5 things you should know about Jonathan Kwok, Hong Kong's youngest billionaire

In 2018 he inherited his assets after the death of his father Walter Kwok. Today he serves as a director at Empire Group Holdings, a real estate company that his father founded.

From its wealthy background to its impressive educational and professional experience, a closer look at the young billionaire is.

He is one of the youngest billionaires in the world

Jonathan is one of the youngest people who can be named Forbes In the billionaire list in his world. This year Jonathan took 1,462. Richest individual and together with his older brother Geoffrey Kwok, the 18th richest in Hong Kong.

He was the sixth billionaire in the world in 2020 together with others like Reality star Kylie Jenner, who was the list on the list this year.

He comes from one of the richest families in Hong Kong

Jonathan comes from the Kwok family, the Sun Hung Kai Properties, one of the city's four most important real estate developers.

His father was the eldest son of Kwok Tak-Seng, the co-founder of SHKP and helped, to grow the company in the giant that it is today.

Walter worked as chairman and main shareholder of SHKP before set up the Empire Group in 2010.

Jonathan and his brother inherited the proportion of SHKP when her father died in 2018 and immediately made her billionaires.

He has an impressive curriculum vitae

Jonathan completed the Cornell School of Hotel Administration and, according to the company website, collected at CSI Properties, a listed real estate investor, and CMB International Securities.

Since he came to Empire, he has taken over the leadership in real estate investments, project development and the company's asset management.

It brings comprehensive knowledge of the real estate market in Hong Kong as well as experience in the analysis of global investments and the development of hotel projects.

His father was displaced after a family feud from SHKP

Walter was kidnapped in 1997 by a local gang leader named “Big Spender” and then released after his family had paid around 80 million dollars to Ransom, according to his family. Business Insider. The traumatic event reported reportedly to Walter on depression.

In 2008 he was removed from SHKP as chairman of his younger brothers Thomas and Raymond Kwok after 18 years.

Raymond Kwok Ping-Luen, Deputy Chairman and Managing Director of Sun Hung Kai Properties, Walter Kwok Ping-Sheung, Chairman and Managing Director of Sun Hung Kai Properties and Thomas Kwok Ping-K-K-K-K-K-K-K-K-K-K-K-K-K-K-K-K-WAY.

Walter rejected the allegations and took legal action against his brothers for defamation. Raymond and Thomas finally gained control of the company, while Walter's role in SHKP was downgraded to that of a non -managing director.

Kwong Siu-Hing, her mother and the widow of Tak-Seng, temporarily joined Walter's displacement as head of the company and later passed the lead to the other two brothers who became co-chair in December 2011.

He works hard to honor his father's legacy

Logo of the Empire Group Holdings. Photo from the company's LinkedIn

Despite their immense prosperity South Chinese morning post.

A symbolic example lies in the handwritten logo of Empire Group Holdings: The letter “E” was written by the founder Walter Kwok, while the remaining letters were filled out by his sons in a gesture that reflects their commitment to the preservation of their father's values.