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Li Ka-shing is HK's richest: Forbes

(Agencies)
Updated: 2010-02-05 11:00
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11, Chee Chen (C.C.) Tung

$2.89 billion

Age: 66

Marital Status: Married

Family's shipping firm, Orient Overseas, lost $231 million in first half of 2009. Stock jumped in January after it sold $2.2 billion worth of mainland property. C.C. has headed Orient since brother Tung Chee Hwa stepped down to lead Hong Kong's government between 1997 and 2005; he is now vice chairman of China consultative political body.

 

12, Ronnie & Gerald Chan

$2.6 billion

Age: 60/58

Marital Status: NA

Hang Lung Group, property developer that Ronnie heads, gets more than 40% of its rental income from Shanghai, through such landmarks as Plaza 66. Using same digits on other mainland projects in Dalian, Tianjin, others. Gerald leads family's Morningside Group with interests in media, Internet, life sciences.

 

13, Michael Ying

$2.5 billion

Age: 60

Marital Status: Married, 3 children

Former chief of Esprit, steadily reduced his stake in the apparel maker, pocketing close to $2 billion over time. Retains almost 9% in company, which just reported first annual profit decline in decade. Said to be an amateur paleontologist. Married to former movie star Brigitte Lin.

 

14, Richard Elman

$2.3 billion

Age: 69

Marital Status: Married, 4 children

British national has run commodities trading firm, Noble Group, from Hong Kong for more than 2 decades. Recently sold part of his stake to a Chinese-government-owned investment firm; still has 24%. Grew up in Brighton; quit school at 15. Worked in scrap business in US, Japan, Thailand, India. Later became regional director of commodities trader Phibro.

 

15, Patrick Lee

$2.25 billion

Age: 66

Marital Status: Married. 5 children

Net worth of Lee & Man Paper's founder, which dropped from $3.2 billion to $485 million last year, has more than quadrupled as stock recovered strongly, making him year's biggest percentage gainer. Group's delayed Vietnam expansion apparently back on track.

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