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_how-hong-kong39s-richest-billionaires-made-their-money.webp "Buoyed by an uptick in tourism and consumption, Hong Kong’s economy grew an estimated 3.2% in 2023. Even so the post-pandemic recovery has been slower than expected amid a stagnant property sector and sluggish exports. With an IPO drought, the benchmark Hang Seng index declined 28% since we last measured fortunes a year ago. The collective net worth of Hong Kong’s 50 richest tycoons contracted by 9% to $296 billion.<br/><br/>Overall, 30 list members saw their fortunes fall, including Li Ka-shing, who retained the prime spot even as his net worth declined to $36.2 billion. Shares of Li’s property developer CK Asset Holdings, which has been reducing prices of its residential projects to boost demand, were down by a third from last year.<br/><br/>The list was compiled using information from individuals, analysts, government agencies, stock exchanges, databases and other sources. Net worths were based on stock prices and exchange rates as of the close of markets on Feb. 2 and real-time net worths on Forbes.com may reflect different valuations. The ranking lists both individual and family fortunes, including those shared among relatives. Private companies were valued by using financial ratios and other comparisons with similar companies that are publicly traded. The list can also include foreign citizens with business, residential or other ties to the city, or citizens who don’t reside in the city but have significant business or other ties to the city. The editors reserve the right to amend any information or remove any listees in light of new information.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/janeho/2024/02/21/hong-kongs-50-richest-2024-collective-wealth-slumps-in-a-gloomy-property-and-trade-landscape/?sh=2620080a2176<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_trump39s-removal-from-illinois-primary-ballot-temporarily-halted-by-judge39s-stay.webp "An Illinois judge issued a ruling ordering Donald Trump's removal from the state's Republican primary ballot but immediately stayed the order pending appeal. The judge found Trump should be disqualified as a candidate under the Constitutional ban on \")
_5th-murder.webp "<br/>The manhunt is on for the persons responsible for the shootingdeath of 23 year old Jafari Fraserwho is Tobago's 5th murder victim.<br/><br/>Jafari Fraser of Glamorgan was shot dead on Saturday morning. The motorcar he was driving crashed into Y. C's bar at around 4am, near a bridge along the Pembroke Bay Rd Tobago. Elizabeth Williams has more in this report.")
_classified-france-3944-launch-trailer-124-ps5-games.webp "Classified: France '44 - Launch Trailer | PS5 Games<br/><br/>Classified: France '44 World War Two turn-based strategy game that puts you in the shoes of the French Resistance ahead of D-Day. Build a team of varied resistance fighters and take the fight to the German war machine through stealth, ambush and assault tactics. Make every shot count!<br/><br/>#ps5 #ps5games")
_tyson-vs-spinks-1st-round-knockout.webp "June 27 1988 -- Michael Spinks, Atlantic City, N.J., KO 1 (Retained Undisputed World Heavyweight Title)<br/><br/>Mike Tyson takes on number one contender Michael Spinks. Half way through the first round Tyson springs into action with an awesome body shot putting Spinks down for the first time in his career.")
_disassembling-and-assembling-a-computer.webp "From Basics to Perfection\")
_supreme-court-rules-states-cannot-kick-trump-off-ballot.webp "The Supreme Court on Monday unanimously ruled that states cannot remove former President Donald Trump from the 2024 election ballot, overturning a Colorado court ruling that said he was ineligible to run for office because of his role in the Jan. 6, 2021 Capitol attack.")
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