Founder of Tesla supplier CATL topples Li Ka-shing as Hong Kong’s richest man
- Robin Zeng Yuqun’s real-time net worth has surpassed that of Li Ka-shing’s by US$0.2 billion in Forbes’s real-time billionaires’ rankings
- A boom in EVs has helped Zeng’s net worth grow more than 2.5 times since March 2020
Zeng’s real-time net worth, which stood at US$34.5 billion as of Wednesday, has surpassed that of Li’s by US$0.2 billion. They were ranked 41st and 42nd respectively, in the magazine’s real-time global rich list.
The Forbes real-time billionaires’ rankings track the net worth of each of the world’s richest people and are updated in real time. This is not the magazine’s annual rich list. As of Wednesday, Amazon’s Jeff Bezos topped the list with a net worth of US$193.2 billion, followed by LVMH’s Bernard Arnault and family.
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How Li Ka-shing became Hong Kong's richest man
Li, 92, on the other hand, has been Hong Kong’s richest man for decades. He founded the conglomerate Cheung Kong Holdings. In 2018, he stood down with son Victor Li Tzar-kuoi succeeding him at the helm of the conglomerate.