Profil Financier
Kwek Leng Beng occupe actuellement le rang #1115 du classement mondial StarFortune (secteur conglomérats & diversifié). Fortune nette estimée : $3.8 B (-$90 sur 24h).
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 2023, it opened The Singapore Edition, a 204-room luxury hotel managed by Marriott International. The next year it acquired the Hilton Paris Opera Hotel for $260 million.
His cousin, Quek Leng Chan, also a billionaire, runs the Hong Leong Group's Malaysian operations.
In 1995, Kwek, together with Saudi billionaire Prince Alwaleed Bin Talal Alsaud, bought the Plaza Hotel in New York City from Donald Trump.
In 2020, City Developments took a $1.8 billion write-down on its investment in China.