BillionaireNet
Kwok
Thomas Kwok
Rank #1810
HONG KONGreal-estateReal estate

Thomas Kwok

Net Worth
$2.18B
+0.26% (24h)
Thomas Kwok, born in Hong Kong on October 6, 1951, is a prominent figure in the real estate industry. He is known for his role as the former joint chairman and managing director of Sun Hung Kai Properties, one of Hong Kong's largest property developers. His source of wealth is primarily real estate. Kwok earned a Bachelor of Engineering from Imperial College London and an MBA from London Business School. Throughout his career, Kwok has been involved in the development of numerous high-profile projects. His career, though marked by both success and controversy, has significantly influenced the skyline of Hong Kong.

The Full Dossier

Early Life and Education

Thomas Kwok Ping-kwong was born in Hong Kong on October 6, 1951. He is the second son of Kwok Tak Seng, the founder of SHK Properties. Kwok earned a Bachelor of Engineering degree in civil engineering from Imperial College London and an MBA from the London Business School. He entered the family business after completing his education in the United Kingdom.

Rise to Success

Together with his brothers Walter and Raymond, Thomas inherited Sun Hung Kai Properties in 1990 following the death of their father. Under the joint leadership of Thomas and Raymond Kwok, the company expanded significantly. In December 2011, Thomas Kwok and Raymond Kwok were appointed as joint chairmen and managing directors, consolidating their influence over the property empire. He was also appointed senior director of Sun Hung Kai Real Estate Agency, a subsidiary of Sun Hung Kai Properties, in 2020.

Key Business Strategies

Sun Hung Kai Properties focuses on property development, investment, and management. The company's operations include property sales and rental, telecommunications, hotel operations, and transport infrastructure and logistics. The Kwok family's control of Sun Hung Kai Properties stems from a discretionary trust established by the founder Kwok Tak-seng.

Philanthropy

Kwok is a Christian, and his faith has influenced his philanthropic endeavors. He has been involved in projects such as the Noah's Ark theme park on Ma Wan, reflecting his Christian beliefs. In November 2023, the TPK Kwok Family Charitable Fund donated HK$10 million to support eye care and cataract operations. The fund has been aimed at helping the disadvantaged group and promoting the multi-faceted development of youngsters and children.

Career Timeline

2020

Senior Director of Sun Hung Kai Real Estate Agency

Appointed senior director of Sun Hung Kai Real Estate Agency, a subsidiary of Sun Hung Kai Properties.

2019

Released from Prison

Released after serving part of a five-year sentence.

2014

Convicted of Bribery

Convicted of conspiracy to commit misconduct in public office, leading to his resignation from Sun Hung Kai Properties.

2011

Joint Chairman and Managing Director

Appointed joint chairman and managing director of Sun Hung Kai Properties.

1990

Inherited Sun Hung Kai Properties

Inherited the company with his brothers following their father's death.

Philanthropic Impact

Healthcare$1.3M

TPK Kwok Family Charitable Fund

Donation to HKU to assist in providing eye check-ups and cataract operations.

Wealth Trajectory