Kwee brothers

$5.98B
as of 03/09/23

About Kwee brothers

The four Kwee siblings control privately held Pontiac Land, which owns an array of luxury hotels and iconic office towers across the island-nation.

Pontiac Land was founded by their Indonesian father Henry Kwee, a textile trader and real estate developer, who migrated to Singapore in 1958.

In New York, the brothers own a majority stake in a luxury tower designed by French architect Jean Nouvel, located beside the Museum of Modern Art.

In 2017, the brothers acquired the Cappella Hotel group from legendary luxury hotelier, Horst Schulze, for an undisclosed sum.

Pontiac Land, chaired by Kwee Liong Tek (pictured here), has invested $400 million in a resort complex in the Maldives.

Personal stats

Citizenship

Singapore

Source of wealth

Real Estate

Residence

Singapore, Singapore

Self-made

inherited and growing

Kwee brothers’s fortune is worth

100K

troy ounces of gold

92K

median U.S. household

60K

median U.S. income

0.12%

U.S. credit card volume

0.024%

GDP of the United States

0.018%

United States debt

Net worth history

Annual ranking

Did you know?

In March 2018 they sold their 50% stake in the landmark Capitol Singapore project to erstwhile partner Perennial Real Estate Holdings for $380 million.

Net worth over time

Real-time ranking

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