Kwee brothers, consisting of the four siblings, Kwee Liong Tek, Kwee Liong Seen, Kwee Liong Phing, and Kwee Liong Keng, are amongst the most successful businessmen in Singapore. The Kwee family’s legacy in the real estate business began in the 1940s, and they have since expanded their business portfolio to include a diverse range of investments such as oil, gas, and hospitality.
Early Life and Education
The Kwee brothers were raised in a wealthy family, and their father, Kwee Thiam Tiah, was one of the pioneers of the Singapore real estate market. The brothers grew up witnessing their father’s business empire evolve from a small company to a thriving real estate business.
Kwee Liong Tek, born in 1940, is the eldest among the brothers. He studied at St. Andrew’s School in Singapore before attending the University of New South Wales in Australia, where he graduated with a Bachelor of Commerce degree.
Kwee Liong Seen, born in 1946, also attended the same school as his brother before pursuing an education in London. He obtained a degree in Economics and Business Administration from the London School of Economics.
Kwee Liong Phing, born in 1949, completed his higher education studies at the University of Hawaii, where he earned a degree in Business Administration.
Kwee Liong Keng, born in 1951, is the youngest among the brothers. He studied at the University of Southern California, where he obtained a degree in Business Administration.
Career and Achievements
The Kwee brothers’ wealth mainly comes from their extensive real estate investments, which include high-end luxury residential properties in Singapore, Indonesia, and China. The Kwee family’s property empire is worth an estimated $5 billion, and it has consistently been ranked as one of the wealthiest in Singapore.
Apart from real estate investments, the Kwee brothers have also ventured into the oil and gas industry, where they own a significant stake in Pacific Oil & Gas. The company operates in Asia, including China, Indonesia, and Thailand, among others.
The Kwee brothers’ success in the hospitality industry is also evident in the number of hotels they own worldwide. The Pontiac Land Group owns the iconic Ritz-Carlton in Singapore, along with numerous other luxury hotel properties in Asia and the United States.
In terms of their achievements, the brothers’ contributions to the Singaporean economy have been adequately rewarded. In 2016, Kwee Liong Tek received the prestigious Lifetime Achievement Award from the Urban Land Institute for his exceptional contributions to the real estate industry.
The Kwee brothers are known for keeping their personal lives out of the public eye. They prefer to keep their private lives separate from their business dealings and rarely give interviews to the media. However, it is known that they are all married and have children.
|Name||Kwee Liong Tek, Kwee Liong Seen, Kwee Liong Phing, and Kwee Liong Keng|
|Born||1940, 1946, 1949, and 1951|
|Sector||Real Estate, Oil and Gas, Hospitality|
|Companies||Pontiac Land Group, Pacific Oil & Gas|
|Net Worth||US$5 billion|