Joseph Lau Net Worth

Joseph Lau’s net worth amounts to
$15.1 Billion

Joseph Lau Wiki Biography

Joseph Lau Luen Hung, born on July 21, 1951 in (then) British Hong Kong Territory, is a well-known businessman and real estate investor. He is widely recognized as the partial owner and chairman of the Chinese Estates Holdings.

As of early 2017, Joseph Lau’s net worth is estimated to be $15.1 billion, primarily earned through his successful career in real estate.

Joseph Lau Net Worth $15.1 Billion

Joseph, the eldest of four siblings, including his successful businessman brother Thomas, pursued his education at the University of Windsor in Canada, where he obtained his degree.

He established the Chinese Estate Holdings with a primary focus on property investment, management, and development. The company later expanded into other business areas such as brokerages and securities investment. As the firm flourished, Joseph’s net worth experienced significant growth, establishing him as one of the most successful company owners in Hong Kong. His current investments in Hong Kong amount to HK$1.9 billion, with plans for further asset investments to potentially increase his wealth.

Joseph demonstrates his wealth through ownership of luxurious assets, including a Boeing 787 Dreamliner, and an extensive collection of valuable art pieces and jewelry. Additionally, he has been involved with charitable endeavors through the Joseph Lau Luen-hung Charitable Trust, supporting various causes such as education, arts, and sports.

Despite his riches, Joseph Lau has faced legal issues, being convicted in Macao for bribery and money laundering, resulting in a five-year jail sentence. However, due to the absence of an extradition treaty between Hong Kong and Macao, Joseph remains free. His health has also caused concern, having undergone a kidney transplant and suffering from heart problems.



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