TOP 10 REAL ESTATE TYCOONS IN THE WORLD

  1. Lee Shau-Kee

Net Worth: US$32.3 Billion

Lee shau-Kee, a 91 year old world’s richest real estate tycoon and philanthropist who ranks as the 2nd richest man in Hong Kong, and the 29th richest person in the world. He was born on 29th January 1928, at the Shunde district, Foshan, China.

The Nonagenarian is the highest shareholder of Henderson Land Development – a real estate conglomerate with an interest in hotels and internet services.

In addition, Lee Shau-kee is known to have five children namely – Martin Lee Ka-Shing, Peter Lee Ka-kit, Pui Man Lee, Pui Ling Lee, Pui Yee Lee – all heirs to his fortunes.

  1.  Hui Ka Yan

Net Worth – US$26.8 Billion

Narrowly missing out on a place at the top of our leaderboard is Hui Ka Yan, a businessman who Forbes ranks as the 3rd richest person in China, and the 22nd richest person in the world.

Hui’s extensive wealth comes courtesy of his position as chairman of Evergrande Group, one of China’s biggest and most profitable real estate groups.

Hui founded the group in 1996, specializing in buying up cheap properties in developing markets and then selling them on for a profit. The group now has more than 800 projects in over 280 cities, as well as the majority of Guangzhou Evergrande, one of China’s most successful soccer teams.

  1. Yang Hui yan

  Net Worth- US$27 Billion

The richest woman to make our list is Yang Huiyan. The Chinese billionaire’s wealth derives from her 57% stake in the real estate developer Country Garden Holdings, which she inherited on the death of her father, Yeung Kwok Keung, in 2007. In addition to her activities with the property group, Yang serves as the chair of the education company, Bright Scholar Education Holdings, the largest, publicly owned operator of international and bilingual K-12 schools in China. Thanks to her net worth of $23.4 billion, Yang holds the title of the richest woman in Asia.

  1. Wang Jianlin

Net Worth-US$20.2 Billion

With over 260 plazas in China, Dalian Wanda Group ranks as the largest commercial real estate developer in China, and its chairman, Wang Jianlin, as the fourth richest person in China. Although he’s scaled back his activities in recent years, Jianlin still holds the mammoth net worth of $20.2 Billion

  1. David Reuben and Simon Reuben

Net Worth- US16-US$18 Billion

 Simon Reuben and his brother, David Ares, a real estate, technology, and investments fortune. The British brothers David Reuben and Simon Reuben are currently considered to be the 6th richest people in the world with interest in real estate.

The combined wealth of the brothers makes them the 60th richest people in the world in 2016 according to the foremost FORBES magazine. Their business ventures began in earnest in the early 1990s, when the brothers invested in the Russian metal markets. In the early 2000s, changes in the Russian market led them to sell their Russian assets and reinvest in the UK property market. They’ve since acquired numerous notable properties (predominantly in the capital), including Millbank Tower; the John Lewis Partnership headquarters in Victoria; the American Express offices in Victoria; Carlton House SW1; Academy House on Sackville Street; Connaught House on Berkeley Square; Market Towers; the London Primark store on Oxford Street; Sloane Street shops; and Cambridge House, the former premises of the Naval and Military Club. The brother’s wealth has increased exponentially over the past decade, and they now rank as Britain’s 2nd richest family.

David is currently considered to be the third richest Briton. The combined wealth of the brother’s ties with that of Cheng above.

  1. Donald Bren

Net Worth- US$17 Billion

Donald Leroy Bren was born on May 11, 1932, in Los Angeles, California, US. The American billionaire is known to have interest in various businesses including properties.

He is a graduate of the school of business at the University of Washington. Donald is currently the founder and the sole shareholder of the real estate firm Irvine Company.

The estimated net worth of Donald Bren is $17 billion. Working as a realtor, he invested in a company called Irvine that owned 93,000 acres of property in South Carolina. It was a joint venture that he started with his five partners. He owned more than 34 percent shares initially. But by the year 1996, he became the sole proprietor of the company. He purchased all the shares. He ranks 7th in the list of top real estate billionaires in the world.

In 1958, he requested a bank loan of $10,000 to launch his first company.One of the most significant accomplishments of Donald Bren is the development of Orange County in the USA. He is praised for starting successful projects for the County.

Today, this real estate king controls 115 million square feet of property in South Carolina besides other properties. These properties include several marines, hotel chains, office buildings, golf courses, more than 30 shopping centres, and many apartment complexes.

Bren also owns a 97 percent share in the MetLife Manhattan building. Outside the USA, he has investment projects running in Spain and Mexico. The billionaire will continue to see his wealth grow as REITs including American Tower Corp (NYSE: AMT), Simon Property Group Inc (NYSE: SPG), CROWN CASTLE INTERNATIONAL (NYSE: CCI) and POLOGIS (NYSE: PLD) are seeing a strong rebound.

  1. Thomas and Raymond Kwok

Net Worth- US$16.5 Billion

Thomas Kwok Ping-Kwong is currently among the real estate moguls in the world. In fact, aside from being one of the richest people in the world, Thomas is well known for other things.

The property billionaire was born on October 6, 1951, in China and he currently operates one of the largest real estate firms in Hong Kong.

As the sons of Kwok Tak Seng, the founder of SHK Properties (Hong Kong’s largest real estate developer), and his wife Kwong Siu-Hing, Thomas and Raymond Kwok, along with their brother Walter, inherited the family business on their father’s death in 1990. After a family feud in 2008, Walter was ousted, leaving the company in the sole ownership of Thomas and Raymond. With a portfolio that covers such significant properties as the International Commerce Centre, Hong Kong’s tallest skyscraper, the brothers have achieved a joint net worth of $16.5 billion.

  1. Joseph Lau

 Net Worth-US$16.1 Billion

Joseph Lau Luen Hung is a Hong Billionaire born on July 21, 1951. The real estate mogul saw his fortune rise by more than 50% in the last two years.

Joseph Lau’s wealth comes from his 61% stake in Chinese Estates Holdings, a leading Chinese investment holding company whose business activities cover, amongst other things, property rental; money lending, and loan financing. In 2014, Lau and his business partner Steven Lo were found guilty of bribery and money laundering; despite denying the charges, both were eventually found guilty. Lau was sentenced to five years and three months in prison; after his appeal was denied, he fled the country and is currently living as a fugitive in Macau (which conveniently doesn’t have an extradition agreement with China).

  1. Hugh Grosvenor

Net Worth- US$13 Billion

Following the death of his father, Gerald Cavendish Grosvenor, Hugh Grosvenor inherited the family’s property business, a global empire that Forbes estimates to have over $15 billion in assets under management. He also inherited his father’s value of $13 billion, turning him into one of the UK’s richest people under 30 overnight.

  1.  Robert Ng

 Net Worth- US$12.1 Billion

Robert is the richest Singaporean with interest in property. He currently occupies the 9th position on the list of the richest real estate moguls in the world.

Robert is the chairman and the highest shareholder of the real estate firm called Sino Group. He was born Robert Ng Chee Siong in 1952 to the billionaire father Ng Teng Fong.

In addition, Robert first appeared on the FORBES list of billionaires in 1997 alongside his brother and he has been a constant presence on the list since then. Robert has an interest in other businesses aside from property.

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