The Richest Family in Hong Kong Has the Most to Lose From Raging Protests
- The Kwoks have a $38 billion fortune, much of it from property
- World’s least affordable homes are fueling popular discontent
Li Ka-shing, known as Superman by his admirers, is Hong Kong’s most famous billionaire. But there’s another, lower key, family that has much more riding on the city as it grapples with the worst political crisis in decades.
The Kwoks, who built Sun Hung Kai Properties Ltd. into Hong Kong’s largest developer, control a $38 billion fortune that’s by far the city’s biggest, according to Bloomberg’s list of the richest families in Asia.