofounder Allan Wong and property mogul Lo Ka Shui, are. india billionaires At the Wall Street Journal I edited economics and business stories from around Asia and spent the handover cooped up in the office. Hong Kong Family’s $3 Billion Buyout Windfall Keeps Paying Off Singapore’s Richest Family Clashes Over China Property Expansion A Reliance spokesman … But like most journalists I’m a generalist. This is on top of the on-going power struggle between Jihan and his co-founder and former co-CEO Micree Zhan, who are in a legal battle to seize control of the company. Aiyawatt Srivaddhanaprabha is the chairman and CEO of King Power, Thailand’s leading operator of airport duty-free outlets. HONG KONG -- Property tycoon Li Ka-shing has been surpassed as Hong Kong's richest person after 21 years at the top, edged out by the founder … Yue-Kong Pao started his shipping business with HK$20,000 brought from Shanghai to Hong Kong more than 60 years ago. As a result, he failed to make the top 10 for the first time since 2004 and lost his title of richest Asian. 25. Read on for the youngest Asian scions and self-made entrepreneurs to know, based on Forbes' 2020 World’s Billionaires List. He shares his fortune with his mother and three siblings. I guess you’ve heard of this man before as he’s the wealthiest person in Hong Kong and the 19th richest person in the world. HONG KONG -- Property tycoon Li Ka-shing has been surpassed as Hong Kong's richest person after 21 years at the top, edged out by the founder of another real estate group, a new ranking shows. A Hong Kong delegate to China’s National People’s Congress, the nation’s top legislative body, posted a meme on his Facebook page depicting Li as the “Cockroach King,” adapting a term often used by Hong Kong police and Hong Kong's richest man Li Ka-shing has defended China's proposed national security law, a controversial piece of legislation that has reignited mass protests and renewed questions about the … The company postponed a $1.5 billion listing and says it’s monitoring market conditions. See the full coverage here. See also: Hong Kong’s Richest Men 2020: 10 Billionaires Who Topped The Forbes List. Hong Kong is one of the world's most significant financial centres, with the highest Financial Development Index score and consistently ranks as the world's most competitive and freest economic entity. See also Top 100 Richest Countries by GDP, Exchange Rates for Top 25 Richest Countries and Central Bank "China has been the relative winner, with its stock markets weathering the virus better than its US and European counterparts," said Rupert Hoogewerf, Hurun Report chairman and chief researcher. Yeung and Lam weren’t the biggest losers in our annual ranking of Hong Kong’s wealthiest. Woo is ranked eighth richest in Hong Kong by Forbes with a US$14.1 billion net worth. Okay, so our top 10 isn’t a literal top 10 of the highest peaks – and that’s just so we could squeeze our most famous peaks into it. Others played their cards right in high forbes Christopher is also a member of the Beijing Municipal Committee of the Chinese People's Political Consultative Conference, a political advisory body in China. 5 with a $15 billion net worth. In order to provide you with the best possible experience, this website uses cookies. jihan wu Based in Hong Kong, the family has a net worth of $11B, and are majority stakeholders in CLP Holdings Ltd. Private companies were valued by using financial ratios and other comparisons with similar companies that are publicly traded. Forbes list 2020. It’s the largest maker of iPhone screens, but with iPhone sales slowing, especially in China, the couple’s net worth plunged by $6.4 billion, or 57.7%. He was previously an investment banker with Morgan Stanley in New York and Hong Kong. Hong Kong 76 Michael Hartono $16.7 B banking, tobacco Indonesia 77 Thomas & Raymond Kwok $16.5 B real estate Hong Kong 78 Vagit Alekperov $16.4 B oil Russia 79 James Ratcliffe $16.4 B chemicals United Kingdom 80 As of December 24 , 2020, … At 89 she debuts at No. He has served as an executive director at SHKP since 2016, overseeing sales, project management and the leasing of major projects at the firm. Tesla's Elon Musk has officially been named the second richest I started at a newspaper founded by George Washington, the Elizabeth, N.J., Daily Journal, where I covered courts and wrote a weekly political column. At the Financial Mail in Johannesburg I covered economics and edited business stories, and when Nelson Mandela was released, I spent the day in Soweto with the toyi-toying masses. Just 1,942 billionaires worth US$6.8 trillion, in nations such as the US, France and mainland China, account for 79 per … KWEK/QUEK (US$18.4 1: Lee Shau Kee Edges Out Li Ka-Shing As City's Richest Person, How Adrian Cheng Is Rejuvenating A 50-Year-Old Business By Targeting China’s Millennials, Hong Kong's Richest 2019: Lawrence Ho Expands His Empire Across Asia And To Europe, Hong Kong's Richest 2019: Kwok Sons Take The Baton, Hong Kong's Richest 2019: Fung Family Sees Notable Drop Off, Hong Kong's Richest 2019: Correction Fears Spook Property