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Billionaire Profile
Kwek Leng Peck
Global Rank
#2544

Kwek Leng Peck

CEO, Diversified
Singapore, Singapore
Real-Time Net Worth
$1.59B
Estimated based on Diversified stock value as of September 10, 2026
0% (24h)
Age
70
Source
Diversified
Industry
Diversified
Citizenship
Singapore

Biography

Kwek Leng Peck is a Singaporean billionaire businessman and executive chairman of Hong Leong Asia. Born in Singapore, he is a trained accountant. His career spans over many years of experience in trading, manufacturing, property investment and development, hotel operations, corporate finance, and management. He has been significantly involved in Hong Leong Group's real estate developments, investments, and hotel operations. Notably, he resigned from the board of City Developments Limited (CDL) in 2020 due to disagreements over investments. As of 2024, his net worth is estimated at $1.6 billion, and he holds the #2430 rank among the world's billionaires.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$1.59B
2025$1.60B
2024$1.60B

Portfolio Holdings

Hong Leong Industries

Hong Leong Industries

Singapore
Hong Leong Financial

Hong Leong Financial

Finance
Singapore

In-Depth Profile

Early Life and Education

Kwek Leng Peck was born in Singapore. He holds a Diploma in Accountancy, which is the foundation of his financial acumen. He is a trained accountant.

Rise to Success

Kwek Leng Peck's career highlights his deep involvement with the Hong Leong Group. He played a significant role in Hong Leong Group's real estate developments, investments, and hotel operations. Over the last four decades, he has overseen the growth of the HLA group from an integrated building materials group in the 1980s and 1990s to being a major player in China's consumer products and diesel engine industries since the 2000s. In 2020, Kwek resigned from the board of City Developments Limited (CDL).

Key Business Strategies

His career is marked by his extensive experience in trading, manufacturing, property investment, and hotel operations, in addition to his role in corporate finance and management. Kwek is currently the Executive Chairman of Singapore-listed Hong Leong Asia, which is involved in the manufacture, trading, and distribution of cement and steel products. He has been instrumental in growing Hong Leong Group's various ventures.

Philanthropy

Information about Kwek Leng Peck's specific philanthropic initiatives and the amounts donated could not be found with the current search. This information could potentially be found in the Hong Leong Group's annual reports, or other sources.

Career Milestones

1987

Director of CDL

Appointed a Director of City Developments Limited (CDL).

1998

Non-Executive Director of Hong Leong Finance

Appointed as a Non-Executive Director of Hong Leong Finance Limited.

2017

Executive Chairman of Hong Leong Asia

Became the Executive Chairman of Hong Leong Asia Ltd.

2020

Resignation from CDL Board

Resigned from his position as a non-executive and non-independent director of City Developments Ltd (CDL).

Controversies & Challenges

2020

Resignation from CDL Board

Resigned from the board of City Developments Limited due to disagreements with the board and management.

Billionaires Connected to Kwek Leng Peck

Peers in Diversified

All Diversified billionaires

Richest in Singapore

All billionaires from Singapore

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Kwek Leng Peck's net worth in 2026?
As of 2026, Kwek Leng Peck's estimated net worth is $1.591 billion, ranking #2544 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Kwek Leng Peck make their money?
Kwek Leng Peck's wealth primarily comes from Diversified, most notably through Diversified.
Where is Kwek Leng Peck from?
Kwek Leng Peck is from Singapore.
How old is Kwek Leng Peck?
Kwek Leng Peck is 70 years old.

Sources & References

  1. Kwek Leng Peck — Forbes profile Forbes