Top Biz News
Li Ka-shing is HK's richest: Forbes
(Agencies)
Updated: 2010-02-05 11:00
 |
Large Medium Small |
21, Or Wai Sheun
$1.8 billion
Age: 58
Marital Status: Married
His Kowloon Development recovered from investment losses in 2008 in part through successful sales of luxury projects in Hong Kong, Macau. Working with Hong Kong's Urban Renewal Authority and Hong Kong Playground Association to create a combination sports stadium, youth center, commercial complex, residential tower.
22, David Li
$1.55 billion
Age: 70
Marital Status: Married, 2 children
His Bank of East Asia is back on track after 2008 run on shares due to discovery of undisclosed derivative trading losses. Stock soared on news that Malaysian billionaire Quek Leng Chan upped his stake in apparent takeover attempt. BEA then issued shares to 2 other banks in defensive move that diluted existing shareholders.
23, Francis Choi
$1.5 billion
Age: 63
Marital Status: Married, 3 children
Made initial fortune in toy manufacturing. Now owns dozens of properties in Hong Kong, including parking lots, malls, homes. Other assets include shares in Regal Hotels, Town Health, cars; expecting delivery of a new yacht this year.
24, Lui Che Woo
$1.47 billion
Age: 80
Marital Status: Married, 5 children
Construction tycoon who got early Macau gaming license is again a billionaire thanks to rebound in his Galaxy Entertainment. Upped budget of his megaresort on Cotai by 40%; plans to look for funding for resort, now expected to open in Q1 2011. Also leads property firm K. Wah International.
25, Helmut Sohmen
$1.39 billion
Age: 70
Marital Status: Married, 3 children
Austrian national settled in Hong Kong almost 40 years ago. Chairs BW Group, one of world's largest maritime groups. Wife is daughter of late shipping tycoon Yue-Kong Pao.
