Kwong Siu-hing
Template:Short description Template:Family name hatnote Template:Use dmy dates Script error: No such module "infobox".Script error: No such module "Check for unknown parameters".Script error: No such module "Check for clobbered parameters".Template:Wikidata image Kwong Siu-hing, or sometimes Kwok Kwong Siu-hing (Template:Zh;[1] born 2 December 1929[2]), is the matriarch of the Kwok family. She controls the conglomerate Sun Hung Kai Properties, the largest property developer in Hong Kong as of 2019.[3] As of 2008, Kwong effectively controls about 41.53% of SHK Properties' shares through a family trust, so she was deemed as the largest shareholder of the company, with a net worth of 12.1 billion dollars as of July 2020.[4][5]
Family
Kwong is the widow of Kwok Tak-seng, the founder of Sun Hung Kai Properties, and the mother of Walter, Thomas and Raymond, directors of the company. She moved from mainland China to British Hong Kong in 1947,[6] on the eve of the Second Chinese Civil War.
According to the South China Morning Post, prior to her 2008 appointment as chairperson, she "had never sat on the board of a Hong Kong company".[6] On 27 May 2008, Kwong replaced her son Walter when he was ousted as chairperson of the company;[6][4] she stepped down from the position in late 2011.[7] Walter Kwok also had a bitter rivalry with his brothers, which ended in division of the family fortune.[6][8]
The Kwok family was ranked as the third in Forbes's 2017 Asia's Richest Families, with a net worth of US$40.4 billion.[9] In a separate ranking, her sons Thomas and Raymond were collectively ranked as the fourth-richest in Hong Kong as of 2018 by the annual Forbes' Hong Kong's 50 Richest list;[10] The two younger brothers were ranked as 77th in the 2018 list of The World's Billionaires, with a net worth of US$16.5 billion at that time.[10] Walter Kwok was ranked 10th in Hong Kong and 190th in the world, also by Forbes. His estimated net worth at that time was US$8 billion.[11] In February 2019, she ranked 78th in the Billionaires 2019 list and 5th in the Hong Kong's 50 Richest 2019 list with a net worth of US$15.1 billion.
Kwong's son Walter died on 20 October 2018.[12]
See also
- Four big families of Hong Kong § Other definitions, defining some notable families of Hong Kong, with membership changing from time to time.
References
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