Edwin Leong’s net worth over time
Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.
See the numbers as a table
| Date | Estimate | Source |
| 2019 | $4.1 billion | Forbes World's Billionaires List 2019 |
| 2020 | $4.5 billion | Forbes World's Billionaires List 2020 |
| 2021 | $4.3 billion | Forbes World's Billionaires List 2021 |
| 2022 | $4.4 billion | Forbes World's Billionaires List 2022 |
| 2023 | $3.6 billion | Forbes World's Billionaires List 2023 |
| 2024 | $3.6 billion | Forbes World's Billionaires List 2024 |
| 2025 | $2.6 billion | Forbes World's Billionaires List 2025 |
| 2026 | $2.3 billion | Forbes World's Billionaires List 2026 |
| Oct 2026 | $2.3 billion | Forbes Real-Time Billionaires · Forbes real-time estimate |
Where the money comes from
These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.
Edwin Leong’s fortune in real-life terms
Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).
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Edwin Leong has an estimated net worth of $2.3 billion, according to Forbes Real-Time Billionaires, Edwin Leong profile (figures as of October 20, 2026). That is down from a peak of $4.5 billion.
Edwin Leong Siu-hung is a Hong Kong businessman and property investor whose main company is Tai Hung Fai Enterprise. He is the sixth son of Henry G. Leong, a comprador of the British trading house Jardine Matheson, who died when Edwin was just nine years old. Growing up without his father, he went on to build his own fortune separate from the family's earlier ties to Jardine Matheson.
He is married with one child and lives in Hong Kong. Forbes describes him as self-made, since he built his own property group rather than inheriting a business. He has kept his business private and built it through property deals in Hong Kong over several decades.
Leong is also known for his charity work. He founded the Tai Hung Fai Charitable Foundation, which focuses on helping needy children and the elderly, and he has served as vice chairman of the Po Leung Kuk charitable organisation, one of Hong Kong's well known charities.
How Edwin Leong made his money
Leong founded Tai Hung Fai Enterprise in 1977 as a property investment company specializing in retail properties and hotels. He earned the nickname King of Shops from the huge portfolio of retail and commercial properties he amassed through the company. That reputation made him one of the best known landlords of shops in Hong Kong.
The company is privately held and grew rapidly. Its portfolio now includes hotels, serviced apartments, retail shops, residential buildings, office buildings and industrial buildings. During the pandemic Leong also moved into the mass residential market, adding homes for ordinary buyers to a business long focused on shops and commercial space. Because Tai Hung Fai is private, Forbes estimates his fortune from the value of the property portfolio.
How Forbes has valued Edwin Leong
Forbes valued Leong at $4.1 billion in 2019 and $4.5 billion in 2020. His figure was $4.3 billion in 2021 and $4.4 billion in 2022. His peak came in 2020.
It fell to $3.6 billion in 2023 and 2024, then to $2.6 billion in 2025 and $2.3 billion on the 2026 World's Billionaires List. As of October 20, 2026, the Forbes real-time billionaires tracker also showed $2.3 billion. Over that period his estimated fortune roughly halved from its peak.
Career and money timeline
- 1977
Founded Tai Hung Fai Enterprise.
- 2019
Forbes valued him at $4.1 billion.
- 2020
Forbes valued him at $4.5 billion.
- 2023
Forbes valued him at $3.6 billion.
- 2026
Forbes valued him at $2.3 billion.
Edwin Leong net worth FAQ
What is Edwin Leong's net worth?
Edwin Leong's net worth is an estimated $2.3 billion, according to Forbes Real-Time Billionaires, Edwin Leong profile (October 20, 2026). It is an estimate, not an official figure.
How did Edwin Leong get so rich?
The main sources named in the reporting we cite are: Real estate.
Is Edwin Leong a billionaire?
Yes. Forbes Real-Time Billionaires estimates Edwin Leong is worth $2.3 billion.
How has Edwin Leong's net worth changed?
The earliest published estimate we track is $4.1 billion (2019, Forbes World's Billionaires List 2019). The latest is $2.3 billion (October 20, 2026).
Why is Edwin Leong called the King of Shops?
He earned the nickname from the large portfolio of retail and commercial properties he amassed through Tai Hung Fai Enterprise.
Sources
- Forbes Real-Time Billionaires, Edwin Leong profile (October 20, 2026)
- Forbes World's Billionaires List 2019, Edwin Leong profile (March 5, 2019)
- Forbes World's Billionaires List 2020, Edwin Leong profile (April 8, 2020)
- Forbes World's Billionaires List 2021, Edwin Leong profile (April 6, 2021)
- Forbes World's Billionaires List 2022, Edwin Leong profile (April 5, 2022)
- Forbes World's Billionaires List 2023, Edwin Leong profile (April 4, 2023)
- Forbes World's Billionaires List 2024, Edwin Leong profile (April 2, 2024)
- Forbes World's Billionaires List 2025, Edwin Leong profile (April 2025)
- Forbes World's Billionaires List 2026, Edwin Leong profile (March 10, 2026)
- U.S. Bureau of Labor Statistics, Usual Weekly Earnings (Q2 2026) (July 2026)
- Federal Reserve, 2025 Survey of Consumer Finances (median family net worth, Table 4) (October 2026)
- Background facts: Wikipedia, Edwin Leong (accessed October 30, 2026). Used for career facts only, never for figures.
Every number on this page is an estimate published by the source named next to it. We never fill in years with our own guesses. How we handle estimates.