Ho Wan Kwok biography: 13 things about real estate tycoon born in Shandong, China

Ho Wan Kwok is a Chinese billionaire based in Manhattan, New York City, New York, United States. He is a real estate tycoon who also owns a 50,000-square-foot mansion in New Jersey, USA.

Born in Shandong, China, Kwok known for his criticism of the Chinese Community Party. On June 4, 2020, he and his friend Steve Bannon launched the New Federal State of China, a lobby group that aimed to overthrow the CCP.

Bannon was the White House chief strategist and senior counselor to Donald Trump from January 20, 2017 to August 18, 2017. Trump served as 45th U.S. president from January 20, 2017 to January 20, 2021.


A dual citizen of Hong Kong and the United Kingdom, Kin Ming Je served as Kwok’s financier for years. Je is 4 years older than Kwok.

Kwok is also known as Miles Kwok, Miles Guo, Guo Wengui, Brother Seven and The Principal. Here are 13 more things about him.

  1. He earned billions through business ventures in China before leaving the country in 2014 amid a crackdown on corruption led by the country’s seventh president Xi Jinping.
  2. In 2015, he moved the U.S.
  3. In 2017, he sought asylum in the U.S. claiming the CCP was persecuted him for exposing corruption in China.
  4. In 2018, he founded purported nonprofit organizations called the Rule of Law Foundation and the Rule of Law Society, which used to amass followers aligned with his purported policy objectives in China and inclined to believe his statements about investment and money-making opportunities. 
  5. On April 21, 2020, he took to social media to announced the unregistered offering of GTV Media Group, Inc. common stock via a private placement. Between April 20, 2020 and June 2, 2020, around $452 million worth of GTV common stock was purportedly sold to more than 5,500 investors. He allegedly lied to his victims and promised them outsized returns if they invested not only to GTV but also his Himalaya Farm Alliance, Himalaya Exchange and online membership club G|CLUBS.
  6. In June 2020, he and Je directed that $100 million of funds raised from the private placement be invested in a hedge fund for the benefit of GTV’s parent company and its ultimate beneficial owner, a close family relative of him.
  7. On July 22, 2020, he took to social media to promote Farm Loan Program.
  8. On August 2, 2020, he took to social media to false announce that the market value of GTV was $2 billion.
  9. From October 2020 to March 2023, he, Je and other co-conspirators allegedly obtained over $250 million in victim funds through G|CLUBS.
  10. In October 2021, he allegedly started making material misrepresentations to prospective investors in Himalaya Coin (H-Coin), falsely stating that 20 percent of its value was backed by gold and that he would personally compensate investors for any potential losses.
  11. Between September 2022 and March 2023, the U.S. government seized from 21 different bank accounts around $634 million, which constitutes proceeds of his alleged fraud.
  12. He was 52 years old when Federal Bureau of Investigation agents arrested him on March 15, 2023 in his apartment, which spans the entire 18th floor of the Sherry-Netherland Hotel in Manhattan. Six hours after his arrest, his apartment caught fire. He appeared in court before Judge Katharine H. Parker and pleaded not guilty to conspiracy to commit wire fraud, bank fraud, securities fraud and money laundering; international promotional money laundering; international concealment money laundering; unlawful monetary transactions; obstruction of justice; three counts of securities fraud and four counts of wire fraud.
  13. On April 4, 2023, he will appear in court again.

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