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#1805

Edward Kwok

Source of wealth: Real estate

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Edward Kwok's fortune with the healthcare spending of a massive country

Edward Kwok could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.0 years.

But even if we compare their fortune with that of a rich country

On the other end, Edward Kwok could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.5 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Edward Kwok could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.7 years.

And yes, we can also compare it with a rich country

But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Edward Kwok could pay for it entirely for 0.9 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Edward Kwok could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 3.9 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Edward Kwok with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.1 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Edward Kwok's fortune is equivalent to 16 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.

Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.

Edward Kwok could buy 4,234,558 gold rings. That's a lot of fingers and way too many gifts!!

And if you're struggling to visualize that many rings, it would take 1 trucks to transport them. Although Edward Kwok will almost certainly have enough money left over to pay for the gas.

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Biography

Edward Kwok is the older son of property mogul Raymond Kwok, chairman of Sun Hung Kai Properties, one of the largest developers in Hong Kong.

He's served as an alternate company director to his father since 2012, when Raymond and his uncle Thomas became involved in a bribery investigation.

His father was acquitted but Thomas was found guilty of bribing a government official and sentenced to five years in prison in 2014.

He joined Sun Hung Kai in 2010 and is a sales and project manager, responsible for planning and marketing the group's Hong Kong residential projects.

A certified accountant, he worked for international audit firm Deloitte before joining the family business.

Financial Assets

Exchange
HONG KONG
Ticker
315-HK
Company
SmarTone Telecommunications Holdings
Exchange
HONG KONG
Ticker
16-HK
Company
Sun Hung Kai Properties Ltd.
Exchange
HONG KONG
Ticker
1686-HK
Company
SUNeVision Holdings Ltd.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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