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Grizzly Bulls’ Billionaires Index

⬅ # 195 Giorgio Armani|# 197 J. Christopher Reyes ➡

# 196 Kwong Siu-hing 

$11.4B

Real Time Net Worth
as of 12/22/2024
$46.4M (0.41%)

# 196 Kwong Siu-hing 

$11.4B

Real Time Net Worth
as of 12/22/2024
$46.4M (0.41%)
OccupationOwner, Sun Hung Kai Properties
Source of WealthReal Estate
Age95
ResidenceHong Kong, Hong Kong
Marital StatusWidowed
Children3
Age-Adjusted Net Worth$1.07B
Kwong Siu-hing
Kwong Siu-hing
Hong Kong
Net worth: $11.4B

Self-Made Score 

Rado Unisex Centrix Diamond Swiss Automatic Watch

Wealth History

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Biography

Biographical Info

Kwong Siu-hing, also known as Kwok Kwong Siu-hing, was born on December 2, 1929.
She is the widow of Kwok Tak-seng, the founder of Sun Hung Kai Properties.
Kwong moved from mainland China to British Hong Kong in 1947, on the eve of the Second Chinese Civil War.

Business Career

Kwong effectively controls about 41.53% of Sun Hung Kai Properties' shares through a family trust, making her the largest shareholder.
She served as the chairman of Sun Hung Kai Properties from 2008 to 2011, succeeding her son Walter who was ousted from the position.
Prior to her 2008 appointment, she had never sat on the board of a Hong Kong company.
She stepped down from the chairman position in late 2011.

Family and Wealth

Kwong is the mother of three directors of Sun Hung Kai Properties: Walter, Thomas, and Raymond.
Her son Walter, one of the directors, passed away on October 20, 2018.

Company Leadership

Raymond has been the sole chairman of Sun Hung Kai Properties since 2011.
Thomas, another son, was sentenced to five years in prison in 2014 for bribery, and he was released in 2019.

Kwong Siu-hing's Wealth is Equivalent to:

8,814,473 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

2,166,509 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

117,022 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Kwong Siu-hing?

If you started with $10,000 and invested an additional $500 each month at a 42.82% CAGR, it would take you 5 years to reach Kwong Siu-hing's net worth of $11.4B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 67.72% compared to 25.94% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Kwong Siu-hing is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Kwong Siu-hing, Real Estate is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey