Hong Kong, a bustling metropolis known for its towering skyscrapers and vibrant economic landscape, stands as a global financial hub and a beacon of prosperity. Within this dynamic environment, a select group of individuals have risen to the forefront, amassing immense fortunes that shape not only their lives but also the trajectory of the city itself. The “Top 50 Richest Persons in Hong Kong” epitomize the fusion of entrepreneurship, innovation, and hard work, serving as a testament to the boundless opportunities the city offers.
Hong Kong’s GDP contracted by 3.5% in 2022 as a result of export disruptions and a decline in domestic demand. However, once pandemic limitations were relaxed in late 2021 and unfettered travel resumed in January following a three-year gap, the likelihood of a recovery improved. The aggregate wealth of Hong Kong’s top 50 Richest Persons in Hong Kong only slightly decreased from $328 billion to $324 billion despite a 12% reduction in the benchmark Hang Seng index compared to our measurement a year earlier.
The order of the wealthiest people didn’t alter, with Li Ka-shing remaining at the top with $39 billion, an increase of $3 billion from the previous year that might partly be attributable to more recent data on his assets.
List of Top 50 Richest Persons in Hong Kong
This elite roster of tycoons represents a diverse array of industries, showcasing the resilience and adaptability required to flourish in the competitive business landscape of Hong Kong.
1. Li Ka-shing
Net Worth: $39 B
Li Ka-shing, often referred to as the “Superman” of Hong Kong, is one of Asia’s most prominent business magnates. Born in 1928, Li’s journey to success began from humble origins. He built his empire, CK Hutchison Holdings, through a diversified portfolio that includes real estate, telecommunications, infrastructure, energy, and retail.
His business acumen and ability to foresee market trends have been key drivers of his immense wealth. Li’s companies have a global presence, and his investments have left an indelible mark on numerous industries. He is renowned for his philanthropic efforts, contributing substantial sums to education, medical research, and disaster relief.
2. Lee Shau Kee
Net Worth: $30.3 B
Lee Shau Kee is another iconic figure in Hong Kong’s business scene. Born in 1928, he is the founder of Henderson Land Development, a major player in real estate and property development. Lee’s vision and strategic investments have propelled him to considerable wealth.
His influence extends beyond the business realm, as he has been instrumental in shaping Hong Kong’s urban landscape. Lee’s involvement in philanthropy, particularly in education and healthcare, has also contributed significantly to the betterment of the community.
3. Henry Cheng & family
Net Worth: $28.9 B
The Cheng family, led by Henry Cheng Kar-shun, has made substantial contributions to Hong Kong’s business sector. Their empire includes New World Development, a conglomerate involved in real estate, infrastructure, and hospitality. One of the richest persons in Hong Kong.
Under Henry Cheng’s leadership, the family has expanded its influence globally, leaving an imprint on skylines across the world. Apart from business endeavors, the Cheng family has been actively engaged in philanthropic initiatives, focusing on education, healthcare, and community development.
4. Lee siblings
Net Worth: $19.3 B
The Lee siblings, Adrian Lee and Michelle Lee, have made their mark as co-chairmen of the Lee Kum Kee Group, a renowned condiment company known for its iconic oyster sauce. The company was founded by their grandfather, Lee Kum Sheung, in 1888. One of the richest persons in Hong Kong.
Their dedication to quality and innovation has been instrumental in maintaining the company’s success. Beyond their business pursuits, the Lee siblings have also contributed to charitable causes, particularly those related to education and cultural preservation.
5. Peter Woo
Net Worth: $16.9 B
Peter Woo Kwong-ching is a respected figure in Hong Kong’s business circles. His career spans various sectors, including telecommunications, real estate, and finance. One of the richest persons in Hong Kong.
Woo’s tenure at Wheelock & Co. and his involvement in the development of Harbour City, one of Hong Kong’s largest shopping complexes, have solidified his position as a prominent business leader. Woo’s philanthropic efforts reflect his commitment to social welfare, with a focus on education and healthcare initiatives.
