Michael Kadoorie Net Worth

Net Worth: $7.2 Billion
Statistics
  • Source of Wealth:

    Hotels
  • Birth Place:

    Hong Kong China
  • Marital Status:

    Married (Lady Betty)
  • Full Name:

    Michael David Kadoorie
  • Nationality:

    Hong Kong
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About Michael David Kadoorie

Philanthropist and business executive Michael Kadoorie has an estimated net worth of $7.2 billion as of July 2017, according to Bloomberg. In March 2011, he was listed by Forbes as Hong Kong's sixth wealthiest man.

Born in 1941 in Hong Kong, Michael Kadoorie is still based in Hong Kong with his wife Lady Betty. Kadoorie has three children and is of Iraqi Jews ancestry.

He currently serves as the Chairman of CLP Holdings Ltd., a company which was founded in 1890 by his family. Today, the Kadoorie family still owns 35% of the company's stakes. He is also the Chairman of The Hong Kong and Shanghai Hotels, the second largest listed group of the company which owns and operates the famous Peninsula Hotel Group. He also serves as the director of  Metrojet Ltd.Heliservices (Hong Kong) Limited.