Source of Wealth:Real Estate
Full Name:Henry Fong Yun Wah
Occupation:Chairman of Hip Shing Hong Group
About Henry Fong Yun Wah
Henry Fong Yun Wah is a prominent Hong Kong business leader and philanthropist who has an estimated net worth of $2.3 billion as of April 2016. According to Forbes, he is the 21st richest person in Hong Kong’s Richest People and 589th in the world.
Dr. Fong Yun Wah has acquired his estimated net worth of $2.3 billion with the sharp rising values of the high-rent real estate portfolio that he has built over the decades through his unlisted Shing Hong Group in Hong Kong. His son, David Fong, serves as the managing director and has taken the lead on five projects in the past four years. These included the boutique Madera hotel in the Jordan district and a luxury residential project with the New World Project, the flagship firm of fellow billionaire Cheng Yu-tung.
Henry Fong Yun Wah serves as the Chairman and Managing Director of Hip Shing Hong (Holdings) Co. Ltd., and the Kam Wah Investment Co. Ltd. He is also the Chairman of Fong Shu Fook Tong Foundation and Fong’s Family Foundation. He is best admired and respected for his success in business and for his support of education and culture. He has provided generous donations to the International Network of Universities which allows the Network to fulfill its mission of encouraging global understanding and cooperation between universities and citizens in countries with different economic circumstances. He was a recipient of the Silver Bauhinia Star in 2000 given by the Government of Hong Kong.
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