Hong Kong Billionaires:
Small but big in money. Hong Kong is one of the leading international financial centers. Its service-oriented economy is characterized by low taxation, near free port trade and well-established international financial market. Hong Kong has produced many billionaires, in fact the richest person in Asia is from this small region.
Here is a the top 10 richest people in Hong Kong and their Forbes ranking:
10) Pansy Ho – Net Worth: $5.8 Billion
Pansy Ho is the co-chair of MGM China. Her wealth increased by $2 billion since last year as the shares in her joint venture with MGM Resorts jumped nearly 70 percent.
9) Walter Kwok – Net Worth: $6.2 Billion
This 63 year old billionaire made a successful joint bid with Lai Sun Development for a site in Tseung Kwan O for $363 million in late 2012.
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