Rank #1797
David Fong
Net worth $2.3B
Real estate · Hong Kong
- Born
- May 29, 1957
- Age
- 69
- Source
- Real estate
- Residence
- Hong Kong
- Citizenship
- Hong Kong
- Marital status
- Married
- Children
- 2
- Education
Net worth over time
Biography
- David Fong is the managing director and co-chairman of Hip Shing Hong Group, one of Hong Kong's largest private real estate investment companies.
- His late father Fong Yun Wah served as chairman of the group until 2022. His uncle is now co-chairman.
- The family had an early sesame-seed-processing business, which eventually gave way to property investment and Hip Shing Hong started in 1948.
- Today the group's businesses span across residential, commercial and hospitality.
- David's son Jonathan is deputy managing director of the group; younger son Vincent runs his own business in healthtech.
- The company's roots date back to 1927, when Fong Yun Wah arrived in Hong Kong with his father from Guangdong province.