5 Real Estate Tycoons to Know About

Joseph Lau

The present valuation as estimated by Forbes for this Chinese real estate developer is close to $13.3billion.Lau presently owns three quarters of his company called Chinese Estates. He made headlines after shelling 48.6 million for a 12.03-carat blue diamond at an auction in Geneva. He got the precious gem for his seven year old daughter and this is considered as the most expensive gem auction in history.

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