Billionaire Profile
Michael Kadoorie
Global Rank
#493

Image: fklv (Obsolete hipster) from near le Mans, France | CC BY-SA 2.0 | via Wikimedia Commons

Michael Kadoorie

CEO, Hotels
HONG KONG
Real-Time Net Worth
$7.622B
Estimated based on Hotels stock value as of April 20, 2026
+0.51% (24h)
Age
84
Source
Hotels, energy
Industry
Service
Citizenship
HONG KONG

Biography

Sir Michael David Kadoorie (born 1941), a Hong Kong-based billionaire, is a prominent figure in the energy and hospitality sectors. With an estimated net worth of $7.7 billion, he is the chairman of CLP Holdings, Hong Kong's largest electricity provider, and also chairs The Hongkong and Shanghai Hotels, which owns the renowned Peninsula Hotels chain. His wealth stems from these significant holdings, alongside the family's long-standing involvement in real estate and finance. Kadoorie's career began early, taking on leadership roles in the family business after studying at Institut Le Rosey in Switzerland. His career is marked by achievements in leading CLP Holdings and the Peninsula Hotel Group, while the Kadoorie Charitable Foundation has been a cornerstone of his philanthropic efforts.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Born in Hong Kong in 1941, Michael Kadoorie is a member of the prominent Kadoorie family, with roots tracing back to Iraqi Jewish heritage. His grandfather, Elly Kadoorie, established the family business in Hong Kong in 1880 after initially settling in Shanghai. Kadoorie received his education at King George V School in Hong Kong and Institut Le Rosey in Switzerland.

Rise to Success

Kadoorie began his career within the family enterprises, entering Sir Elly Kadoorie & Sons Limited in 1964. He became chairman of China Light & Power (now CLP Holdings) in 1967 at age 26 and has held the position through the company's expansion. He took on the chairmanship of The Hongkong and Shanghai Hotels in 1985, overseeing the Peninsula Hotels chain.

Key Business Strategies

Kadoorie's leadership has focused on growing and diversifying the family's businesses. For CLP Holdings, this involved expanding its reach in Hong Kong and into mainland China, as well as markets in Australia and India. With The Hongkong and Shanghai Hotels, he has maintained and grown the luxury Peninsula Hotels brand. He has also focused on renewable energy initiatives through CLP Holdings.

Philanthropy

Kadoorie is actively involved in philanthropy through the Kadoorie Charitable Foundation, supporting various educational and agricultural projects, particularly in Nepal, helping over one million people. He has also supported projects in Hong Kong and Shanghai.

Career Milestones

1967

Chairman of CLP Holdings

Assumed chairmanship of the Hong Kong utility company, guiding its expansion.

1985

Chairman of The Hongkong and Shanghai Hotels

Took over the leadership of the company that owns the Peninsula Hotels chain.

2005

Knighted

Received a knighthood in the Queen's Birthday Honours List.

Philanthropy & Social Impact

Education and Agriculture

Kadoorie Charitable Foundation

Undisclosed

Supports educational and agricultural projects in Nepal and India.

Business Philosophy & Leadership

Notable Quotes

"“Without Shareholders, there will be no Company...”"

Leadership Principles

Commitment to Family Legacy

Maintaining and growing the family's business interests through strategic decisions.

Philanthropic Endeavors

Supporting charitable initiatives and giving back to the community through the Kadoorie Charitable Foundation.