Kwek Leng Beng & Family Net Worth is$2,400 $Million
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Kwek Leng Beng (Chinese:e?-a>>?ae??, born 1942) is a Singapore businessman. He is the Executive Chairman of Hong Leong Group Singapore. In 2009 his Forbes estimated net worth was US$1.2 billion.
Kwek's father, the late Kwek Hong Png left Fujian province 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. 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.
Kwek is the Chairman of City Developments Limited (CDL), an international property and hotel conglomerate and the leading real estate developer in Singapore. It operates in 20 countries in Asia, Europe, North America and Australasia. The CDL Group has over 250 subsidiaries and associated companies including 8 companies listed on the stock exchanges of Singapore, London, Hong Kong, Amsterdam, New Zealand and Manila. CDL has a market capitalization of US$5.8 billion and ranks just outside Singapore's top 10 listed companies. It is also the second-biggest property developer in Southeast Asia.
Kwek Leng Beng also chairs Millennium & Copthorne (M&C) Hotels, which is 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.
Kwek's Hong Leong Group also owns Hong Leong Finance, which is Singapore's largest finance company, with a network of 28 branch offices.
Kwek Leng Beng is a member of the Board of Trustees of the Singapore Management University. He also holds an honorary doc

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Kwek Leng Beng & Family Latest News

Singapore and Malaysia's Kwek/Quek family is 7th richest family in Asia: Forbes

Hong Png's eldest son, Kwek Leng Beng, runs operations in Singapore. "Grandson Sherman will take over as chief executive of the family's City Developments in January 2018. Leng Beng's cousin Quek Leng ...
Posted: November 14, 2017, 11:35 pm

Singaporean billionaire Kwek fails in attempt to acquire M&C Hotels

LONDON (Reuters) - An attempt by Singaporean billionaire Kwek Leng Beng to take full control of Millennium & Copthorne Hotels (M&C) (MLC.L) in a deal valuing the business at 2 billion pounds collapsed ...
Posted: January 26, 2018, 10:09 am

Singaporean billionaire Kwek fails in attempt to acquire M&C Hotels

An attempt by Singaporean billionaire Kwek Leng Beng to take full control of Millennium & Copthorne Hotels (M&C) in a deal valuing the business at 2 billion pounds collapsed after minority shareholder...
Posted: January 25, 2018, 4:00 pm
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