From the Editor

Last Updated Sep 3, 2025, 1:01am EDT

  • The four Kwee siblings control privately held Pontiac Land, which owns an array of luxury hotels and iconic office towers across the island nation.
  • Pontiac Land was founded by their Indonesian father Henry Kwee, a textile trader and real estate developer, who migrated to Singapore in 1958.
  • In New York, the brothers own a majority stake in a luxury tower designed by French architect Jean Nouvel, located beside the Museum of Modern Art.
  • The brothers acquired the Capella Hotel group from legendary luxury hotelier Horst Schulze, for an undisclosed sum, in 2017. They also own a $400 million resort complex in the Maldives.
  • In 2024, Kwee Liong Tek (pictured) became Pontiac's chairman emeritus and his brothers also ceded their board positions to members of the family's third generation.
Wealth History
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Personal Stats

Source of Wealth
Real estate
Residence
Singapore, Singapore
Citizenship
Singapore
Did you know
In 2018 they sold their 50% stake in the landmark Capitol Singapore project to erstwhile partner Perennial Real Estate Holdings for $380 million.
The Kwees are avid art collectors, decorating their various properties with works by artists like Roy Lichtenstein and Frank Stella.
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