Photo illustration by Mr. Nelson Design
The Big Take
The Succession Drama Inside Singapore’s Richest Family
The billionaire Kwek clan was held up as a three-generation success story, until a father-son conflict revealed a surprising rift
For years, Singapore’s richest family looked like a model of effective succession planning.
A recent father-son feud has shattered that image, and turned the $17 billion Kwek clan into a cautionary tale for investors in family-controlled companies.