{"id":2086,"date":"2015-03-04T05:47:31","date_gmt":"2015-03-04T05:47:31","guid":{"rendered":"http:\/\/pgawards.wpengine.com\/?p=2086"},"modified":"2024-09-18T12:49:01","modified_gmt":"2024-09-18T05:49:01","slug":"meet-the-worlds-richest-tycoons-in-real-estate","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/meet-the-worlds-richest-tycoons-in-real-estate\/","title":{"rendered":"Meet the world\u2019s richest tycoons in real estate"},"content":{"rendered":"<p>Who are the wealthiest people in the property industry?<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-2087\" src=\"http:\/\/pgawards.wpengine.com\/wp-content\/uploads\/2019\/03\/1529063336564_Top-10-Self-Made-Billionaires-2014-1024x669.png\" alt=\"\" width=\"1024\" height=\"669\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/03\/1529063336564_Top-10-Self-Made-Billionaires-2014-1024x669.png 1024w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/03\/1529063336564_Top-10-Self-Made-Billionaires-2014-1024x669-300x196.png 300w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/03\/1529063336564_Top-10-Self-Made-Billionaires-2014-1024x669-768x502.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>Money: that\u2019s what they have.<\/p>\n<p>Baby boomers may\u00a0remember the pop hit \u201cMoney (That\u2019s What I Want)\u201d by Barrett Strong from the early 1960s \u2013 the Beatles also recorded their own version \u2013 while Generation X-ers grew up to the version made popular by The Flying Lizards in the 1980s. The majority of the world\u2019s population want money, and some are fortunate enough to have lots, and lots, of it.<\/p>\n<p>This week,\u00a0<a href=\"http:\/\/www.forbes.com\/sites\/chasewithorn\/2015\/03\/02\/forbes-billionaires-full-list-of-the-500-richest-people-in-the-world-2015\/\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Forbes<\/em><\/a>\u00a0released its full list of the world\u2019s 500 richest billionaires of 2015, which includes a huge number of successful Baby Boomers and Gen X-ers, as well as some incredibly wealthy Millennials.<\/p>\n<p>&nbsp;<\/p>\n<p>Coming out on top of the annual list is Bill Gates, founder and former chief of Microsoft Corporation, with USD79.2 billion in net fortune, beating Mexico\u2019s telecom magnate Carlos Slim Helu (and family), whose net worth is USD77.1 billion.<\/p>\n<p>Collectively, the world\u2019s top 500 money makers are worth a whopping USD7.05 trillion, based on Forbes\u2019 research. This year, 290 billionaires joined the top 500 list for the first time, adding an estimated USD650 billion in the total worth of the world\u2019s elite 1 percent population.<\/p>\n<p>We\u2019ve filtered the super rich list to highlight the tycoons with significant involvement in the real estate, construction and design sectors, and here they are:<\/p>\n<ol start=\"3\">\n<li><strong>Warren Buffett<\/strong><\/li>\n<\/ol>\n<p>Net Worth:\u00a0$72.7 B<\/p>\n<p>Source of wealth: Berkshire Hathaway<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: The billionaire-philanthropist has significant investments in real estate and has started to license the Berkshire Hathaway brand to Asia-based property agencies.<\/p><\/blockquote>\n<ol start=\"17\">\n<li><strong>Li Ka-shing<\/strong><\/li>\n<\/ol>\n<p>Net Worth:\u00a0$33.3 B<\/p>\n<p>Source of wealth: diversified<\/p>\n<ol start=\"18\">\n<li><strong>Sheldon Adelson<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $31.4 B<\/p>\n<p>Source of wealth: casinos<\/p>\n<ol start=\"27\">\n<li><strong>Lee Shau Kee<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $24.8 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"29\">\n<li><strong>Wang Jianlin<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $24.2 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: One of China\u2019s wealthiest citizens, Wang Jianlin heads the Dalian Wanda Group, which started its real estate business in 1988.<\/p><\/blockquote>\n<ol start=\"34\">\n<li><strong>Prince Alwaleed Bin Talal Alsaud<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $22.6 B<\/p>\n<p>Source of wealth: investments<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: At 59, the Saudi prince has real estate holdings in several luxury hotel chains in London, New York and Monaco.<\/p><\/blockquote>\n<ol start=\"41\">\n<li><strong>Len Blavatnik<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $20.2 B<\/p>\n<p>Source of wealth: diversified<\/p>\n<ol start=\"50\">\n<li><strong>Michael Otto &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $18.1 B<\/p>\n<p>Source of wealth: retail, real estate<\/p>\n<ol start=\"51\">\n<li><strong>Paul Allen<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $17.5 B<\/p>\n<p>Source of wealth: Microsoft, investments<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: Allen co-founded Microsoft (he also came up with the company\u2019s name) with topnotcher Bill Gates, and also owns Vulcan Real Estate that offers a full range of development and portfolio management services.