Walter Kwok Net Worth
27th March 2020
Kwok Ping-sheung, Walter JP (born 1950 in Hong Kong, with family roots in Zhongshan, Guangdong) is the eldest son of Kwok Tak Seng and Kwong Siu-hing. Together with brothers Thomas and Raymond, they inherited Sun Hung Kai Properties, Hong Kong’s largest real estate developer, in 1990 following their father’s death.Walter, formerly chairman and CEO of that organisation, negotiated his departure from the family firm in 2010. His mother remains the controlling shareholder of the company, whilst his brothers manage the firm. The Kwok brothers are the third wealthiest people in Hong Kong and Greater China Region, just after Li Ka Shing and Lee Shau Kee. Their wealth is estimated to be 17 billion US dollars in Forbes’ 2010 list of billionaires.