25 Richest Billionaires in Real Estate Industry

Published on April 28, 2024 at 4:14 pm by Meerub Anjum in Business, Industries, Lists, News

In this article, we will look into the 25 richest billionaires in real estate industry. If you want to skip our detailed analysis of the real estate market, you can go directly to the 5 Richest Billionaires in Real Estate Industry.

Global 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.

The real estate market is facing an investment turndown globally. However, a recent report by PwC suggests that both sellers and buyers are now adjusting to a high interest rate environment. Experts in the market are hopeful about an increase in investments, driven by clarity about monetary policies in the US, Europe, and Asia. Prioritizing sustainability when choosing office spaces is one of the growing market trends in the real estate industry.

On March 13, Reuters reported that Goldman Sachs Asset Management (GSAM) will start actively investing in the US commercial real estate market this year. Rising interest rates and record-high vacancy rates since the pandemic, have led to a decrease in US offices and commercial property prices. This remains a major concern among investors, leading to a drop in investments in the market. Despite this, GSAM expects a market rebound, driven by a potential jump in the US economy.

The affordability of housing remains one of the key concerns in the US, Europe, and the Asia Pacific, inhibiting the growth of the market. On March 25, Reuters reported that single-family home sales fell by 0.3% in the US in February, according to the Commer Department’s Census Bureau. This drop can be attributed to rising mortgage rates, as the average rate on a 30-year fixed-rate mortgage increased to 6.94% in February, according to Freddie Mac. However, on April 23, Reuters reported that the sales are now recovering and reached 693,000 units in March. This represents the highest increase since September 2023. You can also look at the 20 Worst Performing Housing Markets in the US and the 25 Most Underpriced Housing Markets in the US in 2024.

Major Players in the Market

Some of the key players in the global real estate market include Simon Property Group, Inc. (NYSE:SPG), Sun Hung Kai Properties Limited (OTC:SUHJY), and Welltower Inc. (NYSE:WELL).

Simon Property Group, Inc. (NYSE:SPG) is one of the largest real estate companies in the world. It specializes in the acquisition and development of shopping malls, restaurants, and entertainment sites. On April 24, the company announced its plan to add a new store to Woodbury Common Premium Outlets, a leading outlet center in North America. The company also plans to improve customer experience which includes adding a new VIP suite, featuring numerous private spaces. These spaces will be furnished and have a private kitchen, lounge area, and dressing rooms. The VIP suite is expected to open by the end of the year. Moreover, Simon Property Group, Inc. (NYSE:SPG)’s Woodbury Common Premium Outlets plans to open more than 20 new stores in 2024.

Sun Hung Kai Properties Limited (OTC:SUHJY) is a Hong Kong-based real estate company, engaged in the development, construction, and management of properties. Aligning with the current market trends, on February 24, the company announced that it has purchased 9 pieces of electric construction equipment to reduce its carbon footprint. The new electrified equipment will help avoid 240 tonnes of carbon emissions annually. This marks a huge milestone for Sun Hung Kai Properties Limited (OTC:SUHJY), as it embraces sustainability by adopting green alternatives.

Welltower Inc. (NYSE:WELL) is a REIT, that invests in healthcare and wellness infrastructures in the United States, Canada, and the UK. On February 13, the company announced that it has allied with a wellness housing developer and operator, Affinity Living Communities. Welltower Inc. (NYSE:WELL) will acquire its portfolio of 25 purpose-built adult communities, which comprises around 3,900 units. This transaction was processed for $966 million and is expected to close in tranches over the coming months.

With this context, let’s have a look at the 25 richest billionaires in real estate industry.

An expansive outdoor view of a skyline backed by residential complex, symbolizing the company’s real estate solutions.

Methodology

To compile our list of the 25 richest billionaires in real estate industry, we used the real-time billionaire ranking by Forbes. Our list ranks the 25 richest billionaires in real estate industry in ascending order of their net worth, as of April 27.

