Joseph Lau’s profile picture

Joseph Lau

Joseph Lau’s profile picture
Net worth 2018: $16.74 Billion
Industry: Real Estate
Residence: Hong Kong, Hong Kong
Country: Hong Kong
BirthDay: 21 July 1951
Sigh: Leo
Children: 5
BIOGRAPHY

Joseph Lau was bornon 21 July 1951 in Hong Kong, Hong Kong, Hong Kong. Joseph Lau is #79 in List Billionaires People In The World. Property tycoon Lau transferred his 75% stake in Chinese Estates to his new wife and a son in March 2017, citing serious health issues. In November 2016 he took out full page ads announcing his split with a former ex-girlfriend and a mother of his two children. An avid art collector, he boasts pieces from Warhol, Gauguin and Hockney worth at least $1 billion. His brother Thomas is also a billionaire.

NET WORTH STATISTIC
2009

$4 Billion

2010

$5.8 Billion

2011

$6.3 Billion

2012

$6.5 Billion

2013

$7 Billion

2014

$8.4 Billion

2015

$10.9 Billion

2016

$13.1 Billion

2017

$15 Billion

2018

$16.74 Billion

TIMELINE
2017

In 2017, citing serious health issues, the business tycoon has transferred his 75% shares in Chinese Estates to his new wife and his son

2016

On 7 December 2016, Lau married Chan Hoi-wan (Kimbee) at Hong Kong, they have two children

2015

In November 2015, Lau bought another two expensive diamonds

2012

On 31 May 2012, the Macau Court of Final Appeal confirmed that Lau and Steven Lo were involved in the case of offering Macau's former public works chief Ao Man-long HK$20 million over the bid for five plots of land opposite Macau International Airport

2011

In 2011, he was part of Henry Tang's election team for the 2012 chief executive election

2010

Lau Ming-wai, a British citizen, is vice-chairman of Chinese Estates Group and is both chairman of the government's Commission on Youth and on the steering committee of the HK$10 billion Community Care Fund, established in 2010

2007

On 7 November 2007, he made the top purchase of the evening at a Sotheby's auction by paying $39

1980

They had two children: a son, Lau Ming-wai (born 1980) and daughter Jade Lau Sau-yung (born 1983)

1954

Lau married Bo Wing-kam (1954–2003) in 1977 and they were divorced in 1992

1951

Joseph Lau was born on 21 July 1951 in Hong Kong

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