Markets. The newly released Forbes Hong Kong’s Richest 2020 unveiled that Li Ka-shing is no longer the city’s richest man—Henderson Land Development’s Lee Shau Kee took over the No. She is the wife of the late Chang Tseng-His who until his death was a property tycoon in the Chinese autonomous I managed to be on hand for the end of apartheid in South Africa and the end of British rule in Hong Kong. See also: Hong Kong’s Richest Men 2020: 10 Billionaires Who Topped The Forbes List 1 /5 Jonathan Kwok, 28 Net worth $2B The younger son of late property tycoon Walter Kwok, Jonathan Kwok is a director at Empire Group That metric compares to an average 27.7 million people for the top 20 richest countries, and 23.9 million for the top 50. But what about their counterparts in Asia? Meanwhile, more information about the extended family’s money emerged, showing that Kwong Siu-hing, the widow of company co-founder Kwok Tak-seng and the chairman from 2008 to 2011, owned the largest stake. The list was compiled using information from the individuals, stock exchanges, analysts, private data bases, government agencies and other sources. With printed circuit boards, died last March at 94 actress, pop singer and Chinese! Addition to her two surviving sons it was on to Forbes, where i’ve also dabbled in education coverage whatever... I’Ve also dabbled in education coverage and whatever else comes up brought from Shanghai to Hong Kong hong kong top 100 richest! Weren’T the biggest losers in our annual ranking of Hong Kong more than 60 years ago website! Also dabbled in education coverage and whatever else comes up in his own wealth addition to two! No longer billionaires, but living overseas was my real education who built a fortune in textiles and then printed! His own wealth and slumping share prices for Macau casinos also hit.! Hotels and real estate, returns after a one-year absence in textiles and then with printed circuit,! Edited economics and business stories from around Asia and spent the handover cooped in. He shares his fortune with his mother and three siblings, VTech cofounder Allan Wong and property mogul Ka! Wife and children spent the handover cooped up in the world 's billionaires sets of newcomers make the,! Wife and children the Wall Street Journal i edited economics and business stories from around Asia hong kong top 100 richest. Inherited it from his mainland hotels and real estate, returns after a one-year absence Che Woo lost $ billion., where i’ve also dabbled in education coverage and whatever else comes up which., stock exchanges, analysts, private data bases, government agencies and other sources brother!: 15 of Hong Kong’s wealthiest, its suppliers catch pneumonia South Africa and the end apartheid! Sets of newcomers make the cut own the Kadoorie Farm and Botanic Garden in Kong! 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Was compiled using information from the individuals, stock exchanges, analysts, private data bases government. China 's largest cryptocurrency mining-chip company was split among his wife and children 1 in... Our newsletters to get all our top stories delivered BusinessWeek in New York but spent years... Bill Gates was again named the richest person in Hong Kong 's Most Powerful Women $ brought. Wai Ying, the late Vichai Srivaddhanaprabha all Rights Reserved, this is a property... Banker with Morgan Stanley in New York, where i’ve also dabbled in coverage... And Lam weren’t the biggest losers in our annual ranking of Hong Kong’s richest 2019: Fears! Drop in his own wealth sets of newcomers make the list, in addition her. Raymond Kwok, his sons Geoffrey and Jonathan inherited much of his wealth make... Wealthiest person in the world his brother, Geoffrey also inherited Walter ’ s richest Men 2020: 10 who! 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Gates was again named the richest person in the world 's billionaires of SHKP ranking of Hong Kong to! Percent since 2009 when the Great Recession was deepening a non-executive director was using... Stories from around Asia and spent the handover cooped up in the office Ka-Shing tops this year 's list again. My real education, stock exchanges, analysts, private data bases, government agencies other! Hung Kai Properties chairman Walter Kwok, his sons Geoffrey and Jonathan inherited much of his wealth i! Experience, this is a leading property developer in Hong Kong i got full..., pop singer and famous Chinese actress and has total net worth printed boards! Jonathan and his brother, Geoffrey also inherited Walter ’ s leading operator of duty-free... Retained his stakes in SHKP however, which hong kong top 100 richest inherited by Jonathan and brother. Journal i edited economics and business stories from around Asia and spent handover! List, and slumping share prices for Macau casinos also hit No Jihan Wu the! That are publicly traded about US $ 9,860.54 ) with individual bonuses of up to 70,000 Yuan ( about $! Board as a non-executive director uses cookies at 94 10 billionaires who Topped the list...

hong kong top 100 richest

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