Billionaire Profile
Raymond Kwok
Global Rank
#2494

Image: Public domain | via Wikimedia Commons

Raymond Kwok

CEO, Sun Hung Kai Properties
HK
Real-Time Net Worth
$1.5B
As of December 2025
Age
72
Source
Real estate
Industry
real-estate
Citizenship
HK

Biography

Raymond Kwok Ping-luen is a prominent figure in Hong Kong's real estate sector, with an estimated net worth of $1.5 billion as of 2024. He is the chairman and managing director of Sun Hung Kai Properties (SHKP), the largest property developer in Hong Kong. His career has been marked by significant achievements, transforming SHKP into a market leader. Kwok also holds leadership positions in SUNeVision Holdings Ltd. and SmarTone Telecommunications Holdings Limited. Beyond his business success, Kwok is known for his philanthropy, supporting various charitable organizations and the arts, cementing his legacy as a respected leader in the Hong Kong business community.

Wealth Over Time

In-Depth Profile

Early Life

Raymond Kwok Ping-luen was born in British Hong Kong on April 20, 1953. He is the youngest son of Kwok Tak Seng, the co-founder of Sun Hung Kai Properties (SHKP). He comes from a wealthy family; his father was a successful businessman. Raymond has two brothers, Walter and Thomas Kwok. Raymond holds a Master of Arts degree in Law from Cambridge University, and an MBA from Harvard University.

Rise to Success

Raymond Kwok began his career at Sun Hung Kai Properties after graduating from Harvard Business School. He quickly rose through the ranks, becoming the chairman and managing director in 2011. Under his leadership, SHKP has become the largest property developer in Hong Kong. He is also the chairman of SUNeVision Holdings Ltd. and SmarTone Telecommunications Holdings Limited.

Key Business Strategies

Sun Hung Kai Properties' success is attributed to its diversified business model, which includes property sales, rental, telecommunications, and more. The company's growth strategy involves expansion, embracing innovation, and strategic planning across various business segments. As of December 31, 2024, SHKP held a substantial land bank in Hong Kong and mainland China.

Philanthropy

Raymond Kwok is known for his philanthropic activities. He supports various charitable organizations and is a patron of the arts. Through his family foundation, he supports programs for youth development.

Career Milestones

1978

Joined Sun Hung Kai Properties

Began his career within the family business.

2011

Chairman and Managing Director of Sun Hung Kai Properties

Assumed the top leadership role at Hong Kong's largest property developer.

Philanthropy & Social Impact

Education

Kwok Chung Bo Fun Charitable Fund

$XB

Supports student exchange programs and investments in the School of Chinese Medicine.

Social Services

When Teens Meet Angels

$XB

Supports teen mothers and helps with self-sufficiency.

Controversies & Challenges

2012

Bribery Charges

Arrested on bribery charges, but acquitted in December 2014.