He has been involved in the real estate industry since the 1950s and has built up a portfolio of properties in Hong Kong, China, and other countries. His net worth is largely derived from his investments in real estate and other businesses.
Henry Fong Yun Wah is a member of Richest Billionaires
Age, Biography and Wiki
💰 Net worth: $1.9 Billion (2024)
Henry Fong Yun Wah, a prominent figure in Hong Kong, is anticipated to possess a staggering net worth of $1.9 billion by 2024. Renowned as one of the wealthiest billionaires in Hong Kong, Fong Yun Wah has amassed his immense fortune through his various successful business ventures and strategic investments. Known for his sharp business acumen, he has established himself as a prominent and influential personality within the business landscape of Hong Kong. With his remarkable achievements and vast wealth, Fong Yun Wah continues to inspire and serve as a role model for aspiring entrepreneurs in the region.
Henry Fong Yun Wah Net Worth: Henry Fong Yun Wah is a Hong Kong businessman who has a net worth of $1.9 billion. Born in 1924, Henry Fong Yun Wah is the founder and Chairman of Hip Shing Hong Group (HSH) one of the largest unlisted real estate investment companies in Hong Kong. In 1948, at the age of twenty-four, he founded the HSH group based in Hong Kong. The company currently holds a very diverse portfolio of properties. Its properties are in the residential, commercial, retail, industrial, serviced apartment and hotel sectors. It owns roughly two million square feet of gross floor area. Last year, Hip Shing Hong opened its first boutique hotel, Hotel Madera, in Kowloon, and now plans to acquire a second, on Hong Kong Island.
Henry Fong Yun Wah's son David is now managing director and heir apparent, but the third generation is also rising. David's son Jonathan already serves as an assistant project manager at the company. In addition, Henry Fong Yun Wah is much respected in his business field, and he also serves as the Chairman of Kam Wah Investment Co. Ltd. Furthermore, he sits on many charity boards, like Fong's Family Foundation and Fong Shu Fook Tong Fondation, and he is a great supporter of education and culture who has given many generous donations to the International Network of Universities. In 2000, Henry Fong Yun Wah also won the award the Silver Bauhinia Star. In the past four years, his son, David, has become Managing Director and has led several very high profile projects.
