Rank #1831
Rita Tong Liu
Net worth $2.3B
Real estate · Hong Kong
- Born
- Jun 29, 1948
- Age
- 77
- Source
- Real estate
- Residence
- Hong Kong
- Citizenship
- Hong Kong
- Marital status
- Widowed
- Children
- 2
- Education
Net worth over time
Biography
- Rita Tong Liu's Gale Well Group owns prime office buildings and hotels in Hong Kong.
- She entered the real estate business in 1976, wading into luxury homes and later parking spaces.
- She was married to a high school sweetheart, the eighth of nine sons of Liu Po Shan, founder of Chong Hing Bank.
- After her husband died in 2003, she transitioned into grade A offices, capitalizing on the then-soaring prices in Hong Kong's financial district.
- Her grandmother worked in the family business selling groceries and brewing rice wine in Macau. Then her widowed mother built houses with imported timber.
- Liu is assisted by her two younger brothers, Jacinto and Luis Tong. Jacinto is the CEO and is in charge of investments, while Luis oversees the firm's logistics.