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1850
In the world today
Wong Man Li

Wong Man Li

W. Li
-0.02% | - $-0.43M
$2.25 B ₹ 20,488 Cr
Real Time Net Worth #1850 Ranking as of 21 Feb 2026 By Forbes
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More on Wong Man Li

Gender

Male

Age

61Y

Country

Hong Kong

Born On

February, 1965

Deceased

No

Relationship Status

Married

Children

2

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Furniture)

Primary Organization

Man Wah Holdings

Titles

Founder & Chairman

Sources of Wealth

Furniture

Industry

Manufacturing, Furniture

About Wong Man Li

W ong Man Li is the founder, chairman, and CEO of Man Wah Holdings, one of the world's largest manufacturers of motion sofas and recliners. He started the business in 1992, initially as a furniture wholesale operation before moving into manufacturing. Under his leadership, the company created the flagship brand "Cheers," which became a top-selling recliner brand globally, competing directly with American giants like La-Z-Boy.

Wong is known for his aggressive expansion strategies, including building massive manufacturing bases in China and Vietnam to serve international markets. He took Man Wah public in Hong Kong in 2010 after a brief stint on the Singapore exchange. His daughter, Wong Ying Ying, and his wife, Hui Wai Hing, are both executive directors on the board, ensuring strong family control over the furniture empire.

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Quick Reads

Early Life and Background

Wong Man Li is a Chinese businessman, the chairman of Man Wah Holdings (HKSE: 1999), one of the world's largest suppliers of recliner sofas. The company is best known for its high-end brand, Cheers.

Man Wah also manufactures and sells mattresses. The company went public in Singapore in 2005, becoming the first Chinese furniture enterprise on the Main Board of the Singapore Stock Exchange.

  • Core Company: Man Wah Holdings (Recliner sofas and mattresses).
  • Key Product: Recliner sofas best known for its high-end Cheers brand.
  • IPO History: Went public in Singapore in 2005; re-listed in Hong Kong in 2010.

Career Journey of Wong Man Li

Wong Man Li's career is defined by his success in scaling and globalizing furniture manufacturing. His structural achievement is tied to building Man Wah Holdings into one of the world's largest suppliers of recliner sofas.

The company has a unique public listing history: after going public in Singapore in 2005, it delisted in 2009 and successfully re-listed in Hong Kong the following year.

  • Industry First: Became the first Chinese furniture enterprise on the Main Board of the Singapore Stock Exchange.

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Wong Man Li's Timeline

2005:

Man Wah went public in Singapore.

2009:

Delisted in Singapore.

2010:

Re-listed in Hong Kong.

Ongoing:

Continues as Chairman.

Major Business Ventures and Investments

Wong Man Li's wealth is concentrated in his controlling stake and continued leadership of the publicly traded furniture giant, Man Wah Holdings.

  • Man Wah Holdings (HKSE: 1999): Chairman of one of the world's largest suppliers of recliner sofas.
  • Products: Manufactures and sells recliner sofas and mattresses.
  • Sector Focus: Furniture manufacturing, retail, and consumer goods.

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Philanthropy and Social Impact

Fashion, Style, and Lifestyle

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Quotes and Philosophy

No publicly available quotes.

Fun Facts & Trivia

  • He is the chairman of Man Wah Holdings, one of the world's largest suppliers of recliner sofas.
  • The company is best known for its high-end Cheers brand.
  • Man Wah was the first Chinese furniture enterprise on the Main Board of the Singapore Stock Exchange.

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Sources & References

This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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