<\/p><\/blockquote>\n<ol start=\"55\">\n<li><strong>Pallonji Mistry<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $16.3 B<\/p>\n<p>Source of wealth: construction<\/p>\n<ol start=\"58\">\n<li><strong>Thomas &amp; Raymond Kwok<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $15.9 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"64\">\n<li><strong>Donald Bren<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $15.2 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"67\">\n<li><strong>Aliko Dangote<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $14.7 B<\/p>\n<p>Source of wealth: cement, sugar, flour<strong>\u00a0<\/strong><\/p>\n<ol start=\"71\">\n<li><strong>Cheng Yu-tung<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $14.4 B<\/p>\n<p>Source of wealth: diversified<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: Based in Hong Kong, Cheng\u2019s New World group of companies is active in property, hospitality and infrastructure.<\/p><\/blockquote>\n<p><strong>More: SM Prime Holdings teams up with Ayala Land and Megaworld to form #TeamTrident<\/strong><strong>\u00a0<\/strong><\/p>\n<ol start=\"73\">\n<li><strong>Henry Sy &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $14.2 B<\/p>\n<p>Source of wealth: diversified<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: The Sy Family\u2019s most prominent investments are in commercial real estate, including the SM Malls, some of the biggest shopping malls in the world.<\/p><\/blockquote>\n<ol start=\"77\">\n<li><strong>Rupert Murdoch &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $13.9 B<\/p>\n<p>Source of wealth: media<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: Although his biggest source of income is through his media conglomerate, Murdoch in recent years has expanded his property holdings and now owns majority interest in Australia\u2019s REA Group and India\u2019s PropTiger.com.<\/p><\/blockquote>\n<ol start=\"80\">\n<li><strong>David &amp; Simon Reuben<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $13.7 B<\/p>\n<p>Source of wealth: investments, real estate<\/p>\n<ol start=\"82\">\n<li><strong>Lui Che Woo<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $13.5 B<\/p>\n<p>Source of wealth: casinos<\/p>\n<ol start=\"91\">\n<li><strong>Gerald Cavendish Grosvenor &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $12.6 B<\/p>\n<p>Source of wealth: real estate<strong>\u00a0<\/strong><\/p>\n<ol start=\"104\">\n<li><strong>Philip Anschutz<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $11.8 B<\/p>\n<p>Source of wealth: investments<\/p>\n<ol start=\"105\">\n<li><strong>Andrew Beal<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $11.7 B<\/p>\n<p>Source of wealth: banks, real estate<\/p>\n<ol start=\"110\">\n<li><strong>Robert Kuok<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $11.3 B<\/p>\n<p>Source of wealth: diversified<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: The Malaysian-Chinese businessman built the first Shangri-La Hotel in Singapore in 1971.<\/p><\/blockquote>\n<ol start=\"114\">\n<li><strong>Joseph Lau<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $10.9 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"116\">\n<li><strong>Mohammed Al Amoudi<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $10.8 B<\/p>\n<p>Source of wealth: oil, diversified<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: The Saudi Arabian sheikh made his fortune in real estate in the Middle East and Africa, and he is said to be the largest individual investor in Ethiopia.<\/p><\/blockquote>\n<ol start=\"125\">\n<li><strong>Mikhail Prokhorov<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $9.9 B<\/p>\n<p>Source of wealth: diversified<\/p>\n<ol start=\"131\">\n<li><strong>Robert &amp; Philip Ng<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $9.6 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"149\">\n<li><strong>Ernesto Bertarelli<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $8.8 B<\/p>\n<p>Source of wealth: biotech, investments<\/p>\n<ol start=\"153\">\n<li><strong>Pan Sutong<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $8.6 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: The chairman of the Goldin Group first ventured in real estate in 2007 when it developed an integrated business, leisure and residential hub in Tianjin.