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David Fong
$2.35B
as of 07/05/24
About David Fong
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 the general manager of the group; younger son Vincent runs his own business in healthtech.
Personal stats
Citizenship
Hong KongSource of wealth
Real estateResidence
Hong Kong, Hong KongMarital status
MarriedBirth date
05/29/57 (age 67)Number of children
2Self-made
inherited and growingDavid Fong’s fortune is worth
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39K
troy ounces of gold
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36K
median U.S. household
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24K
median U.S. income
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0.047%
U.S. credit card volume
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0.009%
GDP of the United States
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0.007%
United States debt
Net worth history
Annual ranking
Did you know?
The company's roots date back to 1927, when Fong Yun Wah arrived in Hong Kong with his father from Guangdong province.
Net worth over time
Real-time ranking
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