6. Kwong Siu-hing
Net Worth: $15.2 B
Kwong Siu-hing is a prominent figure in the Hong Kong business scene. As the matriarch of the family that founded the Sun Hung Kai Properties conglomerate, she played a significant role in its growth and success. One of the richest persons in Hong Kong.
Kwong Siu-hing’s entrepreneurial spirit and strategic investments have contributed to the development of iconic properties in Hong Kong and beyond. Her commitment to philanthropy is noteworthy, with contributions to various causes, including education and healthcare, making a positive impact on society.
7. Lui Che Woo
Net Worth: $14.9 B
Lui Che Woo is the founder of Galaxy Entertainment Group, a major player in the gaming and entertainment industry. His vision and determination have led the company to become a leader in Macau’s gaming sector, contributing significantly to his wealth.
Lui Che Woo’s commitment to corporate social responsibility is evident through his philanthropic efforts, which span areas such as education, medical research, and disaster relief. His contributions extend beyond business success, making him a respected figure in both the business and philanthropic communities.
8. Joseph Lau
Net Worth: $13.2 B
Joseph Lau Luen-hung is a high-profile businessman with interests in real estate, property development, and investments. As the chairman of Chinese Estates Holdings, Lau has played a significant role in shaping Hong Kong’s skyline.
His business strategies have garnered attention, and his investments have contributed to his substantial wealth. Lau’s philanthropic endeavors have focused on a wide range of causes, including healthcare, art, and culture, leaving a lasting impact on the community.
9. Joseph Tsai
Net Worth: $8.5 B
Joseph Tsai, co-founder of Alibaba Group, is a notable figure in both the technology and e-commerce sectors. Although born in Taiwan, Tsai has strong ties to Hong Kong through his business ventures and investments. One of the richest persons in Hong Kong.
His role in establishing Alibaba’s global presence has been instrumental in his rise to wealth. Beyond his business accomplishments, Tsai is recognized for his philanthropy, particularly in the areas of education and sports. His contributions reflect a commitment to social development and positive change.
10. Francis Choi
Net Worth: $8.2 B
Francis Choi Chee-ming is a self-made billionaire known for his success in the fashion and retail industries. As the chairman of Early Light International Holdings, Choi has overseen the growth of the company’s manufacturing and retail operations.
His keen business sense and ability to adapt to market trends have contributed to his substantial wealth. Choi’s philanthropic efforts have included contributions to various charitable causes, focusing on education and community development.
11. Law Kar Po
Net Worth: $7 B
Law Kar Po is a prominent Hong Kong businessman who founded the Lark International Group. His entrepreneurial journey began in the garment industry, and he later diversified his interests into real estate, finance, and other sectors.
Law’s strategic investments and business acumen have contributed to his substantial wealth. He is known for his low-profile demeanor and has made significant contributions to philanthropic causes, particularly in the fields of education and healthcare.
12. Tung Chee Hwa & Chee Chen & family
Net Worth: $6.5 B
Tung Chee Hwa is a notable figure in Hong Kong’s history, having served as the first Chief Executive of the Hong Kong Special Administrative Region. His family, including his brother Tung Chee Chen, has been involved in various business ventures, including shipping and real estate.
Tung Chee Hwa’s leadership during a crucial period of Hong Kong’s transition and his family’s business activities have played a role in their prominence. Their contributions to both the public and business sectors have left a lasting impact on the region. One of the richest persons in Hong Kong.
13. Michael Kadoorie
Net Worth: $6.3 B
Michael Kadoorie is the chairman of CLP Holdings, one of the largest power companies in the Asia-Pacific region. His family’s involvement in Hong Kong dates back several generations, and their contributions to the city’s development have been significant.
Kadoorie’s focus on sustainable energy and responsible business practices reflects his commitment to environmental and social concerns. His philanthropic efforts encompass a wide range of initiatives, including education, healthcare, and cultural preservation.
