Hong Kong’s 15 richest people ranked – Li Ka-shing, Lee Shau-kee, Michael Kadoorie and more billionaires’ true wealth revealed
Thomas Kwok, Henry Cheng, Raymond Kowk and Peter Woo all rank high on Bloomberg’s Billionaires Index – some are self-made and built their fortunes through real estate and investments while others inherited wealth from their families – but how much do they really have?
The 15 richest people from Hong Kong are collectively worth more than US$200 billion.
Some of the billionaires occupying the top ranks of the Bloomberg Billionaires Index and Forbes’ Billionaires List are self-made property tycoons – like Li Ka-shing, who founded CK Hutchison Holdings. Others inherited wealth from their families, like Lee Man-tat, whose grandfather is credited with having invented oyster sauce.
All net worths below are sourced from Bloomberg unless otherwise noted.
15. Geoffrey Kwok
Net worth: US$6.45 billion
Age: 35
Territory: Hong Kong
Industry: Real estate
Source of wealth: Inherited
Net worth year-over-year change: Down US$987 million in the last year
Geoffrey Kwok’s grandfather, Kwok Tak-seng, founded Sun Hung Kai Properties, the largest property developer in Hong Kong. Kwok’s father, Walter, served as chairman of the company until 2008 when his brothers Thomas and Raymond took over. Walter then started his own property developer, Empire Group Holdings. Walter died in 2018, after which Kwok and his brother, Jonathan, took over the company.