Revealed: David Lee's Total Wealth in Net Worth 2026: Career Earnings & Assets

As one of the most talked-about figures, David Lee has built a significant fortune. Our team analyzed the latest data to provide a clear picture of their income.

What Is David Lee's Net Worth?

In the early 2000s, Lee was appointed by Governor Gray Davis as a commissioner on California's Small Business Reform Task Force, where he advised the state on regulatory reform and economic policy. He continues to serve on various civic and entrepreneurial boards and is a vocal advocate for family business leadership, mentorship, and reinvestment in local communities.

The business expanded rapidly. In 1997, Lee opened a second location in Rowland Heights, and in 2003, the family developed Hing Wa Lee Plaza in Walnut, a mixed-use shopping center anchored by an 11,000 square foot flagship jewelry showroom. After his father's passing in 2011, David took over as CEO and began executing a broader vision. In 2013, he opened a new 15,000 square foot flagship in San Gabriel designed as a modern luxury destination, offering one of the largest selections of Swiss watches and fine jewelry in North America.

He attended local public schools and later enrolled at the University of Southern California, where he earned a Bachelor of Arts degree in Entrepreneur Studies from the Marshall School of Business in 1992. During college, Lee worked various part-time jobs and spent weekends helping with sales and inventory at his father's business. He has said these experiences taught him discipline, customer service, and the value of hard work. After graduating, he formally joined the company and set out to modernize and expand the family enterprise into retail and real estate.

Through a savvy embrace of social media and appearances on shows like "Jay Leno'sGarage," Lee has turned his collection into a public-facing passion project and built a massive following online. Whether overseeing a retail empire, restoring vintage Ferraris, or donating millions to fight homelessness, David Lee has fused business acumen with personal obsession to become a modern icon of entrepreneurship and car culture.

After graduating from USC in 1992, David Lee formally joined the family business, which at the time was a wholesale operation specializing in jade carvings and imported gemstone pieces. He quickly recognized an opportunity to modernize and expand the brand by targeting the growing luxury appetite of Southern California's Chinese American community. In 1993, Lee convinced his father to open Hing Wa Lee Jewelers in San Gabriel as a high-end retail store. Two years later, it became the first Rolex-authorized dealer serving the Chinese community in the United States.

David Leeis a Chinese-American entrepreneur, luxury retailer, real estate investor, and world-renowned Ferrari collector who has a net worth of $200 million. As Chairman and CEO of the Hing Wa Lee Group, originally founded by his father as a wholesale gemstone business, Lee transformed the company into a powerhouse of luxury retail and diversified ventures. His flagship Hing Wa Lee Jewelers locations in San Gabriel, Walnut, and Los Angeles are among the most prominent authorized Rolex and Cartier dealers in North America, frequently winning industry awards and drawing celebrity clientele. Lee also owns the commercial shopping centers that house his stores and manages a wide-ranging real estate portfolio through Brilliant Realty, the agency run by his wife, Katherine. Beyond watches and jewelry, he has launched or invested in ventures spanning sushi restaurants, luxury car design, media, and tech startups, including stakes in companies like SpaceX through Troy Capital Partners.

Lee didn't stop with jewelry. Under his leadership, the Hing Wa Lee Group expanded into real estate development, automotive ventures, media, dining, and private investment. He owns and manages the shopping centers that house his retail stores and launched the real estate firm Brilliant Realty with his wife Katherine. In 2024, he opened Larchmont Jewelers, a boutique concept store located in a restored 1920s building in Los Angeles, further cementing the brand's luxury positioning. His group also includes Collectible Exotic Motors, HWL Entrepreneur Investment Co., Ootoro Sushi, Phoenix Magazine, and Monza Design, a Ferrari-inspired automotive design brand.

But Lee is perhaps best known as one of the world's most influential private Ferrari collectors. Nicknamed "Ferrari Collector David Lee," he owns over 30 Ferraris, valued at roughly$100 million, including multiple ultra-rare models. He owns not one but TWO Ferrari F40s and not one but TWO F50s. He also owns a LaFerrari Aperta. David is believed to be the only person known to own Ferrari's five flagship supercars, also known as the "Big Five": the 288 GTO, F40, F50, Enzo, and LaFerrari. Oh, and he owns all five in BOTH RED AND YELLOW.

David SK Lee was born on October 21, 1969, in Hong Kong. He is the eldest son of Hing Wa Lee and Chui Ling Fung. His father, a master gemstone carver, founded the Hing Wa Lee company as a wholesale gemstone and jade carving importer and exporter. In 1978, when David was 9 years old, the family immigrated to the United States and settled in Whittier, California. Growing up, Lee often helped at the family's wholesale business, giving him early exposure to both craftsmanship and entrepreneurship.

In summary, the total wealth of David Lee reflects strategic moves.

Disclaimer: All net worth figures are estimates based on public data.