Real estate moguls around the world contribute essentially to the list of the richest people in the world according to FORBES magazine.
Despite the economic uncertainty and trade wars that have ravaged the world leading countries in recent years, real estate barons have shown relatively no signs of a downturn in fortunes as they continue to dominate the list of world richest people. This post enlists the Top 25 real estate moguls in the World.
In 2016, the list of billionaires around the world with interest in real estate was reported to be 184, after 22 new people with interest in properties made the FORBES billionaires list. Also, in 2019, the number of billionaire real estate moguls is projected to be over 200.
The majority of the property billionaires are known to come from the Asia-pacific region with about 99 billionaires – 42 are from China, 25 from Hong Kong, 7 from India, and 6 from Singapore.
The United States contributes 44 billionaires to the list, making it the country with the highest number of real estate moguls in the world. On a continental basis, Europe is reportedly far behind Asia and the U.S on the list with the Middle East and African countries contributing a small portion to the list with a combined number of eight billionaires with interest in real estate.
The following section details the list of the 25 richest real estate moguls in the world, including some interesting facts about them such as – date of birth, net worth, real estate companies, children, education among other important information.
- Who is a real estate mogul?
- Is it hard to be a realtor?
- Top 25 real estate mogul in the World
- 1) Lee Shau-kee GBM
- 2) Wang Jianlin
- 3) Thomas Kwok Ping-kwong
- 5) Cheng Yu-tung GBM
- 6) David Reuben and Simon Reuben
- 7) Gerald Cavendish Grosvenor
- 8) Joseph Lau Luen Hung
- 9) Robert Ng Chee Siong
- 10) Pan Sutong
- 11) Peter Woo Kwong-ching
- 12) Charles Gerald John Cadogan
- 14) Stephen M. Ross
- 15) Richard S. LeFrak
- 16) Enos Stanley Kroenke
- 17) Majid Al Futtaim
- 18) Xu Jiayin
- 19) Chen Lihua
- 20) Lin Yu-lin
Who is a real estate mogul?
Is it hard to be a realtor?
Being a realtor isn’t easy, and it is incredibly competitive. However, whether being a realtor is hard or not, solely depends on you. One thing that is common among many real estate moguls is their level of confidence.
With this confidence, they are able to convince others that they are the real deal. In fact, whatever you put into your real estate career, is the same you will get out of it.
Top 25 real estate mogul in the World
1) Lee Shau-kee GBM
Lee Shau-kee is currently the world’s richest real estate mogul. Lee Shau-kee was born on 29 January 1928, at the Shunde District, Foshan, China.
The Nonagenarian is the highest shareholder of Henderson Land Development – a real estate conglomerate with interest in hotels and internet services. In addition, Lee Shau-kee is known to have five children namely – Martin Lee Ka-Shing, Peter Lee Ka-kit, Pui Man Lee, Pui Ling Lee, Pui Yee Lee – all heirs to his fortunes
Net Worth: US$24.8 billion
2) Wang Jianlin
Wang Jianlin occupies the second position of the list of world richest real estate moguls. The man is a Chinese born on 24 October 1954, in Mianyang, China.
Wang is the founder of the largest real estate firm in China – Dalian Wanda Group. A
side from real estate, the 64 year old billionaire has an interest in other businesses including sports.
Wang is currently a shareholder in a Spanish football outfit called Atletico Madrid, with 15% share. He graduated from the Liaoning University in China and currently has Wang Sicong as the heir to his wealth.
Net Worth: US$24.2 billion
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3) Thomas Kwok Ping-kwong
Thomas Kwok Ping-kwong is currently among the real estate moguls in the world. In fact, aside being one of the richest people in the world, Thomas is well known for other things.
The property billionaire was born on October 6, 1951,in China and he currently operates one of the largest real estate firms in Hong Kong.
