Joseph Lau
$13.18B
$12.4M (-0.1%)
as of 07/02/24
About Joseph Lau
Joseph Lau is the former chairman of property developer Chinese Estates, most of which he acquired in 1986.
Lau owns a sizable portfolio of prime real estate in Hong Kong.
An avid art collector, his wealth also includes pieces from Warhol, Gauguin and Hockney that are worth at least $1 billion.
He became a billionaire in 2006 and his brother Thomas also made the billionaire's club.
In 2017 Joseph Lau said he transferred most of his wealth to his wife and a son, citing serious health issues.
Personal stats
Citizenship
Hong KongSource of wealth
Real estateResidence
Hong Kong, Hong KongMarital status
DivorcedBirth date
07/21/51 (age 72)Number of children
6Self-made
self-madeJoseph Lau’s fortune is worth
220K
troy ounces of gold
203K
median U.S. household
132K
median U.S. income
0.264%
U.S. credit card volume
0.053%
GDP of the United States
0.039%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Lau failed to take Chinese Estates private in 2021, when its investment in cash-strapped mainland property developer China Evergrande had $1 billion loss.
Net worth over time
Real-time ranking
Financial assets
HONG KONG | 127-HK
Chinese Estates (Holdings) Ltd.HONG KONG | 1212-HK
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