#135

Kwong Siu-hing

Source of wealth: Real estate

96 years female Real Estate 🇭🇰 HK

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 Kwong Siu-hing's fortune with the healthcare spending of a massive country

Kwong Siu-hing could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 8.9 years.

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

On the other end, Kwong Siu-hing could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 3.9 years.

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Education

Buying the future

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

Kwong Siu-hing could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 5.8 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 Kwong Siu-hing could pay for it entirely for 7.9 years.

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Research

The monopoly on progress

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

Kwong Siu-hing could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 33.4 years.

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

But even if we compare the total wealth of Kwong Siu-hing 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 0.7 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

Kwong Siu-hing's fortune is equivalent to 136 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

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.

Kwong Siu-hing could buy 36,228,954 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 6 trucks to transport them. Although Kwong Siu-hing will almost certainly have enough money left over to pay for the gas.

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Biography

Kwong Siu-hing is the widow of Sun Hung Kai Properties cofounder Kwok Tak-seng, who died in 1990.

She served as the company's chairman from 2008 to 2011 after her eldest son, Walter, was ousted in a feud with her two other sons Thomas and Raymond.

She remains the biggest shareholder in Sun Hung Kai.

Raymond has been the sole chairman since Thomas was sentenced to five years in prison in 2014 for bribery; he was released in 2019. Walter died in 2018.