Quek Leng Chan’s net worth over time
Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.
See the numbers as a table
| Date | Estimate | Source |
| 2019 | $9.4 billion | Forbes World's Billionaires List 2019 |
| 2020 | $9.2 billion | Forbes World's Billionaires List 2020 |
| 2021 | $9.7 billion | Forbes World's Billionaires List 2021 |
| 2022 | $10.6 billion | Forbes World's Billionaires List 2022 |
| 2023 | $10.1 billion | Forbes World's Billionaires List 2023 |
| 2024 | $8.8 billion | Forbes World's Billionaires List 2024 |
| 2025 | $9.9 billion | Forbes World's Billionaires List 2025 |
| 2026 | $7.6 billion | Forbes World's Billionaires List 2026 |
| Oct 2026 | $7.4 billion | Forbes Real-Time Billionaires · Forbes real-time estimate |
Where the money comes from
These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.
Quek Leng Chan’s fortune in real-life terms
Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).
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Quek Leng Chan has an estimated net worth of $7.4 billion, according to Forbes Real-Time Billionaires, Quek Leng Chan profile (figures as of October 20, 2026). That is down from a peak of $10.6 billion.
Quek Leng Chan is a Malaysian business leader best known for helping build Hong Leong Group Malaysia. He co-founded Hong Leong Group Malaysia and leads the Malaysian side of the wider Hong Leong business network. He is the executive chairman of privately held Hong Leong Co. (Malaysia), and he also holds top roles across banking, property, industry, insurance, and capital markets businesses tied to the group.
His wealth comes from banking and property, along with other interests inside the group. Forbes says he inherited part of his fortune from his father, one of three brothers who started a banking group in the 1920s. He is also a British-trained lawyer. In business, he oversees the Malaysian operations, while his cousin Kwek Leng Beng leads the Singapore side. That long family business base helped make him one of Malaysia's richest people.
How Quek Leng Chan built his fortune
Quek Leng Chan's money is tied to a broad set of companies under Hong Leong in Malaysia. Forbes says Hong Leong Co. (Malaysia) has interests in finance, food and property. His background also shows those interests spread across financial services, manufacturing and real estate. He serves as chairman or executive chairman at several linked businesses, including Hong Leong Bank, Hong Leong Financial Group, Hong Leong Industries, Hume Industries and GuocoLand (Malaysia).
Part of his fortune came through inheritance, but his public business role is also central to how the wealth is managed. Forbes notes that he inherited part of it from his father, whose family helped start a banking group in the 1920s. He is qualified as a barrister-at-law from Middle Temple in the United Kingdom. On the corporate side, he oversees the Malaysian operations of the Hong Leong Group, while his cousin Kwek Leng Beng runs the Singapore operations.
What Forbes says about his net worth
Forbes has tracked Quek Leng Chan's wealth through several market cycles. On the World's Billionaires list, Forbes estimated $9.4 billion in 2019, $9.2 billion in 2020 and $9.7 billion in 2021. The estimate then rose to $10.6 billion in 2022 before moving down to $10.1 billion in 2023 and $8.8 billion in 2024. Those shifts fit the kind of swings that can happen when someone is tied to banking, property and other diversified holdings.
The estimate moved back up to $9.9 billion on the 2025 Forbes World's Billionaires list, then dropped to $7.6 billion on the 2026 list. Forbes' real-time tracker later showed $7.4 billion in October 2026. Because his business interests span finance, food and property, changes in those sectors can affect how Forbes values the overall fortune. Forbes currently puts Quek Leng Chan at $7.4 billion as of October 20, 2026.
Career and money timeline
- 1920s
His family banking roots began when his father and his brothers started a banking group.
- 1976
He received the Officer of the Order of the Defender of the Realm.
- 1991
He received the Companion of the Order of Loyalty to the Crown of Malaysia.
- 1994
He received the Commander of the Order of Loyalty to the Crown of Malaysia.
- 2022
He was appointed chairman of the board of GuocoLand Ltd.
Quek Leng Chan net worth FAQ
What is Quek Leng Chan's net worth?
Quek Leng Chan's net worth is an estimated $7.4 billion, according to Forbes Real-Time Billionaires, Quek Leng Chan profile (October 20, 2026). It is an estimate, not an official figure.
How did Quek Leng Chan get so rich?
The main sources named in the reporting we cite are: Banking, property.
Is Quek Leng Chan a billionaire?
Yes. Forbes Real-Time Billionaires estimates Quek Leng Chan is worth $7.4 billion.
How has Quek Leng Chan's net worth changed?
The earliest published estimate we track is $9.4 billion (2019, Forbes World's Billionaires List 2019). The latest is $7.4 billion (October 20, 2026).
What businesses is Quek Leng Chan known for?
He is known for Hong Leong Group Malaysia and its interests in banking, property, finance, food, manufacturing and real estate.
Did Quek Leng Chan inherit his wealth?
Forbes says he inherited part of his fortune from his father. He also leads major Hong Leong businesses in Malaysia.
Sources
- Forbes Real-Time Billionaires, Quek Leng Chan profile (October 20, 2026)
- Forbes World's Billionaires List 2019, Quek Leng Chan profile (March 5, 2019)
- Forbes World's Billionaires List 2020, Quek Leng Chan profile (April 7, 2020)
- Forbes World's Billionaires List 2021, Quek Leng Chan profile (April 6, 2021)
- Forbes World's Billionaires List 2022, Quek Leng Chan profile (April 5, 2022)
- Forbes World's Billionaires List 2023, Quek Leng Chan profile (April 4, 2023)
- Forbes World's Billionaires List 2024, Quek Leng Chan profile (April 2, 2024)
- Forbes World's Billionaires List 2025, Quek Leng Chan profile (April 2025)
- Forbes World's Billionaires List 2026, Quek Leng Chan profile (March 10, 2026)
- U.S. Bureau of Labor Statistics, Usual Weekly Earnings (Q2 2026) (July 2026)
- Federal Reserve, 2025 Survey of Consumer Finances (median family net worth, Table 4) (October 2026)
- Background facts: Wikipedia, Quek Leng Chan (accessed October 23, 2026). Used for career facts only, never for figures.
Photo: Encik Tekateki, CC BY-SA 4.0, via Wikimedia Commons.
Every number on this page is an estimate published by the source named next to it. We never fill in years with our own guesses. How we handle estimates.