Skip to main content

worlds top 20 richest real estate tycoons

Country-by-country, the U.S. boasts 29 real estate billionaires, the greatest number of any individual nation. China has the second highest number of the property-rich at 21, followed closely by Hong Kong, with 18 real estate billionaires.
Coming in as the wealthiest of the real estate tycoons on the FORBES Billionaires list is Hong Kong’s Lee Shau Kee, ranking No. 35 with a fortune we estimate at $19.6 billion. His Henderson Land Development has a stake in Hong Kong’s International Financial Center, and numerous project on the mainland, including the Henderson Metropolitan along Nanjing West Road near the Bund, a waterfront area in Shanghai. Although still the wealthiest real estate billionaire, the Henderson head saw his fortune drop over the past year as the city’s real estate sector dipped after a hike in property taxes.
The second-richest real estate billionaire, also from Hong Kong, is 88-year-old Cheng Yu-tung, who ranks No. 54 on the list with a fortune of $16.2 billion. He turned over the chairmanship of his New World Development to his elder son, Henry, 66, in March 2012. That same year he reportedly had a stroke, and is no longer active in his companies.
Wang Jianlin, China’s richest person, is the third-richest person in real estate (No. 64 with a net worth of $15.1 billion). He owns 75 department stores, 85 shopping plazas, 51 five star hotels, and the United States’ AMC theater chain, which he purchased in 2012 and listed on the New York Stock Exchange in December. Wang also launched an $8 billion mini-Hollywood in China’s coastal city of Qingdao last year. A man from humble beginnings, Wang entered the military and became chairman of the then-government-run Wanda in 1989, when he was just 35. Today he is chairman of China’s largest commercial real estate developer, Dalian Wanda Group.
Donald Bren, No. 69 on the FORBES Billionaires list, is the 4th-wealthiest property tycoon by our numbers. With a net worth of $14.4 billion, Bren’s fortune has grown thanks to rising estate prices in California, where he holds the majority of his vast portfolio. Bren’s Irvine Co. owns about 50,000 apartments, 40 million square feet of office space, and 8 million square feet of retail in Orange County, San Diego, Los Angeles, and Silicon Valley, plus three golf clubs and five marinas. It also owns the Hyatt Center and is an investor in the UBS Tower, both in Chicago. He preserved half of the original 93,000-acre Irvine Ranch as permanent open space.
Asia is doing well in terms of not only creating great wealth, but continuing to produce new billionaires. Of the 15 newbies to the FORBES Billionaires list, two are from China, two from Hong Kong, two from Singapore, and one each from Malaysia and Taiwan.
The United States also added two new billionaires to the FORBES list. David Walentas debuts on the list, with a net worth of $1.7 billion; as my colleague Caleb Melby wrote earlier this year, he developed Brooklyn’s DUMBO into the neighborhood it is today. Jeff Sutton, the Manhattan retail landlord who brought American Girl to Fifth Avenue and commands some of the highest rents in the country, is the second American newcomer, with a net worth of $2.7 billion.
Notably, three of the 20 richest people in real estate are brothers: Thomas, Raymond, and Walter Kwok. Their father, Sun Hung Kai Properties founded Kwok Tak-seng, was an early business partner of Lee Shau Kee, real estate’s richest person.

Popular posts from this blog

Overview of Social Media Marketing

Social media marketing refers to the process of gaining traffic or attention through social media sites. Social media itself is a catch-all term for sites that may provide radically different social actions.

Use social media marketing to listen, analyze, publish, and engage across networks. Align your marketing, customer service, and sales efforts on social — strengthening customer relationships.


Listen and analyze. Hear conversations from over 650 million different sources with social listening tools. Discover what consumers are saying about your brand, your products, and your competitors. Discover trending topics and influential conversations — then use that information to inform your marketing decisions.
Plan and publish. Plan, execute, and track social media marketing campaigns. Customize and craft your content from multiple sources, while protecting your brand with configurable approval rules and a full audit trail. Manage social strategy, tailor campaigns, and drive social awareness…

Future Of Digital Marketing

The Origin of Digital-Marketing: The term 'digital marketing' was first used in the 1990s. In the 2000s and the 2010s, digital marketing became more sophisticated as an effective way to create a relationship with the consumer that has depth and
relevance. 
While the term 'digital marketing' may not have been used until the 1990s, digital marketing itself has roots to the mid-1980s when the Soft Ad Group, now ChannelNet developed advertising campaigns for several major automobile companies, wherein people would send in reader reply cards found in magazines and receive in return floppy disks that contained multimedia content promoting various cars and offering free test drives.
The rapid evolution of digital media has created new opportunities and avenues for advertising and marketing. Fueled by the proliferation of devices to access digital media, this has led to the exponential growth of digital advertising.
In 2012 and 2013 statistics showed digital marketing remained a gro…

Why Digital Marketing and Web 2.0 Important To Business?

DIGITAL MARKETING

Digital marketing technology helps you understand and reach your audience most effectively so you can generate the most revenue.  For advertising campaigns, ad serving technology makes it possible to serve the right ad at the right time to right person.  That means your advertising is being as productive as possible. When technology is working for you, you’ll understand your audience at a whole new level, and it will show up on your bottom-line.


NEED FOR THE STUDY The pace of change in today’s business environment is faster than ever. New markets, technologies, and opportunities are arising on a daily basis. Current ways of doing business need to be adapted or they will become outdated. Organizations and enterprises have to become agents of evolution to be successful; as victims of evolution they risk failure. With so many dynamics operating in the global economy, Digital Marketing is now more than ever an effective tool to make a company stand out from the pack.

The pe…