Sunday, 22 April 2012

40.Cheng Yu-tung

Cheng Yu-tung

Net Worth
$16 B As of March 2012
At a Glance
  • Age: 86
  • Source of Wealth: diversified, self-made
  • Country of Citizenship: Hong Kong
  • Marital Status: Married
  • Children: 4
Forbes Lists
Longtime list member Cheng Yu-tung, he has appeared on 25 of 26 Billionaire lists, got $7 billion jolt last year, primarily due to the IPO of his clan's jewelry business, Chow Tai Fook Jewelry Group. Last year, Cheng and family of Hong Kong bought five luxury hotels, including Manhattan's Carlyle. In February the 86-year-old announced he was retiring and that his son Henry will oversee the family's [...] more

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