HomeFeaturedBiographyTop 10 Richest People In Hong Kong As Of 2022

Top 10 Richest People In Hong Kong As Of 2022

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Hong Kong has traditionally been a desirable destination for the well-heeled.

This is due in large part to the fact that Hong Kong is still seen as a gateway to China; it is the country’s most popular city for foreign business, Asia’s foremost financial center, and the greatest venue for networking, trading, and accessing the massive mainland China market.

The city is home to some of the world’s wealthiest billionaires. Some of the billionaires at the top have made their riches on their own, while others have inherited wealth from their families.

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Below are the top 10 richest people in Hong Kong as of 2022.

Lee Shau Kee Net Worth – $31.5B

Lee Shau Kee Net Worth
Lee Shau Kee

Age 93

Source of Wealth real estate, Self-Made

Residence Hong Kong, Hong Kong

Citizenship Hong Kong

Marital Status Divorced

Children 5

Lee Shau Kee was born on March 07,1929 in Hong Kong. Lee Shau Kee grew up in a poor family in Hong Kong. He could only afford meat or fish twice a month.

Lee studied English to advance financially and also partnered with Kwok Tak-Seng, who became his business partner and father of Hong Kong’s business empire.

Henderson Land Development – one of Hong Kong’s biggest property developers, is majority owned by Mr. Lee Shau Kee. Henderson Land Development is a property conglomerate with interests in property, hotels, restaurants and internet services.

From humble beginnings, Henderson Land Development has become one of the world’s largest property developers, all thanks to the drive and talent of its founder.

Lee handed over the leadership of the company to two of his sons, Peter and Martin Lee. He still works as an executive director.

He has donated over $400m to education through his philanthropic efforts, including the establishment of government schools for international students & helping support projects to develop scholarships.

Li Ka-shing Net Worth – $30.1B

Richest People in Hong Kong in 2022
Li Ka-shing

Age: 93

Source of Wealth: diversified, Self-Made

Residence: Hong Kong

Citizenship: Hong Kong

Marital Status: Widowed

Children: 2

Education: Drop Out, High School

Sir Ka-shing Li was born on 13 June 1928. He is a Hong Kong businessman with an estimated net worth of $30.1billion.

Li was the founder and chairman of Hutchison and CK Asset Holdings for almost two years before his retirement in 2018. He remains a senior advisor to the company’s leadership.

Li was just 21 years old when he started the company that would become Cheung Kong plastics, and had $6.5 thousand dollars in savings and loans from family.

Li Ka-Shing has donated more than $3.3 billion and the majority of the money has gone to charitable work in China.

Henry Cheng & family Net Worth – $22.1B

Henry Cheng

Age: 75

Source of Wealth: Chow Tai Fook

Citizenship: Hong Kong

Henry Cheng was born in 1946 in Shunde, Guangdong, China to Cheng Yu-tung who founded New World Development.

Henry Cheng is the Chairman of New World Development and Chow Tai Fook Jewellery, the world’s largest jeweler, and a Western University graduate.

New World Chain Land, NWS Holdings, New World Department Store China, and Taifook Securities are all owned by him.

Cheng is a member of the Eleventh Chinese People’s Political Consultative Conference’s Standing Committee.

He was the first to lend his support to China’s Secretary of State for Development, Paul Chan, who was embroiled in a scandal. Adrian Cheng, one of his four children, is an entrepreneur.

Donald Trump sued Henry Cheng and Vincent Lo for $1 billion in 2005. In 2017, Cheng became a member of a consortium that invested in I-Cable.

Chow Tai Fook Jewellery is owned by Henry Cheng, who also has a 33 percent share in New World Development. As chairman, Cheng is credited with all of the family’s shares, which he and his three siblings jointly own.

Chow Tai Fook Enterprises is owned by them in total to the tune of 75%. Cheng also owns 2 percent of Ping An Insurance and 18 percent of Giordano International.

Yeung Kin-man & Lam Wai-ying Net Worth – $18.6B

Yeung Kin-man

Source of Wealth: Manufacturing, Self Made

Citizenship: Hong Kong

Marital Status: Married

Yeung Kin-Man is a wealthy Hong Kong businessman with a net worth of $18.6 billion. Yeung Kin-Man is a Hong Kong native.

Through his company Biel Crystal Manufactory, he built a fortune producing mobile phone glass covers.

In 1986, the company began creating watch glass, and in 2003, it began producing smartphone cover glass for the Motorola Razr.

They then became the cover glass suppliers for Apple, LG, Sony, and Samsung’s iPhones.

Yeung was the chairman of the company, which had $4.6 billion in revenue in 2015 and employs over 100,000 people in factories in Huizhou and Shenzhen.

He and his wife own the business, and they have three children together.

Biel Crystal Manufactory, which supplies glass touch screens for smartphones and is partnered with Apple, LG, and Samsung, is owned by Yeung Kin-Man, who owns 51 percent of the company.

Yeung Kin-Man and his wife Lam Wai Ying control the company, but Yeung is credited with the whole fortune as the company’s founder and CEO, with a sales of $4.6 billion in 2015.

