This archive report was first published on 4 September 2019.
Published on September 4, 2019, Hong Kong's richest family, the Kwoks, have navigated numerous crises over the years.
The family's eldest brother, Walter Kwok, was kidnapped in 1997 by a gang and held for ransom, according to Forbes. This incident was just one of the many challenges the family has faced.
A family feud led to a shuffle in the leadership structure of their real-estate development company, Sun Hung Kai Properties. In 2012, younger brothers Raymond and Thomas Kwok were arrested on charges of bribing a government official, as reported by Bloomberg.
Fast forward to 2019, the anti-government protests in Hong Kong have disrupted life for 12 weeks, wiping billions of dollars off the Kwoks' $38 billion fortune, as previously reported by Business Insider. Hong Kong chief executive Carrie Lam announced the government's decision to withdraw the extradition bill that sparked the protests on August 4.
Despite the family's significant wealth, Sun Hung Kai Properties did not respond to a request for comment from Business Insider regarding the Kwok family's personal history and involvement with the company.
