Joseph Lau

Joseph Lau Luen Hung is a Hong Kong billionaire. He owns a 61% stake in Chinese Estates Holdings and his fortune is estimated by Forbes at $15.1 billion as of April 2017. He is a convicted felon and fugitive in Macau.

• In 2017 Joseph Lau said he’s transferred most of his wealth to his new wife and a son, citing serious health issues.
• In November 2016 he took out full-page newspaper ads announcing his split with a former girlfriend and the mother of two of his children.
• An avid art collector, he boasts pieces from Warhol, Gauguin and Hockney worth at least $1 billion.
• He became a billionaire in 2006 and his brother Thomas is also a billionaire.