Rank #494
Michael Kadoorie
Net worth $7.7B
Hotels, energy · Hong Kong
- Born
- Jul 19, 1941
- Age
- 84
- Source
- Hotels, energy
- Residence
- Hong Kong
- Citizenship
- Hong Kong
- Marital status
- Widowed
- Children
- 3
- Education
Net worth over time
Biography
- Michael Kadoorie chairs CLP Holdings, the publicly traded power company his family cofounded in 1901.
- CLP Holdings now serves 80% of Hong Kong's population.
- Kadoorie is also chairman of the Hongkong and Shanghai Hotels, the global luxury chain that includes the Peninsula Hotels.
- The company celebrated its 150th anniversary in 2016.
- Michael's son Philip sits on the board at both CLP Holdings and the Hongkong and Shanghai Hotels.
- Kadoorie is the scion of a family of Iraqi Jews who settled in Asia decades ago.
Financial assets
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