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Raymond Kwok Ping Luen JP (Chinese: 郭炳聯, born in 1952 in Hong Kong with family roots in Zhongshan, Guangdong) is the chairman and managing director of Sun Hung Kai Properties, the largest property developer in Hong Kong. He is the chairman of SUNeVision Holdings Ltd. and SmarTone Telecommunications Holdings Limited. He is the youngest son of Kwok Tak Seng, and the youngest brother of Walter Kwok, and Thomas Kwok.

Raymond Kwok Ping Luen
Raymond Kwok Ping-Luen.JPG
Born1952 (age 66–67)
ResidenceHong Kong
EducationCambridge University (BS)
Harvard Business School (M.B.A.)
OccupationChairman & managing director of Sun Hung Kai Properties
Net worthIncrease US$18.6 billion (with brother, as of September 2016)[1]
Parent(s)Kwok Tak Seng (father)
Kwong Siu-hing (mother)
RelativesWalter, Thomas (brothers)
Raymond Kwok
Traditional Chinese郭炳聯
Simplified Chinese郭炳联

WealthEdit

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' 2011 list of billionaires.[2] Their combined wealth rose to $17.9 billion in 2016.[3] According to Forbes, the Kwok family as a whole is the third richest family in Asia, with a net worth of US$40.4 billion. [4]

EducationEdit

Kwok holds a law degree from Cambridge University, an MBA from Harvard University, an Honorary Doctorate in Business Administration from the Open University of Hong Kong and an Honorary Doctorate in Laws from the Chinese University of Hong Kong.[5]

Bribery chargesEdit

In March 2012, Raymond Kwok and Thomas Kwok were arrested on bribery charges.[6][7] In March 2013, Thomas and Raymond Kwok pleaded not guilty to corruption charges involving payments and loans to Hong Kong's former No. 2 official Rafael Hui.[8] In December 2014, Raymond Kwok was cleared of all charges, while his brother Thomas was convicted of "conspiracy to commit misconduct in public office."[9]

ReferencesEdit

  1. ^ "The World's Billionaires (2016): No. 68 Kwok family". Forbes. Retrieved 21 September 2016.
  2. ^ Raymond Kwok – Forbes, Forbes.com. Retrieved 6 June 2011.
  3. ^ https://www.forbes.com/profile/thomas-raymond-kwok/
  4. ^ https://www.forbes.com/profile/kwok/
  5. ^ Profile of Raymond Kwok
  6. ^ "Kwok brothers arrested in Hong Kong on bribery charges". BBC News. 29 March 2012.
  7. ^ "Tycoon brothers arrested in Hong Kong corruption probe". CNN. 29 March 2012.
  8. ^ "Billionaire Kwoks Plead Not Guilty to Corruption Charges". Bloomberg.
  9. ^ http://in.reuters.com/article/2014/12/19/sunhungkai-trial-idINKBN0JX0JQ20141219