ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Society

Li Ka-shing no longer Hong Kong's richest after two decades

Rival property tycoon Lee Shau-kee rises to top with $30.4bn

Hong Kong billionaire Li Ka-shing waves goodbye after announcing his retirement as the chairman of CK Hutchison Holdings in March 2018.   © Reuters

HONG KONG -- Property tycoon Li Ka-shing has been surpassed as Hong Kong's richest person after 21 years at the top, edged out by the founder of another real estate group, a new ranking shows.

According to Forbes' 2020 list, Henderson Land Development founder Lee Shau-kee's wealth grew 1% on the year to $30.4 billion.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more