Top 40 richest people in Hong Kong 2012

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    Fong Yun Wah 方润华

 

Fong Yun Wah, one of the 'Top 40 richest people in Hong Kong 2012'.

Fong Yun Wah [Forbes.com]

 Net Worth: $990 million

Source of Wealth: Real estate

Age: 86

Marital Status: 8 Children

A longtime friend of Li Ka-shing, he built up the Hip Shing Hong Group portfolio of choice properties in Hong Kong. Day-to-day business now in the hands of son David Fong, who says a key to success in Hong Kong these days is service to tenants. Group's new boutique hotel, Madera, scheduled to open early this year in Hong Kong.

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