Hong Kong, a bustling metropolis known for its vibrant economy and thriving business landscape, is home to some of the world's wealthiest individuals. As we delve into Forbes' latest rankings for 2023, we uncover the top 10 richest people in Hong Kong, who have amassed incredible fortunes through their entrepreneurial endeavors and astute investments.
1. Li Ka-shing
Topping the list is the legendary Li Ka-shing, a business magnate and philanthropist often referred to as the "Superman of Asia." With a net worth of over $40 billion, Li Ka-shing has made his fortune through a diverse portfolio of businesses, including real estate, telecommunications, and retail. His success story serves as an inspiration to aspiring entrepreneurs worldwide.
2. Lee Shau Kee
In second place is Lee Shau Kee, the founder of Henderson Land Development Company Limited. With a net worth of $30 billion, Lee Shau Kee has played a pivotal role in shaping Hong Kong's skyline through his real estate ventures. His company is responsible for iconic landmarks such as the International Finance Centre and the Grand Promenade.
3. Raymond Kwok
Next on the list is Raymond Kwok, the joint chairman and managing director of Sun Hung Kai Properties Limited. With a net worth of $25 billion, Kwok has successfully steered his family's real estate empire to new heights, cementing their position as one of Hong Kong's leading property developers.
4. Thomas Kwok
Joining his brother on this prestigious list is Thomas Kwok, also a joint chairman and managing director of Sun Hung Kai Properties Limited. With a net worth of $25 billion, Thomas Kwok has played a crucial role in expanding the company's footprint both domestically and internationally.
5. Cheng Yu-tung
Cheng Yu-tung, the founder of New World Development Company Limited, secures the fifth spot with a net worth of $20 billion. Cheng's business empire spans various industries, including real estate, jewelry, and hospitality. His contributions to Hong Kong's economy have been significant, with notable projects such as the Grand Hyatt Hong Kong and the International Commerce Centre.
6. Joseph Lau
Joseph Lau, the chairman of Chinese Estates Holdings Limited, takes the sixth position with a net worth of $18 billion. Lau's success in the real estate sector has propelled him to great heights, and he continues to make headlines with his high-profile art acquisitions.
7. Henry Cheng
Henry Cheng, the chairman of Chow Tai Fook Jewellery Group Limited, ranks seventh on our list with a net worth of $16 billion. Cheng's family business has been synonymous with luxury jewelry for decades, and he has expanded their operations globally, catering to an elite clientele.
8. Peter Woo
Peter Woo, the former chairman of Wheelock and Company Limited, secures the eighth spot with a net worth of $14 billion. Woo's business ventures have spanned various industries, including real estate, telecommunications, and media. His contributions to Hong Kong's economy have been substantial, making him a prominent figure in the business community.
9. Lui Che-woo
Lui Che-woo, the founder of K. Wah International Holdings Limited, ranks ninth on our list with a net worth of $12 billion. Lui's business interests extend beyond real estate and include sectors such as hospitality, entertainment, and construction. His entrepreneurial spirit has propelled him to great success.
10. Victor Li
Closing our list is Victor Li, the chairman of CK Hutchison Holdings Limited and CK Asset Holdings Limited. With a net worth of $10 billion, Victor Li has inherited his father Li Ka-shing's business empire and successfully expanded its operations across various industries.
These top 10 richest individuals in Hong Kong not only serve as a testament to the city's robust economy but also inspire future generations with their entrepreneurial acumen and philanthropic endeavors. Their contributions to Hong Kong's business landscape have been instrumental in shaping the city's global reputation as a financial powerhouse.
As we look ahead to the future, it will be fascinating to witness how these influential figures continue to drive innovation and shape Hong Kong's economic landscape for years to come.