Meet Malaysia's Richest Heiress: Kuok Hui Kwong Takes Charge of Shangri-La Asia's ₹18,000 Crore Empire
- bySagar
- 18 Jul, 2025
Harvard-educated business leader inherits legacy of hospitality and leadership from billionaire father Robert Kuok.
Kuok Hui Kwong, the daughter of Malaysia's richest businessman Robert Kuok, has taken the reins of the renowned luxury hospitality brand Shangri-La Asia, overseeing a business empire valued at over ₹18,000 crore (approximately US$2.19 billion). The 47-year-old is not only the Chairperson but also the Executive Director of the group, a role she has steadily ascended to after years of dedicated service within the company.
A Journey from Harvard to Boardroom
Kuok Hui Kwong is a Harvard University graduate, equipped with the global vision and leadership skills that have shaped her career in the world of luxury hospitality. In 2016, she entered the Shangri-La Asia boardroom as Executive Director and within a year, rose to become Chairperson of the group. Her rise in the corporate ranks has been marked by resilience, strategic acumen, and an unyielding commitment to her family’s legacy.
Leading the Business After CEO Exit
In 2022, following the resignation of former CEO Lim Beng Chi, Kwong assumed full leadership responsibilities at Shangri-La Asia. Under her guidance, the group has maintained stability and expanded its luxury presence across Asia and beyond. She earns a monthly salary of HK$576,000 (approx ₹6.1 lakh) and holds over 5% stake in Kerry Group, another pillar of her family’s conglomerate.
Shangri-La: A Legacy of Luxury
The Shangri-La Group operates more than 100 luxury hotels under four prestigious brands: Shangri-La, Kerry Hotels, JEN, and Traders. Despite facing economic pressures in 2024, the company reported revenues of US$2.19 billion. However, its net profit fell by 12.3% to US$161.4 million, reflecting ongoing global challenges in the hospitality sector.
Even during the challenging COVID-19 period, the group maintained a strong employee-first approach. Shangri-La was among the few hospitality giants that avoided major layoffs, earning praise for its humane leadership and employee loyalty.
Temporary Stint as SCMP CEO
Beyond the hotel business, Kwong briefly took on the role of CEO of the South China Morning Post in 2022, further showcasing her versatility and management capabilities across industries.
Inheriting a Billion-Dollar Legacy
Her father, Robert Kuok, is one of Asia’s most influential tycoons, with a current net worth estimated at US$11.4 billion, making him Malaysia’s wealthiest individual. Often referred to as the “Sugar King of Asia,” Kuok built an empire that spans hospitality, shipping, real estate, media, and agribusiness. Kuok Hui Kwong now carries forward that legacy, navigating the next era of Shangri-La’s expansion and transformation.
What Lies Ahead
With a strong foothold in the luxury hospitality market and a clear vision for sustainable growth, Kuok Hui Kwong’s leadership marks a significant chapter for Shangri-La Asia. She aims to steer the group through global market fluctuations while upholding the brand’s tradition of elegance, service, and excellence.
As one of the few women leading a global luxury hotel chain, Kuok sets a powerful example for aspiring businesswomen and heirs of legacy businesses. Her rise to the top not only reflects personal competence but also a seamless blend of inherited wisdom and modern leadership.
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