Billionaire Profile
Kwek Leng Peck
Global Rank
#2420

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Kwek Leng Peck

CEO, Diversified
SINGAPORE
Real-Time Net Worth
$1.577B
Estimated based on Diversified stock value as of March 6, 2026
0% (24h)
Age
70
Source
Diversified
Industry
Diversified
Citizenship
SINGAPORE

Biography

Kwek Leng Peck is a Singaporean billionaire and the Executive Chairman of Hong Leong Asia, a diversified company. With a net worth of $1.9 billion, Kwek has built a career spanning several decades in diverse sectors including trading, manufacturing, property investment and development, hotel operations, corporate finance, and management. His wealth stems from diversified sources, reflecting a strategic approach to investments and business ventures. Kwek's career includes a significant role in the Hong Leong Group, contributing to its real estate developments, investments, and hotel operations. Known for his extensive experience and contributions to the industry, he has become a prominent figure in Singapore's business landscape.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Kwek Leng Peck, born in 1956, is a Singaporean businessman from a family with a long history in business. His father co-founded the Hong Leong Group. Kwek's early life provided him with a foundation in a business environment, and he would later build upon this foundation to establish himself as a leader in the industry.

Rise to Success

Kwek Leng Peck's career has been marked by his leadership in various roles within the Hong Leong Group. His career includes a significant role in the Hong Leong Group, contributing to its real estate developments, investments, and hotel operations. He is currently the Executive Chairman of Hong Leong Asia. He has extensive experience in trading, manufacturing, property investment, hotel operations, corporate finance, and management. He served as a Director of City Developments Limited (CDL) from 1987 to 2020, but resigned in 2020 due to differences with the management concerning investments in China.

Key Business Strategies

Kwek Leng Peck's business strategies have centered around diversification and strategic investments. His leadership has been instrumental in overseeing the growth of the Hong Leong Asia Group. He has a long tenure in the industry, with experience across several sectors, including property and finance. Kwek has a deep understanding of the HLA group's business and has overseen its expansion. He also serves as a Non-Executive Director for China Yuchai International Limited and Hong Leong Finance Limited.

Philanthropy

Kwek Leng Peck is involved in philanthropic activities. He has a history of contributing to causes he believes in. Kwek and City Developments Limited (CDL) jointly donated S$24 million to the Singapore Institute of Technology (SIT). In recognition of the donation, SIT will name its new University Tower at its future campus in Punggol, the Kwek Leng Beng University Tower.

Career Milestones

1987

Director of City Developments Limited (CDL)

Appointed a Director of CDL.

1998

Non-Independent Non-Executive Director

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

2017

Executive Chairman

Appointed as Executive Chairman of Hong Leong Asia.

2020

Resignation from CDL

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

Philanthropy & Social Impact

Education

Singapore Institute of Technology (SIT)

$24M

Joint donation with City Developments Limited (CDL).

Controversies & Challenges

2020

Resignation from CDL Board

Resigned from the board of City Developments Limited citing differences with the management.