Walter Kwok Net Worth
Walter Kwok Net Worth: Walter Kwok is Hong Kong businessman who has a net worth of $5.6 billion. As the eldest son of Kwok Tak Seng, Walter and his two brothers, Thomas and Raymond, were named owners of Sun Hung Kai Properties, Hong Kong's largest real estate developer in 1990. They inherited the company built up by their father right after his death. SHKP is known for building and controlling the most spacious property portfolios in Greater China, especially the iconic buildings that define Hong Kong's skyline. However, the gigantic real estate developer is in hot water nowadays, as its co-chairmen chairman Thomas, 62, and Raymond, 61, are facing charges of bribery and conspiring to commit misconduct in public office. Their trial is set to start on May 8. In the meantime, the company's stock price is down more than 20% in the past year, while the Hang Seng Index remains flat. But Walter, who got an equal entitlement to shares of Sun Hung Kai Properties, now runs his own business.