Formerly, Thomas and his brother owned a property company known as Sun Hung Kai Properties. However,
until he got involved in a messy bribery case that saw served up to five years in prison. Nonetheless, Thomas Kwok Ping-Kwong
Net Worth: US$17 billion
4) Donald Leroy Bren
Donald Leroy Bren was born on May 11,1932 at Los Angeles, California, US. The American billionaire is known to have interest various businesses including properties. He is a graduate of the school of business of the University of Washington. Donald is currently the founder and the sole shareholder of the real estate firm Irvine Company. He has been involved with three marriages and currently marries to Diane Bren. The heirs to his fortunes are Steve Bren, Ashley Bren, and Carey Bren. Donald Leroy Bren is currently considered to be the richest American with interest in real estate.
Net Worth: US$16.4 billion
5) Cheng Yu-tung GBM
Cheng Yu-tung GBM, although late, still makes the list of the richest real estate mogul in the world. Until is passing-on, Cheng was real estate giant with interest properties, predominantly in Hong Kong. His interest include hotels, service businesses, transport services, Jewellery among others. Cheng Yu-tung GBM was born on August 26, 1925 in Shunde District, of Foshan, China. He was married to Ying Chow and survived by child, Henry Cheng and three grandchildren. Before his death, Cheng was involved in lot of charitable activities in China and the world at large.
Net Worth: US$14.4 billion
6) David Reuben and Simon Reuben
Simon Reuben and his brother, David ares a real estate, technology and investments fortune The British brothers David Reuben and Simon Reuben are currently considered to be the 6th richest people in the world with interest in real estate. The combined wealth of the brothers makes them the 60th richest people in the world in 2016 according to the foremost FORBES magazine. Aside real estate, the brothers are popular for their several philanthropic activities around the world. David is currently considered to be the third richest Briton. The combined wealth of the brothers ties with that of Cheng above.
Net Worth: US$14.4 billion
7) Gerald Cavendish Grosvenor
Major General Gerald Cavendish Grosvenor was a member of the royal family in United Kingdom. Gerald was born on December 22, 1951 by the 5th Duke of Westminster called Robert George Grosvenor.
Until his death, Gerald was a real estate mogul with interest in residential buildings and hotels. Also, Gerald, known as the 6th Duke of Westminster was known for his many philanthropic deeds while he lived.
Lastly, with a constant presence at the FORBES list of the richest people in the world, Gerald was one of the richest Britons, .
Net Worth: US$12.3 billion
8) Joseph Lau Luen Hung
Joseph Lau Luen Hung is a Hong Billionaire born in July 21, 1951. The real estate mogul saw his fortune rose by more than 50% in the last two years.
In addition, he currently owns over 60% shares in Chinese Estate Holdings. The man has made the headlines for various reasons in the past few years including a court case that saw him convicted in Macau.
Also, he has been involved with two marriages which produced four children namely – Lau Ming-wai, Jade Lau Sau-yung, Lau Sau-ying, and Josephine Lau Sau-wah
Net Worth: US$10.9 billion
9) Robert Ng Chee Siong
Robert is the richest Singaporean with interest property. He currently occupies the 9th position of the list of the richest real estate moguls in the world.
Robert is the chairman and the highest shareholder of the real estate firm called Sino Group. He was born Robert Ng Chee Siong in 1952 to the billionaire father Ng Teng Fong.
In addition, Robert first appeared on FORBES list of billionaires in 1997 alongside his brother and he has been a constant presence on the list since then. Robert has an interest in other businesses aside property.
Net Worth: US$9.6 billion
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10) Pan Sutong
Pan Sutong is a 56 year old Businessman from Hong Kong. Sutong is widely reported to have an interest in real estate and other business ventures. He is the founder and current chief executive of Matsunichi Digital Holdings Limited.
Also, Sutong is the current chairman of Goldin Real Estate Financial Holdings Limited. The billionaire real estate baron is known to have a foundation that helps the needy.
Net Worth: US$8.6 billion
11) Peter Woo Kwong-ching
Peter woo is another Hong Kong based billionaire on the FORBES list of the richest real estate moguls in the world. Born on September 5, 1946, the 72 year old property tycoon has been involved with real estate for most of his life having chaired the companies Wheelock and Company Limited and The Wharf Holdings for many years until 2015.
