Top Richest Man in Singapore

50 Richest Man in Singapore in 2024 (With Net Worth)

By Mark Wiens

Embarking on a journey into the glittering world of wealth, our blog post unveils the stories of the 50 Richest Man in Singapore. These individuals, captains of industry and leaders in their fields, have amassed fortunes that echo the island’s economic prowess. From humble beginnings to towering success, each story is a testament to hard work, innovation, and the pursuit of dreams by the Richest Man in Singapore. As we delve into their lives, we discover the diverse sectors contributing to their wealth, ranging from technology and finance to real estate.

Behind the impressive numbers lie tales of perseverance, challenges, and the impact of these individuals on Singapore’s landscape. We explore the philanthropic endeavors many passionately pursue, giving back to the community that has played a crucial role in the success of the Richest Man in Singapore. This blog post serves as a window into the human side of wealth, highlighting the personal journeys and values accompanying financial prosperity for the Richest Man in Singapore.

Turning our attention to broader economic trends, we wrap up with an insightful look at the Highest Paying Jobs in Singapore. These lucrative career paths enhance individuals’ financial well-being and play a pivotal role in the nation’s economic growth, emphasising the symbiotic relationship between personal success and societal progress.

SG RankNameNet worth (USD)Source of wealth
1Eduardo Luiz Saverin16 billionMeta, B Capital
2Robert Ng Chee Siong14.8 billionFar East Organization
3Li Xiting14 billionMindray
4Goh Cheng Liang12.3 billionNippon Paint
5Kwek Leng Beng11 billionHong Leong Group
6Zhang Yong9.7 billionHaidilao
7Khoo family8.5 billionMaybank, Goodwood Park Hotel
8Wee Cho Yaw7.1 billionUnited Overseas Bank
9Leo Koguan6.5 billionSHI International Corp, Tesla
10Kwee brothers6.3 billionPontiac Land Group
11Lee family5.1 billionOCBC Bank
12Kuok Khoon Hong4 billionWilmar International
13Raj Kumar & Kishin RK3 billionRoyal Holdings/RB Capital
14Richard Chandler2.9 billionClermont Group
15Lien family2.8 billionUnited Overseas Bank
16Robert Friedland2.7 billionIvanhoe Mines
17Choo Chong Ngen2.6 billionHotel 81
18Forrest Li2.4 billionSea Ltd
19Sam Goi2.35 billionTee Yih Jia
20Arvind Tiku2.3 billionAT Holdings, US REIT, IREIT Global
21Ho Family2.2 billionUnited Overseas Bank
22Liang Xinjun2.15 billionFosun International
23Peter Lim2 billionWilmar International, investments
24Oei Hong Leong1.9 billioninvestments
25Gang Ye1.8 billionSea Ltd
26Ong Beng Seng & Christina Ong1.7 billionHotel Properties, Como Hotels & Resorts, Club 21, Mulberry
27Asok Kumar Hiranandani1.65 billionRoyal Brothers
28Koh Wee Meng1.6 billionFragrance Group
29Ron Sim1.55 billionOsim International
30Tay family1.5 billionOG Singapore, Memocorp
31Binny Bansal1.45 billionFlipkart
32Tang Wee Kit1.4 billionTang Holdings
33Chew Gek Khim1.35 billionStraits Trading Company
34Lim Hock Chee1.33 billionSheng Siong
35Wong brothers1.3 billionCharles & Keith
36Min-Liang Tan1.25 billionRazer Inc.
37Chua Thian Poh1.2 billionHo Bee Land
38Peter Fu Chong Cheng1.18 billionKuo International
39Yao Hsiao Tung1.15 billionHi-P Group
40Zhong Sheng Jian1.13 billionYanlord Land
41Muhammed Aziz Khan1.12 billionSummit Group
42John Lim1.1 billionARA Asset Management
43Michael Kum1.05 billionM&L Hospitality
44Loo Choon Yong1 billionRaffles Medical Group
45Lim Chap Huat995 millionSoilbuild Group
46Saurabh Mittal900 millionIndiabulls, Mission Holdings
47David Xueling Li880 millionJOYY
48Lim Kaling875 millionRazer Inc.
49Gordon & Celine Tang790 millionSingHaiyi, Suntec Reit, OKH Global, OUE Hospitality
50Laurent Junique750 millionTDCX

1. Eduardo Luiz Saverin

Eduardo Luiz Saverin, born on March 19, 1982, is a successful entrepreneur and angel investor from Brazil and is and currently based in Singapore. Known globally, Saverin is notably one of the co-founders of Facebook, a platform that has transformed social connectivity. In 2012, he held a substantial 2% ownership of Facebook shares, totalling 53 million, valued at an impressive $2 billion. Beyond his Facebook ventures, Saverin has proven his prowess in investments.

