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In the 1990s the Kadoorie family donated US$500,000 for the construction of the new Shanghai Museum. [6]During the 1961 drought in Hong Kong, Kadoorie donated cement and pipes to the Yim Tin Tsai villagers who also contributed money and effort to lay the water mains delivering water from Mud Bay to Yim Tin Tsai island.
Kadoorie is the chairman of CLP Holdings Ltd. which his family founded in 1890 and in which they still hold a 35% stake. [4] The utility company provides electricity to 75% of Hong Kong as sole operator (licensed through a Scheme of Control) in Kowloon and the New Territories, and has equity interests in power plants in China, Southeast Asia, Australia and India.
Sir Michael Kadoorie: $6.3 billion CLP Holdings, Hongkong and Shanghai Hotels: 15: Zhou Qunfei & family: $6.1 billion ... List of Hong Kong people by net worth.
Rita Laura Kadoorie: Children: Andrew McAulay: Relatives: Sir Michael Kadoorie (brother-in-law) ... Forbes estimated his net worth at US$2.6 billion. [2] Personal life
Every three years the Federal Reserve outlines family net worth average and medians by age group. Here’s the latest data, released in October 2023. 35 and under: average of $183,500 and median ...
The family was known as "the Rothschilds of the East" due to the immense wealth they accumulated in Asia. [1] The family's businesses in China, India, and Hong Kong especially, were built to capitalise on the opium trade. As more family members gravitated toward London, they became prominent in England and were ennobled by Queen Victoria.
Walmart's stock price rose 80%, driving gains in the Walton dynasty's net worth. ... The Walton family is the world’s richest as soaring Walmart shares drive the heirs’ net worth to $432 billion.
$38.5 billion family net worth in 2024; based in Racine, Wisconsin. ... The family is collectively worth about $267 billion, according to Forbes. An estimated 45% of Walmart's stock is owned by ...