Geoffrey Kwok

Last updated
Geoffrey Kwok
Born1984or1985(age 38–39) [1]
NationalityHong Konger
Education Yale University
Stanford University
OccupationBusinessman
Parent Walter Kwok
Relatives Kwok Tak-seng (grandfather)

Geoffrey Kwok (born 1984/1985) is an Hong Kong billionaire, and a director of Empire Group. He is the eldest son of Walter Kwok, who founded the Empire Group. [2] His grandfather Kwok Tak-seng founded Sun Hung Kai Properties, which Walter Kwok and his brothers inherited, [3] Asia's largest real estate developers. [4] [5]

Contents

Education

Kwok attended Yale University where he obtained a bachelor's degree in economics, [6] and an MBA from Stanford University. [7]

Career

Before his father's death, Kwok worked with Morgan Stanley as an investment banker. [8] In October 2018, Walter Kwok died from a heart attack. [9] [10] Kwok inherited his stakes in Sun Hung Kai along with his brother Jonathan. In October 2018, shortly after his father's death, Kwok became a director of Empire Group, Hong Kong, along with his siblings Jonathan and Lesley. [4] [11]

In December 2018, he became a board member and a non-executive director at Sun Hung Kai properties. Kwok also manages the hotel division of Sun Hung Kai. [8] [6]

Wealth

With a net worth of $40.4 billion, the Kwok family is Asia's third richest family according to Forbes . [12] [13] In May 2020, Forbes estimated Kwok to be worth $2.5 billion. [1] [14]

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References

  1. 1 2 "Forbes profile: Geoffrey Kwok". Forbes. Retrieved 14 May 2020.
  2. Chang, Ellen. "Top 20 Youngest Billionaires in the World". TheStreet. Retrieved 2020-05-04.
  3. Vivian Kam; Madison Park (19 December 2014). "Hong Kong tycoon, ex-official found guilty". CNN. Retrieved 2020-05-04.
  4. 1 2 "Bloomberg Billionaires Index". Bloomberg.com. Retrieved 2020-05-04.
  5. "Geoffrey Kwok, Sun Hung Kai Properties LTD: Profile and Biography". www.bloomberg.com. Retrieved 2020-05-04.
  6. 1 2 "Geoffrey Kwok named Sun Hung Kai director". The Standard, Hong Kong.
  7. "Third generation 'not ready' to run family firm". South China Morning Post. 5 May 2012. Retrieved 2020-05-04.
  8. 1 2 "About - Empire Group Holdings". egh.com.hk. Retrieved 2020-05-04.
  9. "HK property billionaire Walter Kwok dies, family says | The Star Online". www.thestar.com.my. Retrieved 2020-05-04.
  10. "The Richest Family in Hong Kong Has the Most to Lose from Raging Protests". Bloomberg.com. 26 August 2019. Retrieved 2020-05-04.
  11. "Hong Kong Tycoon Walter Kwok's Sons Inherit $3 Billion Stake in Developer - BNN Bloomberg". BNN. 2018-11-29. Retrieved 2020-05-04.
  12. "Asia's Richest Families". Forbes. Retrieved 2020-05-04.
  13. Pham, Sherisse (13 August 2019). "Hong Kong's billionaires are calling for order to be restored". CNN Business. Retrieved 2020-05-04.
  14. "Sons of Late Hong Kong Real Estate Developer Inherit $3 Billion". Bloomberg.com. 30 November 2018. Retrieved 2020-05-04.