Residence Singapore Name Kwee brothers Parent(s) Henry Kwee | Ethnicity Indonesian Nationality Singapore | |
Occupation Owners, Pontiac Land Group Net worth $4.8 billion (January 2015) | ||
paolo gianfelice mario rocca americo amorim kwee brothers carlos and alejandro bulgheroni
The Kwee family is a Singaporean family that owns the Pontiac Land Group, a privately held luxury real estate developer and hotel owner based in Singapore. The Kwee brothers Kwee Liong Keng, Kwee Liong Tek, Kwee Liong Seen and Kwee Liong Phing collectively run the group.
Contents
- paolo gianfelice mario rocca americo amorim kwee brothers carlos and alejandro bulgheroni
- Family overview
- References
Family overview
Henry Kwee Hian Liong, father of the Kwee brothers, was an Indonesian textile trader and real estate developer who emigrated to Singapore in 1958. He founded Kwee Inc. Pte Ltd in 1959 and the Pontiac Land Group (PLG) in 1961. Henry Kwee passed away in 1988.
Kwee Liong Keng is the eldest of the Kwee brothers and serves as the managing director of PLG. Kwee Liong Keng is married to Chua Lee Eng, from the Chua family that founded Cycle and Carriage.He also served as Singapore's Non-Resident Ambassador to the Republic of Poland, among other public service positions. Kwee Liong Tek is the chairman of the Group. Brothers Kwee Liong Seen and Kwee Liong Phing are both directors on the board.
The Kwee brothers via Pontiac Land Group own several luxury hotels in Singapore including Regent Singapore, Ritz-Carlton Millenia, the Conrad Centennial Singapore, and The Capella Singapore, as well as office blocks and malls, such as Capitol Piazza, the Millenia Tower and the Centennial Tower. PLG also developed and manage the Camden Medical Centre.
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. This is PLG's first major foray outside of Singapore amidst the tightening property market on the island state. The Kwees are also redeveloping 2 of Sydney's historic sandstone buildings into a 240-room luxury hotel.
Third generation of Kwees are represented by Evan Kwee, son of Kwee Liong Tek and maternal grandson of George Aratani. Evan Kwee is a director of Pontiac Land Group and the executive director of Capella Hotel Group Asia, and is married to Claudia Sondakh. His older sister Melissa Kwee is a social activist and chief executive officer of the National Volunteer & Philanthropy Centre in Singapore. She is also a director on Pontiac Land Group. One of their cousins, Leland Kwee, is a director of Patina Hotels and Resorts, and investor.
Kwee Liong Keng's daughters Kwee Wei Lin and Kwee Su-Lin both hold senior positions at PLG.
According to Forbes, the Kwee family have a net worth of $5.3 billion, as of July 2017. The Kwee brothers reside in Singapore. The family support educational causes, arts and cultural causes, social causes and humanitarian causes.