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 Kong

Source of wealth

Real estate

Residence

Hong Kong, Hong Kong

Marital status

Married

Birth date

05/29/57 (age 67)

Number of children

2

Self-made

inherited and growing

David Fong’s fortune is worth

39K

troy ounces of gold

36K

median U.S. household

24K

median U.S. income

0.047%

U.S. credit card volume

0.009%

GDP of the United States

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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