Net Worth: $5.3 Billion
- Source of Wealth Real Estate, Hotels
- Birth Place Kowloon, Hong Kong
- Marital Status Married
- Full Name Kar Po Law
- Nationality Chinese
- Date of Birth January 1, 1948
- Occupation Chairman, Park Hotel Group
- Children 3
About Kar Po Law
Hong Kong billionaire Kar Po Law has an estimated net worth of over $5.3 billion as of November 2016 according to Forbes. He is ranked 13th according to Forbes list of 50 Richest People in Hong Kong. He is also the 248th richest person on the list of World Billionaires.
Coming from a family with apparel business, Kar Po Law has earned his estimated net worth of $2.6 billion from real estate and hotels. He is the owner of Lobo Investment, a company that invests in real estate and hotels such as Grand Park Orchard in Singapore. His strategy for success is to “buy very low, sell very high and pay close attention to Feng Shui.” His wealth was up by more than $1 billion compared to last year as the values of real estate and hotels keep soaring.
Mr. Law’s other current projects include the luxury De Yucca villas in the northern Hong Kong mountain location. It used to be a romantic hot spot for couples in the 1950’s and 1960’s. His son, Allen, is in-charge of the hotel business while his daughter, Wendy, is the executive director of Park Retail Group which has three Knightsbridge department stores.
Kar Po Law is the Chairman of China Infrastructure Investment Limited and the Honesty Treasure International Holdings Limited. He is also the Managing Director of Lobo Investment Limited.
Earnings & Financial Data
The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Kar Po Law's net worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more.
- Earnings 2013
Sale of Asset 2013
Selling value of Kar Po Law's Park Hotel Clarke Quay in Singapore