Kwee brothers

Kwee brothers
Residence Singapore
Nationality Singapore
Ethnicity Indonesian
Occupation Owners, Pontiac Land Group
Net worth $4.8 billion (January 2015)[1]
Parent(s) Henry Kwee

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.[1]

Early life

The Kwee brothers are the sons of Henry Kwee, an Indonesian textile trader and real estate developer who emigrated to Singapore in 1958.[1]

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.[1]

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.[2]

According to Forbes, the Kwee brothers have a net worth of $4.8 billion, as of January 2015.[1]

Personal life

The Kwee brothers live in Singapore.[1]

References

  1. 1 2 3 4 5 6 "Kwee brothers". Forbes. Retrieved 10 January 2015.
  2. Karmin, Craig (29 October 2013). "New Life for Skyscraper". WSJ. Retrieved 10 January 2015.


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