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5, Joseph Lau, Luen-hung
Joseph Lau, Luen-hung, Chairman & CEO of Chinese Estates. [Agencies] |
Chairman & CEO of Chinese Estates
$6 billion
Age: 59
Marital Status: Divorced, 4 children
One of Hong Kong's biggest landlords kept occupancy rates above 90% at his Chinese Estates despite downturn. Launched first development in Chengdu. Spent $9.5 million for a 7.03-carat blue diamond, which he renamed "Star of Josephine" after youngest daughter.