hong kong tycoons

Hong Kong tycoon buys 30 Rolls-Royce Phantoms

Stephen Hung has bought 30 Phantoms to chauffeur guests at a luxury resort he is building in the global gambling capital of Macau.

Macau Casino Magnate Buys Truffles for $330,000

Stanley Ho recently matched his own world record price paid for a truffle when he bought a couple white truffles for a total cost of $330,000 at a truffle auction. The billionaire made his winning...

Site in Hong Kong’s Peak Sells for $1.33 Billion

A rare residential site on Hong Kong's prestigious Victoria Peak fetched 1.33 billion US dollars at auction Wednesday, boosting one of the world's most dizzying luxury property markets. The plot of land at 103 Mount...

Hong Kong prepares for life after the tycoons

Hong Kong's billionaire tycoons enjoy a status close to royalty in Asia's wealth-obsessed financial hub. The city's richest man Li Ka-shing has the fame of a movie star, while the court case involving the will...

Luxury Apartment Deals Collapse in Hong Kong

Hong Kong officials said Wednesday they will look into the controversial sale of a luxury flat that fell through months after its developer said it had snatched world-record price. Property giant Henderson Land Development revealed...

Hong Kong Property Sells for $233 Million

A plot of land in one of Hong Kong's most sought-after areas sold for a record 1.82 billion Hong Kong dollars ($233 million USD) at auction Tuesday. The 4,956-square-metre plot fetched 17 per cent more...

Most Expensive Truffle

A Hong Kong property tycoon and his wife have reportedly paid $160,406 for a huge Italian white truffle in 2006, which may be the world's most expensive ever. Gordon Wu and his wife outbid connoisseurs...

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