<\/p><\/blockquote>\n<ol start=\"153\">\n<li><strong>Peter Woo<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $8.6 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"156\">\n<li><strong>Eyal Ofer<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $8.5 B<\/p>\n<p>Source of wealth: real estate, shipping<\/p>\n<ol start=\"172\">\n<li><strong>August von Finck<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $7.7 B<\/p>\n<p>Source of wealth: investments<strong>\u00a0<\/strong><\/p>\n<ol start=\"174\">\n<li><strong>Giorgio Armani<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $7.6 B<\/p>\n<p>Source of wealth: fashion<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: The celebrated fashion house is also a huge name in branded residences around the world, and now has significant projects across Asia, including China, the Philippines, Indonesia and India.<strong>\u00a0<\/strong><\/p><\/blockquote>\n<ol start=\"177\">\n<li><strong>Jim Pattison<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $7.5 B<\/p>\n<p>Source of wealth: diversified<\/p>\n<ol start=\"179\">\n<li><strong>Johann Rupert &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $7.4 B<\/p>\n<p>Source of wealth: luxury goods<strong>\u00a0<\/strong><\/p>\n<ol start=\"185\">\n<li><strong>Eli Broad<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $7.2 B<\/p>\n<p>Source of wealth: investments<\/p>\n<ol start=\"185\">\n<li><strong>Charles Cadogan &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $7.2 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"185\">\n<li><strong>Jay Y. Lee<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $7.2 B<\/p>\n<p>Source of wealth: electronics\/tourism<\/p>\n<ol start=\"193\">\n<li><strong>Walter Kwok<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $7 B<\/p>\n<p>Source of wealth: real estate<strong>\u00a0<\/strong><\/p>\n<ol start=\"193\">\n<li><strong>Ralph Lauren<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $7 B<\/p>\n<p>Source of wealth: Ralph Lauren<\/p>\n<ol start=\"199\">\n<li><strong>Goh Cheng Liang<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $6.8 B<\/p>\n<p>Source of wealth: paints<\/p>\n<ol start=\"208\">\n<li><strong>Gautam Adani<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $6.6 B<\/p>\n<p>Source of wealth: commodities, infrastructure<\/p>\n<ol start=\"216\">\n<li><strong>Stephen Ross<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $6.5 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"220\">\n<li><strong>Abdulla bin Ahmad Al Ghurair &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $6.4 B<\/p>\n<p>Source of wealth: diversified<\/p>\n<ol start=\"220\">\n<li><strong>Richard LeFrak &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $6.4 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"220\">\n<li><strong>Charles Schwab<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $6.4 B<\/p>\n<p>Source of wealth: discount brokerage<\/p>\n<ol start=\"225\">\n<li><strong>Stanley Kroenke<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $6.3 B<\/p>\n<p>Source of wealth: sports, real estate<\/p>\n<ol start=\"225\">\n<li><strong>Nassef Sawiris<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $6.3 B<\/p>\n<p>Source of wealth: construction<\/p>\n<ol start=\"230\">\n<li><strong>Majid Al Futtaim<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $6.2 B<\/p>\n<p>Source of wealth: real estate, retail<\/p>\n<ol start=\"230\">\n<li><strong>Hui Ka Yan<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $6.2 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"230\">\n<li><strong>Michael Kadoorie &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $6.2 B<\/p>\n<p>Source of wealth: diversified<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: Educated in Switzerland, Kadoorie now lives in Hong Kong and is chairman of the company that owns and operates the renowned Peninsula Hotel Group.<strong>\u00a0<\/strong><\/p><\/blockquote>\n<ol start=\"240\">\n<li><strong>Chan Laiwa &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $6.1 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"240\">\n<li><strong>Willi &amp; Isolde Liebherr &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $6.1 B<\/p>\n<p>Source of wealth: construction<\/p>\n<ol start=\"240\">\n<li><strong>Ira Rennert<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $6.1 B<\/p>\n<p>Source of wealth: investments<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: Rennert, an industrial entrepreneur, owns one of the most expensive homes in the world, located in Sagaponack, New York.