Peter woo attended St Stephen’s College before progressing to the University of Cincinnati, Columbia Business School. He is currently married to Bessie Pao-Woo and their union is blessed with three children namely – Douglas Woo, Jennifer Woo, Jacqueline Woo.
Net Worth: US$8.6 billion
12) Charles Gerald John Cadogan
Charles Gerald John Cadogan is a British billionaire born on March 24, 1937. The octogenarian is a property merchant with extensive investment across the United Kingdom and abroad.
Charles has been involved with three marriages throughout his life and he currently has four children. The billionaire has listed is first two children Edward Charles Cadogan, Viscount Chelsea as the heir to his fortune.
Net Worth: US$7.2 billion
13) Walter Kwok Ping-sheung JP
Walter Kwok is another Hong Kong billionaire on the list of the world richest real estate moguls. He lived between 1950 and 2018. Before his death, walter Kwok was a real estate developer having inherited his father’s company Sun Hung Kai Properties in 1990 alongside his brothers.
Net Worth: US$7 billion
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14) Stephen M. Ross
Stephen M. Ross was born on May 10, 1940 in Detroit, Michigan, US. The New York based billionaire ventured into real estate in 1972 when he founded his real estate company called ‘The Related Companies.’
Aside from the real estate business, Ross has interest in sporting business as well as other philanthropic activities. He attended New York University and has been involved with more than one wife.
He got married to his current partner, Kara Ross in 2003 and his known to have four children from his marriages. His children include – Avery Ross, Jennifer Ross, Kimberly Ross, and Drew Ross.
Net Worth: US$6.5 billion
15) Richard S. LeFrak
Richard S. LeFrak is another American on the list of world richest real estate moguls. The New York based property merchant ii considered to be among the biggest land lords in NY and US at large.
Richard was born during world war II in 1945 and he is currently the chairman of the family-run real estate company – LeFrak. The company is specialized in developing and managing properties.
He is currently married to Karen Tucker and they are blessed with two adult children Harrison and James.
Net Worth: US$6.4 billion
16) Enos Stanley Kroenke
Stanley Kroenke is a US business tycoon with interest that spans across real estate and sports. He is the founder of the famous outfit known as Kroenke Sports & Entertainment. The outfit is known to have major stakes in Arsenal football club in the English Premier league. Stanley Kroenke was born on July 29 1947 in Columbia, Missouri, USA. He is married to Ann Walton Kroenk and they both have four adult children namely – Josh, Whitney, Katie, and Brett Kroenke
Net worth: US$6.3 billion
17) Majid Al Futtaim
Majid Al Futtaim is an Emirati holding company based in Dubai, that as of 2015 owned and operated shopping malls, retail, and leisure establishments in the Middle East and North Africa, with operations in 13 countries. The group was established by Majid Al Futtaim in 1992.
Net Worth: US$6.2 billion
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18) Xu Jiayin
Xu Jiayin also known as Hui Ka Yan is notably one of the richest men in China, born on October 9, 1995.
The 60 years old billionaire is te chairman of Evergrande Group, a Chinese conglomerate with interests in several Chinese cities. These cities include: Beijing, Guagzhou, and Shenzhen
Xu is a graduate of Wuhan University of Science and Technology. Also, he is married to Ding Yumei and they both have two adult children.
Net worth: US$6.2 billion
19) Chen Lihua
Chen Lihua is a Chinese billionaire businesswoman known to be the founder of the real estate company – Fuwah International Group. The company is one of the biggest real estate firms in China with interest in developing and managing properties in China.
In 2014, Cheng was ranked as the 10th richest person in China and of course,the richest woman in the country. Also, the following year, the billionaire businesswoman lost her position as the richest woman in China to Zhou Qunfei.
Net Worth: US$6.1 billion
20) Lin Yu-lin
Lin yu-Lin is a a billionaire business woman born on October 6, 1936 in the city of New Taipei, Taiwan. She is currently one of the world richest real estate moguls, and currently the 3rd richest person in Taiwan. Also, Lin is the sister of the popular Taiwan politician called Lin Rong-San.
Net Worth: US$5.7 billion
This post contains the list of the richest real estate moguls in the world according to the world trusted wealth ranking magazine, FORBES.