Hong Kong Property Tycoon Joseph Lau’s Fortune Edges Up Despite Evergrande Loss
The billionaire—a long-time business partner and poker buddy of Evergrande chairman Hui Ka Yan—had a wild ride in 2021, but still managed to emerge with a gain.
The billionaire—a long-time business partner and poker buddy of Evergrande chairman Hui Ka Yan—had a wild ride in 2021, but still managed to emerge with a gain.
On the plate of Richard Li, the 55-year-old son of billionaire Li Ka Shing, there’s a major piece of unfinished business from 2021: listing regional life insurer FWD.
Hong Kong’s economy revived with a 6.4% rise in 2021, but strict measures to fight the pandemic impacted the benchmark Hang Seng Index. Under such mixed circumstances, the combined wealth of the city’s 50 richest dipped slightly to $328 billion from $331 billion last year.
Last spring and summer, getting your hands on a Hill House nap dress was nearly impossible. But right now you can snag one for just $88.
It’s Harry’s second lawsuit against the British media company.
The growing appetite for AI stocks fueled the successful market debut of Shanghai-based smart-tech pioneer SenseTime and earned cofounder Tang Xiao’ou a $6 billion fortune.