Forbes Hong Kong Rich List 2010

Complete list of "Forbes" Hong Kong's 40 richest people in 2010

1 Li Ka-shing

Net worth: US$21.3 billion

Age: 81 Years old

Widowed with 2 children

His Cheung Kong Holdings bought Rusal worth US$100 million before the company went public in Hong Kong in January this year. shares; his Hutchison Whampoa offered $545 million to take its telecommunications subsidiary privately. Li Ka-shing has been buying shares in these two companies. Husky Energy, in which he holds a large stake, discovered a large gas field in the South China Sea in 2009.

2 Lee Shau Kee’s net worth: US$19 billion

Age: 82 years old

Divorced, father of 5 children

Strong personal wealth The rebound was driven in part by a doubling of shares in his shares of Henderson Land. It has substantial investments in blue chip stocks such as China Shenhua. Lee Shau-kee is also the chairman of Hong Kong and China Gas Company, which provides gas distribution services in 90 cities.

3 The Kwok family

Net worth: US$17 billion

After Kwok Bingxiang was in charge of Sun Hung Kai Properties for 18 years, he finally gave way to two younger brothers Guo Bingjiang and Guo Binglian. Last year he voluntarily dropped the lawsuit against the company's board of directors and is now a non-executive director of the company. The Kuok brothers’ mother, Kuang Xiaoqing, is currently the non-executive chairman. The International Commerce Center, the tallest building built by Sun Hung Kai in Hong Kong, is about to be completed. In May last year, the company also opened a real-life version of Noah's Ark in Hong Kong, attracting many tourists.

4 Zheng Yutong’s net worth: US$7 billion

Age: 84 years old

Married with 4 children

Last year 12 In March, his New World Group created a Facebook page. The company is said to be recruiting banking talent in preparation for its upcoming bond roadshow. Zheng Yutong’s personal investment company bought shares in Mingfeng Jewelry, New Era Energy and Evergrande Real Estate.

5 Liu Luanxiong

Net worth: US$6 billion

Age: 59 years old

Divorced, with 4 children

As one of the largest real estate developers in Hong Kong, most of the real estate projects developed by Liu Luanxiong's Chinese Real Estate Group maintained an occupancy rate of 90% even during the economic recession. Mainland China's first development project begins in Chengdu. He spent US$9.5 million to buy a 7.03-carat diamond as a gift to his youngest daughter Liu Xiuhua.

6 Michael Kadoorie Net Worth: US$5 billion

Age: 68 years old

Married with 3 children

CLP Holdings is still his core asset, but his best-performing asset last year was the Hong Kong and Shanghai Hotel. In addition, he also opened the Peninsula Hotel in Shanghai.

7 Wu Guangzheng Net Worth: US$4.2 billion

Age: 64 years old

Married

Last year his Wheelock Group With the real estate industry rebounding strongly. Wheelock Plaza, developed in Jing'an District, Shanghai, is about to be completed. The group's cable TV network is applying for a license to broadcast free satellite television.

8 Chen Dinhua’s net worth: US$3.2 billion

Age: 87 years old

His Nan Fung Group first started in the textile industry, but now it has It developed into a large real estate developer and also got involved in the shipping industry. Cooperate with HSBC Bank to invest in real estate projects in mainland China. The two companies recently established a joint venture with Tesco in the UK to jointly invest in the development of large shopping malls.

9 Feng Guolun’s net worth: US$3 billion

Age: 60 years old

Married with 1 child

Li & Fung Group General Manager. He is a brother to Feng Guojing, the chairman of the group.

10 Feng Guojing

Net worth: US$2.9 billion

Age: 63 years old

Married with 2 children

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Li & Fung Group, founded by his father, took over the Asian purchasing business of Liz Claiborne last year and became the exclusive global clothing purchasing agent of Talbots. Feng Guolun currently serves as the general manager of Li & Fung Group, while Feng Guojing, an American citizen, serves as the group chairman.

11 Dong Jiancheng’s net worth: US$2.89 billion

Age: 66 years old

Orient Overseas, the family’s shipping company, lost US$231 million in the first half of 2009 , but the company’s stock price rose strongly in January this year after it sold a mainland property worth US$2.2 billion. Tung Jiancheng’s elder brother, Tung Chee Hwa, served as Hong Kong’s Chief Executive from 1997 to 2005. Dong Jiancheng is currently the Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference.

12 Ronnie and Gerald Chen (brothers Chen Qizong and Chen Lezong) Net worth: US$2.6 billion

Age: 60/58 years old

Leaded by Chen Qizong 40% of Hang Lung Real Estate’s rents come from Shanghai, and its development projects include landmark buildings such as Plaza 66. Hang Lung also has investments in Dalian, Tianjin and other cities.