14. Horst Julius Pudwill
Net Worth: $6 B
Horst Julius Pudwill is the co-founder and chairman of Techtronic Industries, a multinational company known for its power tools and appliances. Pudwill’s leadership and innovative approach have driven the company’s success and global expansion.
His contributions to the business sector and his commitment to technological advancement have earned him recognition. Pudwill’s philanthropic endeavors have included support for education, medical research, and disaster relief efforts.
15. Jean Salata
Net Worth: $5.9 B
Jean Salata is the founder and chief executive officer of Baring Private Equity Asia, a leading private equity firm. His expertise in investment and finance has contributed to the firm’s growth and success in the Asian market. One of the richest persons in Hong Kong.
Salata’s influence extends beyond his business ventures, as he is known for his contributions to education and social development. His philanthropic initiatives reflect a dedication to improving opportunities and well-being in the communities where he operates.
16. Geoffrey & Jonathan Kwok
Net Worth: $5.8 B
Geoffrey and Jonathan Kwok are part of the Kwok family, which co-founded Sun Hung Kai Properties, one of Hong Kong’s largest and most influential real estate development companies. Their leadership roles within the company have helped shape the city’s urban landscape.
The Kwok family’s contributions to the business sector and their involvement in philanthropy, particularly in education and community development, underscore their commitment to positive change.
17. Helmut Sohmen
Net Worth: $5.5 B
Helmut Sohmen is a respected figure in the shipping industry and the founder of BW Group, one of the world’s leading maritime companies. His entrepreneurial spirit and dedication to excellence have positioned the company as a key player in global shipping.
Sohmen’s business acumen is matched by his commitment to environmental sustainability and corporate social responsibility. His philanthropic efforts include support for education and marine conservation. One of the richest persons in Hong Kong.
18. Thomas & Adam Kwok
Net Worth: $5.2 B
Thomas and Adam Kwok are part of the Kwok family and are involved in Sun Hung Kai Properties. Their contributions to the company’s development projects and real estate ventures have been significant.
The Kwok family’s legacy extends to their commitment to philanthropy, with a focus on education and community welfare. Thomas and Adam Kwok continue to be influential figures in both the business and social sectors.
19. Raymond, Edward & Christopher Kwok
Net Worth: $5.1 B
Raymond, Edward, and Christopher Kwok, also part of the Kwok family, have been actively involved in Sun Hung Kai Properties and its diverse real estate ventures. One of the richest persons in Hong Kong.
Their collective efforts have contributed to the company’s growth and impact on Hong Kong’s urban development. The Kwok family’s dedication to philanthropy is evident through their support for various charitable causes, reflecting a commitment to social betterment.
20. Richard Li
Net Worth: $4.7 B
Richard Li is a businessman with interests in telecommunications, technology, and finance. He is the chairman of Pacific Century Group and has been involved in various ventures across different sectors. One of the richest persons in Hong Kong.
Li’s entrepreneurial spirit and strategic investments have positioned him as a notable figure in Hong Kong’s business landscape. His contributions extend to philanthropy, where he has supported initiatives in education, healthcare, and technology.
21. Yeung Kin-man & Lam Wai-ying
Net Worth: $4.4 B
Yeung Kin-man and Lam Wai-ying are known for their co-founding of Biel Crystal, a leading manufacturer of touchscreens and covers for smartphones and other electronic devices. One of the richest persons in Hong Kong.
Their entrepreneurial spirit and innovation have propelled the company to global recognition, and their contributions to the technology sector have been significant. Beyond business, their philanthropic endeavors reflect a commitment to education and community development.
22. Pansy Ho
Net Worth: $3.8 B
Pansy Ho is a prominent businesswoman and the daughter of Macau casino magnate Stanley Ho. Her influence extends across multiple industries, including gaming, hospitality, and entertainment. One of the richest persons in Hong Kong.
