Michael Kadoorie

$7.58 B

Ranked #476 in World

About Michael Kadoorie

Sir Michael David Kadoorie, a prominent Hong Kong billionaire and cornerstone of the CLP Group—Hong Kong's electricity supplier holding a considerable 18% ownership—continues to steer his family's legacy in the utility and hospitality sectors. With firm roots in the Kadoorie family's storied heritage, Michael, born in 1941, not only helms CLP Holdings with a 35% stake but also commands a 47% share in Hongkong and Shanghai Hotels, ensuring an influential footprint in the region's energy and luxury accommodation landscapes. Diverse in his directorships and lauded with international accolades, Kadoorie remains a figure of business acumen and charitable endeavors.

Born

July 19, 1941

Age

84 years

Source Of Wealth

Hotels, Energy

Industries

Energy

Citizenship

Hong Kong

Residence

Hong Kong

Sir Michael David Kadoorie was born in 1941 to the Jewish Kadoorie family. His father, Lawrence Kadoorie, was a business tycoon, and his mother, Muriel Gubbay, was a homemaker. Michael Kadoorie received his early education at Kowloon Junior School in Hong Kong and later attended Institut Le Rosey in Switzerland.

Michael Kadoorie: Family

The Kadoorie family has a long and illustrious history in the Far East. Michael Kadoorie's grandfather, Elly Kadoorie, was a descendant of Iraqi Jews from Baghdad who settled in Shanghai in 1880. Elly Kadoorie made a fortune in finance, real estate, and utilities, but most of it was lost in 1949. He later moved to Hong Kong, where he continued his business ventures.

Michael Kadoorie's father, Lawrence Kadoorie, and his uncle, Horace Kadoorie, expanded the family businesses into a diversified group, led by CLP Holdings Ltd.

Michael Kadoorie: Career Highlights

Michael Kadoorie is the chairman of CLP Holdings Ltd., a utility company founded by his family in 1890. CLP Holdings Ltd. provides electricity to 75% of Hong Kong and is the sole operator in Kowloon and the New Territories. The company also has equity interests in power plants in China, Southeast Asia, Australia, and India.

In addition to his role at CLP Holdings Ltd., Michael Kadoorie is also the chairman of Hong Kong and Shanghai Hotels, the owners of the Peninsula Hotel Group. He also controls and is a director of Metrojet Ltd and Heliservices (HK) Ltd.

Michael Kadoorie is a strong advocate for renewable energy development. He initiated the establishment of the CLP Research Institute, which focuses on developing new technologies for renewable energy.

He has also held directorships in several non-Kadoorie companies and served as a member of the Council of the University of Hong Kong. In 2000, the Kadoorie Biological Sciences Building was opened at the university in recognition of his contributions.

Michael Kadoorie: Companies

CLP Holdings Ltd.

Hong Kong and Shanghai Hotels
Metrojet Ltd
Heliservices (HK) Ltd

Michael Kadoorie: Major Achievements

Chairman of CLP Holdings Ltd., Hong Kong's largest electricity producer.
Owns 47% of Hongkong and Shanghai Hotels.
Initiated the establishment of the CLP Research Institute for renewable energy development.
Former member of the Council of the University of Hong Kong.

Michael Kadoorie: Awards & Achievements

Trustee of the Kadoorie Charitable Foundation.
Officer of the Legion of Honour by the government of France.
Commander of the Order of Léopold II of Belgium.
Knighted as a Knight Bachelor in the Queen's Birthday Honours List in June 2005.
Honorary doctorate from the University of Hong Kong in 2004.

Michael Kadoorie: Personal Life & Legacy

Michael Kadoorie lived in Hong Kong with his Cuban-American wife, Betty Tamayo, known as "Lady Betty," until her death in Houston, Texas, on 20 June 2021. They had three children together: Natalie, Bettina, and Philip.

Michael Kadoorie's sister, Rita Laura Kadoorie, is married to fellow Hong Kong billionaire Ronald McAulay.

Michael Kadoorie: Trivia

Michael Kadoorie is a keen golfer and has served as the president of the Hong Kong Golf Club.
He is also a patron of the arts and has supported various cultural institutions in Hong Kong.
Michael Kadoorie is known for his philanthropy and has made significant donations to various charitable organizations.

Wealth History

Timeline

1941

Sir Michael David Kadoorie is born into the Jewish Kadoorie family in Hong Kong.

1880

Sir Michael's grandfather, Elly Kadoorie, a descendant of Iraqi Jews from Baghdad, settles in Shanghai and makes a fortune.

1949

Sir Michael's grandfather loses most of his fortune in Shanghai.

1890

CLP Holdings Ltd., founded by the Kadoorie family, is established.

2000

The Kadoorie Biological Sciences Building opens at the University of Hong Kong.

2004

Sir Michael receives an honorary doctorate from the University of Hong Kong.

June 2005

Sir Michael is knighted as a Knight Bachelor in the Queen's Birthday Honours List.

20 June 2021

Sir Michael's wife, Betty Tamayo, known as 'Lady Betty,' passes away in Houston, Texas.

Michael Kadoorie : FAQs

What is Michael Kadoorie's current net worth?

Michael Kadoorie's current net worth is $7.58 billion.

What is Michael Kadoorie's current global rank among billionaires?

Michael Kadoorie holds the 476th position globally among billionaires.

What is Michael Kadoorie's current ranking within the Hong Kong?

Michael Kadoorie holds the 15th position in Hong Kong.

What was the change in Michael Kadoorie's net worth compared to the previous year?

Michael Kadoorie's net worth increased by 589.1 million dollars compared to the previous year 2025, when his net worth was 6.99 billion dollars.

What are Michael Kadoorie's main sources of wealth?

Michael Kadoorie's main source of income comes from Hotels, Energy.

In which industry does Michael Kadoorie primarily operate?

Michael Kadoorie is primarily involved in the Energy industry.

How old is Michael Kadoorie?

Michael Kadoorie is 84 years old.

How many children does Michael Kadoorie have?

Michael Kadoorie has 3 children.

Who is Sir Michael David Kadoorie and what role does he play in CLP Group?

Sir Michael David Kadoorie is a Hong Kong billionaire businessman who serves as the chairman and holds an 18% ownership stake in CLP Group, which is Hong Kong's largest electricity producer.

Can you detail Sir Michael David Kadoorie's ownership in the hotel industry?

Sir Michael David Kadoorie owns 47% of Hongkong and Shanghai Hotels, which is behind the prestigious Peninsula Hotel Group.

What is known about Sir Michael David Kadoorie's family background and education?

Born in 1941, Sir Michael David Kadoorie is a member of the Jewish Kadoorie family, son of Lawrence Kadoorie and Muriel Gubbay. He attended Kowloon Junior School and Institut Le Rosey. His family has business roots in the Far East dating back to his grandfather, Elly Kadoorie.

How extensive is Sir Michael David Kadoorie's involvement in the energy sector?

Sir Michael David Kadoorie is the chairman of CLP Holdings Ltd., which provides electricity to most of Hong Kong and has interests in power plants across Asia and Australia. He has also initiated the CLP Research Institute for renewable energy.

What are some key personal details about Sir Michael David Kadoorie's life and accomplishments?

Apart from his business endeavors, Sir Michael David Kadoorie has been recognized with various honors, including being named an Officer of the Legion of Honour and a Commander of the Order of Léopold II. He was knighted in 2005 and has been awarded an honorary doctorate. He lived in Hong Kong with his late wife, Lady Betty, and has three children. His sister, Rita Laura Kadoorie, is married to Ronald McAulay, another Hong Kong billionaire.