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.
The federal government shutdown imperils the extension of Obamacare subsidies for more than 22 million Americans, which could make their healthcare much less affordable.
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No one would finance Todd Graves’ idea for a restaurant serving only chicken fingers. So he worked as a boilermaker and salmon fisher to fund it himself. Now Raising Cane’s is one of America’s hottest fast-food chains and Graves is the country’s richest restaurateur, worth $22 billion.
In his early 20s, Todd Graves, dismissed by banks as a naive kid with a bad idea, turned his fanatic vision for chicken fingers into Raising Cane's. Now, Graves is worth $22 billion, and with over 900 locations, Raising Cane’s is one of America's fastest-growing fast-food chains.
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Speculation that healthcare billionaire Peter Lim was looking to sell his majority-owned Valencia CF was put to rest in March, when his 32-year-old son, Kiat, was named president of the Spanish football club.
Misfits X Series 22 is the featured fight attraction on Saturday. Here's all the results from the card including the main event featuring Darren Till and Luke Rockhold.