Although Hong Kong is not the biggest city in China, it is the richest one.
According to Hong Kong' 40 Richest of 2011 published by Forbes earlier this year, the 40 richest people in Hong Kong are worth $163 billion, up from $135 billion but still below the 2008 peak of $178 billion. By comparison, the 40 richest on the Chinese mainland are worth $137 billion.
In this year's ranking, Li Ka-shing, Kwok family, and Lee Shau Kee are the richest individuals in Hong Kong.
The Hong Kong rich list measures fortunes that are shared among extended families, using shareholding and financial information obtained from the families and individuals, stock exchanges and analysts. Stock prices and exchange rates were locked in Dec. 17, 2010. Private companies were valued based on comparisons with prevailing earnings or other financial ratios.
The followings are the top 40 richest individuals in Hong Kong in 2011:
2010 Net Worth (US$): 890 million
Enterprise: Noble Group
Main focus: commodity
2010 Net Worth (US$): 1.05 billion
Enterprise: Chyau Fwu Group
Main focus: real estate