He’s taken on the role of an angel investor, supporting the growth of promising startups like Qwiki and Jumio during their early stages. As of November 5, 2023, Saverin’s achievements reflect his remarkable net worth of $18.4 billion, securing his position as the 93rd richest person globally. Eduardo Saverin’s journey showcases not only his entrepreneurial acumen but also his commitment to fostering innovation and contributing to the ever-evolving landscape of technology. His positive impact on the business world continues to inspire aspiring entrepreneurs worldwide.

2. Robert Ng Chee Siong

Robert Ng Chee Siong, born in 1952, is a highly successful Singaporean businessman who has been steering the ship as the chairman of the Hong Kong-based Sino Group since 1991. His leadership has played a pivotal role in the conglomerate’s growth and success in the competitive world of property development. Notably, Robert is the eldest son of Ng Teng Fong, a distinguished Singaporean real estate billionaire, and their combined wealth was recognised by Forbes, listing them as the 30th wealthiest individuals globally in 1997.

The legacy of success in real estate appears to run in the family. Teaming up with his brother, Philip Ng, Robert continues to make waves in the business world. As of July 2017, their combined efforts have resulted in an impressive estimated net worth of $9.7 billion. This substantial financial achievement speaks volumes about their business acumen and strategic vision. The positive impact of Robert Ng and Philip Ng extends beyond their impressive wealth; it is a testament to their dedication, hard work, and ability to navigate the complexities of the business landscape, leaving an indelible mark on the global business community.

3. Li Xiting

Li Xiting, born in 1951, is a respected Chinese-born Singaporean billionaire known for his contributions as a business magnate and philanthropist. As the co-founder, president, and co-CEO of Mindray, China’s most prominent medical equipment manufacturer, Li has played a crucial role in advancing healthcare technology. His journey to success began with research roles between 1976 and 1987 in Wuhan, Hubei, and France, where he served as a visiting scholar at Paris-Sud University.

Li’s entrepreneurial spirit came to the forefront with his involvement in Shenzhen Anke High-tech Company, a pioneer in medical devices established by the Chinese Academy of Sciences. Under his leadership, the company achieved significant milestones, including launching China’s inaugural magnetic resonance imaging (MRI) scanner in 1989. Li Xiting’s positive impact resonates not only in business but also in the realm of philanthropy. His leadership has contributed to the growth of Mindray but has also played a pivotal role in advancing healthcare technology in China, showcasing the positive outcomes that arise from dedication and innovation.

4. Goh Cheng Liang

Born in 1927, Goh Cheng Liang is a highly regarded Singaporean billionaire businessman best known as the visionary founder of Wuthelam Holdings. This remarkable company specialises in manufacturing paints and coatings, contributing significantly to the global industry. Goh Cheng Liang’s journey into entrepreneurship began with establishing Wuthelam Holdings, a venture that has become a cornerstone of the paint and coatings sector. His leadership has fostered the business’s success and positioned it as a critical player in the market.

Beyond his business endeavours, Goh Cheng Liang is recognised for his positive impact on Singapore’s economic landscape. His commitment to excellence and innovation within the paint and coatings industry has elevated his success and contributed to the nation’s industrial prowess. As a Singaporean billionaire, Goh Cheng Liang’s story inspires, showcasing the potential for individual success through dedication, entrepreneurship, and a forward-thinking approach. His positive influence extends beyond his business achievements, leaving a lasting mark on the business community and the nation.

5. Kwek Leng Beng

Born in 1941, Kwek Leng Beng was a prominent Singaporean billionaire businessman renowned for his role as the executive chairman of Hong Leong Group Singapore. With a notable business career, Kwek Leng Beng has become a key figure in shaping Singapore’s economic landscape. As the executive chairman of Hong Leong Group Singapore, Kwek Leng Beng has demonstrated exceptional leadership, contributing to the success and growth of the conglomerate. His strategic vision has been pivotal in the group’s diverse portfolio of real estate, finance, and hospitality.

Notably, as of September 2019, Forbes estimated Kwek Leng Beng’s net worth to be an impressive US$3.4 billion, underscoring his significant impact on the business world. Beyond the financial realm, Kwek Leng Beng is recognised for his positive influence on the community and the nation’s economic development. In summary, Kwek Leng Beng’s journey exemplifies the potential for success through visionary leadership and strategic business acumen. His positive contributions extend far beyond financial achievements, making him a respected figure in the business community and a source of inspiration for aspiring entrepreneurs.

