Hong Kong’s Billionaires Outrank World in Property Wealth: Chart

(Bloomberg) -- More than half of the Hong Kong billionaires ranked among the world’s 500 richest people derive their fortunes from property, controlling $119 billion in total net worth. Property moguls from the U.S., a country with more than 40 times the population and almost nine times the representation on the Bloomberg Billionaires Index are worth a combined $78 billion. The world’s richest property mogul is Chinese developer Wang Jianlin, who’s worth $31 billion.

--With assistance from Jack Witzig To contact the reporter on this story: Devon Pendleton in London at dpendleton@bloomberg.net. To contact the editors responsible for this story: Robert LaFranco at rlafranco@bloomberg.net, Sophie Caronello