25 Richest Billionaires in Real Estate Industry

25. Wang Jianlin

Net Worth (2024): $6.4 billion

Wang Jianlin is ranked among the richest billionaires in the real estate industry. He chairs the leading company Dalian Wanda Group, which invests in real estate, finance, and movie theaters. He is one of the biggest commercial real estate developers in the world and owns over five hundred plazas across China. As of April 27, his net worth is $6.4 billion.

24. Wu Yajun

Net Worth (2024): $6.4 billion

Wu Yajun is the co-founder of a leading Hong Kong-based real estate company, Longfor Group Holdings Limited (OTC:LGFRY). As of April 27, her net worth is $6.4 billion. He is ranked 24th on our list.

23. Radovan Vitek

Net Worth (2024): $6.5 billion

Radovan Vitek is a real estate magnate who owns the leading real estate company, CPI Property Group. The group has 1 million square meters of lucrative real estate in Berlin. With a net worth of $6.5 billion, Vitek is ranked among the richest billionaires in the real estate industry.

22. Edward Roski Jr

Net Worth (2024): $6.7 billion

Edward Roski Jr. owns the real estate developer, Majestic Reality in Los Angeles. The company has over 90 million square feet of industrial real estate across the United States. He has a net worth of $6.7 billion, as of April 27.

21. Robert Ng

Net Worth (2024): $7.0 billion

Robert Ng owns the leading private landlord and property developer, Far East organization in Singapore. As of April 27, Robert Ng has a net worth of $7 billion and is ranked among the richest billionaires in the real estate industry.

20. Philip Ng

Net Worth (2024): $7.1 billion

Next up on our list is the brother of Robert Ng, Philip Ng. Both brothers control the leading property-developing company in Singapore. As of April 27th, Philip Ng has a net worth of $7.1 billion.

19. Fredrik Lundberg

Net Worth (2024): $7.4 billion

Fredrik Lundberg serves as the CEO and chairman of the real estate company, L.E. Lundbergforetagen AB. It was founded by his father in 1944 as a construction company. With a net worth of $7.4 billion, he is ranked 19th on our list of the richest billionaires in the real estate industry.

18. Jeff Greene

Net Worth (2024): $7.5 billion

Jeff Greene earned his fortune by buying credit default swaps on mortgage-back bonds. Most of his fortune comes from real estate, equities, and other investments in the United States. He has a net worth of $7.5 billion.

17. Law Kar Po

Net Worth (2024): $7.7 billion

Law Kar Po is the chairman of Park Hotel Group, which develops and manages over a dozen hotels across Asia. He has a net worth of $7.7 billion and is ranked 17th on our list.

16. Igor Olenicoff

Net Worth (2024): $7.7 billion

Igor Olenicoff runs a real estate Empire in the United States Olen Properties. His company owns 17,000 residential units and 8 million square feet of office space across 8 US states. His net worth is valued at $7.7 billion, as of April 27.

15. Ivar Tollefsen

Net Worth (2024): $7.8 billion

Ivar Tollefsen owns a real estate company, called Fredensborg AS, which has 100,000 apartments across Europe. He is one of the richest billionaires in the real estate industry and has a net worth of $7.8 billion.

14. Leonard Stern

Net Worth (2024): $8.1 billion

Leonard Stern entered into the real estate business by acquiring a New Jersey Warehouse. His company, Hartz Mountain has over 260 real estate properties that are located mostly in New Jersey. As of April 27, he has a net worth of $8.1 billion.

13. Francis Choi

Net Worth (2024): $8.2 billion

Francis Choi is ranked 13th on our list of the richest billionaires in the real estate industry. He has earned his fortune through property investments and has a net worth of $8.2 billion, as of April 27.

12. Alexander Otto

Net Worth (2024): $8.6 billion

Alexander Otto owns a majority share of the leading commercial real estate company focused on developing shopping centers, ECE group. He also serves as the CEO of the company and has a net worth of $8.6 billion.

11. David Reuben

Net Worth (2024): $9.3 billion

David Reuben has earned his fortune from real estate and technology. He is one of the richest billionaires in the real estate industry and has a net worth of $9.3 billion.

