Kwek Leng Beng’s profile picture

Kwek Leng Beng

Kwek Leng Beng’s profile picture
Net worth 2018: $2.99 Billion
Industry: Real Estate
Residence: Singapore, Singapore
Country: Singapore
BirthDay: 1941
Children: 2
Education: LLB, University of London
BIOGRAPHY

Kwek Leng Beng was bornon 1941 in Singapore, Singapore, Singapore. Kwek Leng Beng is #817 in List Billionaires People In The World. Kwek Leng Beng is the executive chairman of Singapore's Hong Leong Group, founded by his father and uncles in 1941. He's also executive chairman of City Developments, the island state's second-largest property developer. Amid constraints at home, Kwek has pressed on with an overseas expansion, acquiring assets and launching new projects in the UK, China and Australia in recent years. At home, the hotel mogul opened M Social, a 293-room boutique hotel designed by Philippe Starck, in June. He's also partnered with American hotelier Ian Schrager for Singapore's first Edition Hotel, due to open in 2019.

NET WORTH STATISTIC
2014

$2.4 Billion

2015

$2.6 Billion

2016

$2.7 Billion

2017

$2.7 Billion

2018

$2.99 Billion

TIMELINE
2018

The couple's son Sherman is CDL's CEO since January 2018

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

1960

Kwek Leng Beng was trained as lawyer in London, but chose to join the family business in the early 1960s

1941

Kwek Leng Beng (Chinese: 郭令明; pinyin: Guō Lìngmíng; Pe̍h-ōe-jī: Koeh Lēng-bêng; born 1941) is a Singaporean billionaire businessman

1940

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)

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