Hong Kong property tycoon Joseph Lau Luen-Hung has a reputation for making extravagant purchases of art, jets, wine and jewelry.

FORBES: Tycoon's Two Girlfriends Seek $1.4 Billion Of AIA Shares

Property billionaire Joseph Lau is the highest new entry on a list of the richest people in Britain compiled by the Sunday Times.

FORBES: Hong Kong Tycoon Cracks List Of Britain's Super-Rich

Speculation about the future of the business empire of Hong Kong billionaire Joseph Lau is building after it was disclosed on Wednesday that he will face bribery and money-laundering charges in Macau.

FORBES: Speculation Builds About Hong Kong Billionaire Joseph Lau's Empire After Bribery Case Set