I can remember Mrs Thatcher, when property repossessions were at their height, stating that people should just hand their keys back and forget about owning property. Good advice or what? Mind you the Chinese gent at the top of the list is a bit odd considering the Chinese government's likely real involvement.
The world's richest property moguls
Mega-moneyed real estate magnates by country

Brazil – Jose Isaac Peres and family, net worth: $1.3 billion (£1bn)

Now 78, billionaire property baron Jose Isaac Peres was only 22, and an ambitious economics student, when he founded real estate company Vepan, which became the first property firm to be listed on the Brazilian stock exchange. The business has since morphed into Multiplan. It has developed 17 massive shopping malls in Brazil that welcome 160 million customers a year. Peres has done well from it, the mogul now has a fortune of $1.3 billion (£1bn).
Malaysia – Jeffrey Cheah, net worth: $1.3 billion (£1bn)

Netherlands – Lesley Bamberger, net worth: $1.4 billion (£1.1bn)

Ireland – Brian and Luke Comer, net worth: $1.5 billion (£1.2bn)

Slovakia – Ivan Chrenko, net worth: $1.6 billion (£1.3bn)

Norway – Ivar Tollefsen, net worth: $1.6 billion (£1.3bn)

Indonesia – Alexander Tedja, net worth: $1.7 billion (£1.3bn)

France – Alain Taravella, net worth: $1.8 billion (£1.4bn)

New Zealand – Sir Michael Friedlander, net worth: $1.9 billion (£1.5bn)

Lebanon – Bahaa Hariri, net worth: $2.1 billion (£1.6bn)

Spain – Tomás Olivo López, net worth: $2.4 billion (£1.9bn)

The richest of Spain's property magnates, 45-year-old Tomás Olivo López owns the lion's share of General de Galerías Comerciales, which has developed six humongous shopping malls in Catalonia and Andalusia. Like many of the tycoons in our round-up, Olivo López had humble beginnings, having started his career working in a petrol station in his home town of Balsapintada in southeast Spain.
Argentina – Jorge Pérez, net worth: $2.6 billion (£2bn)

Czech Republic – Radovan Vítek, net worth: $3.4 billion (£2.7bn)

Switzerland – Ursula Bechtolsheimer-Kipp, net worth: $3.5 billion (£2.7bn)

Sweden – Fredrik Lundberg, net worth: $4.3 billion (£3.4bn)

Japan – Akira Mori and family, net worth: $4.5 billion (£3.6bn)

Austria – René Benko, net worth: $4.9 billion (£3.8bn)

India – Kushal Pal Singh, net worth: $5.4 billion (£4.3bn)

UAE – Majid Al Futtaim, net worth: $5.4 billion (£4.3bn)

Canada – Naomi Azrieli and family, net worth: $5.8 billion (£4.5bn)

Philippines – Manuel Villar, net worth: $6.2 billion (£4.9bn)

Russia – God Nisanov and Zarakh Iliev, net worth: $6.9 billion (£5.4bn)

Israel – Eyal Ofer, net worth: $9.6 billion (£7.6bn)

Australia – Harry Triguboff, net worth: $10.1 billion (£8bn)

Germany – Alexander Otto, net worth: $10.7 billion (£8.5bn)

Germany's richest property magnate, Alexander Otto, 51, has a major interest in the mail order and real estate company started by his late father Werner in 1949 and controls ECE Projekt Management, which has built 200 shopping malls in Europe. Otto also has a sizeable share in Paramount Group, a commercial real estate firm that owns masses of office space in North America.
Singapore – Robert and Philip Ng, net worth: $12 billion (£9.3bn)

UK – Hugh Grosvenor, 7th Duke of Westminster, net worth: $12.6 billion (£9.8bn)

USA – Donald Bren, net worth: $16.4 billion (£12.8bn)

Donald Trump may be America's most famous real estate tycoon but another Donald qualifies as the nation's wealthiest. In 1958, Bren, who is now 87, constructed his first home in Newport Beach, California with a $10,000 (£7.8k) loan and eventually gained control of the venerable Irvine Company, which has enjoyed remarkable success building suburban master-planned communities and managing buildings in California and other parts of the US.
Thailand – Tos Chirathivat and family, net worth: $21 billion (£16.3bn)

China – Xu Jiayin, net worth: $30.9 billion (£24.5bn)

Xu Jiayin aka Hui Ka Yan, 60, is the world's wealthiest real estate mogul by a long-shot. The third-richest person in China, Xu started Evergrande Group in 1997 and has turned it into China's second-largest property developer not to mention the world's most valuable real estate company. The business has developed more than 700 projects across China and turned over $70 billion (£55bn) last year.
Now read: These 50 people own most of America
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06 June 2019