Peter Woo Net Worth

Peter Woo has an estimated net worth of $14.1 billion, according to Forbes Real-Time Billionaires, Peter Woo profile (figures as of October 20, 2026). That is up from $10.8 billion in 2019.

Peter Woo is a Hong Kong businessman best known for leading Wheelock & Co. and its main subsidiary, Wharf Holdings. He was chairman of both companies until 19 May 2015. His work centered on property, but the group also held telecom, port, and retail assets. Two of the best-known properties tied to his group are Harbour City in Kowloon and Times Square in central Hong Kong, which make up nearly half of its business assets.

He began his career in 1972 at Chase Manhattan Bank in New York. In 1975, he joined his wife's family business in Hong Kong and built his career in property and related holdings. Over time, Wheelock and Wharf became known for a mix of real estate and other operating businesses, including the luxury department store chain Lane Crawford. Forbes put his net worth at $14.1 billion on its real-time billionaires tracker as of October 20, 2026.

How Peter Woo built his fortune

Woo's wealth comes mainly from real estate. He led Wheelock & Co. and Wharf Holdings for years, with major value tied to flagship Hong Kong properties. Harbour City in Kowloon and Times Square in central Hong Kong represent nearly half of his group's business assets. Those properties sit at the center of his fortune, while the broader group also spans several other business lines beyond development and investment property.

The companies connected to his fortune are not limited to buildings alone. Wheelock and Wharf also control telecom, port, and retailing assets. Their holdings include Lane Crawford, a luxury department store chain. That mix gave the group exposure to several industries, but property remained the main base of Woo's wealth. After he stepped down in 2015, his son Douglas later became chairman of Wheelock and took the company private in 2020.

Forbes net worth updates

Forbes tracked Woo's fortune at $10.8 billion in 2019, then $11.5 billion in 2020, and later $18 billion in 2021. It was $17 billion in 2022 and $15.8 billion in 2023. Those changes show that his estimated wealth moved up and down over time, even as the core of the business stayed tied to large Hong Kong property assets and a wider group of telecom, port, and retail holdings.

More recently, Forbes estimated his wealth at $15.1 billion in 2024, $12.5 billion in 2025, and $15.5 billion in 2026. Forbes Real-Time Billionaires later showed $14.1 billion in Oct 2026. The estimates changed across those years, but the source remained the same broad base: prime real estate led by Harbour City and Times Square, plus ownership interests in businesses such as Lane Crawford and other group assets.