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Tycoon's wealth grows US$10.2b this year

Galaxy Entertainment Group founder Lui Che-Woo reaps as Macau draws record gaming revenue

Published Fri, Oct 4, 2013 · 10:00 PM
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Tokyo

GALAXY Entertainment Group Ltd founder Lui Che-Woo's wealth has leaped by US$10.2 billion this year - and US$1 billion in just one day on Thursday - as Macau draws record gaming revenue and his shares hit a new high.

Mr Lui has a net worth of US$22.1 billion, according to the Bloomberg Billionaires Index, and is ranked as the second-richest individual in Asia, trailing only fellow Hong Kong developer Li Ka-Shing. His fortune is now bigger than Lee Shau-Kee, Cheng Yu-Tung, Mukesh Ambani and Gina Rinehart in advancing up the ranks in 2013. Only Facebook Inc's Mark Zuckerberg and Ikea founder Ingvar Kamprad have made more money this year.

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