Top Biz News
Li Ka-shing is HK's richest: Forbes
(Agencies)
Updated: 2010-02-05 11:00
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3, Kwok family
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Walter Kwok, Ping-sheung,Non-Executive Director of SHKP. [Xinhua] |
$17 billion
Walter, who ran family's property firm SHKP for 18 years before being replaced by his 2 younger brothers, Thomas and Raymond, in 2008, dropped his lawsuit alleging improper dismissal last year and is now a nonexecutive director. Mother, Kwong Siu-hing, is nonexecutive chairman. Firm is finishing construction of Hong Kong's tallest building, the International Commerce Center. Opened replica of Noah's Ark in Hong Kong in May as tourist attraction.
4, Cheng Yu-tung
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Cheng Yu-tung, chairman of New World Development. [Agenceis] |
Chairman of New World Development
$7 billion
Age: 84
Marital Status: Married, 4 children
His New World Development, which launched a Facebook page in December, reportedly hired bankers for upcoming debt road show. Cheng's personal investment firm bought stakes in Ming Fung Jewelry, New Times Energy, property firm Evergrande.