10. Stephen Ross

Net Worth (2024): $10.1 billion

Stephen Ross founded the housing developing company, Related Companies in 1972. His company has developed and acquired over $60 billion worth of properties across the world. As of April 27, he has a net worth of $10.1 billion.

9. Mangal Prabhat Lodha

Net Worth (2024): $10.6 billion

Ranked 9th on our list, Mangal Prabhat Lodha is the founder of a top properties developer, Lodha Group. Founded in 1980, the company is now known as Macrotech Developers. He has a net worth of $10.6 billion, as of April 27.

8. Kwong Siu-hing

Net Worth (2024): $11.4 billion

Kwong Siu-hing served as the chairperson of Sun Hung Kai Properties Limited (OTC:SUHJY) from 2008 to 2011. She is also one of the biggest shareholders of the company. As of April 27, she has a net worth of $11.4 billion.

7. Manuel Villar

Net Worth (2024): $11.4 billion

Manuel Villar is the chairman of the leading property developer, Vista Land & Lifescapes. With a net worth of $11.4 billion, Villar is ranked 7th on our list of the richest billionaires in real estate.

6. Joseph Lau

Net Worth (2024): $13.1 billion

Joseph Lau is ranked 6th on our list of the richest billionaires in the real estate industry. He is the former chairman of Chinese Estates, a leading property developer. As of April 27, he has a net worth of $13.1 billion.

Click to continue reading and see the 5 Richest Billionaires in Real Estate Industry.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on June 23, 2025 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

The AI infrastructure supercycle
The onshoring boom driven by Trump-era tariffs
A surge in U.S. LNG exports
And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

Access to our Detailed Report on our AI, Tariffs, and Nuclear Energy Stock with 100+% potential upside within 12 to 24 months
BONUS REPORT on our #1 AI-Robotics Stock with 10000% upside potential: Our in-depth report dives deep into our #1 AI/robotics stock’s groundbreaking technology and massive growth potential.
One New Issue of Our Premium Readership Newsletter: You will also receive one new issue per month and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.
One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149
Bonus Content: Premium access to members-only fund manager video interviews
Ad-Free Browsing: Enjoy a month of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
Lifetime Price Guarantee: Your renewal rate will always remain the same as long as your subscription is active.
30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

Insider Monkey Ads

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up

25 Richest Billionaires in Real Estate Industry

Published on April 28, 2024 at 4:14 pm by Meerub Anjum in Business, Industries, Lists, News

Global Real Estate Industry

Major Players in the Market

25 Richest Billionaires in Real Estate Industry

25. Wang Jianlin

24. Wu Yajun

23. Radovan Vitek

22. Edward Roski Jr

21. Robert Ng

20. Philip Ng

19. Fredrik Lundberg

18. Jeff Greene

17. Law Kar Po

16. Igor Olenicoff

15. Ivar Tollefsen

14. Leonard Stern

13. Francis Choi

12. Alexander Otto

11. David Reuben

10. Stephen Ross

9. Mangal Prabhat Lodha

8. Kwong Siu-hing

7. Manuel Villar

6. Joseph Lau

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on June 23, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Premium

Log In

Sign Up

25 Richest Billionaires in Real Estate Industry

Published on April 28, 2024 at 4:14 pm by Meerub Anjum in Business, Industries, Lists, News

Share

Global Real Estate Industry

Major Players in the Market

25 Richest Billionaires in Real Estate Industry

25. Wang Jianlin

24. Wu Yajun

23. Radovan Vitek

22. Edward Roski Jr

21. Robert Ng

20. Philip Ng

19. Fredrik Lundberg

18. Jeff Greene

17. Law Kar Po

16. Igor Olenicoff

15. Ivar Tollefsen

14. Leonard Stern

13. Francis Choi

12. Alexander Otto

11. David Reuben

10. Stephen Ross

9. Mangal Prabhat Lodha

8. Kwong Siu-hing

7. Manuel Villar

6. Joseph Lau

Share

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on June 23, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff