Real estate is almost always a good investment and these 10 people prove that. They are the wealthiest real estate tycoons in the world, with a combined net worth of $123 billion. They have made the bulk of their net worth from real estate development, management, and/or investment. Of these 10 individuals, seven are from Asia. Five are from Hong Kong and two are from China. This isn't a coincidence, as the ultra high net worth people (those with a net worth of at least $30 million) in Hong Kong have a particular interest in real estate; 9% of that region's ultra wealthy made their fortunes in real estate. Two Americans and one Australian round out the top 10.
Six of the 10 real estate tycoons are self-made, building their fortunes from $0 to billions. Among the world's richest self-made people, real estate is the second most popular industry after finance for building massive fortunes. These are the 10 wealthiest real estate tycoons in the world.
Age: 65
Net Worth: $5.6 billion
Residence: Hong Kong
Company: Sun Hung Kai Properties (SHKP)
Wealth Source: Inheritance
Age: 75
Net Worth: $5.8 billion
Residence: US
Company: Related Companies
Wealth Source: Self-Made
Age: 83
Net Worth: $6 billion
Residence: Australia
Company: Meriton Group
Wealth Source: Self-Made
Age: 65
Net Worth: $7.2 billion
Residence: Hong Kong
Company: Chinese Estates Holdings
Wealth Source: Inheritance/Self-Made
- Hui Ka-Yan
Age: 57
Net Worth: $8.7 billion
Residence: China
Company: Evergrande Real Estate Group
Wealth Source: Self-Made
Age: 64
Net Worth: $10.6 billion
Residence: Hong Kong
Company: Sun Hung Kai Properties (SHKP)
Wealth Source: Inheritance
Age: 64
Net Worth: $10.6 billion
Residence: Hong Kong
Company: Sun Hung Kai Properties (SHKP)
Wealth Source: Inheritance
3. Donald Bren
Age: 83
Net Worth: $16.6 billion
Residence: US
Company: Irvine Company
Wealth Source: Self-Made
2. Lee Shau Kee
Age: 88
Net Worth: $20 billion
Residence: Hong Kong
Company: Henderson Land Development
Wealth Source: Self-Made
Age: 61
Net Worth: $30 billion
Residence: China
Company: Dalian Wanda Group
Wealth Source: Self-Made