Michael Kadoorie
Diversified

Michael Kadoorie Net Worth

Michael Kadoorie is a prominent figure in Hong Kong, having been born there in 1941. He is the chairman of CLP Holdings, a publicly traded power company co-founded by his family in 1901, and The Hongkong & Shanghai Hotels, a global luxury chain that includes the Peninsula Hotels. He is also a board member of CK Hutchison Holdings, owned by Li Ka-shing. Kadoorie is a descendant of an Iraqi Jewish family who settled in Asia many years ago.
Michael Kadoorie is a member of Diversified

Age, Biography and Wiki

Birth Year 1941
Birth Place Hong Kong, Hong Kong, Hong Kong
Age 82 YEARS OLD
Residence Hong Kong
Education Institut Le Rosey
Occupation Businessman
Known for 18% owner of CLP Group 47% owner of Hongkong and Shanghai Hotels
Title Chairman, CLP Group
Spouse(s) Betty Tamayo
Children Natalie Kadoorie Bettina Kadoorie Philip Kadoorie
Parent(s) Lord Lawrence Kadoorie Muriel Gubbay
Relatives Ronald McAulay (brother-in-law) Andrew McAulay (nephew)

💰 Net worth: $6.1 Billion (2024)

Michael Kadoorie, a prominent figure in Hong Kong, is estimated to have a net worth of $6.1 billion by 2024. Known for his diversified business ventures, Kadoorie has made a name for himself in various industries. With a shrewd business acumen, he has successfully maneuvered through challenges and achieved significant financial success. Kadoorie's wealth is a testament to his remarkable entrepreneurial skills and strategic investments. As a revered businessman, he continues to contribute to the economic growth and development of Hong Kong, leaving a lasting impact on the business landscape.

2009 $4.2 Billion
2010 $5.1 Billion
2011 $6.1 Billion
2012 $6.6 Billion
2013 $9.5 Billion
2014 $8.5 Billion
2015 $6.2 Billion
2016 $5.8 Billion
2017 $6.7 Billion
2018 $7.54 Billion

Biography/Timeline

1890

Kadoorie is the chairman of CLP Holdings Ltd. which his family founded in 1890 and in which they still hold a 35% stake. The utility company provides electricity to 75% of Hong Kong as sole operator (licensed through a Scheme of Control) in Kowloon and the New Territories, and has equity interests in power plants in China, Southeast Asia, Australia and India.

1932

A photography buff, Kadoorie is also a helicopter pilot and a collector of classic cars. He is the owner of a number of rare automobiles including a Bugatti Type 57, a 1932 Rolls-Royce Phantom II by Thrupp & Maberly, a 1934 Hispano-Suiza J12 Vanvooren Cabriolet, a 1969 Lamborghini Miura P400 S, a 1924 Vauxhall 30–98 Tourer, a Talbot T150 CSS Pourtout coupé (ex car of race driver Pagnibon), a Rolls-Royce Phantom III with Gurney Nutting body, and a Rolls-Royce Silver Ghost.

1941

Born in 1941, to a Jewish family, the son of Business tycoon Lawrence Kadoorie (1899–1993) and his wife, Muriel Gubbay. Kadoorie was educated at Kowloon Junior School in Hong Kong as well as Institut Le Rosey in Switzerland. His family's roots in Business in the Far East go back to his grandfather, a descendant of Iraqi Jews originally from Baghdad, who first settled in Shanghai in 1880. After a spell in Bombay, India, his grandfather made a fortune in Shanghai, mostly lost in 1949, and later, in Hong Kong through Finance, real estate and utilities. Headquartered in Hong Kong soon after 1949, Kadoorie's Father and uncle expanded the family businesses into a Diversified group, led by the company flagship CLP Holdings Ltd.

1985

He lives in Hong Kong with his Cuban-American wife, Betty Tamayo, known as "Lady Betty." They have three children: Natalie (born 1985), Bettina, and Philip (born 1992).

1998

In 1998, he spent two months recovering from serious injuries at the John Radcliffe Hospital in Oxford, England after an accident in his vintage Ferrari when the spokes in two of the rebuilt wheels tore through the tyres.

2000

He holds a number of directorships in non-Kadoorie companies. He was a member of the Council of the University of Hong Kong and, in 2000, the Kadoorie Biological Sciences Building opened at the university.

2005

A trustee of the Kadoorie Charitable Foundation, Kadoorie was made an Officer of the Legion of Honor by the government of France and a Commander of the Order of Léopold II of Belgium. He was awarded a knighthood, as a Knight Bachelor, in the Queen's Birthday Honours List in June 2005. In 2004, the University of Hong Kong awarded him an honorary doctorate.

Some Michael Kadoorie images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.