New high for HK’s richest


The collective net worth of tycoons on the 2026 Forbes list of Hong Kong’s 50 Richest jumped 22% to an all time high of US$366bil (RM1.4 trillion) from US$301bil last year, according to Forbes Asia. 

The media company said that a total of 36 list members notched wealth gains, including business titan Li Ka-shing, who retained his title of Hong Kong’s richest person after adding US$7.8bil (RM30bil) – the biggest gain in dollar terms this year – to take his fortune to US$45.1bil (RM176bil). 

“Shares of his CK Hutchison Holdings were up more than 60% from a year ago,” Forbes Asia said in a statement.

Meanwhile, brothers Peter and Martin Lee, co-chairmen of property heavyweight Henderson Land Development, made their debut at number two.

Their combined US$34.9bil (RM136bil) net worth, shared with family, was inherited from their father Lee Shau Kee, who died last March at the age of 97. 

Property and jewellery magnate Henry Cheng remained in third spot. His wealth, shared with family, expanded by US$6.6bil (RM26bil) to US$26.1bil (RM102bil) as stock of their Chow Tai Fook Jewellery Group nearly doubled on soaring gold prices.

According to Forbes Asia, the list was compiled using information from individuals, analysts, government agencies, stock exchanges, databases, and other sources.

The net worths were based on stock prices and exchange rates as of the close of markets on Jan 23, 2026. Real-time net worths on Forbes.com may reflect different valuations.

The ranking lists both individual and family fortunes, including those shared among relatives. Private companies were valued by using financial ratios and other comparisons with similar companies that are publicly traded.

The list can also include foreign citizens with business, residential, or other ties to the city, or citizens who do not reside in the city but have significant business or other ties to the city.  — Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

Nvidia courts Korea's tech giants at Taipei dinner as AI push deepens
Iran suspends indirect exchanges with US over Israeli attacks in Lebanon, say Iranian media reports
EU has had productive meetings with Anthropic over possible future access to Mythos
Climate summits are falling short of what the planet needs, EU climate chief says
Tennis-Serena to make much-awaited return at Queen's Club Championships
Soccer-Former England captain and manager Keegan reveals stage four cancer
Puad Zarkashi accuses DAP of using GLC posts as political bargaining chip in Skudai rep controversy
Asean News Headlines at 10pm on Monday (June 1, 2026)
Hondius cruise ship ready to sail again after hantavirus outbreak
International school in Bangkok inspected over alleged licence and work-permit violations

Others Also Read