6. Zhang Yong

Zhang Yong, a China-born Singaporean billionaire business magnate, has left an indelible mark on the culinary world as the visionary founder of the Haidilao restaurant group. Zhang’s claim to fame lies in establishing the renowned chain of hot pot restaurants under the Haidilao brand. As of the close of 2018, the Haidilao Hot Pot empire boasted an impressive 466 direct-operated stores spanning over a hundred cities. Zhang Yong’s success extends beyond the kitchen, with his majority stake in critical entities like Haidilao Catering, Haidilao International Holding, and Yihai International.

This strategic ownership showcases Zhang’s adept business understanding and commitment to his culinary ventures’ continuous growth and expansion. Known for his positive impact on the gastronomic scene, Zhang Yong’s Haidilao restaurants have become synonymous with exceptional dining experiences. His dedication to quality, innovation, and customer satisfaction has not only garnered him financial success but also positioned him as a respected figure in the business and culinary realms. Zhang Yong’s journey exemplifies the harmonious blend of entrepreneurship and passion, leaving a flavorful legacy in the global restaurant industry.

7. Khoo family

The Khoo family, heirs to the late banker Khoo Teck Puat, has carved a remarkable legacy in finance, hospitality, and philanthropy. Their financial journey significantly turned in 1986 when Khoo Teck Puat invested in Standard Chartered Bank, laying the foundation for a substantial part of the family’s wealth. The pinnacle of their financial success came in 2006 with the sale of their stake in Standard Chartered Bank, fetching a remarkable $4 billion.

This strategic move solidified their financial standing and showcased their astute business acumen. Beyond the financial sector, the Khoos have a prominent presence in the hospitality industry, overseeing the Goodwood Group of Hotels. Chaired by Mavis Khoo-Oei, the group is renowned for owning Singapore’s historic Goodwood Park Hotel, adding a touch of elegance to the family’s diversified portfolio. The Khoo family’s positive influence extends to philanthropy through the Khoo Foundation, their charitable arm. Notably, the foundation played a pivotal role in funding the Khoo Teck Puat Hospital in Singapore, a testament to their commitment to giving back to the community. The Khoos’ journey is a harmonious blend of financial success, responsible business practices, and a dedication to positively impacting society.

8. Wee Cho Yaw

Wee Cho Yaw, the esteemed chairman emeritus of United Overseas Bank (UOB), has played a pivotal role in shaping Singapore’s banking industry landscape. UOB, the third-largest bank in the country by assets, has a rich history dating back to its founding in 1935 as United Chinese Bank by Wee Cho Yaw’s father, Wee Khiang Cheng. Having dedicated six decades to UOB, Wee Cho Yaw’s leadership has been instrumental in the bank’s growth and success.

Stepping down as chairman in 2013, he contributed to the institution until his retirement as a director in April 2018. The legacy lives on within the family, with Wee Cho Yaw’s oldest son, Wee Ee Chong, serving as UOB’s deputy chairman and CEO, while his younger son, Wee Ee Lim, holds a board seat. In a strategic move affirming UOB’s commitment to expansion, in 2022, the bank under Wee Cho Yaw’s legacy agreed to acquire Citibank’s consumer banking business across Indonesia, Malaysia, Thailand, and Vietnam for approximately $3.6 billion. This forward-thinking approach showcases UOB’s global vision and underscores Wee Cho Yaw’s positive influence on the bank’s continued growth and success.

9. Leo Koguan

Leo Koguan, the founder and chairman of the $14 billion IT provider SHI International, is a notable figure in the technology and investment realms. While his ex-wife, Thai Lee, serves as the CEO, Koguan is recognized as one of the most prominent Tesla investors globally. His substantial fortune is primarily attributed to Tesla shares, demonstrating his savvy investment choices. Koguan’s journey began with a strategic move in Manhattan real estate, later selling it to acquire a software reseller, which eventually became SHI in 1989.

His foresight and business acumen have been vital to SHI’s success. Notably, during the pandemic market turmoil, Koguan exhibited a positive and proactive approach by selling stock holdings, including shares of Baidu and Nvidia, to invest in long-term Tesla call options. Born in Indonesia, Koguan, now a U.S. citizen residing in Singapore, holds a master’s degree from Columbia University and a law degree from New York Law School. His dynamic investment strategies and commitment to technological innovation paint a positive picture of a visionary leader in the IT industry.

10. Kwee brothers

The Kwee brothers, heirs to their father Henry Kwee’s legacy, are the driving force behind Pontiac Land, a privately held entity renowned for its collection of luxury hotels and iconic office towers in Singapore. Founded by their father, a textile trader and real estate developer who migrated to Singapore in 1958, Pontiac Land reflects the family’s commitment to excellence.

Beyond the shores of Singapore, the Kwee brothers own a majority stake in a luxurious tower designed by French architect Jean Nouvel, situated near the Museum of Modern Art in New York. Their global footprint expanded in 2017 with the acquisition of the Cappella Hotel group from legendary luxury hotelier Horst Schulze. Under the chairmanship of Kwee Liong Tek, Pontiac Land continues to make significant investments, including a $400 million resort complex in the Maldives. The Kwee brothers’ positive impact on the hospitality and real estate sectors is evident in their strategic acquisitions and commitment to delivering unparalleled luxury experiences.

