Walter Kwok
Kwok Ping-sheung, Walter JP born in Hong Kong with family roots in Zhongshan, Guangdong, is the eldest son of Kwok Tak Seng. Together with brothers... Thomas and Raymond, they inherited Sun Hung Kai Properties, Hong Kong's largest real estate developer, in 1990 following their father's death. Walter is the chairman and CEO of that organization, and the brothers share control of the firm. 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 wealth is estimated to be 15 billion US dollars in Forbes' latest annual list of billionaires. According to the Standard, Kwok fell in love with an ambitious lawyer Ida Tong Kam-hing , but Kwok's father did not allow Walter to marry her. His parents introduced him to Lydia Ku, whom he married, but the marriage broke up six months afterwards. Later, he married his present wife, Wendy Lee. In 1997, Walter Kwok was kidnapped by the notorious gangster "Big Spender" Cheung Chi Keung, and was released seven days later without police intervention. Negotiations fronted by wife Wendy resulted payment of a ransom rumoured to have been in nine figures.
more