In this file picture taken on 25 May 2004, an assistant (L) to the chairman of K. Wah International Holdings Ltd, Lui Che Woo (C), bids for a plot of government land in Hong Kong. Macau gambling tycoon Lui Che-woo has replaced Hong Kong multi-billionaire Li Ka-shing as Asia's richest man.-AFP
Lui, the head of Macau casino operator Galaxy Entertainment, saw his fortune rise $3.5 billion this month to $29.6 billion, about $100 million ahead of Li, whose fortune stood at $29.5 billion on the Bloomberg Billionaires Index on Thursday.
Lui's family fled war-torn China for Hong Kong in 1934 where he reportedly made money selling food on the streets of the former British colony at the age of 13.
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