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Grizzly Bulls’ Billionaires Index

⬅ # 2103 Kwee Liong Seen|# 2105 Xu Zhenhua ➡

# 2104 Yasuhiro Fukushima 

$1.54B

Real Time Net Worth
as of 11/21/2024
-$4.4M (-0.29%)

# 2104 Yasuhiro Fukushima 

$1.54B

Real Time Net Worth
as of 11/21/2024
-$4.4M (-0.29%)
OccupationCo-owner, Sun Hung Kai Properties
Source of WealthVideo Games
Age77
ResidenceTokyo, Japan
Marital StatusMarried
EducationBS, Nihon University
Age-Adjusted Net Worth$486.26M
Yasuhiro Fukushima
Yasuhiro Fukushima
Japan
Net worth: $1.54B
Breitling Superocean 46 Automatic Black Dial Men's Watch

Wealth History

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Biography

Early Life and Education

Thomas Kwok Ping-kwong was born on October 6, 1951, in Hong Kong.
He is the second son of Kwok Tak Seng, the founder of Sun Hung Kai Properties.
Kwok earned a bachelor's degree in civil engineering from Imperial College London.
He later pursued an MBA from the London Business School.
Thomas, along with his brothers Walter and Raymond, inherited Sun Hung Kai Properties after their father's death in 1990.
The Kwok brothers collectively became major stakeholders in the company.

Career at Sun Hung Kai Properties

Thomas Kwok served as joint chairman and managing director of Sun Hung Kai Properties alongside his brother Raymond.
Under their leadership, the company continued to grow and expand its real estate empire.
Kwok played a significant role in the company's strategic decisions and operations.
In January 2020, he was appointed senior director of Sun Hung Kai Real Estate Agency, a subsidiary of Sun Hung Kai Properties.
His tenure as chairman was disrupted in 2014 when he was convicted of bribery charges and sentenced to prison.
During his absence, his son Adam took on executive responsibilities within the company.

Legal Troubles and Conviction

In March 2012, Thomas and Raymond Kwok were arrested on bribery charges by the Independent Commission Against Corruption.
The charges stemmed from accusations of bribing government officials for favorable treatment.
In December 2014, Thomas Kwok was convicted of conspiracy to commit misconduct in public office.
He was sentenced to five years in prison and fined $500,000.
Kwok resigned from all positions at Sun Hung Kai Properties following the verdict and initiated appeals, which were ultimately unsuccessful.
His conviction led to the revocation of honors bestowed upon him by the Hong Kong Government.

Philanthropy and Religious Beliefs

Thomas Kwok is a devout Christian, and his faith has influenced his philanthropic endeavors.
He has been involved in projects such as the Noah's Ark theme park on Ma Wan, reflecting his Christian beliefs.
During the 1990s, Kwok established a church atop Sun Hung Kai's Central Plaza office complex.
He is actively engaged in charitable projects through the SHKP - Kwok's Foundation, focusing on education and training initiatives.
Kwok's philanthropic efforts aim to make a positive impact on society, particularly in areas related to education and social welfare.
His religious convictions guide his approach to business and philanthropy.

Sun Hung Kai Properties: Growth and Development

Sun Hung Kai Properties Limited (SHKP) was founded in 1963 by Kwok Tak-seng.
The company was publicly listed in 1972 and has since become one of the largest property developers in Hong Kong.
SHKP's businesses include property sales, rental, telecommunications, hotel operations, and more.
It holds a significant land bank in both Hong Kong and mainland China, with millions of square feet in completed and under development properties.
SHKP has consistently achieved high credit ratings among Hong Kong developers, with ratings such as A1 from Moody's and A+ from Standard & Poor's.
The company has played a pivotal role in shaping Hong Kong's skyline with iconic developments like the International Finance Centre Tower 2 and the International Commerce Centre.

Yasuhiro Fukushima's Wealth is Equivalent to:

1,182,448 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

290,634 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

15,698 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Yasuhiro Fukushima?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Yasuhiro Fukushima's net worth of $1.54B.

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 58.67% compared to 23.91% for the S&P 500 benchmark.

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

Yasuhiro Fukushima 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 Yasuhiro Fukushima, Video Games 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