Albert Yeung, a business tycoon from Hong Kong, has a net worth of $1 billion.
As the founder and chairman of the Emperor Group, he gained his wealth through his leadership of several diversified companies.
Founded as a watch retailer in 1942, the group’s interests now include companies involved in financial services, property, watch and jewelry, entertainment and films, hospitality, publishing and printing, furniture and catering, as well as other markets. Additionally, it has more than 500 subsidiaries and branch offices, with a workforce of more than 7,000.
Despite the slowdown in Hong Kong’s real estate market, Albert Yeung remains one of the wealthiest individuals in the city.