Mr Ho Kwon Ping, 72, is the co-founder and executive chairman of home-grown hospitality company Banyan Group. The hotelier and property developer owns and manages more than 80 properties globally, and is expecting to launch its 100th property in Singapore in 2025.

His late parents were Mr Ho Rih Hwa, a businessman and diplomat; and Madam Li Lienfung, a prolific writer, philanthropist and arts champion. The younger Mr Ho is married to Banyan Group co-founder Claire Chiang, 73. They have three children – Ren Hua, 42, Ren Yung, 39, and Ren Chun, 30 – and five grandchildren.