Billionaire Profile
Kwek Leng Peck
Global Rank
#2019

Image: Public domain | via Wikimedia Commons

Kwek Leng Peck

CEO, Hong Leong Asia Ltd.
SG
Real-Time Net Worth
$1.89B
As of December 2025
Age
69
Source
Diversified
Industry
diversified
Citizenship
SG

Biography

Kwek Leng Peck, a prominent figure in Singapore's business landscape, is a 69-year-old billionaire with a diversified source of wealth. His net worth is estimated at $1.8 billion, ranking him among the world's wealthiest individuals. His career includes executive roles at Hong Leong Asia and board memberships in various companies. Kwek's professional journey highlights his expertise in trading, manufacturing, property investment, hotel operations, corporate finance, and management within the Hong Leong Group, Singapore.

Wealth Over Time

In-Depth Profile

Early Life

Kwek Leng Peck was born in 1956. He is part of the Kwek family, known for their significant presence in the Singaporean business environment. Kwek is a trained accountant. His father co-founded the Hong Leong Group with the fathers of Kwek Leng Beng and Kwek Leng Kee.

Rise to Success

Kwek Leng Peck's career has been marked by various executive positions and board memberships. He currently serves as the Executive Chairman of Hong Leong Asia. He has been involved in trading, manufacturing, property investment, and development, and has a long tenure in hotel operations and corporate finance.

Key Business Strategies

Kwek has overseen the growth of the Hong Leong Asia Group, playing a key role in its expansion over four decades. He has been involved in integrating building materials, consumer products, and diesel engines within China's industries. He is also a director of Hong Leong Finance.

Philanthropy

Kwek's philanthropic activities are not specifically detailed in the search results. However, his involvement in the Hong Leong Foundation suggests a commitment to giving back to society.

Career Milestones

1987

Director of City Developments Limited (CDL)

Appointed as a Director of CDL.

1998

Director of Hong Leong Finance

Appointed as a Non-Executive and Non-Independent Director

2017

Executive Chairman of Hong Leong Asia Ltd.

Assumed the role of Executive Chairman.

2020

Resignation from CDL

Resigned from the board of City Developments Limited.

Philanthropy & Social Impact

Community Development

Hong Leong Foundation

Unknown

The Hong Leong Foundation is a philanthropic initiative within the Hong Leong Group, suggesting Kwek's involvement in charitable activities.

Controversies & Challenges

2020

Resignation from CDL Board

Resigned from his position as non-executive and non-independent director of City Developments Ltd (CDL), citing disagreements with the board and management.