Billionaire Profile
Law Kar Po
Global Rank
#474

Image: Public domain | via Wikimedia Commons

Law Kar Po

CEO, Park Hotel Group
HK
Real-Time Net Worth
$7.7B
As of December 2025
Age
77
Source
Real estate
Industry
real-estate
Citizenship
HK

Biography

Law Kar Po, a prominent Hong Kong billionaire, is a key figure in the real estate and hotel industries. Born in 1948, he is the chairman of the Park Hotel Group, which manages over a dozen hotels in the Asia-Pacific region. His wealth stems from real estate investments and the transformation of his family's textile business. With a net worth of $7.7 billion as of December 5, 2024, Law has earned a global rank of #474. His career reflects entrepreneurial success and commitment to community development.

Wealth Over Time

In-Depth Profile

Early Life

Law Kar Po was born in Hong Kong in 1948, into a family that migrated there with limited resources. His father, Law Ting-pong, established a textile business. Law grew up in a dynamic environment and, with a strong educational background, pursued higher studies to prepare for the business world. Law's upbringing instilled in him the importance of hard work and perseverance, qualities he would later use to overcome obstacles.

Rise to Success

Law Kar Po began his career in the textile industry, working for his father's company. He founded the apparel brand Bossini—Kar-po. In the 1990s, he transitioned to real estate and hotels, acquiring the Park Hotel Group. This strategic shift marked a turning point, allowing him to expand into a major hotel chain. He demonstrated an ability to spot potential in underdeveloped areas and provide affordable housing solutions, crucial factors in his company's expansion. Law's company quickly grew to become one of Hong Kong's most respected real estate development firms.

Key Business Strategies

Law's strategic approach to real estate development contributed to shaping the city's skyline. He diversified into technology, finance, and hospitality, helping weather economic downturns. His investment strategies were marked by cautious yet calculated decisions. He emphasized transparency, fairness, and accountability within his business operations. His approach to management is collaborative, fostering a work environment where employees feel valued and empowered.

Philanthropy

Law Kar Po is known for his commitment to corporate social responsibility, which led to establishing several philanthropic initiatives, focusing on education, health, and poverty alleviation. He has funded numerous educational programs and healthcare projects, particularly focusing on education, as he believes it is the key to lifting people out of poverty. He has made a significant impact on countless lives through his charitable contributions.

Career Milestones

1987

Founded Bossini

Established the first Bossini store, transforming the family's textile business into an apparel brand with global expansion.

1990s

Acquired Park Hotel Group

Shifted focus from textiles to property and hotels, expanding into a major hotel chain across Asia.

Philanthropy & Social Impact

Education and Healthcare

Various Initiatives

Millions

Funded numerous educational programs and healthcare projects, supporting underserved communities.

Business Philosophy & Leadership

Leadership Principles

Commitment to Corporate Social Responsibility

Believes that business should not only generate profit but also contribute to the broader community, leading to philanthropic initiatives.

Transparency and Accountability

Emphasizes fairness and accountability in business operations.