<\/p><\/blockquote>\n<ol start=\"248\">\n<li><strong>Lu Zhiqiang<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $5.9 B<\/p>\n<p>Source of wealth: diversified<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: The Beijing resident owns China Oceanwide, a growing property company.<\/p><\/blockquote>\n<ol start=\"248\">\n<li><strong>Dennis Washington<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $5.9 B<\/p>\n<p>Source of wealth: construction, mining<\/p>\n<ol start=\"254\">\n<li><strong>John Gokongwei Jr<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $5.8 B<\/p>\n<p>Source of wealth: diversified<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: 87-year-old Gokongwei is head of the Robinsons Malls and Robinsons Land empire, as well as budget carrier Cebu Pacific.<\/p><\/blockquote>\n<ol start=\"259\">\n<li><strong>Lin Yu-lin<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $5.7 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"259\">\n<li><strong>Juan-Miguel Villar Mir &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $5.7 B<\/p>\n<p>Source of wealth: construction<\/p>\n<ol start=\"265\">\n<li><strong>Maria Asuncion Aramburuzabala &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $5.6 B<\/p>\n<p>Source of wealth: beer, investments<\/p>\n<ol start=\"265\">\n<li><strong>Ray Lee Hunt<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $5.6 B<\/p>\n<p>Source of wealth: oil, real estate<\/p>\n<ol start=\"265\">\n<li><strong>Quek Leng Chan<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $5.6 B<\/p>\n<p>Source of wealth: banking, real estate<\/p>\n<ol start=\"271\">\n<li><strong>Thomas Schmidheiny<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $5.5 B<\/p>\n<p>Source of wealth: cement<\/p>\n<ol start=\"277\">\n<li><strong>Hui Wing Mau<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $5.4 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"277\">\n<li><strong>Harry Triguboff<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $5.4 B<\/p>\n<p>Source of wealth: property<\/p>\n<ol start=\"283\">\n<li><strong>Leonard Stern<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $5.3 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"291\">\n<li><strong>Vivien Chen &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $5.2 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"291\">\n<li><strong>James Packer<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $5.2 B<\/p>\n<p>Source of wealth: casinos<\/p>\n<ol start=\"291\">\n<li><strong>Enrique Razon Jr<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $5.2 B<\/p>\n<p>Source of wealth: ports<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: Head of Bloombery Resorts, Razon moved up from last year\u2019s ranking of 354th place. His investments include the highly successful Solaire Resorts and Casino in Manila\u2019s Entertainment City.<\/p><\/blockquote>\n<p><strong>Coming up in April: Manila\u2019s new casino and entertainment district could give Las Vegas and Macau a run for their money<\/strong><\/p>\n<ol start=\"309\">\n<li><strong>Pansy Ho<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $5 B<\/p>\n<p>Source of wealth: casinos<\/p>\n<ol start=\"309\">\n<li><strong>Yang Huiyan<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $5 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"318\">\n<li><strong>Kwee brothers<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.9 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"318\">\n<li><strong>Liang Wengen<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.9 B<\/p>\n<p>Source of wealth: construction equipment<\/p>\n<ol start=\"318\">\n<li><strong>Frank Lowy<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.9 B<\/p>\n<p>Source of wealth: shopping malls<\/p>\n<ol start=\"318\">\n<li><strong>Sam Zell<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.9 B<\/p>\n<p>Source of wealth: real estate, private equity<\/p>\n<ol start=\"318\">\n<li><strong>Daniel Ziff<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.9 B<\/p>\n<p>Source of wealth: investments<\/p>\n<ol start=\"318\">\n<li><strong>Dirk Ziff<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.9 B<\/p>\n<p>Source of wealth: investments<\/p>\n<ol start=\"318\">\n<li><strong>Robert Ziff<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.9 B<\/p>\n<p>Source of wealth: investments<\/p>\n<ol start=\"330\">\n<li><strong>Richard Branson<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.8 B<\/p>\n<p>Source of wealth: Virgin<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: Passionate about luxury getaways, the British mogul set up in the early 2000s a business called Virgin Limited Edition, a collection of unique retreats in the most prime and exotic locations.