Cheng Yu-Tung Net Worth

Net Worth: $16.5 Billion
  • Source of Wealth:

    Real Estate, Jewelry
  • Age:

  • Birth Place:

    Shunde, Guangdong, Republic of China
  • Marital Status:

    Marriage to Tsui-ying Chow
  • Full Name:

    Cheng Yu-Tung
  • Nationality:

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About Cheng Yu-Tung

Cheng Yu-Tung is a Hong Kong billionaire with an estimated net worth of $16.5 billion in January 2018. In the Hong Kong’s “50 Richest” list of billionaires, he is the fourth richest person and is ranked 44th in the list of World Billionaires. Born on August 26, 1925 in Shunde, Guangdong, Republic of China, he has extensive dealings and real estate interests both in Hong Kong and Macau.


At the end of 2012, Cheng Yu-Tung stepped down as the Chairman and CEO of New World Development. He was succeeded by his son Henry. He currently serves as the honorary consul of Bhutan in Hong Kong and sits on the board of the third largest bank in Hong Kong, the Hang Seng bank.