BillionaireNet
Hei
Wong Luen Hei
Rank #1842
CHINAServiceBuilding materials

Wong Luen Hei

Net Worth
$2.138B
-0.38% (24h)
Wong Luen Hei, a prominent Chinese businessman born in 1963, is the founder and chairman of China Lesso Group Holdings Limited, a leading supplier of building materials and home furnishings. His career began in his teens, starting his first factory at age 13. Through strategic vision and strong business acumen, Wong transformed China Lesso into a multinational company, contributing significantly to China's urbanization and construction boom. As of December 14, 2025, his estimated net worth is $11.1 billion, reflecting his success in the building materials industry.

The Full Dossier

Early Life

Wong Luen Hei was born in Foshan, China, in 1963. Growing up as the youngest of five children, he did not attend university. Instead, he began his entrepreneurial journey early in life, starting his first factory at the age of 13. His initial venture produced PVC pipes and fittings, laying the groundwork for his future success.

Rise to Success

In 1996, Wong founded Lesso (later China Lesso Group Holdings Limited) in Shunde, China. With his wife, Zuo Xiaoping, as a key business partner, he grew the company both domestically and internationally. In 2000, Wong led Lesso's IPO on the Hong Kong Stock Exchange. Lesso became a pioneer in electric pipe fitting and expanded into home construction and telecommunications.

Key Business Strategies

Wong Luen Hei is known for his business philosophy which emphasized making other people's skills and opportunities his own. This strategy was instrumental in Lesso's growth and success. His focus on innovation and adapting to the demands of China's rapid urbanization and construction boom enabled China Lesso to become a key player in the building materials sector.

Philanthropy

Wong Luen Hei is known to be a private individual, and it does not appear that there is any information available detailing the amounts of his philanthropic initiatives.

Career Timeline

2000

Lesso IPO

Lesso went public on the Hong Kong Stock Exchange.

1996

Founded Lesso

Founded Lesso (later China Lesso Group Holdings Limited) in Shunde, China.

1976

Founded first factory

At the age of 13, he started his first factory producing PVC pipes and fittings.

Philanthropic Impact

CharityUndisclosed

Unknown

Wong Luen Hei is known to be a private individual and the amounts of his philanthropic initiatives are unavailable.

Wealth Trajectory