Billionaire Profile

Global Rank

#2199

Image: Public domain | via Wikimedia Commons

Kwee Liong Phing

CEO, Pontiac Land Group

Real-Time Net Worth

$1.7B

As of December 2025

Age

Source

Real estate

Industry

real-estate

Citizenship

Biography

Kwee Liong Phing, a prominent figure in the real estate industry, is a Singaporean billionaire with an estimated net worth of $1.7 billion as of December 5, 2025. He is a key member of the Kwee family, which controls the privately held Pontiac Land Group. Kwee's career has been centered around real estate development, with Pontiac Land Group developing luxury hotels and iconic office towers across Singapore and internationally. The group was founded by his father, Henry Kwee, and the four Kwee brothers, including Kwee Liong Phing, now jointly run the company. Kwee's achievements include strategic leadership that has positioned Pontiac Land as a leader in luxury real estate. He is also involved in philanthropy and community initiatives.

Wealth Over Time

Portfolio Holdings

Pontiac Land Group

In-Depth Profile

Early Life

Kwee Liong Phing's background is rooted in Singapore, where his family has made a significant impact on the real estate and hospitality sectors. His father, Henry Kwee, a textile trader and real estate developer, migrated from Indonesia to Singapore in 1958, laying the foundation for the family's future success.

Rise to Success

Kwee Liong Phing and his three brothers collectively run Pontiac Land Group. The company has developed several iconic properties including luxury hotels like The Ritz-Carlton, Millenia, and the Conrad Centennial in Singapore, and has expanded its ventures to New York, Sydney, and the Maldives. In 2017, the group acquired the Capella Hotel group.

Key Business Strategies

The Kwee brothers have strategically focused on luxury developments and high-end hospitality, collaborating with award-winning architects and designers. Their approach involves creating distinctive architectural achievements complemented by world-class art to enrich the living spaces.

Philanthropy

Kwee Liong Phing is involved in philanthropy and community initiatives, supporting causes focused on education, healthcare, and arts and culture. The Kwee family supports educational, arts and cultural, social, and humanitarian causes.

Career Milestones

1958

Family Migration

Henry Kwee migrated to Singapore, setting the stage for the family's real estate ventures.

1961

Pontiac Land Group Founded

Henry Kwee founded the Pontiac Land Group, the cornerstone of the family's wealth.

1980s

Leadership Transition

Kwee Liong Phing and his brothers took over the family business.

2017

Capella Hotel Group Acquisition

The Kwees acquired the Capella Hotel group.

2024

Board Restructuring

Kwee Liong Tek became Chairman Emeritus, with the next generation taking on leadership roles.

Philanthropy & Social Impact

Education

Educational Support

Undisclosed

The Kwee family supports educational causes.

Arts and Culture

Arts and Culture Support

Undisclosed

The Kwee family supports arts and cultural causes.

Social and Humanitarian

Social Causes and Humanitarian Efforts

Undisclosed

The Kwee family supports social and humanitarian causes.

Business Philosophy & Leadership

Notable Quotes

"We're just stewards of what was given to us by our father and we hope we continue to honour his legacy.”"

Leadership Principles

Commitment to Excellence

Emphasizing quality craftsmanship, innovative design, and sustainable development practices.

Strategic Vision

Focus on luxury developments and high-end hospitality.