What is Henry Fong Yun Wah's Net Worth?
Henry Fong Yun Wah is a Hong Kong businessman who has a net worth of $2.4 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.
