MIKE CLARKE/AFP/Getty Images
Brothers Raymond Kwok (L), Walter Kwok (C), and Thomas Kwok (R) at the 2004 Sun Hung Kai Properties annual meeting.
- The Kwoks are Asia's second-richest family and the richest family in $4, with a collective net worth of $38 billion, according to $4.
- $4 brothers Walter, Raymond, and Thomas Kwok inherited real estate developer Sun Hung Kai Properties from their father, Kwok Tak-Seng, in 1990, $4 reported.
- The family is unusually exposed to the sectors hit hardest by the economic unrest from the city's ongoing protests, $4 previously reported. Two members of the family have lost $1 billion each since the protests started.
- Eldest brother Walter was kidnapped and ousted from the family business before his death in 2018, according to $4.
- Younger brothers Raymond and Thomas were arrested on charges of bribery in 2012, according to $4. Raymond was $4 while Thomas served five years in prison.
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$4 richest family is no stranger to crisis.
In 1997, eldest brother Walter Kwok was kidnapped by a gang and held for ransom, according to $4. A family feud $4 the leadership structure of the family business, real-estate developer Sun Hung Kai Properties. And younger brothers Raymond and Thomas Kwok were arrested on charges of bribing a government official in 2012, according to $4.
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The family now finds itself in a financial crisis: The anti-government protests that have disrupted life in Hong Kong for 12 weeks have wiped billions of dollars off their $38 billion fortune, $4 previously reported. Hong Kong chief executive Carrie Lam announced August 4 that the government would $4 the extradition bill that sparked the protests.
Sun Hung Kai did not respond to a request for comment from Business Insider on the Kwok family's personal history and involvement with the company.
Keep reading to learn more about the Kwok family.