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This is a Chinese name; the family name is Kwok.
Kwok Ping-kwong, Thomas
郭炳江
Thomas Kwok.png
Born 1951 (age 63–64)
Portuguese Macau
Residence Hong Kong
Education London Business School
Imperial College
Occupation Former joint-chairman of Sun Hung Kai Properties
Net worth US$ 17.0 billion (with brothers, as of March 2010)[1]
Children Adam Kwok
Parent(s) Kwok Tak Seng (father)
Kwong Siu-hing (mother)
Relatives brothers: 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[edit]

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.

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[edit]

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[edit]

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[edit]

  1. ^ "The World's Billionaires (2010): #28 Kwok family". Forbes. March 3, 2010. Retrieved February 20, 2011. 
  2. ^ Sun Hung Kai Profit Jumps; Chairwoman to Retire Wall Street Journal, by Polly Lui. 16 September 2011.
  3. ^ Thomas Kwok - Forbes, Forbes.com. Retrieved June 6, 2011.
  4. ^ Profile of Thomas Kwok
  5. ^ "Kwok brothers arrested in Hong Kong on bribery charges". BBC News. 29 March 2012. 
  6. ^ "Tycoon brothers arrested in Hong Kong corruption probe". CNN. 29 March 2012. 
  7. ^ a b Lee, Yimou; Ko, Lizzie (19 December 2014). "Hong Kong former official, property tycoon guilty in graft case". Reuters. 
  8. ^ Law, Stuart (23 December 2014). "Rafael Hui jailed for seven-and-a-half years; Thomas Kwok locked up for five years". South China Morning Post. Retrieved 23 December 2014. 
  9. ^ Hong Kong Christens an Ark of Biblical Proportions The A-HED. By JONATHAN CHENG. Wall Street Journal. APRIL 14, 2009.

External links[edit]


Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Thomas_Kwok — Please support Wikipedia.
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796 news items

South China Morning Post (subscription)

Bloomberg
Mon, 16 Mar 2015 01:08:09 -0700

(Bloomberg) -- Hong Kong real estate billionaire Thomas Kwok, currently serving a five-year jail term, was denied bail ahead of an appeal against his conviction for corrupting the city's former No. 2 official. Court of Appeal Vice President Wally Yeung ...
 
Hong Kong Standard
Sun, 01 Mar 2015 11:30:00 -0800

Incarceration has brought former Sun Hung Kai Properties co-chairman Thomas Kwok Ping-kwong closer to God, his son said. SHKP executive director Adam Kwok Kai-fai said it was unfortunate that his father had been jailed. "It was a big adversity in his ...
 
World Finance
Thu, 12 Mar 2015 07:33:18 -0700

Thomas Kwok, the property mogul and billionaire, was being tried in a corruption scandal that had lasted for seven months. Eventually sent to prison for five years, Kwok, 63, was convicted of bribing one of the city's most senior officials, former ...

Wall Street Journal

Wall Street Journal
Mon, 22 Dec 2014 20:09:31 -0800

The sentencing draws to a close one of Hong Kong's most visible corruption trials. Former chief secretary Rafael Hui, 66 years old, is the highest official to be convicted since the city's return to China in 1997. The ruling also knocked Thomas Kwok ...

Wall Street Journal

Wall Street Journal
Thu, 18 Dec 2014 23:24:51 -0800

Thomas Kwok, the co-chairman of Sun Hung Kai Properties Ltd., was found guilty of conspiracy and was immediately taken into custody after the Friday verdict. Younger brother Raymond Kwok walked free into the overcast late afternoon and said he was very ...

South China Morning Post (subscription)

South China Morning Post (subscription)
Mon, 29 Dec 2014 10:17:57 -0800

Jailed property tycoon Thomas Kwok Ping-kwong filed an appeal yesterday against his conviction for having illegally paid former government No 2 Rafael Hui Si-yan HK$8.5 million. Kwok's lawyers submitted the application 10 days after a landmark verdict ...

South China Morning Post (subscription)

South China Morning Post (subscription)
Sat, 27 Dec 2014 09:04:11 -0800

Disgraced former top government official Rafael Hui Si-yan and fallen property tycoon Thomas Kwok Ping-kwong began serving true prison time yesterday as details of their first week behind bars emerged. The pair, who were sentenced to prison last week ...

South China Morning Post (subscription)

South China Morning Post (subscription)
Mon, 02 Feb 2015 09:29:57 -0800

Jailed billionaire Thomas Kwok Ping-kwong's application for bail will be heard in the Court of Appeal next month, in a prelude to his upcoming appeal against his conviction for corruption. The former co-chairman of Sun Hung Kai Properties is serving a ...
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