Pansy Ho’s leadership roles and strategic investments have contributed to the success of various ventures. Her contributions to Macau’s tourism and entertainment sectors have played a role in the region’s development.
23. Patrick Lee
Net Worth: $3.7 B
Patrick Lee is a respected entrepreneur in Hong Kong, known for his involvement in the property development sector. He is the chairman of Henderson Land Development and has been instrumental in the company’s growth and success.
Lee’s contributions to urban development and real estate projects have left a lasting impact on the city’s skyline. His dedication to philanthropy is evident through his support for educational initiatives and social welfare programs.
24. Edwin Leong
Net Worth: $3.65 B
Edwin Leong is a businessman with diverse interests, including real estate, property development, and investment. He is the founder of Tai Hung Fai Enterprise and has been involved in various projects that have shaped Hong Kong’s urban landscape.
Leong’s strategic investments and business acumen have contributed to his success. His philanthropic efforts reflect a commitment to social development, particularly in the areas of education and healthcare.
25. Samuel Tak Lee
Net Worth: $3.6 B
Samuel Tak Lee is a notable figure in the real estate and property development sectors. His investments and ventures have contributed to the transformation of urban spaces in Hong Kong and other cities.
Lee’s business strategies and commitment to innovation have positioned him as a key player in the industry. His philanthropic endeavors, focused on education and community betterment, showcase his dedication to positive change.
26. Rita Tong Liu
Net Worth: $3.5 B
Rita Tong Liu is a prominent businesswoman and philanthropist known for her involvement in the property development and investment sectors. She is the co-founder of Chinachem Group and has played a significant role in the company’s growth.
Liu’s contributions to real estate projects and her leadership in the business world have earned her recognition. Her philanthropic efforts have encompassed a wide range of causes, including education and social welfare.
27. Chan Tan Ching-fen
Net Worth: $3.2 B
Chan Tan Ching-fen is a successful entrepreneur with interests in the fashion and retail sectors. She is the founder of the TAL Group, a leading garment manufacturer. One of the richest persons in Hong Kong.
Chan’s commitment to quality and innovation has contributed to the company’s success. Her contributions to the fashion industry have been recognized, and her philanthropic efforts have focused on education and community development.
28. Or Wai Sheun
Net Worth: $3.15 B
Or Wai Sheun is a respected figure in the property development sector. He is the chairman of Kowloon Development Company, which has been involved in various real estate projects. One of the richest persons in Hong Kong.
Or’s business strategies and contributions to urban development have left a mark on Hong Kong’s cityscape. His philanthropic endeavors have included support for educational initiatives and community welfare.
29. Wong Man Li
Net Worth: $3.1 B
Wong Man Li is an entrepreneur known for his involvement in the technology and investment sectors. He is the chairman of Freetech Road Recycling Technology Holdings, a company focused on road recycling technology.
Wong’s business ventures and contributions to technological innovation have positioned him as a notable figure in his field. His philanthropic efforts reflect a dedication to social well-being and community development.
30. Ronald McAulay
Net Worth: $3 B
Ronald McAulay is a respected businessman and philanthropist known for his contributions to the shipping and maritime sectors. One of the richest persons in Hong Kong.
He is the chairman of the Wah Kwong Maritime Transport Holdings Group. McAulay’s leadership and expertise in the industry have contributed to the success of the company.
31. Harindarpal Banga
Net Worth: $2.75 B
Harindarpal Banga is a successful entrepreneur known for his involvement in the banking and financial sectors. He is the co-founder of Noble Group, a commodity trading company. Banga’s business acumen and strategic investments have contributed to his success in the industry.
His contributions to the financial world have earned him recognition, and his philanthropic efforts reflect a commitment to social well-being and community development. One of the richest persons in Hong Kong.
32. Angela Leong
Net Worth: $2.7 B
Angela Leong is a businesswoman and entrepreneur with interests in gaming, hospitality, and entertainment. She is a prominent figure in Macau’s casino industry and holds leadership positions in various companies.
