Hong Kong is renowned for the concentration of wealth among a tight group of powerful tycoons. Their business interests are wide-ranging, extending to the gaming and entertainment industries in Macau, but property development and investment are central to most of their fortunes.
Li Ka-shing 1 heads FinanceAsia's 2015 Rich List for a sixth consecutive year, earning dividends of more than $1.7 billion from his controlling stakes in Cheung Kong, Hutchison Whampoa, PCCW, Husky Energy, and other companies. He started his career making and distributing plastic flowers and later successfully challenged the commercial power of the British colonial conglomerates known as “hongs”.
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