BillionaireNet
Choi
Francis Choi
Rank #428
HONG KONGreal-estateReal estate

Francis Choi

Net Worth
$8.092B
0% (24h)
Francis Choi Chee-ming, often called the "King of Toys," is a Hong Kong billionaire. He is the founder and chairman of Early Light International (Holdings) Ltd., the world's largest toy manufacturer. His primary source of wealth is real estate, and he has diversified into finance, hospitality, and retail. With an estimated net worth of $8.1 billion, Choi's career spans from being a toy salesman to building a massive business empire, leaving a legacy of innovation, hard work and philanthropy.

The Full Dossier

Early Life

Francis Choi Chee-ming was born in 1945 in Guangdong Province, China, and later grew up in Hong Kong. He began his career as a toy salesman at the age of 25. He opened his first toy factory in 1972.

Rise to Success

Choi's early clients included retail giants like Mattel. Early Light International became the world's largest toy producer. He also invested in real estate, watches, electronics, and financial services.

Key Business Strategies

Choi's focus on efficiency, innovation, and quality control allowed him to outpace competitors. He diversified his investments into real estate and other ventures, solidifying his reputation as a strategic investor.

Philanthropy

Francis Choi is committed to philanthropy, supporting education, healthcare, and community development. He has contributed to various causes and has funded scholarships, built schools, and supported initiatives aimed at improving the lives of underprivileged communities.

Career Timeline

2010

Unique Timepiece Group

Acquired the luxury watch retailer Unique Timepiece Group (formerly Halewinner).

1980s

Real Estate Investments

Began investing in Hong Kong's real estate market, which later became a significant part of his wealth.

1970s

Early Light International

Founded Early Light International (Holdings) Ltd., which would become the world's largest toy manufacturer.

1972

Founded First Toy Factory

Established his first toy factory at the age of 25, marking the beginning of his journey in the toy industry.

Philanthropic Impact

EducationNot available

Education Support

Supports educational initiatives through scholarships and building schools.

HealthcareNot available

Healthcare Support

Contributes to healthcare through medical research and community programs.

Community DevelopmentNot available

Community Development

Supports community development projects.

Wealth Trajectory