Forbes currently ranks Cheng as the 39th richest person in the world, with a net worth of $16.0 billion. He has extensive business dealings and real estate interests in both Hong Kong and Macau. He owns Chow Tai Fook Enterprises, a conglomerate which operates the Sheraton Marina hotel and controls the publicly listed New World group. He also has interests in Shun Tak Holdings, and the Sociedade de Turismo e Diversoes de Macau, owned by Stanley Ho.
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