Real estate is a remugient business in the world now, and practically every one of the well off individuals are engaged with this business. Truth be told, greater part of entrepreneurs have without a doubt found themselves mixed up with real estate.
As per research, it is one of the most profitable business, but it involves huge load of cash to invest. In the real estate fortes, the Investment Properties – make more than $79,000. And in the foreign Investment, relocation, commercial properties, luxury properties, income generation ranges between $91,000-$291,000 and even more depending on the investment.
Property values are on the upward trend, and so too are the bank balances of the world’s richest real estate investors. With the global financial crisis of the mid-noughties now but a distant memory, it seems real estate is the business to be in if you want to make some truckload of money faster.
Both commercial and residential properties are faring over and above anyone’s expectations previously, with global office rents and private property estimations expanding on a year on year premise. By far, most of the sector’s wealth lies in the pockets of a first class group of property magnates.
Many of these property tycoons who include: 75 year old Richard Lefrak, Pan Sutong, Chan Laiwa and Family, Kwee Brother, Stephen Ross and a few others have made billions of dollars from real estate.
Among the list is Yang Huiyan, who is perhaps the richest woman in China. Aside from the list mentioned above, one them who is by all accounts, doing very well in real estate in Hong Kong is Lee Shau Kee GBM. He is a Hong Kong business icon, financial backer, and a philanthropist.
Lee Shau Kee is a real estate head honcho and majority owner of Henderson Land Development, a property conglomerate with interests in property, hotels, restaurants and internet services. Henderson Land Development property portfolio constitutes the majority of his mammoth.
As at March 2022, the 94 year old is Net worth: 33.6 billion USD as indicated by Forbes. Lee Shau Kee is arguably the richest man in Hong Kong, and among the list of richest persons in the world.