Henry Fang Runhua Net Worth
Henry Fong Yun Wah Net Worth: Henry Fong Yun Wah is a Hong Kong businessman with a net worth of $2.4 billion. Fang Runhua, born in 1924, 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 24, he founded the HSH Group in Hong Kong. The company currently has a very diverse portfolio of properties. Its properties span residential, commercial, retail, industrial, serviced apartments and hotels. It has a gross floor area of approximately 2 million square feet. Hip Shing Hong opened its first boutique hotel, the Madeira Hotel in Kowloon last year, and now plans to acquire a second boutique hotel on Hong Kong Island. Henry Fong Yun Wah’s son David is now managing director and heir, but a third generation is also on the rise. David’s son Jonathan is already working as an assistant project manager at the company. In addition, Fang Runhua is highly regarded in his business field and concurrently serves as the chairman of Jinhua Investment Co., Ltd. In addition, he is a director of several charities such as the Fong Family Foundation and the Fong Shu Fook Tong Foundation, and he is a strong supporter of education and culture, having donated generously to the International University Network. In 2000, Fang Runhua was also awarded the Silver Bauhinia Star. Over the past four years, his son David has become managing director and has led several high-profile projects.