Leong’s contributions to the gaming and hospitality sectors have played a role in the region’s development. Her philanthropic initiatives focus on education and social welfare, showcasing her dedication to community betterment.
33. Tang Xiao’ou
Net Worth: $2.5 B
Tang Xiao’ou is a notable figure in the field of artificial intelligence and technology. He is a co-founder of SenseTime, a leading AI company known for its contributions to facial recognition technology and computer vision.
Tang’s innovative work and leadership in the technology sector have earned him recognition. His contributions to AI research and his entrepreneurial spirit reflect a commitment to technological advancement and progress.
34. Martin Lau
Net Worth: $2.35 B
Martin Lau is a prominent businessman in the technology and investment sectors. He is the president of Tencent Holdings, one of the world’s largest technology companies. One of the richest persons in Hong Kong.
Lau’s strategic leadership and contributions to Tencent’s growth have positioned him as a key player in the industry. His philanthropic efforts focus on education and community development, reflecting a dedication to positive change.
35. David Fong & family
Net Worth: $2.3 B
David Fong and his family are known for their involvement in the business and hospitality sectors. He is the deputy chairman and managing director of Shun Tak Holdings, a conglomerate with interests in real estate, hospitality, transportation, and other industries.
Fong’s contributions to business development and urban projects have left a mark on Hong Kong’s landscape. The family’s commitment to philanthropy includes support for education and community initiatives.
36. Tang Yiu
Net Worth: $2.25 B
Tang Yiu is a successful entrepreneur with interests in real estate and property development. He is the founder of Phoenix Property Investors, a company involved in real estate investment and development.
Tang’s strategic investments and business acumen have contributed to his success in the industry. His philanthropic efforts focus on education and community welfare, reflecting a commitment to social betterment.
37. Daniel Chiu
Net Worth: $2.2 B
Daniel Chiu is a respected businessman known for his involvement in the telecommunications and technology sectors. He is the co-founder and executive director of Hong Kong Broadband Network (HKBN), a major broadband service provider.
Chiu’s leadership and contributions to the telecommunications industry have earned him recognition. His philanthropic endeavors reflect a commitment to education and community development.
38. Michael Ying
Net Worth: $2.1 B
Michael Ying is a businessman and entrepreneur known for his involvement in the real estate and property development sectors. He is the chairman of Shun Cheong Holdings, a company with interests in property investment and development.
Ying’s contributions to urban development projects have left a lasting impact on Hong Kong’s cityscape. His philanthropic efforts encompass a wide range of causes, including education and social welfare.
39. Robert Miller
Net Worth: $1.9 B
Robert Miller is a prominent businessman and entrepreneur known for his involvement in the technology and electronics sectors. He is the founder of Future Electronics, a global distributor of electronic components.
Miller’s strategic leadership and business acumen have contributed to the company’s success. His philanthropic efforts reflect a commitment to education and community development.
40. Victor & William Fung
Net Worth: $1.85 B
Victor and William Fung are brothers known for their contributions to the business and retail sectors. They are the founders of Li & Fung Limited, a global supply chain management company. One of the richest persons in Hong Kong.
The Fung brothers’ strategic investments and innovations in supply chain management have positioned them as key players in the industry. Their philanthropic endeavors focus on education and community welfare, showcasing a dedication to positive change.
41. Jim Thompson
Net Worth: $1.8 B
Jim Thompson is a respected businessman known for his involvement in the fashion and textiles industries. He is the founder of Jim Thompson Thai Silk Company, a company renowned for its high-quality silk products.
Thompson’s contributions to the promotion of Thai silk and traditional craftsmanship have earned him recognition. His entrepreneurial spirit and dedication to preserving cultural heritage have left a lasting impact.
42. Goodwin Gaw & family
Net Worth: $1.75 B
Goodwin Gaw and his family are known for their involvement in the real estate and property development sectors. He is the chairman of Gaw Capital Partners, a global real estate private equity firm. One of the richest persons in Hong Kong.
