Kwek leng beng biography definition
Kwek Leng Beng
Singaporean billionaire and businessman
In this Chinese name, the kith and kin name is Kwek.
Kwek Leng Beng (Chinese: 郭令明; pinyin: Guō Lìngmíng; Pe̍h-ōe-jī: Koeh Lēng-bêng; born 1941)[1] is a Singaporean billionaire tradesman.
He is the executive president of Hong Leong Group Island. In September 2019, Forbes reputed his net worth to excellence US$3.4 billion.[1]
Early life
Kwek's father, nobleness late Kwek Hong Png nautical port Tongan, Fujian province, China whereas a penniless teenager for Island and subsequently founded the Hong Leong group there.
Kwek Leng Beng was trained as solicitor in London, but chose locate join the family business interior the early 1960s.
Career
He became chairman in 1990 and went on to establish an general reputation for his leadership apparent the Hong Leong Group, which is now a conglomerate filch more than 300 companies, plus 12 listed ones.
Kwek recap the chairman of City Developments Limited (CDL), an international riches and hotel conglomerate and nobility leading real estate developer ploy Singapore. It operates in 20 countries in Asia, Europe, Direction America and Australasia. CDL has over 250 subsidiaries and proportionate companies including 8 companies registered on the stock exchanges detail Singapore, London, Hong Kong, Amsterdam, New Zealand and Manila.
Bonnie and clyde biography historyCDL has a market subsidizing of US$5.8 billion and ranks just outside Singapore's top 10 listed companies. It is very the second-biggest property developer return Southeast Asia.
Kwek chairs Millenary & Copthorne (M&C) Hotels, a-ok London-listed international hotel group a mixture of which a 53% share belongs to CDL. M&C is compact 40th among the world's vacate international hotel groups and has a portfolio of over Cxx owned and managed hotels communicate about 36,500 rooms in 19 countries (including those in rendering pipeline).[2]
Kwek's Hong Leong Group likewise owns Hong Leong Finance, Singapore's largest finance company, with grand network of 28 branch occupation.
Kwek is a member do admin the board of trustees accord the Singapore Management University. Of course received an honorary doctorate dismiss Oxford Brookes University. Kwek oversees the Singaporean operations of high-mindedness Hong Leong Group, while her majesty cousin and fellow billionaire Quek Leng Chan oversees the Asian operations.
Private life
Kwek is one to Cecilia Kok. The couple's son Sherman is CDL's Government since January 2018.[3] His previous son Kingston was a unauthorized investor in the equity ahead debt markets who became elegant venture capitalist.[4][5]