<\/p><\/blockquote>\n<p><strong>Coming up: Virgin Limited Edition in\u00a0<em>Property Report<\/em>\u2019s April 2015 issue<\/strong><\/p>\n<ol start=\"330\">\n<li><strong>Ted Lerner<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.8 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"330\">\n<li><strong>Andrew Tan<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.8 B<\/p>\n<p>Source of wealth: diversified<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: Filipino-Chinese tycoon Tan, chief executive of Megaworld Corporation, was chosen as Real Estate Personality of the Year at the second annual Philippines Property Awards.<\/p><\/blockquote>\n<ol start=\"341\">\n<li><strong>John A. Sobrato &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.7 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"341\">\n<li><strong>Tong Jinquan<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.7 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"352\">\n<li><strong>Lee Shin Cheng<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.6 B<\/p>\n<p>Source of wealth: palm oil, real estate<\/p>\n<ol start=\"369\">\n<li><strong>Filaret Galchev<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.4 B<\/p>\n<p>Source of wealth: construction materials<\/p>\n<ol start=\"369\">\n<li><strong>Ian &amp; Richard Livingstone<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.4 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"369\">\n<li><strong>Lucio Tan &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.4 B<\/p>\n<p>Source of wealth: diversified<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: Tan\u2019s empire includes shareholdings in banking, airline, liquor, tobacco, and real estate via Eton Properties Philippines.<\/p><\/blockquote>\n<ol start=\"381\">\n<li><strong>Anthony Bamford &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.3 B<\/p>\n<p>Source of wealth: construction equipment<\/p>\n<ol start=\"381\">\n<li><strong>Zarakh Iliev<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.3 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"381\">\n<li><strong>God Nisanov<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.3 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"381\">\n<li><strong>Karen Pritzker<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.3 B<\/p>\n<p>Source of wealth: hotels, investments<\/p>\n<ol start=\"393\">\n<li><strong>Kirk Kerkorian<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.2 B<\/p>\n<p>Source of wealth: casinos, investments<\/p>\n<ol start=\"393\">\n<li><strong>Lin Rong San<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.2 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"405\">\n<li><strong>Benu Gopal Bangur<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.1 B<\/p>\n<p>Source of wealth: cement<\/p>\n<ol start=\"405\">\n<li><strong>David Consunji<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.1 B<\/p>\n<p>Source of wealth: construction<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: Consunji, a civil engineer, is chairman of DMCI Holdings, which is involved in urban real estate development, infrastructure and construction.<\/p><\/blockquote>\n<ol start=\"405\">\n<li><strong>Donald Trump<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4.1 B<\/p>\n<p>Source of wealth: television, real estate<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: The bold and vibrant Trump runs the New York City-based Trump Organization with his children Ivanka, Eric and Donald Jr. His latest Asia-based projects include Trump branded residences and estates in India, Dubai and the Philippines.<\/p><\/blockquote>\n<ol start=\"418\">\n<li><strong>Samvel Karapetyan<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4 B<\/p>\n<p>Source of wealth: development<\/p>\n<ol start=\"418\">\n<li><strong>Mitchell Rales<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4 B<\/p>\n<p>Source of wealth: manufacturing, investments<\/p>\n<ol start=\"418\">\n<li><strong>Edward Roski Jr<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"418\">\n<li><strong>Jerry Speyer<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"418\">\n<li><strong>Sun Guangxin<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $4 B<\/p>\n<p>Source of wealth: diversified<\/p>\n<ol start=\"435\">\n<li><strong>Riley Bechtel<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.9 B<\/p>\n<p>Source of wealth: engineering, construction<\/p>\n<ol start=\"435\">\n<li><strong>Stephen Bechtel Jr<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.9 B<\/p>\n<p>Source of wealth: engineering, construction<\/p>\n<ol start=\"435\">\n<li><strong>Nathan