Hong Kong tycoon Thomas Lau, the chairman and CEO of shopping-mall company Lifestyle, has been put on trial twice for insider trading. In 1999 he was cleared of all charges, but in 2006 he was forced to pay $3.9 million to the Chinese government and step down as chairman of the board of Chinese Estates Holdings, his brother Joseph’s real-estate company. (Joseph is also included on the ARTnews Top 200.)

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Thomas Lau

Location:
Hong Kong

Source of wealth:
Real estate

Collecting area:
Modern and contemporary art

Top 200 appearance:
, , , ,

Fun fact:

Forbes estimated Thomas Lau's net worth to be $2.2 billion in 2017.