Hong Kong Property Billionaire Walter Kwok Dies, Family Says
- Kwok was former chairman of developer Sun Hung Kai Properties
- Family saga includes kidnap, fallouts and corruption trials
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Walter Kwok, the former chairman of Hong Kong real-estate developer Sun Hung Kai Properties Ltd., died Saturday morning at the age of 68, according to statements from his family and the property company.
“We are saddened to announce the passing of Mr. Walter Kwok, who left this world peacefully on the morning of Oct. 20, with his loving family by his bedside,” his family said in a statement. It didn’t disclose the cause of death.