Hong Kong tycoon Thomas Lau, the managing director of 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 $1.88 billion in 2017.