In this article, we will take a look at the 5 richest hotel owners in the world. If you wish to check out more hotel owners as well as detailed analysis of the hotel indsutry and billionaire wealth, head over to the 15 Richest Hotel Owners in the World.
5. Robert Rowling
Net Worth: $6 billion
American billionaire businessman Robert Rowling has an estimated net worth of $6 billion. He is the owner of TRT Holdings, a Texas-based private holding company which owns the hotel chain Omni Hotels & Resorts. Omni Hotels & Resorts is an international luxury hotel company with more than 50 hotels and restaurants across North America. Based in Dallas, Texas, the hotels are best known for their luxury offerings. The hotel chain has also been opening new hotels in Boston, Atlanta, and Dallas. Rowling is also a donor, contributing to organizations such as super PAC American Crossroads, Texas Conservatives Fund, and even University of Texas business school.
4. Michael Kadoorie
Net Worth: $6 billion
Michael David Kadoorie is a Hong Kong billionaire and businessman. Not only is he the chairman and 18% owner of Hong Kong’s largest electricity producer; the CLP group, but also holds a 59% ownership stake in Hong Kong and Shanghai Hotels. HongKong and Shanghai Hotels is a holding company responsible for the ownership, hotel management, and development of the Peninsula Hotels. Kadoorie also holds ownership in the Peninsula hotels through his wife and trusts, according to Bloomberg’s 2022 annual report. In 2022, Kadoorie paid $337.5 million to boost his family’s shares in HongKong and Shanghai Hotels, increasing his family ownership to 72%.
3. Karen Pritzker
Net Worth: $6.2 billion
Karen Pritzker is a billionaire with an estimated net worth of $6.2 billion. She derives her wealth largely from her ownership in the Pritzker group. A.N. Pritzker, her grandfather, had built the industrial conglomerate together with his sons called the Marmon and Hyatt Hotels. Karen Pritzker is one of the 11 billionaires who are heir to this Pritzker wealth. Her’s is one of the wealthiest families in the United States, and many other members of the family have made it to our list of the richest hotel owners in the world.
2. Lui Che-Woo
Net Worth: $14.4 billion
Lui Chee-Woo is a Hong Kong businessman, philanthropist, and investor, with an estimated net worth of $14.4 billion. Chee-Woo is in control of the K. Wah Group, a Hong Kong conglomerate that has stakes in casino operator Galaxy Entertainment as well as property developer K. Wah International. In 2018, Lui Che-Woo bought a $928 million stake at Wynn Resorts. His wealth also reflects his stakes in Stanford Hotels under his K. Wah Group Conglomerate. The hotel business comprises a dozen hotels across US and Hong Kong.
1. Bernard Arnault
Net Worth: US $187 billion
One of the richest hotel owners in the world is none other Bernard Arnault. Arnault holds the said title while also being the one of the richest individuals globally, surpassed only by Elon Musk. With a net worth of $187 billion, Arnault is the CEO and chairman of luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton. Moreover, LVMH has also established a name for itself in the luxury hospitality sector, with Cheval Blanc Maisons, Bvlgari Hotels, and the Belmond group to its name, amongst others. Currently, its hotel properties span across 24 countries and counting.
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