Hong Kong’s richest family is no stranger to crisis.
In 1997, eldest brother Walter Kwok was kidnapped by a gang and held for ransom, according to Forbes. A family feud shuffled the leadership structure of the family business, real-estate developer Sun Hung Kai Properties. And younger brothers Raymond and Thomas Kwok were arrested on charges of bribing a government official in 2012, according to Bloomberg.
The family now finds itself in a financial crisis: The anti-government protests that have disrupted life in Hong Kong for 12 weeks have wiped billions of dollars off their $38 billion fortune, Business Insider previously reported. Hong Kong chief executive Carrie Lam announced August 4 that the government would withdraw the extradition bill that sparked the protests.
Sun Hung Kai did not respond to a request for comment from Business Insider on the Kwok family’s personal history and involvement with the company.
Keep reading to learn more about the Kwok family.
