Kwek Leng Beng
Real Estate

Kwek Leng Beng Net Worth

Kwek Leng Beng, born in 1941 in Singapore, is the executive chairman of the Hong Leong Group and City Developments, the second-largest property developer in Singapore. Despite constraints in Singapore, Kwek has pushed forward with an international expansion, acquiring assets and launching projects in the UK, China, and Australia. In Singapore, he opened the 293-room boutique hotel M Social in June, and is partnering with American hotelier Ian Schrager for the first Edition Hotel, due to open in 2019.
Kwek Leng Beng is a member of Real Estate

Age, Biography and Wiki

Birth Year 1941
Birth Place Singapore, Singapore, Singapore
Age 82 YEARS OLD
Native name 郭令明
Residence Singapore
Occupation Chairman, Hong Leong Group
Spouse(s) Cecilia Kok
Children Sherman Kwek Kingston Kwek
Parent(s) Kwek Hong Png
Relatives Kwek Leng Joo (brother) Quek Leng Chan (cousin)

💰 Net worth: $3.3 Billion (2024)

Kwek Leng Beng, widely recognized as a prominent figure in the real estate industry of Singapore, is projected to have a net worth of approximately $3.3 billion by 2024. With an impressive track record in property development and investments, Kwek Leng Beng has successfully established himself as a leading entrepreneur in the real estate sector. Through his visionary leadership, he has propelled his business ventures to great heights, garnering substantial wealth and recognition in the process. As an influential figure in Singapore's real estate landscape, Kwek Leng Beng continues to engage in pioneering projects that contribute to the growth and development of the industry.

2014 $2.4 Billion
2015 $2.6 Billion
2016 $2.7 Billion
2017 $2.7 Billion
2018 $2.99 Billion

Biography/Timeline

1953

Kwek chairs Millennium & Copthorne (M&C) Hotels, a London-listed international hotel group of which a 53% share belongs to CDL. M&C is ranked 40th among the world's top international hotel groups and has a portfolio of over 120 owned and managed hotels with about 36,500 rooms in 19 countries (including those in the pipeline). In an interview, Kwek mentioned that the Millennium Resort Patong is the first resort operated by the group in Phuket.

1960

Kwek's Father, the late Kwek Hong Png left Tongan, Fujian province, China as a penniless teenager for Singapore and subsequently founded the Hong Leong group there. Kwek Leng Beng was trained as Lawyer in London, but chose to join the family Business in the early 1960s.

1990

He became chairman in 1990 and went on to establish an international reputation for his leadership of the Hong Leong Group, which is now a conglomerate with more than 300 companies, including 12 listed ones.

2018

Kwek is married to Cecilia Kok. The couple's son Sherman is CDL's CEO since January 2018. His younger son Kingston was a private investor in the equity and debt markets who became a venture capitalist.

Some Kwek Leng Beng images

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.