Kwee family
Real Estate

Kwee family Net Worth

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, and have invested in a hotel in London. The Kwee family is a prominent business family in Singapore, owning the privately held Pontiac Land which has an array of luxury hotels and iconic office towers across the island-nation. They have also expanded their business to other countries, such as New York, the Maldives, and London.
Kwee family is a member of Real Estate

Age, Biography and Wiki

Residence Singapore
Occupation Owners, Pontiac Land Group
Parent(s) Henry Kwee
Website http://www.pontiacland.com/

💰 Net worth: $5.68 Billion (2024)

The Kwee family, known for their remarkable business acumen and strong investment strategy, has amassed a staggering net worth of $5.68 billion as of 2024. With their wealth expanding through various industries, it is no surprise that they have chosen to diversify their portfolio by investing in a prestigious hotel in London. Renowned for their attention to detail and impeccable taste, the Kwee family's venture into the hotel industry promises a world-class experience for guests, combining luxury, comfort, and unparalleled service. With their immense wealth and expertise, the Kwee family's investment in a hotel in London is expected to bring them continued success and recognition in the global business world.

2013 $4.6 Billion
2014 $5.2 Billion
2015 $4.9 Billion
2016 $5 Billion
2017 $5.1 Billion
2018 $5.68 Billion

Biography/Timeline

1958

Henry Kwee Hian Liong, Father of the Kwee brothers, was an Indonesian textile trader and real estate developer who emigrated to Singapore in 1958. He founded Kwee Inc. Pte Ltd in 1959 and the Pontiac Land Group (PLG) in 1961. Henry Kwee passed away in 1988.

2013

In October 2013, the Kwee brothers agreed to provide $300 million in equity, supported by an $860 million loan from a consortium of Asian banks to enable the Tower Verre development in New York City. This is PLG's first major foray outside of Singapore amidst the tightening property market on the island state. The Kwees are also redeveloping 2 of Sydney's historic sandstone buildings into a 240-room luxury hotel.

2017

According to Forbes, the Kwee family have a net worth of $5.3 billion, as of July 2017. The Kwee brothers reside in Singapore. The family support educational causes, arts and cultural causes, social causes and humanitarian causes.

Some Kwee family images

Tags Living people Singaporean businesspeople Singaporean billionaires Business families of Singapore Indonesian emigrants to Singapore Sibling quartets Singaporean people stubs Asian business biography stubs

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About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.