Michael Kadoorie Net Worth

Michael Kadoorie has an estimated net worth of $7.6 billion, according to Forbes Real-Time Billionaires, Michael Kadoorie profile (figures as of October 20, 2026). That is down from a peak of $8.6 billion.

Michael Kadoorie is a Hong Kong businessman known for leading family-backed companies in energy and hotels. He chairs CLP Holdings, a publicly traded power company his family cofounded in 1901. Forbes says CLP now serves 80% of Hong Kong's population. He also chairs Hongkong and Shanghai Hotels, the global luxury chain that includes the Peninsula Hotels. Wikipedia says he is an 18% owner of CLP Group and a member of the Kadoorie family.

His wealth comes mainly from long-held stakes in utilities and hospitality. Wikipedia says the family still held a 35% stake in CLP Holdings, while Kadoorie also owns 47% of Hongkong and Shanghai Hotels. Forbes notes that the hotel company celebrated its 150th anniversary in 2016. Wikipedia also says he controls Metrojet Ltd and Heliservices (HK) Ltd. Forbes put his fortune at $7.6 billion on its real-time tracker as of October 20, 2026.

How Michael Kadoorie makes money

Kadoorie's fortune is tied to long-established family businesses. The biggest is CLP Holdings, the power company his family cofounded in 1901. He is chairman, and Wikipedia describes him as an 18% owner of CLP Group. Forbes says CLP serves 80% of Hong Kong's population. Wikipedia also says it is Hong Kong's largest electricity producer, with equity interests in power plants in China, Southeast Asia and Australia.

His other main source of wealth is Hongkong and Shanghai Hotels. He chairs the company, and Wikipedia says he owns 47% of it. Forbes notes that this global luxury chain includes the Peninsula Hotels. The company marked its 150th anniversary in 2016. Wikipedia also says he controls Metrojet Ltd and Heliservices (HK) Ltd, adding aviation-related businesses to the family's wider portfolio.

How the Forbes estimate moved

Forbes has tracked Kadoorie's wealth across its annual billionaires ranking and its real-time tracker. The estimate went from $8.6 billion in 2019 to $7.3 billion in 2020, then $7.2 billion in 2021 and 2022. It later fell to $6.1 billion in 2023, before rising to $6.3 billion in 2024 and $6.7 billion in 2025. Forbes places him in the energy industry, with wealth from hotels and energy.

The latest Forbes readings are higher than the recent low. Forbes ranked him at $7.7 billion on the 2026 World's Billionaires List. Its real-time tracker showed $7.6 billion in October 2026. That estimate lines up with the businesses tied to his name: a major Hong Kong electricity provider and a hotel company whose brands include the Peninsula Hotels. Both remain central to how his wealth is measured.