US$37.3 billion! Li Ka-shing Reigns as Hong Kong's Richest Man by Forbes

Recently, Forbes announced the list of Hong Kong's 50 richest people in 2025, and Li Ka-shing, the founder of Cheung Wo Holdings, has been crowned the richest man in Hong Kong with a fortune of US$37.3 billion (about HK$290.9 billion)!

Li Ka-shing, 96, is once again the richest man in Hong Kong with US$37.3 billion (HK$290.94 billion), a remarkable increase of US$1.1 billion from last year.

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Li Ka-shing:

The saga continues and the wealth grows steadily

Ranked first: Li Ka-shing, Hong Kong's business "superman", his Cheung Wo family across the real estate, infrastructure, retail, telecommunications, energy and other industries, wealth map around the world. Despite the fact that he is nearly 100 years old and his business has basically been handed over to his eldest son, Li Tzar Kuoi, his business empire is still going strong.

Second place: Lee Shau-kee, the "godfather of the real estate industry", with a fortune of US$29.2 billion (HK$227.8 billion), is still at the top of the list but his growth has slowed down significantly.

Ranking third: The Cheng Kar-chun family, on the other hand, is one of the worst losers in this year's list, with its wealth shrinking by $12%, or US$2.6 billion, due to debt pressure from NWD, and is now worth US$19.5 billion (about HK$152.1 billion).

Fourth place: The Lee siblings of the Lee Kum Kee Group ranked fourth with US$16.2 billion (about HK$126.4 billion).

Ranking 5th: Chinese Estates founder Joseph Lau Luen-hung, with a fortune of US$13.6 billion, moved up one position to the 5th place.

Ranked 6th: And SHKP Chairman Mrs. Kwok Siu Hing Kwong ranked 6th with US$12 billion, up two places from last year.

Ranked 7th: Former Chairman of Wharf, Mr. Peter K.C. Ng, ranked 7th and worth $11.7 billion.

No. 8: Also Alibaba chairman Jonathan Tsai is one of the richest billionaires on this year's list with the largest increase in his fortune, which rose to $10.8 billion from $8.5 billion last year, an increase of $27%.

In addition, new tycoons on this year's list include Yang Qiumei, who entered the list by inheriting her late husband Tang Xiaogou's shares in Shangtang.

Zhuo Jun, founder of Shenzhen Jingwang Electronics, is the only returnee on this year's list, ranking 49th.

In addition, Forbes said: Although Hong Kong's economy grew only 2.5% last year, but China's stimulus measures to boost investor sentiment, boosting the HSI over the same period last year rose by more than 3 cents 1; as for the Hong Kong Top 50 billionaires total assets, from last year's 296 billion U.S. dollars slightly increased to 301 billion U.S. dollars.

It can be seen that the Hong Kong rich list is relatively solid.

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Advantages unmatched by Hong Kong

What Hong Kong lacks most is rich people. Of course, it is precisely because of Hong Kong's inherent advantages that so many rich people are willing to stay in Hong Kong.

Excellent business environment

Hong Kong, China, is strategically located, with its backing of the huge mainland market as well as facing the vast international market.

Hong Kong has always maintained an open and transparent business environment, possesses a robust institutional framework, and has efficient and effective government services, making Hong Kong one of the best places to do business in the world.

This has naturally attracted many business owners, investors and multinational corporations to station in Hong Kong in search of business opportunities!

global financial center (New York City)

As we all know, Hong Kong is one of the world's financial centers and one of the freest economies in the world!

Hong Kong's financial market is well-developed, and the local regulatory regime for the financial market is both stringent and flexible. The financial market operates under effective, transparent regulation that meets international standards, and there is also free flow of capital.

It is conducive to the development of international business of enterprises, and also guarantees the fairness, impartiality and transparency of the market, and enhances the confidence of investors.

low taxation

Hong Kong is known globally for its simple tax system and low tax rates. There is a territorial tax system, which means that business profits and income are taxable only if they are sourced in Hong Kong.

Hong Kong's tax system is simple, with profits tax, salaries tax and property tax being the major ones.

For corporations, the tax rate is 8.251 TP3T on assessable profits not exceeding HK$2 million and 16.51 TP3T on the portion of assessable profits exceeding HK$2 million. Salaries tax rates are computed on a progressive basis after deduction of various deductions and allowances, provided that the total amount of tax paid does not exceed 16.51 TP3T of assessable income.

As an international financial center, Hong Kong provides a free and open economic environment, sound protection of the rule of law and efficient business services, attracting global capital and talents and providing an important opportunity for wealth accumulation and enhancement, thus making Hong Kong a gathering place for the rich and powerful.

If you are interested in investing in Hong Kong and planning your Hong Kong identity, please feel free to contact us!