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

Forbes hails Li Ka-shing's 20 years at the top

US$13 billion); Yeung Kin-man and Lam Wai Ying (No 8, US$11.1 billion); Alibaba Group's executive vice chairman Joseph Tsai Chung-hsin (No 9, US$10.4 billion); Empire Group's founder Walter Kwok Ping-sheung (No10, US$8.7 billion).
Posted: January 18, 2018, 12:33 pm

Another Kwok brother arrested. Sun Hung Kai empire shares plunge

After Thomas and Raymond, it is the turn of Walter Kwok. Raphale Hui, former general secretary of the territory, also indicted for bribery. Suspicion of government polizie governing real estate in Hong Kong, the city with the most expensive houses in the ...
Posted: May 4, 2012, 1:47 am

Sun Hung Kai dives as billionaire Kwok brothers arrested

The Kwok family had a public feud in 2008 that ended with elder brother Walter being ousted as chairman. Thomas and Raymond, backed by their mother, claimed Walter was mentally unfit to run the business, claims Walter has denied. That aside, the Kwok ...
Posted: March 30, 2012, 12:16 am
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