- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $5.9 Billion
The Kwee Liong brothers are four Singapore billionaires who have a net worth of $5.9 billion. Among the wealthiest and most affluent landlords in Singapore are the Kwee siblings who jointly-own the privately-held property developer and hotel operator Pontiac Land. As its prime properties are the Ritz-Carlton, the Regent, Conrad Centennial and the Capella in Singapore.
The family business was started by their father Henry Kwee in 1959, when he founded a small company dealing with development of architecturally distinctive homes. The eldest of the four brothers, Kwee Liong Keng, serves as managing director, Kwee Liong Tek (an avid art collector) is Chairman, while Kwee Liong Seen and Kwee Liong Phing sit on the board. Out of their most recent projects the most notable is Capitol Center, a property of $500 million in which they own a 50% stake.
