Henry Fong Yun Wah Net Worth: $2.4 billion
| Net Worth | $2.4 billion |
|---|---|
| Salary | N/A |
| Birthdate | 1924 |
| Birthplace | Hong Kong |
| Gender | Male |
| Height | N/A |
| Profession | Businessman, Chairman of Hip Shing Hong Group (HSH) |
| Nationality | Hong Kong |
Highlights
– Henry Fong Yun Wah is a Hong Kong businessman with a net worth of $2.4 billion.
– He is the founder and Chairman of Hip Shing Hong Group (HSH), one of the largest unlisted real estate investment companies in Hong Kong.
– Hip Shing Hong Group has a diverse portfolio of properties in the residential, commercial, retail, industrial, serviced apartment, and hotel sectors.
– Henry Fong Yun Wah’s son David is the managing director and heir apparent of the company.
– He is highly respected in his business field and serves as the Chairman of Kam Wah Investment Co. Ltd.
– Henry Fong Yun Wah is actively involved in various charity boards and is a great supporter of education and culture.
– He has received numerous awards and recognition for his contributions to the business and philanthropic sectors.
Early Life
Henry Fong Yun Wah was born in 1924 in Hong Kong. Little is known about his early life and upbringing.
Career
In 1948, at the age of twenty-four, Henry Fong Yun Wah founded Hip Shing Hong Group (HSH) in Hong Kong. The company has grown to become one of the largest unlisted real estate investment companies in Hong Kong.
Hip Shing Hong Group holds a diverse portfolio of properties, including residential, commercial, retail, industrial, serviced apartment, and hotel sectors. The company owns approximately two million square feet of gross floor area.
Under his leadership, Hip Shing Hong Group has expanded its presence in the real estate market and embarked on notable projects. In recent years, the company opened its first boutique hotel, Hotel Madera, in Kowloon, and plans to acquire a second hotel on Hong Kong Island.
Henry Fong Yun Wah’s son David is now the managing director of the company and is actively involved in leading high-profile projects.
In addition to his business ventures, Henry Fong Yun Wah serves as the Chairman of Kam Wah Investment Co. Ltd. He also holds positions in various charity boards and is known for his generous donations to educational and cultural organizations.
Personal Life
Henry Fong Yun Wah’s personal life is relatively private. He is married and has a son named David, who is the managing director and heir apparent of Hip Shing Hong Group.
Henry Fong Yun Wah is well-regarded in his business field and is highly respected for his philanthropic efforts. He has been actively involved in supporting education and culture, and his contributions have made a significant impact on various organizations.
Net Worth Over Time
Henry Fong Yun Wah’s net worth has grown significantly over the years. As of now, his estimated net worth is $2.4 billion.
His involvement in the real estate industry, particularly through his company Hip Shing Hong Group, has been instrumental in accumulating his wealth.
While his exact net worth progression over time is not available, it is evident that his successful business ventures and wise investments have contributed to his current wealth.
Components of Net Worth
Henry Fong Yun Wah’s net worth of $2.4 billion primarily stems from his real estate investments and ownership through Hip Shing Hong Group. The diverse property portfolio of the company, including residential, commercial, retail, industrial, serviced apartment, and hotel sectors, has contributed to his substantial wealth.
Additionally, he has made savvy business decisions and investments that have further enhanced his net worth. His involvement in various charitable organizations also showcases his dedication to giving back to the community.
All net worths are calculated using data drawn from public sources. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated, they are only estimates. We welcome all corrections and feedback.