Thomas Raymond Kwok Net Worth is$20 Billion
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Date of Birth: 1947

Nicknames: Thomas Kwok Ping Kwong

Country: China

Thomas & Raymond Kwok net worth: Thomas & Raymond Kwok are Chinese property tycoons who have a net worth of $20 billion. Thomas Kwok is the founder of SHK Properties, which is controlled by his wife Kwong Siu-hing; and together with his brother Raymond, he runs Sun Hung Kai Properties - the largest property developer in Hong Kong. Brothers Thomas and Raymond were listed as the third wealthiest people in Hong Kong and Greater China Region by the American business magazine Forbes in 2010. However, in a scandal that rocked Hong Kong and the surrounding region, the duo were arrested on bribery charges in March 2012. After the scandal, the stock tumbled to a one-year low, and then eventually it recovered reflecting the strength of the real estate market.
Thomas Kwok Ping-kwong (Chinese: ??-???ae??; pinyin: Gu?? B??ngji??ng, Yale: Gwok B?-ngg??ng), SBS, JP (born 1951 in Hong Kong) is the Joint-Chairman and Managing Director of Sun Hung Kai Properties, the largest property developer in Hong Kong, with his brother Raymond Kwok.
Thomas is the second son of Kwok Tak Seng, the founder of SHK Properties, and his wife Kwong Siu-hing. Together with brothers Walter and Raymond, they inherited Sun Hung Kai Properties, Hong Kong's largest real estate developer, in 1990 following their father's death.
The Kwok brothers are the third wealthiest people in Hong Kong and Greater China Region, just after Li Ka Shing and Lee Shau Kee. Their combined wealth is estimated to be US$17 billion in Forbes' 2010 list of billionaires.
Thomas holds a Master of Business Administration degree from London Business School, University of London and a Bachelor's degree in Civil Engineering from Imperial College, University of London.
The two brothers were arrested on bribery charges in March 2012.
Thomas Kwok is a Christian. The Noah's Ark project on Ma Wan reflects Thomas Kwok's evangelical Christian faith. During the 1990s, he set up a church on the 75th-floor pyramid atrium atop Sun Hung Kai's Central Plaza office complex.

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Thomas Raymond Kwok Latest News

Hong Kong’s top court upholds property tycoon’s graft conviction

Thomas Kwok’s brother and SHKP chairman Raymond Kwok, who became cleared of his expenses on the subject of the case in 2014, stated he felt sad and disillusioned at the outcome. Thomas Kwok’s son and executive director of SHKP, Adam Kwok, informed news ...
Posted: August 9, 2017, 6:05 am

Hong Kong Billionaire Thomas Kwok Found Guilty; Brother Raymond Not Guilty

Two Hong Kong billionaire brothers learned their different fates on Friday. Thomas Kwok was found guilty of conspiracy and immediately taken into custody, while Raymond Kwok was found not guilty and let go. Thomas, who was convicted of one count of ...
Posted: December 19, 2014, 7:32 am

Hong Kong elite's mistresses, gangsters unveiled in graft trial

High flyers: Raymond and Thomas Kwok. Billionaire Thomas Kwok, 63, was remanded in custody on Friday in Hong Kong after being convicted of conspiring with the Chinese city's then Chief Secretary Rafael Hui to commit misconduct in public office. He will appeal.
Posted: December 20, 2014, 12:06 am

Hong Kong tycoons Thomas, Raymond Kwok to stand trial in graft case

HONG KONG--Two of Hong Kong's richest tycoons will go on trial Thursday in the city's biggest ever corruption case — which analysts say threatens to cast an uncomfortable spotlight on cozy ties between officials and wealthy moguls. Thomas and Raymond ...
Posted: May 6, 2014, 5:05 pm

Billionaire HK property tycoons charged in bribery case

HONG KONG (Reuters) - Thomas and Raymond Kwok, the billionaire co-chairmen of Sun Hung Kai Properties, and Rafael Hui, Hong Kong's former No.2 public official, were charged Friday in a bribery investigation surrounding Asia's largest developer. The Sun ...
Posted: July 12, 2012, 5:00 pm
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