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Billionaire Profile
Wong Man Li
Global Rank
#2445

Wong Man Li

CEO, Furniture
Hong Kong
Real-Time Net Worth
$1.70B
Estimated based on Furniture stock value as of September 10, 2026
-1.71% (24h)
Age
61
Source
Furniture
Industry
Manufacturing
Citizenship
Hong Kong

Biography

Wong Man Li, a Hong Kong-based entrepreneur, is the Chairman and CEO of Man Wah Holdings, one of the world's largest suppliers of recliner sofas and mattresses. His source of wealth stems from the furniture manufacturing industry. Born in 1965, Wong is a self-made billionaire who founded Man Wah Holdings in 1992. Under his leadership, the company has grown into a global enterprise with a strong presence in the U.S., China, and other markets. Wong is known for his focus on quality, innovation, and expanding Man Wah's market reach. His dedication to these principles has enabled him to achieve significant success and recognition in the business world. As of March 25, 2026, Wong's net worth is estimated to be $2.13 Billion, ranking him among the world's wealthiest individuals.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$1.70B
2025$2.40B
2024$2.00B
2023$3.10B
2022$2.20B
2021$2.20B
2020$2.30B

Portfolio Holdings

Man Wah Holdings

Man Wah Holdings

1999.HKmanufacturing
Hong Kong
Founded 1992

In-Depth Profile

Early Life

Wong Man Li's journey began after arriving in Hong Kong from mainland China in 1990, starting as a factory worker. He was 28 years old when he founded Man Wah Holdings in 1992.

Rise to Success

Wong's entrepreneurial vision led him to identify the furniture business as a promising venture, due to lower capital requirements and easier access to customers. His focus on reclining chairs and sofas, along with establishing partnerships with foreign companies, accelerated Man Wah's growth. The company's expansion in the U.S. market, including partnerships with major retailers, significantly boosted its sales and brand recognition.

Key Business Strategies

Key strategies include focusing on a specific product line (recliners and sofas), direct shipping, and expanding into the Chinese market through franchised retail stores.

Philanthropy

Wong is also known for his philanthropic activities, including his support for the City of Hope organization, a leader in cancer care and research, and also supports communities in cities where Man Wah has a presence.

Career Milestones

1992

Founded Man Wah Holdings

Wong Man Li founded Man Wah Holdings, which has become one of the largest furniture suppliers globally.

2005

Man Wah Holdings went Public

Man Wah went public in Singapore.

2022

Appointed as CEO

Mr. Wong, an executive Director of the Company, and the Chairman of the Board, has been appointed as the CEO of the Company with effect from 21 March 2022.

Philanthropy & Social Impact

Healthcare

City of Hope

Undisclosed

Supports the City of Hope organization, a national leader in cancer care and research.

Community Development

Happy Hong Kong Charity Foundation

Undisclosed

Supports communities in every city where Man Wah has a base.

Business Philosophy & Leadership

Notable Quotes

"I owe everything I have to Hong Kong"

Leadership Principles

Focus on Quality

Emphasis on quality production and customer service.

Innovation

Gather global high-quality resources, innovate rules, concepts and development models.

Billionaires Connected to Wong Man Li

Peers in Manufacturing

All Manufacturing billionaires

Richest in Hong Kong

All billionaires from Hong Kong

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Wong Man Li's net worth in 2026?
As of 2026, Wong Man Li's estimated net worth is $1.698 billion, ranking #2445 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Wong Man Li make their money?
Wong Man Li's wealth primarily comes from Furniture, most notably through Furniture.
Where is Wong Man Li from?
Wong Man Li is from Hong Kong.
How old is Wong Man Li?
Wong Man Li is 61 years old.

Sources & References

  1. Wong Man Li — Forbes profile Forbes