Billionaire Profile
Michael Kadoorie
Global Rank
#548

Image: Public domain | via Wikimedia Commons

Michael Kadoorie

CEO, CLP Holdings
HK
Real-Time Net Worth
$6.9B
As of December 2025
Age
84
Source
Hotels, energy
Industry
energy
Citizenship
HK

Biography

Sir Michael David Kadoorie (born 1941) is a Hong Kong-based billionaire businessman, ranked #507 on Forbes' 2025 Billionaires list. His primary sources of wealth are hotels and energy. Kadoorie is the chairman of CLP Holdings, the largest electricity producer in Hong Kong, serving 80% of the population. He is also the chairman of The Hongkong and Shanghai Hotels, which operates the Peninsula Hotels chain. His career began by joining his family's enterprises, eventually leading him to take leadership roles in both the energy and hospitality sectors. Kadoorie's achievements include steering CLP Holdings towards sustainability and innovation and preserving Hong Kong's heritage through the Peninsula Hotels.

Wealth Over Time

In-Depth Profile

Early Life

Michael Kadoorie was born in Hong Kong in 1941, into a prominent Jewish family with roots in Baghdad. His grandfather, Elly Kadoorie, established the family business in Hong Kong in 1880. His early childhood was marked by the Second World War, during which his family was interned by Japanese forces. Kadoorie was educated at Kowloon Junior School in Hong Kong and Institut Le Rosey in Switzerland.

Rise to Success

Kadoorie joined the family enterprises in the early 1960s. He became chairman of China Light & Power (now CLP Holdings) in 1967 at the age of 26. He also became chairman of The Hongkong and Shanghai Hotels in 1985. Under his leadership, CLP Holdings expanded its operations and infrastructure in Hong Kong and Mainland China. He has overseen the growth of the Peninsula Hotels, maintaining their reputation for luxury and excellence.

Key Business Strategies

Kadoorie's business strategies include a focus on long-term investments, and diversification. His leadership at CLP Holdings has emphasized sustainability and innovation, including renewable energy projects. The family has maintained a focus on stewardship, with succession planned through family trusts.

Philanthropy

The Kadoorie family has a long history of philanthropy, supporting education, healthcare, and cultural preservation. Michael Kadoorie has continued this tradition, contributing to numerous causes and initiating projects such as the Kadoorie Farm and Botanic Garden. The Kadoorie Charitable Foundation has supported educational and agricultural projects.

Career Milestones

1967

Chairman of China Light & Power (CLP Holdings)

Assumed leadership of the company at age 26, guiding its expansion in Hong Kong and China.

1985

Chairman of The Hongkong and Shanghai Hotels

Oversaw the Peninsula Hotels' operations, maintaining their luxury standards.

2005

Knighted

Knighted by Queen Elizabeth II.

Philanthropy & Social Impact

Education, Community Development

Kadoorie Charitable Foundation

Unknown

Supports educational, agricultural, and community development projects.

Conservation

Kadoorie Farm and Botanic Garden

Unknown

Conservation center and educational facility.