LeaderPortfolio
Hei
Wong Luen Hei
Rank #1930
CHINAServiceBuilding materials

Wong Luen Hei

Net Worth
$2.17B
0% (24h)
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.

The Full Dossier

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 Timeline

2000

China Lesso IPO

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

1996

Founded Shunde Liansu

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

Wealth Trajectory