Peter Woo Net Worth – $17.7B

Peter Woo

Age: 75

Source of Wealth: real estate

Residence: Hong Kong, Hong Kong

Citizenship: Hong Kong

Marital Status: Married

Children: 3

Education: Master of Business Administration, Columbia Business School

Peter Woo is a billionaire from Hong Kong with a net worth of $17.7 billion.

The Chairman of Wheelock & Company Limited and The Wharf Holdings Limited, which houses his key real estate, investment, logistics, and media enterprises, has amassed the majority of Peter Woo’s wealth.

Wheelock & Co is managed by him because he owns 59.8% of the company.

Property developer Wheelock & Co. is owned by Peter Woo, who owns 61 percent of the company.

He also controls Hong Kong’s two major shopping malls, Times Square and Harbour City. Woo owns Hong Kong’s cable television company as well as a number of high-value office buildings.

In 2011, Woo sold 3.4 million shares in Salvatore Ferragamo, yet he still owns 6% of the company. Longfor Properties, Joyce Boutique, and Sun Hung Kai Properties are among his other investments.

Lee Man Tat Net Worth – $17.4B

Lee Man Tat

Source of Wealth: food

Citizenship: Hong Kong

Children: 5

Lee Man Tat is a Hong Kong, China heir with a $17.4 billion net worth. Lee Man Tat, a third-generation leader of the Lee Kum Kee family business, is one of the world’s leading producers of oyster sauce and over 200 other Chinese sauces and condiments.

Joseph Lau Net Worth – $13.3B

Joseph Lau

Age: 70

Source of Wealth: Real estate, Self Made

Residence: Hong Kong, Hong Kong

Citizenship: Hong Kong

Marital Status: Divorced

Children: 6

Joseph Lau has a net worth of $13.3 billion dollars and is a Hong Kong real estate investor.

Joseph Lau, who was born in Hong Kong in 1951, reportedly owned a 61 percent ownership in Chinese Estates Holdings, a prominent Chinese investment holding company with subsidiaries primarily engaged in property investment and development, brokerage, securities investing, and money lending.

Kwong Siu-hing Net Worth – $12.9B

Kwong Siu-hing

Age: 92

Source of Wealth: Real estate

Residence: Hong Kong, Hong Kong

Citizenship: Hong Kong

Marital Status: Widowed

Children: 4

Kwong Siu Hing, the matriarch of Hong Kong’s third richest family, was born in Huadu, Guangzhou, Guangdong, in 1929.

She is the biggest property developer in Hong Kong, Sun Hung Kai Properties.

She is the mother of Walter Thomas and Raymond, as well as the wife of the late Kwok Tak-Seng, the company’s founder.

Lui Che Woo & family Net Worth – $11.5B

Lui Che Woo

Age: 92

Source of Wealth: Casinos/hotels, Self Made

Residence: Hong Kong, Hong Kong

Citizenship: Hong Kong

Marital Status: Married

Children: 5

Lui Che Woo is a Chinese tycoon with a $11.5 billion fortune. Lui Che Woo, who was born in 1929, amassed his fortune through his development company, K. Wah International, before securing one of six coveted Macau casino licenses.

He is the chairman of K. Wah Group, which was created in the 1950s and now includes K. Wah International Holdings Ltd. (Stock code: 173.HK), Galaxy Entertainment Group Limited (Stock code: 27.HK), Stanford Hotels International Limited, and K. Wah Construction Materials Limited, among others.

K. Wah has evolved into a multi-national conglomerate with over 200 companies and over 20,000 employees throughout Hong Kong, Mainland China, Macau, North America, and Southeast Asia over the years.

Lui Che Woo opened the Galaxy casino and hotel in Macau in May 2011, which features 2,200 rooms, 50 restaurants, 450 gaming tables, an artificial beach, and a wave pool.

Francis Lui, Lui’s eldest son and vice-chaiman, now oversees the gaming aspect of the family business, as well as the massive casino project, which is set to open in 2015.

Lui is a married man with five children, in addition to being Hong Kong’s fifth richest man.

Lui Che Woo holds a 37 percent stake in Galaxy Entertainment, a Macau casino operator. Woo owns 53 percent of the Hong Kong property developer K. Wah International.

He is a philanthropist who has donated about 340 million Galaxy shares and 280 million K. Wah shares.

Stanford Hotels Corporation and Stanford Hotels International, which includes the InterContinental Grand Stanford Hong Kong, are owned by Lui.

READ ALSO: Top 10 richest sheikhs in the world.

Joseph Tsai Net Worth – $8.5B

Top 10 Richest People In Hong Kong
Joseph Tsai

Age: 57

Source of Wealth: E-commerce, Self Made

Residence: Hong Kong, Hong Kong

Citizenship: Canada

Marital Status: Married

Children: 3

Education: Bachelor of Arts/Science, Yale University; Doctor of Jurisprudence, Yale University

Joseph Tsai is a Canadian businessman who was born in Taiwan and has a net worth of $8.5 billion.

Alibaba’s co-founder and CFO, Joseph Tsai, helped secure almost $7.8 billion in funding in 2005, including the sale of a 40% interest in the company to Yahoo.

Until May 10, 2013, he was the Chief Financial Officer of Alibaba Group Holding Limited.

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