Inside the Hong Kong billionaire enclave name-dropped in ‘Crazy Rich Asians,’ where Alibaba founder Jack Ma may have bought a $191 million mansion

• Hong Kong‘s most expensive neighborhood is The Peak.
• You may have heard of it in Kevin Kwan’s novel “Crazy Rich Asians,” which was turned into a summer blockbuster.
• The Peak is a gorgeous, secluded neighborhood that overlooks Hong Kong and is home to bankers, expatriates, business magnates, celebrities, and millionaires and billionaires.
• Jack Ma, the Chinese billionaire who founded Alibaba, is said to have purchased a $191 million mansion in the neighborhood in 2015, but it has never been confirmed.

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Every city has that neighborhood — an address that signifies wealth. New York City has Fifth Avenue, London has Kensington, and read more >>>

Source : BusinessInsider.Com