Portrait of Kwee Liong Phing

Rank #2274

Kwee Liong Phing

Net worth $1.8B

Real estate · Singapore

Born
Jan 01, 1958
Age
68
Source
Real estate
Residence
Singapore
Citizenship
Singapore
Marital status
Married
Children
4
Education
Bachelor of Arts/Science, Cornell University

Net worth over time

Biography

  • Kwee Liong Phing and his three siblings control privately held Pontiac Land, which owns an array of luxury hotels and iconic office towers across Singapore.
  • Pontiac Land was founded by their Indonesian father Henry Kwee, a textile trader and real estate developer, who migrated to Singapore in 1958.
  • In New York, the brothers own a majority stake in a luxury tower designed by French architect Jean Nouvel, located beside the Museum of Modern Art.
  • In 2017, the brothers acquired the Cappella Hotel group from legendary luxury hotelier, Horst Schulze, for an undisclosed sum.
  • Pontiac Land has invested $400 million in a resort complex in the Maldives.