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Walter Kwok

Walter Kwok Biography, Career, Net Worth, and Key Insight

$8B Net worth figures are based on publicly available estimates from sources such as Forbes, Bloomberg, and other reputable financial publications. These values are approximate and may not reflect real-time changes. The data is reviewed and updated biannually. Net worth

Walter Kwok’s Profile Summary

Company
Sun Hung Kai Properties
Position
Chairman and CEO of Sun Hung Kai Properties, one of Hong Kong's largest property developers.
Source of wealth

Source of wealth: Property development and investments from Sun Hung Kai Properties, ownership of Empire Group Holdings.

Also known as

Philanthropist, founder of Empire Group Holdings.

Age
74
Education

Stanford University – Bachelor’s degree in Civil Engineering, University of London – MBA.

Citizenship
Hong Kong
Residence
Hong Kong
Family

Walter Kwok was married to Wendy Lee and had three children: Geoffrey, Jonathan, and Lesley.

Website, Social Media
https://www.shkp.com/en-US

Walter Kwok’s biography

Walter Kwok was born in 1950 and was part of one of Hong Kong's wealthiest families, the Kwok family, which founded Sun Hung Kai Properties (SHKP). He studied at Stanford University, where he earned a degree in civil engineering, and later received an MBA from the University of London. Walter joined SHKP in 1978, eventually rising to the role of Chairman and CEO in 1990 after the death of his father, Kwok Tak-Seng, the company's co-founder. Under his leadership, SHKP grew into one of the most successful property development firms in Asia, building a reputation for luxury residential and commercial developments. However, in 2008, internal family disputes led to his ousting as Chairman. Despite this, Walter continued to be a prominent figure in Hong Kong's business landscape and later formed his own property company, Empire Group Holdings. Walter Kwok was known for his philanthropy and support for various charitable causes, including education and healthcare. He passed away in 2018, leaving a significant legacy in Hong Kong's real estate industry.

  • How did Walter Kwok make money?

    Walter Kwok makes money in the following areas:

    Source of wealth: Property development and investments from Sun Hung Kai Properties, ownership of Empire Group Holdings.

  • What is Walter Kwok net worth?

    As of 2025, Walter Kwok’s net worth is estimated to be $8B.

What is Walter Kwok also known as?

Walter Kwok was well-regarded for his philanthropic efforts. He donated to various causes, particularly in education and healthcare, supporting institutions like Stanford University and local Hong Kong hospitals. After his departure from Sun Hung Kai Properties, he founded Empire Group Holdings, through which he continued to engage in property development, expanding his influence in Hong Kong's real estate market.

Prominent achievements of Walter Kwok

Walter Kwok led Sun Hung Kai Properties to become one of Asia's largest real estate developers, expanding its portfolio of luxury developments, founded Empire Group Holdings, ranked among Hong Kong’s wealthiest individuals, widely recognized for his philanthropic efforts in education and healthcare.

What are Walter Kwok’s key insights?

Walter Kwok’s business philosophy centered on long-term growth, quality, and reputation. He believed in building properties that stood the test of time, focusing on delivering value and maintaining high standards in luxury developments. Kwok emphasized family unity, but also faced challenges balancing family ties with business decisions. His leadership style was pragmatic, with a focus on resilience and innovation, which helped him navigate the complexities of Hong Kong’s real estate market.

Walter Kwok’s personal life

Walter Kwok's family included his wife, Wendy Lee, with whom he shared a long-standing marriage. Together, they had three children. Geoffrey Kwok, the eldest son, is involved in the family business, managing aspects of their real estate ventures. Jonathan Kwok, the younger son, is also engaged in the family’s property businesses. Lesley Kwok, their daughter, has kept a lower public profile but is involved in various family-related affairs.

Useful insights

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