Quek Leng Chan
Photo: Encik Tekateki, CC BY-SA 4.0, via Wikimedia Commons

Quek Leng Chan Net Worth

Hong Leong Group Malaysia chairman
BillionaireBusiness
Estimated net worth
$7.4B
Source: Forbes Real-Time Billionaires, October 20, 2026. Updated October 23, 2026.

Quek Leng Chan’s net worth over time

$9.4B: Forbes World's Billionaires List 2019 estimate, 2019$9.4B2019$9.2B: Forbes World's Billionaires List 2020 estimate, 2020$9.2B2020$9.7B: Forbes World's Billionaires List 2021 estimate, 2021$9.7B2021$10.6B: Forbes World's Billionaires List 2022 estimate, 2022$10.6B2022$10.1B: Forbes World's Billionaires List 2023 estimate, 2023$10.1B2023$8.8B: Forbes World's Billionaires List 2024 estimate, 2024$8.8B2024$9.9B: Forbes World's Billionaires List 2025 estimate, 2025$9.9B2025$7.6B: Forbes World's Billionaires List 2026 estimate, 2026$7.6B2026$7.4B: Forbes Real-Time Billionaires estimate, Oct 2026. Forbes real-time estimate$7.4BOct 2026

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
DateEstimateSource
2019$9.4 billionForbes World's Billionaires List 2019
2020$9.2 billionForbes World's Billionaires List 2020
2021$9.7 billionForbes World's Billionaires List 2021
2022$10.6 billionForbes World's Billionaires List 2022
2023$10.1 billionForbes World's Billionaires List 2023
2024$8.8 billionForbes World's Billionaires List 2024
2025$9.9 billionForbes World's Billionaires List 2025
2026$7.6 billionForbes World's Billionaires List 2026
Oct 2026$7.4 billionForbes Real-Time Billionaires · Forbes real-time estimate

Where the money comes from

Bankingproperty

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

113,122 years
for the median full-time U.S. worker to earn this much, spending nothing
34,243×
the net worth of the typical U.S. family
0.8%
of Elon Musk's fortune, the biggest on Net Worth Lookup

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

  1. 1920s

    His family banking roots began when his father and his brothers started a banking group.

  2. 1976

    He received the Officer of the Order of the Defender of the Realm.

  3. 1991

    He received the Companion of the Order of Loyalty to the Crown of Malaysia.

  4. 1994

    He received the Commander of the Order of Loyalty to the Crown of Malaysia.

  5. 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.