Morningside Group, led by Chen Lezhong, is mainly involved in the fields of media, Internet and life sciences.

13 Xing Li? Net worth: US$2.5 billion

Age: 60 years old

Married with 3 children

Married with 3 children

Former CEO of Esprit. He gradually reduced his stake in the company, cashing out a total of nearly $2 billion. However, Xing Li still holds nearly 9% of Esprit's shares. In the latest financial report, the company's profits fell for the first time in 10 years. His wife is Taiwanese movie star Brigitte Lin.

14 Richard Elman Net worth: $2.3 billion

Age: 69 years old

Married with 4 children

Elman, a British citizen, has been running the Noble Group in Hong Kong for more than 20 years. It recently sold part of its shares to China Investment Group, but still holds a 24% stake in Noble. He grew up in Brighton and dropped out of school at 15. He was engaged in the scrap business in the United States, Japan, Thailand and India, and later became the regional director of futures trader Phibro.

15 Li Yunqiang’s net worth: US$2.25 billion

Age: 66 years old

Married with 5 children

Lee Man The founder of papermaking. His personal wealth fell from US$3.2 billion to US$485 million last year. However, due to the strong rebound of the company's stocks, his wealth has soared more than four times this year. He is the richest person on this list with the largest increase in assets.

16 Wu Bugang and Wu Bugao Net worth: US$2.23 billion

Age: 72/71 years old

In 2008, the two merged the family's Wing Lung Bank It was sold to China Merchants Bank at 3 times the book value, thus making a lot of cash.

17 Stanley Ho’s net worth: US$2.1 billion

Age: 88 years old

Married with 17 children

Macau Gambling Wang's personal fortune rebounded. Its Macau Tourism and Entertainment Company acquired the Mandarin Oriental Hotel in Macau last year and renamed it the Grand Lapa Hotel. There are also real estate investments in mainland China. He was briefly hospitalized due to illness last year, and rumors about his successor spread.

18 Deng Yao Net worth: 2 billion US dollars

Age: 74 years old

Married

Founder of Belle International. Belle is mainland China's largest women's shoe retailer, with more than 7,000 stores, and its stock price tripled last year as consumer spending soared. He shares his wealth with his daughter Deng Yingshi and recently transferred more equity to her daughter. Tang Yao started working as an apprentice in the 1950s, and in the late 1970s he began cooperating with factories in the mainland to produce leather shoes for sale in Hong Kong.

19 Luo Kangrui’s net worth: US$1.95 billion

Age: 61 years old

Married with 2 children

"Shanghai Uncle" is rethinking his strategy.

20 Li Silin Net worth: US$1.9 billion

Age: 51 years old

Married

Chairman of R&F Real Estate. As China's real estate market picks up, the company's stock price has also rebounded strongly. Li Silian serves as an adjunct professor at Sun Yat-sen University and Jinan University.

21. Ke Weixiang

Net worth: US$1.8 billion

Age: 58 years old

Chairman of Kowloon Construction. Through the successful sales of high-end properties in Hong Kong and Macao, the investment losses in 2008 were recovered. It is jointly developing comprehensive sports venues, commercial centers and residential projects with the Hong Kong Urban Renewal Authority and the Hong Kong Playground Association.

22. Li Guobao

Net worth: US$1.55 billion

Age: 70 years old

Married with 2 children

His Bank of East Asia was hit by a selling spree in 2008 due to undisclosed losses on derivatives trading, but it is now back on track. The bank's share price soared as Malaysian billionaire Kuok Ling Chan increased his stake in the bank in an attempt to acquire it. In order to block Guo Lingcan's acquisition, Bank of East Asia sold shares to two other banks, thus diluting the equity of existing shareholders.

23. Jimmy Choi

Net worth: US$1.5 billion

Age: 63 years old

Married with 3 children< /p>

Make a fortune by making toys. Now he owns many assets in Hong Kong, including parking lots, shopping malls and luxury homes. Holds shares in Regal Hotel Hong Kong.

24. Lui Che-woo

Net worth: US$1.47 billion

Age: 80 years old

Married with 5 children

Construction tycoon Lui Che-woo obtained Macau’s casino operating license very early. As the performance of his Galaxy Entertainment Group rebounded, his net worth also rose. Financing is being sought for the resort, which will open in 2011. K. Wah International is also one of its many assets.

25. Su Haiwen

Net worth: US$1.39 billion

Age: 70 years old

Married with 3 children< /p>

The Australian citizen has settled in Hong Kong for nearly 40 years and is the chairman of Universal Group, one of the world's largest shipping organizations. His wife is the daughter of the late shipping king Pao Yugang.