Kirsh<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.9 B<\/p>\n<p>Source of wealth: retail, real estate<\/p>\n<ol start=\"452\">\n<li><strong>Bernard Marcus<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.8 B<\/p>\n<p>Source of wealth: Home Depo<strong>\u00a0<\/strong><\/p>\n<ol start=\"452\">\n<li><strong>Krit Ratanarak<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.8 B<\/p>\n<p>Source of wealth: media, real estate<\/p>\n<ol start=\"462\">\n<li><strong>Francis Choi<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.7 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"462\">\n<li><strong>Huang Wei<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.7 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"462\">\n<li><strong>Fredrik Lundberg<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.7 B<\/p>\n<p>Source of wealth: real estate, investments<\/p>\n<ol start=\"462\">\n<li><strong>Akira Mori &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.7 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"462\">\n<li><strong>H. Ross Perot Sr<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.7 B<\/p>\n<p>Source of wealth: computer services, real estate<\/p>\n<ol start=\"481\">\n<li><strong>Martin &amp; Olivier Bouygues<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.6 B<\/p>\n<p>Source of wealth: construction, media<\/p>\n<ol start=\"481\">\n<li><strong>Archie Aldis Emmerson<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.6 B<\/p>\n<p>Source of wealth: timberland, lumber mills<\/p>\n<ol start=\"481\">\n<li><strong>John Gandel<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.6 B<\/p>\n<p>Source of wealth: shopping malls<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: Gandel is an Australian commercial real estate developer who made his fortune in Melbourne. He is also involved in office and hotel properties, and owns stakes in various Australian-listed real estate firms.<\/p><\/blockquote>\n<ol start=\"481\">\n<li><strong>Diane Hendricks<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.6 B<\/p>\n<p>Source of wealth: roofing<\/p>\n<ol start=\"481\">\n<li><strong>Antti Herlin<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.6 B<\/p>\n<p>Source of wealth: elevators, escalators<\/p>\n<ol start=\"481\">\n<li><strong>Igor Olenicoff<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.6 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"481\">\n<li><strong>Sheldon Solow<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.6 B<\/p>\n<p>Source of wealth: real estate<\/p>\n<ol start=\"481\">\n<li><strong>Yitzhak Tshuva<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.6 B<\/p>\n<p>Source of wealth: real estate<strong>\u00a0<\/strong><\/p>\n<ol start=\"497\">\n<li><strong>Edward DeBartolo Jr<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.5 B<\/p>\n<p>Source of wealth: shopping centres<\/p>\n<p><strong>This month: Check out the latest interior design trends from\u00a0<em>Property Report\u2019s\u00a0<\/em>style council<\/strong><\/p>\n<ol start=\"497\">\n<li><strong>Ingvar Kamprad &amp; family<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.5 B<\/p>\n<p>Source of wealth: Ikea<\/p>\n<blockquote><p><em>Property Report<\/em>\u00a0says: IKEA\u2019s founder came up with the name of his global company using his initials, plus \u2018Elmtayrd\u2019, his family\u2019s farm, and \u2018Agunnaryd\u2019, a nearby village from his birthplace.<\/p><\/blockquote>\n<ol start=\"497\">\n<li><strong>Beny Steinmetz<\/strong><\/li>\n<\/ol>\n<p>Net Worth: $3.5 B<\/p>\n<p>Source of wealth: mining, diamonds, real estate<\/p>\n<p>&nbsp;<\/p>\n<p>To view the full list,\u00a0<strong><a href=\"http:\/\/www.forbes.com\/sites\/chasewithorn\/2015\/03\/02\/forbes-billionaires-full-list-of-the-500-richest-people-in-the-world-2015\/\" target=\"_blank\" rel=\"noopener noreferrer\">click here<\/a><\/strong>.<\/p>\n<p>Did we miss anyone? Tell us in the comments, or message us on\u00a0<strong><a href=\"http:\/\/twitter.com\/Property_Report\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a><\/strong>!<\/p>\n<p>&nbsp;<\/p>\n<p><em>Image credit: devbattles.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Baby boomers may remember the pop hit \u201cMoney (That\u2019s What I Want)\u201d by Barrett Strong from the early 1960s \u2013 the Beatles also recorded their own version<\/p>\n","protected":false},"author":2,"featured_media":19916,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-report","news_country-china","news_country-philippines","news_author-richard-allan-aquino"],"acf":[],"yoast_head":"<!-- This site is optimized with 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