City of the Rich
Monday, March 17th, 2008From economist.com:
Hong Kong is home to 26 billionaires, according to Forbes magazine’s latest ranking of the world’s wealthiest individuals. Li Ka-shing, the chairman of Cheung Kong Holdings and Hutchison Whampoa, which have interests in property, ports and telecommunications, was named the richest local. He was 11th in the world ranking, with an estimated fortune of $26.5 billion. The next Hong Kongers were three of a kind: Raymond, Walter and Thomas Kwok, owners of Sun Hung Kai Properties, who have a combined wealth of $19.9 billion. Elsewhere on the list, Stanley Ho, a casino magnate, saw his wealth grow to $8 billion, thanks to the success of Macau’s revitalised gambling market.