Raymond Kwok’s net worth over time
Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.
See the numbers as a table
| Date | Estimate | Source |
| 2019 | $1.8 billion | Forbes World's Billionaires List 2019 |
| 2020 | $1.2 billion | Forbes World's Billionaires List 2020 |
| 2021 | $1.5 billion | Forbes World's Billionaires List 2021 |
| 2022 | $1.3 billion | Forbes World's Billionaires List 2022 |
| 2023 | $1.4 billion | Forbes World's Billionaires List 2023 |
| 2024 | $1.2 billion | Forbes World's Billionaires List 2024 |
| 2025 | $1.2 billion | Forbes World's Billionaires List 2025 |
| 2026 | $2 billion | Forbes World's Billionaires List 2026 |
| Oct 2026 | $1.6 billion | Forbes Real-Time Billionaires · Forbes real-time estimate |
Where the money comes from
These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.
Raymond Kwok’s fortune in real-life terms
Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).
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Raymond Kwok has an estimated net worth of $1.6 billion, according to Forbes Real-Time Billionaires, Raymond Kwok profile (figures as of October 20, 2026). That is down from a peak of $2 billion.
Raymond Kwok is a Hong Kong business leader in real estate. He is chairman and managing director of Sun Hung Kai Properties, a major property developer in Hong Kong. He also chairs SUNeVision Holdings Ltd. and SmarTone Telecommunications Holdings Limited. His public profile is tied to Sun Hung Kai Properties, the company cofounded by his father, Kwok Tak-seng. Over time, he became one of the key figures leading the family business after it passed to the next generation.
His wealth comes from the family's long-held stake in Sun Hung Kai Properties. After his father died in 1990, Raymond Kwok and his brothers inherited the publicly traded developer. Since 2011, he has served first as cochairman and later as chairman. Forbes put his net worth at $2 billion on the 2026 World's Billionaires List, and $1.6 billion on its real-time tracker as of October 20, 2026. That places his fortune squarely in Hong Kong real estate.
How Raymond Kwok built his fortune
Raymond Kwok's money is rooted in property. He is part of the family behind Sun Hung Kai Properties, one of the largest developers in Hong Kong. The company was cofounded by his father, and Raymond later inherited a stake with his brothers after 1990. Because the business is publicly traded, his wealth is closely connected to the value of that holding. Real estate is the main engine behind his fortune, according to Forbes.
His role at the company also helps explain his prominence. Since 2011, he has served first as cochairman and now as chairman of Sun Hung Kai Properties. Beyond that, he is chairman of SUNeVision Holdings Ltd. and SmarTone Telecommunications Holdings Limited. Those posts show a wider corporate reach, but the biggest source of wealth remains property. Forbes places him in the Real Estate industry, with his fortune tied to the family's developer.
What Forbes says about his net worth
Forbes has shown a bumpy path for Raymond Kwok's wealth in recent years. It estimated $1.8 billion in 2019, then $1.2 billion in 2020. The figure moved to $1.5 billion in 2021, slipped to $1.3 billion in 2022, and rose to $1.4 billion in 2023. It returned to $1.2 billion in 2024 and stayed there in 2025. Those swings reflect how billionaire estimates can change from year to year.
The latest Forbes numbers are higher than the 2024 and 2025 list estimates. Forbes put Raymond Kwok at $2 billion on the 2026 World's Billionaires List. Its real-time tracker later showed $1.6 billion in October 2026, including $1.6 billion as of October 20, 2026. Even with those changes, the through line is clear: his fortune is tied to a major Hong Kong property company and moves with that underlying real estate wealth.
Career and money timeline
- 1990
After his father died, Raymond Kwok and his brothers inherited Sun Hung Kai Properties.
- 2011
He began serving first as cochairman and later as chairman of Sun Hung Kai Properties.
- 2018
A long family asset dispute eased after elder brother Walter dropped his case.
- 2026
Forbes valued him at $2 billion on its 2026 billionaires list.
Raymond Kwok net worth FAQ
What is Raymond Kwok's net worth?
Raymond Kwok's net worth is an estimated $1.6 billion, according to Forbes Real-Time Billionaires, Raymond Kwok profile (October 20, 2026). It is an estimate, not an official figure.
How did Raymond Kwok get so rich?
The main sources named in the reporting we cite are: Real estate.
Is Raymond Kwok a billionaire?
Yes. Forbes Real-Time Billionaires estimates Raymond Kwok is worth $1.6 billion.
How has Raymond Kwok's net worth changed?
The earliest published estimate we track is $1.8 billion (2019, Forbes World's Billionaires List 2019). The latest is $1.6 billion (October 20, 2026).
What company is Raymond Kwok best known for?
He is best known for Sun Hung Kai Properties. He serves as chairman and managing director of the Hong Kong developer.
What is Raymond Kwok's net worth according to Forbes?
Forbes' real-time tracker showed $1.6 billion as of October 20, 2026. Forbes also estimated $2 billion on its 2026 World's Billionaires List.
Sources
- Forbes Real-Time Billionaires, Raymond Kwok profile (October 20, 2026)
- Forbes World's Billionaires List 2019, Raymond Kwok profile (March 5, 2019)
- Forbes World's Billionaires List 2020, Raymond Kwok profile (April 7, 2020)
- Forbes World's Billionaires List 2021, Raymond Kwok profile (April 6, 2021)
- Forbes World's Billionaires List 2022, Raymond Kwok profile (April 5, 2022)
- Forbes World's Billionaires List 2023, Raymond Kwok profile (April 4, 2023)
- Forbes World's Billionaires List 2024, Raymond Kwok profile (April 2, 2024)
- Forbes World's Billionaires List 2025, Raymond Kwok profile (April 2025)
- Forbes World's Billionaires List 2026, Raymond Kwok profile (March 10, 2026)
- U.S. Bureau of Labor Statistics, Usual Weekly Earnings (Q2 2026) (July 2026)
- Federal Reserve, 2025 Survey of Consumer Finances (median family net worth, Table 4) (October 2026)
- Background facts: Wikipedia, Raymond Kwok (accessed October 24, 2026). Used for career facts only, never for figures.
Photo: Exploringlife, CC BY-SA 4.0, via Wikimedia Commons.
Every number on this page is an estimate published by the source named next to it. We never fill in years with our own guesses. How we handle estimates.