Kwee family
| Kwee family | |
|---|---|
| Residence | Singapore |
| Nationality | Singapore |
| Occupation | Owners, Pontiac Land Group |
| Net worth | $5.3 billion (July 2017) [1] |
| Parent(s) | Henry Kwee |
| Website | http://www.pontiacland.com/ |
Kwee Liong Keng, Kwee Liong Tek, Kwee Liong Seen and Kwee Liong Phing are brothers and Singapore businessmen, owners of Pontiac Land Group, a privately held Singapore property and hospitality company.[2]
Career
The Kwee brothers via Pontiac Land Group own several luxury hotels in Singapore, Ritz-Carlton Millenia, the Conrad Centennial Singapore, and The Capella Singapore, as well as office blocks, the Millenia Tower and the Centennial Tower.[2]
In October 2013, the Kwee brothers agreed to provide $300 million in equity, supported by an $860 million loan from a consortium of Asian banks to enable the Tower Verre development in New York City.[3] The Kwees are also redeveloping 2 of Sydney's historic sandstone buildings into a 240- room luxury hotel. [4]
According to Forbes, the Kwee brothers have a net worth of $5.3 billion, as of July 2017.[2]
Personal life
Henry Kwee, father of the Kwee brothers, is an Indonesian textile trader and real estate developer who emigrated to Singapore in 1958.[2] The Kwee brothers live in Singapore.[2] The Kwee brothers support educational causes, arts and cultural causes, social causes and humanitarian causes. [5]
References
- ↑ "Kwee family". Forbes. Retrieved 17 July 2017.
- 1 2 3 4 5 "Kwee family". Forbes. Retrieved 17 July 2017.
- ↑ migration (2015-05-13). "Pontiac Land makes its mark in US with style". The Straits Times. Retrieved 2017-07-17.
- ↑ "Singapore: Pontiac Land Group to invest $300m in redeveloping Syndey properties - DealStreetAsia". www.dealstreetasia.com. Retrieved 2017-07-17.
- ↑ "Liong Tek Kwee | Wealth-X". Wealth-X. 23 October 2015.