
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
SingaporeSource of wealth
DiversifiedResidence
Singapore, SingaporeMarital status
MarriedBirth date
01/01/41 (age 85)Number of children
2Education
LLB, University of LondonSelf-made
inherited and growingKwek 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 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.