Gaw’s strategic investments and contributions to urban development projects have positioned him as a key player in the industry. His philanthropic efforts reflect a commitment to education and social welfare.
43. Vincent Lo
Net Worth: $1.7 B
Vincent Lo is a prominent businessman known for his involvement in the real estate and property development sectors. He is the chairman of Shui On Group, a company with interests in property investment and development.
Lo’s contributions to urban development projects, including the Xintiandi development in Shanghai, have left a lasting impact. His philanthropic efforts focus on education and community development.
44. Li Sze Lim
Net Worth: $1.6 B
Li Sze Lim is a respected businesswoman known for her involvement in the fashion and retail sectors. She is the chairperson of the Lai Fung Holdings Group, a company with interests in property development and fashion retail.
Li’s contributions to the fashion industry and her entrepreneurial spirit have positioned her as a notable figure in her field. Her philanthropic efforts reflect a commitment to education and community welfare.
45. Gordon Wu
Net Worth: $1.5 B
Gordon Wu is a notable figure in the engineering and infrastructure sectors. He is the chairman of Hopewell Holdings, a conglomerate involved in infrastructure development and property investment.
Wu’s contributions to major infrastructure projects, including the construction of highways and bridges, have left a mark on urban development. His strategic investments and business acumen have earned him recognition.
46. Lawrence Ho
Net Worth: $1.4 B
Lawrence Ho is a prominent businessman known for his involvement in the gaming and entertainment industries. He is the chairman and CEO of Melco Resorts & Entertainment, a company with interests in casinos and integrated resorts.
Ho’s contributions to Macau’s gaming sector and his leadership in the entertainment industry have positioned him as a key player. His philanthropic efforts reflect a commitment to education and community betterment.
47. Allan Wong
Net Worth: $1.2 B
Allan Wong is a respected entrepreneur known for his involvement in the technology and electronics sectors. He is the co-founder of VTech Holdings, a multinational electronic toy company.
Wong’s strategic leadership and contributions to the technology industry have positioned him as a key player. His philanthropic efforts focus on education and community development. One of the richest persons in Hong Kong.
48. Zhuo Jun
Net Worth: $1.1 B
Zhuo Jun is a notable figure in the property development and real estate sectors. He is the chairman and founder of Fullshare Holdings, a company involved in property investment and development. One of the richest persons in Hong Kong.
Zhuo’s strategic investments and contributions to urban development projects have positioned him as a key player in the industry. His philanthropic endeavors reflect a commitment to education and social well-being.
49. Pollyanna Chu
Net Worth: $990 M
Pollyanna Chu is a businesswoman known for her involvement in the finance and investment sectors. She is the founder and CEO of Kingston Financial Group, a company with interests in financial services and investment.
Chu’s strategic investments and contributions to the finance industry have positioned her as a notable figure. Her philanthropic efforts reflect a commitment to education and community betterment. One of the richest persons in Hong Kong.
50. Kenneth Lo
Net Worth: $965 M
Kenneth Lo is a prominent businessman known for his involvement in the fashion and retail sectors. He is the founder of the Crystal Group, a leading garment manufacturer. One of the richest persons in Hong Kong.
Lo’s contributions to the fashion industry and his entrepreneurial spirit have earned him recognition. His philanthropic endeavors focus on education and community development.
Conclusion
In the luminous tapestry of Hong Kong’s economic landscape, the Top 50 Richest Persons in Hong Kong emerge as pillars of success, embodying the spirit of enterprise that defines this vibrant city. Their transformative influence extends beyond wealth, as their philanthropic efforts and strategic investments contribute to the growth and well-being of Hong Kong’s society.
As we gaze upon this constellation of wealth and achievement, we recognize that these individuals are more than just names on a list – they are the architects of Hong Kong’s economic evolution, guiding the city toward new horizons of prosperity and innovation.
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