Rank #2262
Wong Man Li
Net worth $1.8B
Furniture · Hong Kong
- Born
- Feb 12, 1965
- Age
- 61
- Source
- Furniture
- Residence
- Hong Kong
- Citizenship
- Hong Kong
- Marital status
- Married
- Children
- 2
- Education
Net worth over time
Biography
- Wong Man Li is the chairman and CEO of Man Wah Holdings, one of the world's largest suppliers of recliner sofas best known for its high-end Cheers brand.
- It also manufactures and sells mattresses.
- In 2005, Man Wah went public in Singapore and became the first Chinese furniture enterprise on the Main Board of the Singapore Stock Exchange.
- After delisting in 2009, the company re-listed in Hong Kong the following year.
- He got his start earning $4 a day as a factory worker after arriving in Hong Kong from the mainland's Fujian Province in 1990.
- Before a recliner goes into production at Man Wah, it is tested by a machine that pokes it for the equivalent of 72 years of use to see if it stays firm.
Financial assets
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