Hong Kong Billionaires Top the World’s List

Hong Kong Billionaires Top the World’s List

Hong Kong Billionaires Top the World’s List


Over 50% of the Hong Kong billionaires ranked among the world’s 500 richest people derive their fortunes from property, controlling $119-B in total net worth.

Property moguls from the US, a country with more than 40X HK’s population and almost 9X the representation on the Billionaires Index are worth a combined $78-B.

The world’s richest property mogul is Chinese developer Wang Jianlin, who’s worth $31-B. He was born in Y 1954, he served in the Army between Y’s 1970 and 1986, at which time he was appointed Office Director of the Xigang District Government in Dalian.

He has served as Chairman of the Dalian Wanda Group since Y 1989. The US theater chain AMC Entertainment Holdings (NYSE:AMC) is a unit of the Wanda Group (万达集团 )

Symbol Last Trade Date Change Open High Low Volume
NYSE:AMC 34.25  13 January 2017 0.25 34.2 34.4 33.9 180,200
HeffX-LTN Analysis for AMC: Overall Short Intermediate Long
Bullish (0.28) Neutral (0.12) Bullish (0.36) Bullish (0.35)

Have a terrific weekend.

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