26. Li Zekai

Net worth: US$1.3 billion

Age: 43 years old

Single with 3 children

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Due to the court's decision, PCCW's US$2.1 billion privatization plan was aborted. The company later distributed special one-time cash dividends to shareholders, including Li Zekai. Established a joint venture with Mainland China's "Finance" magazine to create news services. It is in talks to acquire the asset management business of American International Group (AIG) for $500 million. Actress Liang Luoshi gave birth to a son in April last year.

27. Chen Yongjian, Chen Hanjie

Net worth: 1.29 billion U.S. dollars

Age: 62/66 years old

Due to the decline of Spring Department Store last year It was successfully listed in December, and the brothers were shortlisted for the first time on the rich list. Both are Canadian nationals, but have settled in Hong Kong for a long time.

28. The heir of Li Ting-cheong

Net assets: US$1.25 billion

Hysan Industrial, founded by Li Ting-cheong’s grandfather Li Hysan, is known as Hong Kong’s largest company. After the death of the third-generation owner of the bustling shopping district of Causeway Bay, Causeway Bay, in October last year, his wealth was shared by other family members, Li Xianbin, Li Qian and Li Derong.

29. Xu Shixun

Net assets: US$1.2 billion

He runs China Construction Engineering Corporation with his family and owns many valuable assets such as China Construction Building in Hong Kong. assets.

30. Wang Suizhong

Net worth: US$1.15 billion

Age: 59 years old

Married with 4 children< /p>

Chairman of Johnson Electric. The company's improved prospects doubled his personal wealth. A factory was opened in Chennai, India in January this year. It received a US$400 million loan in December last year, which will be used to refinance debt.

31. Luo Jiarui

Net worth: US$1.15 billion

Age: 59 years old

Married with 4 children< /p>

The brother of Luo Kangrui (No. 19 on this list), the boss of the real estate developer and hotel operator Great Eagle Group. In 2009, the Langham Yangtze Boutique Hotel was opened in Shanghai.

32. Huang Zixin

Net worth: US$1.06 billion

Age: 59 years old

Married with 2 children< /p>

In 1976, he co-founded VTech Corporation to produce home video game consoles. Today the company has become one of the largest cordless phone manufacturers in the world. VTech's products also include electronic educational toys.

33. Huang Jianhua

Net worth: US$1.05 billion

Age: 58 years old

Owned by 3 brothers*** Real estate developer Chyau Fwu has hotel and residential projects in Asia and Europe.

34. Pang Xiong Shaozhu

Net worth: US$1 billion

Age: 88 years old

Widowed with 7 children< /p>

He co-founded Shaorong Iron and Steel in 1950 with his late husband Pang Dingyuan. Today the company is Hong Kong's only remaining steel producer. Most of the family's wealth came from asset sales in 1997. At the age of 88, he continues to work.

35. Cai Guanshen

Net worth: US$950 million

Age: 52 years old

Married with 5 children< /p>

Transformed the Sunwah Group founded by his father from a seafood trader into a comprehensive enterprise integrating real estate, infrastructure construction and finance. Currently serves as the Chairman of the Chinese General Chamber of Commerce of Hong Kong.

36. Fang Runhua

Net assets: US$940 million

Age: 75 years old

Hip Shing Hong Group (Hip Shing Hong) ) has at least 1.5 million square meters of rental area in Hong Kong, and its assets include Hip Shing Hong Centre, various shopping malls and luxury apartments. Fang Runhua is a famous philanthropist. Two buildings in the Chinese University of Hong Kong are named after him and his father.

37. Harindarpal Banga

Net worth: US$890 million

Age: 59 years old

He was recruited by Ellman 20 years ago to assist him in running the Noble Group. As vice chairman, he currently holds 9% of the company's shares. Bongo owns homes in Hong Kong, New York and India, where he was born.

38. Hu Yingxiang

Net worth: US$870 million

Age: 74 years old

Married with 4 children< /p>

His Hopewell Group has invested extensively in highways and power industries in the Pearl River Delta. Hu Yingxiang graduated from the Department of Civil Engineering of Princeton University in the United States in 1958.

His father, Hu Zhong, was the "taxi king" of Hong Kong in his early years.

39. Luo Jiabao

Net worth: US$860 million

Age: 59 years old

Married with 3 children

Grown up in a knitting family. He has built his personal wealth through Baile Group, and his daughter Luo Yingyi is assisting him in developing the luxury department store chain brand Yingwu Department Store.

40. Tang Xiangqian

Net worth: US$850 million

Age: 87 years old

Founder of printed circuit board manufacturer Meadville Holdings people. In December last year, Meadville Holdings announced that it would sell assets and delist. The industry generally believed that Tang Xiangqian's move was to help his son Tang Yingnian become the next chief executive of Hong Kong.