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Kwek Leng Peck

Kwek Leng Peck

K. Peck
0.12% | + $1.90M
$1.59 B ₹ 14,477 Cr
Real Time Net Worth #2420 Ranking as of 21 Feb 2026 By Forbes

More on Kwek Leng Peck

Gender

Male

Age

70Y

Country

Singapore

Born On

January, 1956

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Family Wealth

Primary Organization

Hong Leong Asia

Titles

Executive Director

Sources of Wealth

Hong Leong Group

Industry

Diversified, Real Estate

About Kwek Leng Peck


K wek Leng Peck is a Singaporean businessman and a member of the influential Kwek family that controls the Hong Leong Group. He is the nephew of the group's executive chairman, Kwek Leng Beng, and has been actively involved in the family's diverse business interests for many years. His father, Kwek Leng Joo, who passed away in 2015, was also a key figure in the group.

Kwek Leng Peck has held various executive roles and directorships across the Hong Leong Group's numerous companies, spanning property, manufacturing, and trade. His wealth is derived from his inherited stake in the family's vast conglomerate. In recent years, he has been in the spotlight due to his resignation from the board of City Developments Limited (CDL), the group's property arm, citing disagreements with the board and management over a particular investment, which highlighted the complexities of governance within large family-controlled enterprises.

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Quick Reads


  • Member of the Kwek family, which controls Singapore's Hong Leong Group.
  • Nephew of the group's chairman, Kwek Leng Beng.
  • Has held various directorships within the group's companies.
  • His wealth comes from his inherited stake in the family conglomerate.
  • Resigned from the board of City Developments Ltd in 2020.

Early Life and Background


Kwek Leng Peck is a Singaporean businessman, the billionaire Deputy Chairman of Hong Leong Group Singapore and Non-Executive Director of City Developments Limited (CDL). His wealth is generational, tied to the massive Hong Leong conglomerate founded by his uncle, Kwek Hong Png, in 1941.

Kwek Leng Peck's career is defined by generational stewardship and financial governance. He is the cousin of Kwek Leng Beng (the Executive Chairman of the Hong Leong Group). His structural role is tied to managing the Group's diverse holdings and ensuring adherence to the family's core philosophy of prudence and long-term asset hold.

  • Hong Leong Group Singapore (Deputy Chairman): The umbrella private holding company with interests in financial services, property (City Developments Limited), and industrial assets.
  • City Developments Limited (CDL) (Non-Executive Director): The major global property and hotel developer.
  • Family Governance: He is a key member of the Kwek family, which controls the massive private conglomerate.
  • Investment Strategy: His philosophy is rooted in long-term asset hold, diversification, and opportunistic acquisition of property and financial assets.

Career Journey of Kwek Leng Peck


Kwek Leng Peck's structural role involves providing fiduciary oversight and strategic input into the management of the Hong Leong Group's diverse portfolio. He serves as Deputy Chairman of the Hong Leong Group Singapore and is a Non-Executive Director of CDL, contributing to the corporate governance of the massive enterprise.

His wealth is secured by the colossal, long-term, stable appreciation and cash flow generated by his vast global real estate and financial services portfolio. He adheres to the family's core philosophy of prudence, financial discipline, and long-term asset hold.

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Kwek Leng Peck's Timeline


1980s (approx.):

Joins the Hong Leong Group (Corporate Entry).

Ongoing:

Kwek Leng Peck assumes the role of Deputy Chairman (Executive Ascent).

Ongoing:

Continues as Deputy Chairman and Non-Executive Director of CDL, guiding the diversified conglomerate (Executive Oversight).

Major Business Ventures and Investments


Kwek Leng Peck's wealth is concentrated in his family's controlling stake and executive leadership of the private industrial giant, Hong Leong Group Singapore.

  • Hong Leong Group Singapore (Deputy Chairman): The umbrella private holding company with interests in financial services, property (City Developments Limited), and industrial assets.
  • City Developments Limited (CDL) (Non-Executive Director): The major global property and hotel developer.
  • Family Governance: He is a key member of the Kwek family, which controls the massive private conglomerate.
  • Investment Strategy: His philosophy is rooted in long-term asset hold, diversification, and opportunistic acquisition of property and financial assets.

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Philanthropy and Social Impact


Kwek Leng Peck's social impact is structural, stemming from Hong Leong Group's role as a massive employer and foundational provider of property, financial, and industrial services across Asia. His companies contribute significantly to the economic stability of Singapore and its international markets.

His personal philanthropy supports various community and educational initiatives. His structural contribution is tied to the successful generational transition and stable private control of a critical portion of the Hong Leong conglomerate.

Fashion, Style, and Lifestyle


Kwek Leng Peck maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the global financial and property sectors.

Residing in Singapore, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to financial stewardship, corporate governance, and the long-term stewardship of the Hong Leong empire.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Deputy Chairman of Hong Leong Group Singapore.
  • He is the cousin of Kwek Leng Beng (Executive Chairman of the Hong Leong Group).
  • His family controls City Developments Limited (CDL) and the Millennium & Copthorne Hotels chain.
  • His role focuses on fiduciary oversight and strategic input.
  • His wealth is tied to the successful vertical integration of property, hotels, and banking.
  • He holds an estimated net worth in the billions of dollars (2025 estimate).
  • His philosophy emphasizes prudence and long-term asset hold.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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