Thomas Kwok
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Kwok Ping-kwong, Thomas 郭炳江 |
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File:Thomas Kwok.png | |
Born | 1951 (age 72–73) Portuguese Macau |
Residence | Hong Kong |
Education | London Business School Imperial College |
Occupation | Former joint-chairman of Sun Hung Kai Properties |
Net worth | US$16.3 billion (with brother, as of June 2015)[1] |
Children | Adam Kwok |
Parent(s) | Kwok Tak Seng (father) Kwong Siu-hing (mother) |
Relatives | Brother - Walter, Raymond |
Thomas Kwok Ping-kwong SBS, JP (Chinese: 郭炳江; pinyin: Guō Bǐngjiāng; Cantonese Yale: Gwok Bínggōng; born 1951 in Portuguese Macau) was the Joint-Chairman and Managing Director of Sun Hung Kai Properties, the largest property developer in Hong Kong, with his brother Raymond Kwok.[2]
Biography
Thomas is the second son of Kwok Tak Seng, the founder of SHK Properties, and his wife Kwong Siu-hing. Together with brothers Walter and Raymond, they inherited Sun Hung Kai Properties, Hong Kong's largest real estate developer, in 1990 following their father's death.[citation needed]
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' 2010 list of billionaires. [3]
Thomas holds a Master of Business Administration degree from London Business School, University of London and a Bachelor's degree in Civil Engineering from Imperial College, University of London.[4]
Arrest and conviction
The two brothers were arrested by the Independent Commission Against Corruption on bribery charges in March 2012.[5][6] They were accused of bribing Rafael Hui, the former Chief Secretary for Administration from 2005 to 2007, to be their "eyes and ears in government" in a case said to highlight "the cozy relationship between the city's powerful developers and government".[7]
In December 2014, Thomas Kwok was convicted of "conspiracy to commit misconduct in public office," while his brother Raymond was cleared of all charges. Thomas was sentenced to five years in prison and a fine of $500,000. Rafael Hui, Sun Hung Kai executive Thomas Chan and businessman Francis Kwan were also jailed.[8] After the verdict was announced, Kwok stated his immediate resignation as chairman, managing director and executive director of Sun Hung Kai and said he would appeal the conviction.[7]
Religious beliefs
Thomas Kwok is a Christian. The Noah's Ark project on Ma Wan reflects Thomas Kwok's evangelical Christian faith. During the 1990s, he set up a church on the 75th-floor pyramid atrium atop Sun Hung Kai's Central Plaza office complex.[9]
References
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- ↑ Sun Hung Kai Profit Jumps; Chairwoman to Retire Wall Street Journal, by Polly Lui. 16 September 2011.
- ↑ Thomas Kwok - Forbes, Forbes.com. Retrieved June 6, 2011.
- ↑ Profile of Thomas Kwok
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- ↑ Hong Kong Christens an Ark of Biblical Proportions The A-HED. By JONATHAN CHENG. Wall Street Journal. APRIL 14, 2009.
- Pages with broken file links
- Articles with hCards
- Articles containing Chinese-language text
- Articles with unsourced statements from December 2015
- 1947 births
- Alumni of the London Business School
- Alumni of Imperial College London
- Living people
- Hong Kong billionaires
- Hong Kong chief executives
- Hong Kong Christians
- Hong Kong real estate businesspeople
- Sun Hung Kai Properties
- Members of the National Committee of the Chinese People's Political Consultative Conference
- Members of the Election Committee of Hong Kong, 2011–2016
- Hong Kong politicians