Although there is a cool down in different property markets over the past year, there are more real estate billionaires in 2015 than that of the previous year as recorded by FORBES with a total of 157 real estate tycoons.
More than half of the 20 richest property moguls are from the Asian-Pacific nations. There are seven from Hong Kong, three from China, four from America, three from UK and one each from Singapore, United Arab Emirates and Taiwan.
The richest estate mogul is Hong Kong’s Lee Shau Kee who has an estimated worth of US$24.8 billion. He is dubbed as one of the richest landlords in Hong Kong who has properties not just in Hong Kong but also on the mainland of China, Domain reported.
He is an investor in Hong Kong’s iconic International Financial Center and was also involved in projects which include the Henderson Metropolitan along Nanjing West Road near the Bund. He also has control over the Miramar Hotel and Hong Kong and China Gas.
Here are the 20 real estate billionaires as listed by Forbes.
1. Lee Shau Kee, Hong Kong, US$24.8 billion
2. Wang Jianlin, China, US$24.2 billion
3. Thomas and Raymond Kwok, Hong Kong, US$15.9 billion
4. Donald Bren, US, US$15.2 billion
5. Cheng Yu-tung, Hong Kong, US$14.4 billion
6. David and Simon Reuben, UK, US$13.7 billion
7. Gerald Cavendish Grosvenor, UK, US$12.6 billion
8. Joseph Lau, Hong Kong, US$10.9 billion
9. Robert and Philip Ng, Singapore, US$9.6 billion
10. Pan Sutong, Hong Kong, US$8.6 billion
11. Peter Woo, Hong Kong, US$8.6 billion
12. Charles Cadogan and Family, UK, US$7.2 billion
13. Walter Kwok, Hong Kong, US$7 billion
14. Stephen Ross, US, US$6.5 billion
15. Richard LeFrak and Family, US$6.4 billion
16. Stan Kroenke, US, US$6.3 billion
17. Majid Al Futtaim, United Arab Emirates, US$6.2 billion
18. Hui Ka Yan, China, US$6.2 billion
19. Chan Laiwa and Family, China, US$6.1 billion
20. Lin Yu-lin, Taiwan, US$5.7 billion
