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Thanks to rapidly rising home prices and the increasing rent prices nationwide, many investors who went all in on home and property purchases are hitting it big—and it’s happening to both large and small investors alike. And with so many stories about how investing has paid off in this unique housing market, plenty of others are ready to climb aboard the real estate investing train.
But while the current U.S. housing market has offered a unique opportunity to make money for the right type of real estate investor, it’s certainly not the only housing market primed for investing—nor is it the only market in history to provide these opportunities. Different markets across the globe—from Hong Kong to London—have helped plenty of investors amass huge fortunes over the last several decades. And in many cases, these markets are still helping build real estate dynasties.
Take, for example, the real estate investors in Hong Kong who capitalized on the political strife in the 1950s and 1960s, which caused real estate prices to plummet. These investors bought in early and at low prices, then grew their real estate conglomerates to the point where they amassed billions upon billions of dollars. The stories of savvy investors snatching up properties or making moves at the right time span across decades and countries, allowing investors to grow their businesses to become quite lucrative.
Real estate platform ZeroDown compiled a list of the 10 richest real estate investors, using data from the Bloomberg Billionaires Index, which updates daily. The investors are linked by their net worth as of Feb. 10, 2022. Keep reading to see how the world’s 10 biggest real estate investors built their fortunes.