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Billionaire Profile
Wong Luen Hei
Global Rank
#2303

Wong Luen Hei

CEO, Building materials
Hong Kong, Hong Kong
Real-Time Net Worth
$1.82B
Estimated based on Building materials stock value as of September 10, 2026
-0.07% (24h)
Age
64
Source
Building materials
Industry
Service
Citizenship
China

Biography

Wong Luen Hei is a prominent Chinese businessman and the Chairman of China Lesso Group Holdings, a leading manufacturer in the building materials industry. With an estimated net worth of $14.1 billion (as of March 16, 2026), Wong has significantly impacted the manufacturing sector. His wealth stems from his leadership at China Lesso Group Holdings, a company he has grown into a comprehensive home building solutions provider. The company's offerings include pipes, sanitary ware, and other interior decoration products, benefiting from the growth in China's urbanization and construction boom. Wong's career demonstrates strategic vision and expertise in building materials and related industries.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$1.82B
2025$2.80B
2024$2.70B

Portfolio Holdings

China Lesso Group Holdings

China Lesso Group Holdings

2128.HKmanufacturing
$13.0B
Holdings Value
Ownership
69.13%
Market Cap
$1.90B
Revenue
$3.50B
Foshan, Guangdong, China
Founded 1996
Xingfa Aluminium Holdings Ltd

Xingfa Aluminium Holdings Ltd

00098.HKBuilding materials
$840M
Holdings Value
EDA Group Holdings Ltd

EDA Group Holdings Ltd

02505.HKBuilding materials
$166M
Holdings Value

In-Depth Profile

Early Life and Career

Wong Luen Hei was born in Foshan, China, in 1963. He began his entrepreneurial journey at a young age, starting his first factory at 13. This early venture focused on producing PVC pipes and fittings. His wife, Zuo Xiaoping, became a key business partner in his ventures.

Rise to Success

In 1996, Wong founded Lesso (later China Lesso Group Holdings) in Shunde, China. Under his leadership, Lesso expanded significantly, becoming a leading supplier of building materials. Wong took the company public on the Hong Kong Stock Exchange in 2010. Wong Luen Hei's leadership has transformed Lesso into a large-scale industrial group with 22 advanced production bases.

Key Business Strategies

Wong's business strategies have focused on innovation and diversification. China Lesso diversified its offerings to include a wide range of products, from pipes and fittings to sanitary ware, integrated kitchens, doors, and windows. This comprehensive approach has enabled the company to meet the growing demands of the construction sector. Wong's strategy also involved expanding the company's operations, establishing a nationwide sales network, and forming partnerships with distributors.

Philanthropy

While specific amounts are unavailable, Wong Luen Hei's contributions to the community are not widely publicized.

Career Milestones

1996

Founded Shunde Liansu

Established the company (later China Lesso Group Holdings) in Foshan, Guangdong, focusing on plastic pipes and fittings.

2000

China Lesso IPO

Led Lesso to go public on the Hong Kong Stock Exchange, expanding its market presence and access to capital.

Business Philosophy & Leadership

Notable Quotes

"There are 2 things: Make other people's skills your skills and make other people's opportunities your opportunities."

Billionaires Connected to Wong Luen Hei

Peers in Service

All Service billionaires

Richest in China

All billionaires from China

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Wong Luen Hei's net worth in 2026?
As of 2026, Wong Luen Hei's estimated net worth is $1.822 billion, ranking #2303 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Wong Luen Hei make their money?
Wong Luen Hei's wealth primarily comes from Building materials, most notably through Building materials.
Where is Wong Luen Hei from?
Wong Luen Hei is from China.
How old is Wong Luen Hei?
Wong Luen Hei is 64 years old.

Sources & References

  1. Wong Luen Hei — Forbes profile Forbes