Walter Kwok

Walter Kwok ( born 1950 in Hong Kong ) is Chinese entrepreneur and co-owner of Sun Hung Kai Properties, whose CEO he was.

Career

Walter Kwok is the eldest son of the entrepreneur Kwok Tak Seng. Kwok shared the company's management with his brothers Thomas Kwok and Raymond Kwok. Together, they are, according to the Forbes list of billionaires with a fortune of 19.9 billion U.S. dollars in 2008 to number 23 of the richest people in the world.

Walter Kwok is married to his second wife Wendy Lee.

In February 2008, Walter Kwok has announced a temporary break from the corporate management. According to press reports, he was forced by his mother to take this step. She gave as reasons for the appointment of a secret lover of her son in the business. Since these exercises in their opinion, too much influence on her son, she wanted to protect the family interests through this step. In the same year his brothers Walter Kwok wanted to explain incompetent, while he was going on in court. He saw it as an attempt to to make him silenced because of his critical views of some business Walter Kwok's place at the top of the company has since been perceived by his mother.

Abduction

1997 Kwok was referred to by the Big Spender Cheung Chi Keung felon kidnapped. After 7 days of captivity Kwok was, without consulting the police released. After his arrest in 1998 Keung confirmed rumors that Kwok's wife Wendy had paid him a ransom of 600 million Hong Kong dollars.