HONG KONG (February 6, 2020) – The prolonged protests and U.S.-China trade tensions that hit Hong Kong over the past year resulted in mixed fortunes for tycoons on the 2020 Forbes Hong Kong Rich List. The net worth of Lee, founder of Henderson Land, climbed slightly to $30.4 billion, while Li fell one spot to No. 4 with a net worth of $16.9 billion, and Lui Che Woo rises one spot to No. Of the 22 tycoons whose net worths took a hit, 14 counted on real estate for the bulk of their fortunes, including Fong Yun Wah (No. Net worths were based on stock prices and exchange rates as of the close of markets on January 24—and real-time net worths on Forbes.com may reflect different valuations.

Source: Forbes February 06, 2020 01:30 UTC