5 Richest Billionaires in Real Estate Industry

According to a report by Savills, global real estate which includes residential, commercial real estate, and agricultural land was worth $379.7 trillion in 2022.

The market witnessed a decrease in its value from 2021 to 2022, due to a rise in interest rates and inflation.

However, the market value in 2022 was 18.7% higher compared to the pre-pandemic period.

The residential sector accounted for the highest share of the global real estate market, reaching $287.6 trillion in 2022. Whereas, commercial real estate held a 13% share of total market value.

Methodology

To compile our list of the richest billionaires in real estate industry, we used the real-time billionaire ranking by Forbes. Our list ranks the richest billionaires in real estate industry in ascending order of their net worth, as of April 27.

5. Peter Woo

Net Worth (2024): $14.1 billion

Peter Woo is ranked among the richest billionaires in the real estate industry. Woo has served as a chairman of the leading property developer, Wheelock & Co.

As of April 27, his net worth is valued at $14.1 billion

4. Harry Triguboff

Net Worth (2024): $16.2 billion

Harry Triguboff owns an apartment tower development company, Meriton.

The company has a strong presence in Sydney and provides higher-density living options.

With a net worth of $16.2 billion, he is ranked 4th on our list.

3. Donald Bren

Net Worth (2024): $18.0 billion

Donald Bren is one of the biggest real estate magnates in America. He owns the leading real estate company, Irvine Co., which has 129 million square feet of properties in Southern California.

His company’s portfolio has more than 125 apartment complexes and 590 office buildings.

2. Kushal Pal Singh

Net Worth (2024): $20.3 billion

Kushal Pal Singh is ranked 2nd on our list of the richest billionaires in the real estate industry.

He owns the leading real estate company in India, DLF (NSE:DLF). As of April 27, his net worth is $20.3 billion.

1. Lee Shau Kee

Net Worth (2024): $28.3 billion

Lee Shau Kee tops our list of the richest billionaires in the real estate industry.

He is the co-founder of the leading real estate and property development company, Sun Hung Kai Properties Limited (OTC:SUHJY).

His net worth is $28.3 billion, as of April 27.

Ref: 5 Richest Billionaires in Real Estate Industry (insidermonkey)