Walter Kwok Net Worth is
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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.


According to the Standard, Kwok fell in love with an ambitious lawyer Ida Tong Kam-hing (a??e??e??), but his father did not allow him to marry her.
His parents introduced him to Lydia Ku, whom he married, but the marriage broke up six months afterwards. Later, he married his present wife, Wendy Lee.
Kwok was kidnapped by the notorious gangster "Big Spender" Cheung Tze-keung on 30 September 1997, and was released seven days later without police intervention. Negotiations fronted by wife Wendy resulted in payment of a ransom rumoured to have been in nine figures. Following his arrest in Guangzhou in 1998, Cheung confessed that he had put Kwok in a wooden container blindfolded for four days, and fed him regular meals of roast pork with rice, until the ransom of some HK$600 million was paid. The ransom in 1,000-dollar notes was packed inside 20 large carrier bags and driven in two Mercedes saloon cars to a quiet lane in Central district. After the kidnap, the badly shaken Walter handed over the executive duties of SHKP to his younger brothers while retaining the title of chairman and chief executive. His abductor was executed in the People's Republic of China in December 1998.
As a result of his kidnapping ordea

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Walter Kwok Latest News

Hong Kong property billionaire Walter Kwok dies

HONG KONG: Walter Kwok, the former chairman of Hong Kong real-estate developer Sun Hung Kai Properties Ltd., died Saturday morning at the age of 68, according to a statement from his family. “We are ...
Posted: October 20, 2018, 11:34 pm

Sons Of Late Hong Kong Real Estate Developer Inherit $3 Billion

Two sons of Walter Kwok, a Hong Kong developer once kidnapped for ransom and later ousted as chairman following a public family squabble, inherited a $3.1 billion stake in Sun Hung Kai Properties Ltd. ...
Posted: December 3, 2018, 1:35 pm

Hong Kong Property Billionaire Walter Kwok Dies, Family Says

Walter Kwok, the former chairman of Hong Kong real-estate developer Sun Hung Kai Properties Ltd., died Saturday morning at the age of 68, according to statements from his family and the property ...
Posted: October 20, 2018, 11:23 pm
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