Kwek Leng Beng
$3.44B
as of 10/04/24
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, the island state's second-largest property developer.
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 February 2024, City Developments opened The Singapore Edition, a 204-room luxury hotel managed by Marriott International, in Singapore's prime Orchard Road shopping district.
Personal stats
Citizenship
SingaporeSource of wealth
DiversifiedResidence
Singapore, SingaporeMarital status
MarriedBirth date
01/01/41 (age 83)Number of children
2Education
LLB, University of LondonSelf-made
inherited and growingKwek Leng Beng’s fortune is worth
57K
troy ounces of gold
53K
median U.S. household
34K
median U.S. income
0.069%
U.S. credit card volume
0.014%
GDP of the United States
0.01%
United States debt
Net worth history
Annual ranking
Did you know?
In 1995, Kwek, together with Saudi billionaire Prince Alwaleed Bin Talal Alsaud, bought the Plaza Hotel in New York City from Donald Trump.
Net worth over time
Real-time ranking
Financial assets
HONG KONG | 557-HK
China Tian Yuan Healthcare GroupSINGAPORE | 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 BhdMALAYSIA | 3301-MY
Hong Leong Industries BhdSINGAPORE | H19-SG
Hwa Hong Corp. Ltd.HONG KONG | 411-HK
Lam Soon (Hong Kong) Ltd.Images © Forbes.com. All rights reserved.