Huang Shih Tsai Net Worth $1.4 Billion
Huang Shih Tsai is the founder and chairman of Greater China International Investment Group with the estimated net worth of $1.4 billion as of March 2013. Based on Forbes, he’s the 32nd wealthiest individual in Hong Kong and 1031st in the record of World Billionaires. With his privately held property development company, he has flagship properties like the 300-room Hilton Hotel in central Shenzhen, China. Other property endeavors comprise Great China International Exchange Square and Great China International Financial Center. In addition, it has a land bank with a total gross floor area of more than 4.5 million square meters. Greater China International Investment Group is also engaged in trading, resort businesses, trust management, financial consultancy, ports and logistics. It’s received various recognitions including the “Top 20 Real Estate Firms in Shenzhen” in 2011 as well as the “Top 20 Most Valuable Private Property Enterprises in China” by Hurun Wealth Report 2012. Regardless of the Group, Mr. Huangserves as the manager of Waytung Global Group, a real estate firm where his daughter, Huang Wenxi, is the head of the business.