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Billionaire Profile
Quek Leng Chan
Global Rank
#292

Image: Public domain | via Wikimedia Commons

Quek Leng Chan

CEO, Hong Leong Company (Malaysia) Berhad
MY
Real-Time Net Worth
$10.4B
As of December 2025
Age
84
Source
Banking, property
Industry
diversified
Citizenship
MY

Biography

Tan Sri Quek Leng Chan, a prominent Malaysian billionaire, is the executive chairman of Hong Leong Company (Malaysia) Berhad, a diversified conglomerate with interests in banking, financial services, property development, manufacturing, and hospitality. With an estimated net worth of $10.4 billion as of November 2025, he is the second-richest person in Malaysia. Quek's wealth stems from his involvement in banking and property. He is a British-trained lawyer, having studied at Victoria School in Singapore and qualified as a barrister-at-law from Middle Temple. His career spans various sectors, including financial services, manufacturing, and real estate, and he holds key leadership positions within the Hong Leong Group.

Wealth Over Time

In-Depth Profile

Early Life and Education

Tan Sri Quek Leng Chan was born on December 8, 1941, in Malaysia. He received his education at Victoria School in Singapore and later pursued legal studies in the United Kingdom. He qualified as a barrister-at-law from Middle Temple, providing him with a strong foundation for his future business endeavors.

Rise to Success

Quek Leng Chan co-founded the Hong Leong Group Malaysia. He inherited part of his fortune from his father, who, along with his brothers, started a banking group in the 1920s. Through his leadership, the Hong Leong Group has grown into a major conglomerate with diverse interests.

Key Business Strategies

Quek Leng Chan's business acumen is evident in his strategic leadership of the Hong Leong Group. The group has a significant presence in banking, financial services, property, and manufacturing. He has overseen the Malaysian operations while his cousin, Kwek Leng Beng, manages the Singapore operations.

Philanthropy

Quek Leng Chan, through the Hong Leong Foundation, supports educational initiatives for lower-income students and provides financial aid to the elderly and children. The foundation focuses on transparency and effectiveness in its charitable work.

Career Milestones

1941

Born

Born in Malaysia on December 8, 1941.

1960s

Education

Studied at Victoria School in Singapore and qualified as a barrister-at-law from Middle Temple, United Kingdom.

1960s

Co-founded Hong Leong Group Malaysia

Co-founded Hong Leong Group Malaysia.

2022

Chairman of the Board of GuocoLand Ltd

Appointed chairman of the board of the real estate company GuocoLand Ltd in September 2022.

Philanthropy & Social Impact

Education and Social Welfare

Hong Leong Foundation

Unknown

Supports educational outcomes for lower-income students and provides financial support for abandoned elderly and children.