Billionaire Profile
Kwong Siu-hing
Global Rank
#122

Image: WiNG | CC BY 3.0 | via Wikimedia Commons

Kwong Siu-hing

CEO, Real estate
HONG KONG
Real-Time Net Worth
$20.407B
Estimated based on Real estate stock value as of March 6, 2026
+1.66% (24h)
Age
96
Source
Real estate
Industry
Diversified
Citizenship
HONG KONG

Biography

Kwong Siu-hing, born in 1929, is a prominent figure in Hong Kong's real estate industry and the matriarch of the Kwok family. As the widow of Kwok Tak-seng, she inherited a significant stake in Sun Hung Kai Properties (SHKP), one of Asia's leading property developers. Her involvement with SHKP began through her marriage to the company's founder, and she later played a pivotal role in the company's leadership, serving as the chairperson from 2008 to 2011. Kwong's leadership stabilized the company during internal disputes and maintained its market dominance. With a net worth of $12 billion as of 2024, she consistently ranks among Hong Kong's wealthiest individuals, demonstrating a strong work ethic and commitment to her family and company.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Kwong Siu-hing was born on December 2, 1929, in Hua County, Guangdong, China. In 1947, she moved to British Hong Kong. She is the widow of Kwok Tak-seng, who co-founded Sun Hung Kai Properties (SHKP) in 1972.

Rise to Success

Kwong Siu-hing married Kwok Tak-seng, the co-founder of Sun Hung Kai Properties (SHKP). Following her husband's death in 1990, she became the primary beneficiary of the family's controlling trust. In 2008, she took over as the chairperson of SHKP, stepping in to stabilize the company amid family disputes. She held the position until 2011.

Key Business Strategies

Kwong's influence preserved SHKP's strategic direction, including land acquisitions and expansion into mainland China, solidifying its dominance in Hong Kong's real estate market. Her leadership was pivotal in maintaining the company's stability and continuity. Her actions suggest a commitment to preserving the family's heritage and reputation in the business world.

Philanthropy

Kwong Siu-hing has engaged in philanthropy primarily through family-linked foundations, focusing on social welfare and women's issues in Hong Kong. The T.S. Kwok Foundation, named after her late husband Kwok Tak-seng, provided a donation of HK$13 million toward the construction of the T.S. Kwok Centre for the Hong Kong Federation of Women, supporting initiatives for women's development and community services. In 2019, she ranked on the Hurun China Philanthropy List for contributions amounting to 310 million RMB directed toward social welfare causes.

Career Milestones

1972

SHKP Co-founded

SHKP was co-founded by her late husband, Kwok Tak-seng.

1990

Inherited Family Trust

Became the primary beneficiary of the family's controlling trust after her husband's death.

2008

Chairperson of SHKP

Assumed the role of chairperson of SHKP to stabilize the company during family disputes.

2011

Stepped Down as Chairman

Stepped down from the chairperson position, but retained significant influence.

Philanthropy & Social Impact

Social Welfare

T.S. Kwok Foundation

$13M

Donation towards the construction of the T.S. Kwok Centre for the Hong Kong Federation of Women.

Social Welfare

Hurun China Philanthropy List

$43M

Contributions directed toward social welfare causes.

Business Philosophy & Leadership

Leadership Principles

Family Control and Stability

Committed to maintaining family control and stability within the company.

Unity and Continuity

Emphasized the importance of unity and continuity in leadership.

Conservative Decision-Making

Kwong's management philosophy appears to be a blend of stability-oriented leadership, emphasis on harmony, and family values, particularly regarding conservative decision-making.

Controversies & Challenges

2012

Bribery Scandal

Her sons, Thomas and Raymond Kwok, were arrested by Hong Kong's Independent Commission Against Corruption on suspicion of bribery involving Rafael Hui, the former Chief Secretary for Administration.