Kwek Leng Beng & family [Forbes]
CITY DEVELOPMENTS S/ADR (CDEVY)
NASDAQ:AMEX Investor Relations:
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Source: Forbes
Kwek is also executive chairman of City Developments, one of the island state's largest property developers. Kwek's son, Sherman, has been group CEO of City Developments since 2018. Since 2023, the company has been on a hotel buying spree in tourist hotspots around the world, including in Paris, where it bought the Hilton just before the 2024 Summer Olympic Games. His cousin Quek Leng Chan, also a billionaire, owns and runs a separate group in Malaysia, also called Hong Leong. Wealth History Age Source of Wealth Real Estate Residence Singapore, Singapore Citizenship Singapore Marital Status Married Children In 1995, Kwek, together with Saudi billionaire Prince Alwaleed Bin Talal Alsaud, bought the Plaza Hotel in New York City from Don
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News
- Singapore Billionaire ’s Royal Group Enters London With $143 Million Hotel Project In Mayfair [Forbes]Forbes
- Property Billionaire Kwek Leng Beng Drops Case Against Son, Keeps City Developments Roles [Forbes]Forbes
- Billionaire’s Adviser At The Center Of Singapore Property Giant’s Boardroom Battle Resigns [Forbes]Forbes
- Shares Of Singapore Property Giant Slump Amid Father-Son Battle For Control [Forbes]Forbes
- City Developments Full Year 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance