Law Kar Po – Billionaire

Law Kar Po chairs the Park Hotel Group, which manages more than a dozen hotels across Asia and caters to the luxury market under the Grand Park and Park Hotel brands. His son Allen runs the business as CEO and is married to a granddaughter of Singapore billionaire banker Wee Cho Yaw. Law’s elder brother Kenneth Lo is also a billionaire.

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.