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Billionaire Profile
Raymond Kwok
Global Rank
#2417

Image: Raymond dart | CC BY-SA 3.0 | via Wikimedia Commons

Raymond Kwok

CEO, Real estate
Hong Kong
Real-Time Net Worth
$1.72B
Estimated based on Real estate stock value as of September 10, 2026
-0.82% (24h)
Age
72
Source
Real estate
Industry
Diversified
Citizenship
Hong Kong

Biography

Raymond Kwok, born in Hong Kong in April 1953, is a prominent figure in the real estate industry, currently serving as the Chairman and Managing Director of Sun Hung Kai Properties (SHKP), the largest property developer in Hong Kong. With a net worth of $2.0 billion (as of March 2026), Kwok's wealth stems primarily from his substantial stake in SHKP. His career began at SHKP after obtaining an MBA from Harvard Business School. Under his leadership, SHKP has expanded into telecommunications, hotels, and infrastructure. Kwok's commitment to philanthropy is also notable, with contributions to various charitable organizations and support for youth development.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$1.72B
2025$2.00B
2024$2.00B

In-Depth Profile

Early Life

Raymond Kwok Ping-luen was born in Hong Kong on April 20, 1953. He is the youngest son of Kwok Tak-seng, who co-founded Sun Hung Kai Properties (SHKP). His father's journey from an import-export business to property development shaped Kwok's understanding of the real estate market from an early age. He earned a Master of Arts degree in Law from the University of Cambridge and an MBA from Harvard Business School, equipping him with the skills necessary for leadership in the business world.

Rise to Success

Kwok joined Sun Hung Kai Properties in 1978. He rose through the ranks and became chairman and managing director in 2011. Under his leadership, SHKP developed major projects, including the International Commerce Centre (ICC), the tallest building in Hong Kong. The company has expanded its portfolio into hotels, telecommunications, and infrastructure, contributing to his substantial net worth.

Key Business Strategies

Raymond Kwok's strategic vision has been crucial to SHKP's success. He has focused on prudent financial management and counter-cyclical investments. Kwok led SHKP through various economic challenges. His emphasis on family-centric governance has fostered long-term stability and a strong focus on community impact.

Philanthropy

Raymond Kwok is known for his philanthropic efforts, particularly his support for whole-person development of young people. Through the Kwok Chung Bo Fun Charitable Fund, he has supported various initiatives at Hong Kong Baptist University, including student exchange programs. He has contributed to youth development programs and media ministries.

Career Milestones

1978

Joined Sun Hung Kai Properties

Began career at SHKP after completing his MBA at Harvard Business School, entering the family business in operational capacities as a project manager.

1990

Vice Chairman of SHKP

Assumed role after the death of his father, Kwok Tak-seng.

2008

Chairman and Managing Director of SHKP

Became the chairman and managing director of the company.

2011

Chairman and Managing Director of SHKP

Assumed the role of chairman after a family succession dispute.

Philanthropy & Social Impact

Education

Kwok Chung Bo Fun Charitable Fund

$30M

Donation to Hong Kong Baptist University for various initiatives.

Education

Student Exchange Programme

$0.5M (annual)

Annual donation to Hong Kong Baptist University.

Business Philosophy & Leadership

Notable Quotes

""I remain grateful for knowing you as my brother, you will remain my brother.""

Leadership Principles

Prudent Financial Management

Emphasizes the importance of careful financial planning and decision-making in business.

Counter-cyclical Investment

Focuses on investing in undervalued assets during market downturns to ensure long-term growth.

Family-centric Governance

Prioritizes family involvement and shared values in the company's leadership and decision-making processes.

Controversies & Challenges

2014

Bribery Convictions of Brothers

Raymond's brothers, Thomas and Walter Kwok, were convicted of bribery, though Raymond himself was not charged.

Billionaires Connected to Raymond Kwok

Peers in Diversified

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Richest in Hong Kong

All billionaires from Hong Kong →

Adjacent Global Ranks

Full global ranking →

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Frequently Asked Questions

What is Raymond Kwok's net worth in 2026?
As of 2026, Raymond Kwok's estimated net worth is $1.721 billion, ranking #2417 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Raymond Kwok make their money?
Raymond Kwok's wealth primarily comes from Real estate, most notably through Real estate.
Where is Raymond Kwok from?
Raymond Kwok is from Hong Kong.
How old is Raymond Kwok?
Raymond Kwok is 72 years old.

Sources & References

  1. Raymond Kwok — Forbes profile — Forbes