Raymond Kwok

$1.84 B

Ranked #2196 in World

About Raymond Kwok

Raymond Kwok Ping-luen, the chairman of Sun Hung Kai Properties, the premier property developer in Hong Kong, and leading figure of SUNeVision Holdings Ltd. and SmarTone Telecommunications Holdings Limited, represents significant financial influence alongside his family. As the youngest offspring of Kwok Tak Seng and sibling to Walter Kwok and Thomas Kwok, Raymond has propelled the Kwok family to being the third wealthiest in Hong Kong and the Greater China Region, with a net ascendancy in wealth from US$17 billion in 2011 to $17.9 billion in 2016, securing a position as Asia's third richest family at a net worth of US$40.4 billion. Despite a reputable educational background with degrees from Cambridge and Harvard Universities, plus honorary doctorates from Hong Kong's Open University and the Chinese University of Hong Kong, Raymond faced legal scrutiny. Arrested in March 2012 on bribery charges, he was acquitted by December 2014, distancing himself from corruption while maintaining his economic prowess. Moreover, his brief engagement with the public during an Election Committee mandate in September 2021 underscores his elusive, yet impactful presence in the financial domain.

Born

April 10, 1953 in British Hong Kong

Age

72 years

Source Of Wealth

Real Estate

Industries

Real Estate

Citizenship

Hong Kong

Residence

Hong Kong

Education

Master of Arts, Cambridge University; Master of Business Administration, Harvard Business School

Parent

Kwok Tak Seng (father), Kwong Siu-hing (mother)

Raymond Kwok Ping-luen was born into a wealthy family in Hong Kong. His father, Kwok Tak Seng, was a successful businessman and his mother, Kwong Siu-hing, was a homemaker. Raymond was the youngest of three brothers, with Walter being the eldest and Thomas being the middle child.

Raymond Kwok: Family

Raymond Kwok is married to Lily Chan Lai-kuen, and they have two sons and a daughter. His eldest son, Adam Kwok, is a director of Sun Hung Kai Properties, while his younger son, Geoffrey Kwok, is a director of SmarTone Telecommunications Holdings Limited.

Raymond Kwok: Career Highlights

Raymond Kwok began his career in the family business, Sun Hung Kai Properties, after graduating from Harvard University with an MBA. He quickly rose through the ranks and became the chairman and managing director of the company in 2008. Under his leadership, Sun Hung Kai Properties has grown into the largest property developer in Hong Kong.

In addition to his role at Sun Hung Kai Properties, Raymond Kwok is also the chairman of SUNeVision Holdings Ltd. and SmarTone Telecommunications Holdings Limited. He is also a director of several other companies, including Henderson Land Development Company Limited and The Hongkong and Shanghai Banking Corporation Limited.

Raymond Kwok: Companies

Raymond Kwok is associated with the following companies:

Sun Hung Kai Properties
SUNeVision Holdings Ltd.
SmarTone Telecommunications Holdings Limited
Henderson Land Development Company Limited
The Hongkong and Shanghai Banking Corporation Limited

Raymond Kwok: Major Achievements

Raymond Kwok has achieved significant success in his business career. He is credited with transforming Sun Hung Kai Properties into the largest property developer in Hong Kong. He has also been instrumental in the growth of SUNeVision Holdings Ltd. and SmarTone Telecommunications Holdings Limited.

Raymond Kwok: Awards & Achievements

Raymond Kwok has received numerous awards and accolades for his contributions to the business community. These include:

The Gold Bauhinia Star, the highest honor awarded by the Hong Kong government
The Businessman of the Year award from the Hong Kong General Chamber of Commerce
The Ernst & Young Entrepreneur of the Year award

Raymond Kwok: Personal Life & Legacy

Raymond Kwok is known for his philanthropy and support of various charitable organizations.

He is also a patron of the arts and has donated significant sums of money to museums and art galleries.

Raymond Kwok's legacy is one of business success and philanthropy. He is a respected figure in the Hong Kong business community and has made significant contributions to the city's development.

Raymond Kwok: Trivia

Raymond Kwok is a keen golfer and enjoys playing tennis and swimming. He is also a fan of classical music and opera.

Wealth History

Timeline

March 2012

Raymond Kwok Ping-luen arrested on bribery charges.

March 2013

Raymond Kwok Ping-luen pleaded not guilty to corruption charges.

December 2014

Raymond Kwok Ping-luen cleared of all charges, while brother Thomas convicted of "conspiracy to commit misconduct in public office."

September 2021

Raymond Kwok Ping-luen ordered by Liaison Office to spend 2 hours talking to the public.

Raymond Kwok : FAQs

What is Raymond Kwok's current net worth?

Raymond Kwok's current net worth is $1.84 billion.

What is Raymond Kwok's current global rank among billionaires?

Raymond Kwok holds the 2196th position globally among billionaires.

What is Raymond Kwok's current ranking within the Hong Kong?

Raymond Kwok holds the 57th position in Hong Kong.

What was the change in Raymond Kwok's net worth compared to the previous year?

Raymond Kwok's net worth increased by 332.66 million dollars compared to the previous year 2025, when his net worth was 1.51 billion dollars.

What is the recent change in Raymond Kwok's net worth?

Raymond Kwok's net worth decreased by 34.1 million dollars recently, a 1.85% decrease, with his net worth standing at 1.84 billion dollars.

What are Raymond Kwok's main sources of wealth?

Raymond Kwok's main source of income comes from Real Estate.

In which industry does Raymond Kwok primarily operate?

Raymond Kwok is primarily involved in the Real Estate industry.

What is Raymond Kwok educational background?

Raymond Kwok holds a Master of Arts from Cambridge University and a Master of Business Administration from Harvard Business School.

How old is Raymond Kwok?

Raymond Kwok is 72 years old.

How many children does Raymond Kwok have?

Raymond Kwok has 3 children.

Who is Raymond Kwok Ping-luen and what companies does he lead?

Raymond Kwok Ping-luen is the Chairman and managing director of Sun Hung Kai Properties, the largest property developer in Hong Kong. He is also the chairman of SUNeVision Holdings Ltd. and SmarTone Telecommunications Holdings Limited.

What are Raymond Kwok's academic achievements?

Raymond Kwok holds a law degree from Cambridge University, an MBA from Harvard University, an Honorary Doctorate in Business Administration from the Open University of Hong Kong, and an Honorary Doctorate in Laws from the Chinese University of Hong Kong.

What was the outcome of Raymond Kwok's 2012 bribery charges?

Raymond Kwok was arrested in March 2012 on bribery charges but was cleared of all charges in December 2014, while his brother Thomas was convicted of 'conspiracy to commit misconduct in public office.'