Billionaire Profile
Kwek Leng Peck
Global Rank
#2536

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Kwek Leng Peck

CEO, Diversified
SINGAPORE
Real-Time Net Worth
$1.59B
Estimated based on Diversified stock value as of April 20, 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.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

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.