HK’s richest 40 worth $163bn

The combined wealth of Hong Kong’s top 40 billionaires now totals $163bn, adding $28bn to last year’s figure. The latest Forbes rich list sees Chung Kong and Hutchison Whampoa controller Li Ka-shing stay on top, with a personal fortune valued at $24bn ($105.3bn). A third of the top 40 make their money in real estate development, including the family of Thomas and Raymond Kwok, vice chairmen of Sun Hung Kai Properties.