What is Quek Leng Chan’s Net Worth?
Quek Leng Chan is a Malaysian tycoon who has a net worth of $5 billion. Quek Leng Chan is the co-founder of Malaysia-based Hong Leong Group. Quek Leng Chanheads leads the conglomerate and will get the most important a part of his net worth from his fairness stake. His try to take the corporate personal in a $1.1 billion deal wasn’t profitable as shareholders selected to ask for a greater worth for the funding banking arm Hong Leong.
Apart from Guoco, which controls 14 listed firms, Leng Chan’s different pursuits embrace monetary companies, property improvement and lodges throughout Southeast Asia. Furthermore, he holds a controlling share of huge Hong Leong Group along with his Singaporean cousin, Kwek Leng Beng, and Kwek’s family. Quek supervises the Malaysian operations of the group, whereas his cousin and fellow billionaire Kwek is liable for the operations in Singapore. Apart from the above, he additionally inherited a fortune from his rich father, heritage that he shared along with his two brothers.
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