Kwek Leng Beng

$3.85B
as of 08/18/26

About Kwek Leng Beng

Kwek Leng Beng is the executive chairman of Singapore's Hong Leong Group, founded by his father in 1941.

Kwek is also executive chairman of City Developments, one of the island state largest property developers.

Kwek's son, Sherman, took charge as group CEO of City Developments in 2018 following a decade in various roles.

City Developments owns rental apartments across the UK, Japan, Australia and the US, including a student accommodation development located in the UK.

In 2024, it opened The Singapore Edition, a 204-room luxury hotel managed by Marriott International. The same year it acquired the Hilton Paris Opera Hotel for $260 million.

Personal stats

Citizenship

Singapore

Source of wealth

Diversified

Residence

Singapore, Singapore

Marital status

Married

Birth date

01/01/41 (age 85)

Number of children

2

Education

LLB, University of London

Self-made

inherited and growing

Kwek Leng Beng’s fortune is worth

64K

troy ounces of gold

59K

median U.S. household

39K

median U.S. income

0.077%

U.S. credit card volume

0.015%

GDP of the United States

0.011%

United States debt

Net worth history

Annual ranking

Did you know?

His cousin, Quek Leng Chan, also a billionaire, runs the Hong Leong Group's Malaysian operations.

Net worth over time

Real-time ranking

Financial assets

HONG KONG | 557-HK

China Tian Yuan Healthcare Group

SINGAPORE | C09-SG

City Developments Ltd.

HONG KONG | 53-HK

Guoco Group Ltd.

SINGAPORE | F17-SG

GuocoLand Ltd.

SINGAPORE | H22-SG

Hong Leong Asia Ltd.

SINGAPORE | S41-SG

Hong Leong Finance Ltd.

MALAYSIA | 1082-MY

Hong Leong Financial Group Bhd

MALAYSIA | 3301-MY

Hong Leong Industries Bhd

SINGAPORE | H19-SG

Hwa Hong Corp. Ltd.

HONG KONG | 411-HK

Lam Soon (Hong Kong) Ltd.

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