November 19th, 2017
Richest People in Hong Kong represents a new trend developed by Richieast presenting fortunes, personalities and the businesses that made billions of dollars in just a few years. Joseph Lau is the Chinese Billionaire who owns more than a half of the total Real Estate investments in Hong Kong. In a city where properties are considered to be a luxury and only rich people afford to buy an apartment, Joseph Lau is definitely an important leader of the Richest People in Hong Kong Top. With a fortune estimated at 11 Billion $, Joseph Lau is ranked on the 5th place in the Richest People in Hong Kong series. Born in Hong Kong, the 64 years old billionaire has studied in two prestigious Universities: Santa Clara and University of Windsor and afterwards started investing in real estate and properties.
Founding “ Chinese Estate Holdings”, Joseph Lau managed to expand in order domains of activity such as property management, secure investment or brokerage turning the company into a listed Hong Kong stock market. Being the father of 6 children and a fresh grandfather, Joseph Lau can easily affirm that he’s not only a Richest People in Hong Kong celebrity but also an accomplished dad. His fortune made him also the owner of some unique pieces of art or jewelry, Joseph Lau being really passionate of very expensive auctions. As any Richest People in Hong Kong star, Joseph Lau owns a 50 million $ mansion in Eaton Square – London with a stunning interior, rooftop pool and even a small cinema room. In 2007 Joseph Lau spent 152 million$ for an impressive private Boeing 787 which is able to transport 250 passengers on long distances offering the maximum comfort within a lavish interior. As the year of 2007 was a very profitable one for our Richest People in Hong Kong superstar, Joseph Lau auctioned 39 million $ for the “ Te Poi Poi” themed painting by Paul Gauguin.
His passion for collectables made him own a non-estimated rare wine collection which has more than 10,000 bottles. For the love of his youngest daughter Josephine, the Richest People in Hong Kong Tycoon auctioned in 2009 almost 9.5 million $ for a very rare blue diamond discovered in South Africa. In 2012 Joseph Lau went through a dark period of his life due to a misunderstanding with Macau Authorities which charged him for a bribe accusation while trying to buy a piece of land in Macau. Among private yachts or jets, expensive cars or jewels our Richest People in Hong Kong celebrity is also a carrying philanthropist who founded a charitable organization named after himself which supports education, research, sports or medical care for people in need.