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Global property prices are increasing, pushing up the amount of wealth generated through real estate. At the same time, the number of ultra-rich who have made their fortune in property is also increasing, particularly in the emerging markets. It comes as no surprise, then, that real estate moguls – particularly those in China and Hong Kong – dominate the list of the richest people in Asia.

These are the region’s top five richest real estate tycoons, based on data from the Forbes Billionaires List. Don’t forget to check out our infographic on the world’s super-rich property tycoons from earlier this year.

Lee Shau Kee

Location: Hong Kong

Net worth: $19.6 billion USD

Lee Shau Kee is the majority owner of Henderson Land Development, the developer behind one of Hong Kong’s landmark skyscrapers, the International Financial Centre. He is the second wealthiest man in Hong Kong, with interests in property, hotels, and restaurants.

Cheng Yu-tung

Location: Hong Kong

Net worth: $16.2 billion USD

With extensive business interests in both Hong Kong and Macau, Cheng Yu-tung owns Chow Tai Fook Enterprises, operator of the Sheraton Marina hotel. He also founded the New World Development group, which is now run by his elder son Henry.

Wang Jianlin

Location: China

Net worth: $15.1 billion USD

As the richest man on the mainland, Wang Jianlin owns an impressive property portfolio: 75 department stores, 85 shopping plazas and 51 five star hotels. He is chairman of the Dalian Wanda Group, one of the largest real estate developers in China.

Thomas and Raymond Kwok

Location: Hong Kong

Net worth: $14 billion USD

The Kwok brothers have one of the largest property portfolios in China and own one of the most influential property developers in Hong Kong. Through their company Sun Hung Kai Properties, the Kwoks has developed some of the most iconic buildings in Hong Kong.

Robert and Phillip Ng

Location: Singapore

Net worth: $11 billion USD

The Ng brothers inherited a property empire from their late father Ng Teng Fong, whose development portfolio included more than 700 hotels, malls, and condos in Singapore and Hong Kong. They have since expanded their business to incorporate property interests in Australia.

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