Name
Kwong Siu-hing
Kwong Siu-hing
Hong Kong, Hong Kong
Hong Kong
real estate
$14,800,000,000
75
#78 Billionaires 2019
#5 Hong Kong's 50 Richest 2019
Kwong Siu-hing is the widow of Sun Hung Kai Properties co-founder Kwok Tak-seng, who died in 1990.She served as the company's chairman from 2008 to 2011 after her eldest son, Walter, was ousted in a feud with her two other sons, Thomas and Raymond.She remains the biggest stockholder in Sun Hung Kai with a 26.58% stake. Her three sons or their children will inherit equal shares of this wealth. Raymond has been the sole company chairman since Thomas was sentenced to 5 years in prison in 2014 for bribery. Walter died in 2018.
Kwong left Guangdong Province in mainland China for Hong Kong in 1947 and married Kwok at the age of 20. Kwok started the company with Fung King-hey and Lee Shau-kee in 1958. It went public in 1972 and today it's Hong Kong's largest developer.
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