Kwek Leng Beng

$3.84 B

Ranked #1087 in World

About Kwek Leng Beng

Singaporean billionaire Kwek Leng Beng, executive chairman of the vast Hong Leong Group Singapore, has an estimated net worth of US$3.4 billion. Born in 1941 and entering the family enterprise in the early '60s, Kwek cemented his leadership prowess with Hong Leong Group, currently comprising over 300 entities, including 12 listed companies. He also chairs City Developments Limited (CDL), a preeminent property developer in Singapore with operations across 20 countries, and Millennium & Copthorne Hotels, a major global hotel group. His personal life includes a supportive family with sons Sherman, CDL's CEO, and venture capitalist Kingston.

Born

January 01, 1941

Age

85 years

Source Of Wealth

Diversified

Industries

Diversified

Citizenship

Singapore

Residence

Singapore

Education

LLB, University of London

Spouse

Cecilia Kok

Children

2, including Sherman Kwek

Parent

Kwek Hong Png

Kwek Leng Beng, a Singaporean billionaire businessman, was born in 1941. His father, Kwek Hong Png, founded the Hong Leong group in Singapore. Kwek Leng Beng trained as a lawyer in London before joining the family business in the early 1960s.

Kwek Leng Beng: Family

Kwek Leng Beng is married to Cecilia Kok. They have two sons, Sherman and Kingston. Sherman is the CEO of City Developments Limited (CDL), while Kingston is a venture capitalist.

Kwek Leng Beng: Career Highlights

Kwek Leng Beng became chairman of Hong Leong Group in 1990. Under his leadership, the group has established an international reputation for its business acumen and success. Today, Hong Leong Group is a conglomerate with more than 300 companies, including 12 listed ones.

Kwek Leng Beng: Companies

Kwek Leng Beng holds key positions in several major companies. He is the chairman of City Developments Limited (CDL), an international property and hotel conglomerate. CDL is the leading real estate developer in Singapore and operates in 20 countries across Asia, Europe, North America, and Australasia. It has a market capitalization of US$5.8 billion and is the second-biggest property developer in Southeast Asia.

Kwek Leng Beng is also the chairman of Millennium & Copthorne (M&C) Hotels, a London-listed international hotel group. CDL owns a 53% share in M&C, which is ranked 40th among the world's top international hotel groups. M&C has a portfolio of over 120 owned and managed hotels with about 36,500 rooms in 19 countries.

Kwek Leng Beng: Major Achievements

Kwek Leng Beng has made significant contributions to the business and education sectors in Singapore. He is a member of the board of trustees of the Singapore Management University and has received an honorary doctorate from Oxford Brookes University.

Kwek Leng Beng: Awards & Achievements

Kwek Leng Beng has received numerous awards and accolades for his business achievements. These include the Ernst & Young Entrepreneur of the Year Award in 1995, the Businessman of the Year Award from The Straits Times in 2005, and the Lifetime Achievement Award from the Singapore Business Awards in 2011.

Kwek Leng Beng: Personal Life & Legacy

Kwek Leng Beng is a respected and influential figure in Singapore's business community.

He is known for his philanthropy and support of various charitable causes. His legacy will continue to inspire future generations of entrepreneurs and business leaders.

Kwek Leng Beng: Trivia

Kwek Leng Beng is an avid golfer and enjoys spending time with his family. He is also a fan of classical music and art.

Wealth History

Timeline

1941

Kwek Leng Beng was born.

Early 1960s

Kwek Leng Beng joined the family business, Hong Leong Group.

1990

Kwek Leng Beng became chairman of Hong Leong Group.

Present

Kwek Leng Beng is the executive chairman of Hong Leong Group Singapore and chairman of City Developments Limited (CDL) and Millennium & Copthorne (M&C) Hotels.

Kwek Leng Beng : FAQs

What is Kwek Leng Beng's current net worth?

Kwek Leng Beng's current net worth is $3.84 billion.

What is Kwek Leng Beng's current global rank among billionaires?

Kwek Leng Beng holds the 1087th position globally among billionaires.

What is Kwek Leng Beng's current ranking within the Singapore?

Kwek Leng Beng holds the 10th position in Singapore.

What was the change in Kwek Leng Beng's net worth compared to the previous year?

Kwek Leng Beng's net worth decreased by 836.04 million dollars compared to the previous year 2025, when his net worth was 4.67 billion dollars.

What are Kwek Leng Beng's main sources of wealth?

Kwek Leng Beng's main source of income comes from Diversified.

In which industry does Kwek Leng Beng primarily operate?

Kwek Leng Beng is primarily involved in the Diversified industry.

What is Kwek Leng Beng educational background?

Kwek Leng Beng holds a LLB from the University of London.

How old is Kwek Leng Beng?

Kwek Leng Beng is 85 years old.

How many children does Kwek Leng Beng have?

Kwek Leng Beng has 2 children.

What is the background and early life of Kwek Leng Beng?

Born in 1941, Kwek Leng Beng is the son of Kwek Hong Png who founded the Hong Leong Group in Singapore. He trained as a lawyer in London and joined his family business in the early 1960s.

Can you outline Kwek Leng Beng's career achievements?

Kwek Leng Beng became the chairman of Hong Leong Group in 1990 and established an international reputation for his leadership. Under his helm, Hong Leong Group grew into a conglomerate of over 300 companies, including 12 listed ones.

What key positions does Kwek Leng Beng hold in the corporate world?

Kwek Leng Beng is the chairman of City Developments Limited (CDL), a leading real estate developer in Singapore with operations in 20 countries and a market capitalization of US$5.8 billion. He is also the chairman of Millennium & Copthorne (M&C) Hotels, a London-listed hotel group with a majority share of 53% held by CDL.

What is known about Kwek Leng Beng's personal life?

Kwek Leng Beng is married to Cecilia Kok, and they have two sons: Sherman, who is the CEO of CDL, and Kingston, who is a venture capitalist.