Forbes releases the list of the wealthiest people in Hong Kong in 2025. Li Ka-shing remains the richest with 290.94 billion Hong Kong dollars.
27/02/2025
GMT Eight
Forbes released the list of the top 50 richest people in Hong Kong in 2025. The top 4 remained unchanged, with CKH HOLDINGS founder Li Ka-shing ranking first with a net worth of 37.3 billion US dollars (approximately 2,909.4 billion Hong Kong dollars), an increase of 3% from last year's estimate of 36.2 billion US dollars, retaining his title as Hong Kong's richest man. Henderson Land Development founder Lee Shau Kee continued to rank second with a net worth of 29.2 billion US dollars (approximately 2,277.6 billion Hong Kong dollars); New World Development chairman Cheng Family maintained the third spot with a net worth of 19.5 billion US dollars (approximately 1,521 billion Hong Kong dollars), but experienced a 12% decrease in wealth.
Lee Kum Kee Group's late chairman Lee Man Tat's five children, known as the "Oyster Sauce King", ranked fourth with a fortune of 16.2 billion US dollars (approximately 1,263.6 billion Hong Kong dollars). Chinese Estates Holdings founder Joseph Lau moved up from sixth to fifth place with a net worth of 13.6 billion US dollars (approximately 1,060.8 billion Hong Kong dollars).
The sixth to tenth spots were held by New World Development chairman Henry Cheng Kar-shun with a net worth of 12 billion US dollars, former chairman of Nine Dragons Paper Holdings Su Guangcheng with a net worth of 11.7 billion US dollars, Alibaba chairman Jack Ma with a net worth of 10.8 billion US dollars, the family of deceased Galaxy Entertainment founder Lui Che-woo with a net worth of 9.4 billion US dollars, and the chairman of Sun Hung Kai Properties Raymond Kwok with a net worth of 8.1 billion US dollars.
It is worth mentioning that Jack Ma saw the biggest increase in wealth among the billionaires on the list this year. His net worth rose from 8.5 billion US dollars in 2024 to 10.8 billion US dollars in 2025, an increase of 27%. Apart from benefiting from the recent rise in Alibaba's stock price, Jack Ma also sold a 15% stake in BSE Global, the owner of the NBA team Brooklyn Nets, for 688 million US dollars to American billionaire Julia Koch, significantly boosting his wealth.
Forbes pointed out that despite Hong Kong's economy growing by only 2.5% last year, the Hang Seng Index rose by over 30% compared to the same period last year due to the stimulus measures in China boosting investor sentiment. The total assets of the top 50 richest people in Hong Kong increased from 296 billion US dollars last year to 301 billion US dollars, recording a slight growth.