Francis Choi: Francis Choi Net Worth, Biography, Age, Spouse, Children & More

About Francis Choi

Hong Kong's self-made billionaire, Francis Choi Chee-ming, with a net worth of US$8.1 billion as of March 2022, is a formidable figure in the toy industry. Dubbed "the King of Toys," Choi founded Early Light International, the globe's leading toy manufacturer. His venture, starting from a single factory, blossomed into a commercial empire, earning him the 11th spot on Forbes' Hong Kong's richest list. A collector at heart, Choi's personal life features luxury watches and cars.

Born

September 18, 1947 in Jieyang, Guangdong, China

Age

78 years

Source Of Wealth

Real Estate

Industries

Real Estate

Citizenship

Hong Kong

Residence

Hong Kong

Spouse

Lee Wai-lei

Children

3, including Karson Choi

Francis Choi Chee-ming was born in Guangdong Province, China, and grew up in Hong Kong.

Francis Choi: Family

Choi is married and has three children. His daughter-in-law is model Irene Wang.

Francis Choi: Career Highlights

Choi opened his first toy factory at the age of 25 in 1972. Within five years, his business had grown to 300 employees. During his first decade in business, Choi established a relationship with toy giant Mattel, Inc., and manufactured Snoopy merchandise for the company.

Choi is currently the chairman of Early Light International (Holdings) Ltd., the world's largest toy manufacturer. He also owns sizeable stakes in listed companies Town Health International and Regal Hotels International, and serves as vice-chairman of the Regal board.

Francis Choi: Companies

Choi is the founder and chairman of Early Light International (Holdings) Ltd., the world's largest toy manufacturer. He also owns sizeable stakes in listed companies Town Health International and Regal Hotels International.

Francis Choi: Major Achievements

Choi is nicknamed "the King of Toys" and is self-made, having started as a toy salesman. He is ranked 11th on Forbes list of Hong Kong's 50 richest people and 283rd in the world in 2022. His net worth is estimated at US$8.1 billion as of March 2022.

Francis Choi: Awards & Achievements

Choi is a member of the Chinese People's Political Consultative Conference.

Francis Choi: Personal Life & Legacy

Choi lives in Hong Kong with his wife. He is an avid watch collector and owns a chain of watch retailers. He also collects cars, watches, and horses.

Francis Choi: Trivia

Choi's daughter-in-law, Irene Wang, is a model.

Wealth History

Timeline

1947

Francis Choi Chee-ming is born in Guangdong Province, China.

1972

At the age of 25, Choi opens his first toy factory in Hong Kong.

1977

Choi's business grows to 300 employees within five years.

1980s

Choi establishes a relationship with toy giant Mattel, Inc. and begins manufacturing Snoopy merchandise for the company.

Present

Choi is a member of the Chinese People's Political Consultative Conference and serves as Chairman of Early Light International (Holdings) Ltd. He also owns sizeable stakes in listed companies Town Health International and Regal Hotels International, and is Vice-chairman of the Regal board.

Francis Choi : FAQs

What is Francis Choi's current net worth?

Francis Choi's current net worth is $7.97 billion.

What is Francis Choi's current global rank among billionaires?

Francis Choi holds the 435th position globally among billionaires.

What is Francis Choi's current ranking within the Hong Kong?

Francis Choi holds the 13th position in Hong Kong.

What was the change in Francis Choi's net worth compared to the previous year?

Francis Choi's net worth decreased by 125.63 million dollars compared to the previous year 2025, when his net worth was 8.09 billion dollars.

What are Francis Choi's main sources of wealth?

Francis Choi's main source of income comes from Real Estate.

In which industry does Francis Choi primarily operate?

Francis Choi is primarily involved in the Real Estate industry.

How old is Francis Choi?

Francis Choi is 78 years old.

How many children does Francis Choi have?

Francis Choi has 3 children.

Who is Francis Choi Chee-ming and why is he known as 'the King of Toys'?

Francis Choi Chee-ming is a prominent Hong Kong businessman, self-made billionaire, and the founder and chairman of Early Light International (Holdings) Ltd., which is the world's largest toy manufacturer. He earned the nickname 'the King of Toys' due to his significant influence and success in the global toy industry.

How did Francis Choi Chee-ming begin his career and establish Early Light International?

Francis Choi Chee-ming began his career as a toy salesman and opened his first toy factory at the age of 25 in 1972. His business expanded rapidly, and within ten years, he established a vital relationship with Mattel, Inc. and grew Early Light International to become the largest toy manufacturer globally.

Aside from the toy industry, what other business interests does Francis Choi have?

Beyond the toy sector, Francis Choi has diversified interests and owns significant stakes in listed companies, such as Town Health International and Regal Hotels International. He also serves as the vice-chairman of the Regal board. Additionally, he is an avid watch collector and owns a chain of watch retailers.

Can you tell us about Francis Choi's personal life and interests?

Francis Choi is a family man who lives in Hong Kong with his wife and has three children. His daughter-in-law is the model Irene Wang. Beyond business, he has a passion for collecting cars, watches, and horses, and he is known to be a particularly avid watch collector.