11. Lee family

The Lee family’s prosperity is rooted in their ownership stake in OCBC Bank, the second-largest bank in Singapore. The late Lee Seng Wee, former OCBC chairman, played a pivotal role in building the family’s wealth until his passing in 2015 at 85. Today, his son, Lee Tih Shih, continues the family legacy by serving on the board. The Lee family’s financial influence extends beyond banking, with Lee Seng Gee, the older brother of Lee Seng Wee, chairing the family’s charitable arm, the Lee Foundation.

Although Lee Seng Gee passed away in May 2016, his commitment to philanthropy left a positive mark on the family’s legacy. Through their contributions to both the financial and charitable sectors, the Lee family plays a significant role in Singapore’s economic and philanthropic landscape, embodying a legacy of prosperity and giving back to the community.

12. Kuok Khoon Hong

Kuok Khoon Hong, the co-founder of Wilmar in 1991, has played a pivotal role in transforming the company into one of the world’s largest palm oil producers. His strategic vision and leadership have been instrumental in Wilmar’s success, contributing significantly to the global palm oil industry. Beyond Wilmar, Kuok has diversified his investments, holding stakes in Yanlord Land, led by billionaire Zhong Sheng Jian, and Perennial Real Estate Holdings.

Collaborating with Indonesian billionaire Martua Sitorus, Kuok co-owns the iconic Aviva Tower in London, showcasing his global business reach and partnerships.To highlight Wilmar’s continued success, Kuok oversaw the $2.1 billion IPO of Yihai Kerry Arawana, Wilmar’s Chinese subsidiary, on the Shenzhen stock exchange in 2020. This strategic decision bolstered Wilmar’s position in the market and reflected Kuok’s positive impact on the company’s growth and expansion. His ventures exemplify a commitment to excellence, innovation, and international business success.

13. Raj Kumar & Kishin RK

Raj Kumar and his son Kishin RK form a dynamic father-son duo, making significant strides in Singapore’s real estate sector through their Royal Holdings/RB Capital property empire. Their prominence as leading landlords is a testament to their strategic vision and prowess in the property market. Following a family settlement in 2011, Raj Kumar and Kishin RK embarked on a successful dealmaking spree, expanding their property portfolio.

Among their prized holdings are the 442-room Holiday Inn Express at Clarke Quay and the Intercontinental Singapore Robertson Quay, showcasing their influence in the hospitality sector. Their entrepreneurial spirit shines through with acquiring and refurbishing the Porcelain Hotel in Singapore’s Chinatown. In 2023, the revamped 134-room Hotel 1900 emerged as a testament to their commitment to revitalizing iconic properties. Raj Kumar and Kishin RK’s positive impact extends beyond business success, contributing to the vibrant landscape of Singapore’s real estate while breathing new life into iconic landmarks.

14. Richard Chandler

Originally from New Zealand, Richard Chandler made Singapore his home in 2006, overseeing Clermont Group, his personal investment venture. Under Chandler’s guidance, Clermont Group has cultivated a diverse portfolio spanning healthcare, financial services, and aerospace, showcasing his adeptness in varied industries. Clermont’s strategic investments include stakes in SBFC, an Indian provider of small business loans, and Hoan My, a prominent healthcare group in Vietnam.

In the aerospace sector, Chandler’s influence extends through Clermont Aerospace, which owns MagniX, an aviation engineering firm, and holds a controlling stake in Eviation, an Israeli company specializing in light electric aircraft. Aviation has garnered substantial orders, surpassing $4 billion, affirming Chandler’s success in fostering innovation and growth. Richard Chandler’s positive impact is evident in Clermont Group’s ventures, emphasizing his commitment to diverse sectors and innovative enterprises. His contributions extend globally, demonstrating Chandler’s ability to navigate and succeed in dynamic and impactful industries.

15. Lien family

The Lien family, with a minority stake in United Overseas Bank (UOB), held through their private investment firm named after the late banker Lien Ying Chow, stands as a prominent force in Singapore’s financial and philanthropic landscape. Michael Lien, the family’s grandson, chairs Wah Hin, their private investment firm, and serves on the board of UOB, showcasing their continued influence in the banking sector. Beyond finance, Michael Lien founded Leap201 in 2004, a Singapore-based philanthropy organization dedicated to enhancing the lives of the disadvantaged.

The family’s commitment to philanthropy is further exemplified by Laurence Lien, another grandson, who chairs the Lien Foundation and co-founded the Asia Philanthropy Circle. The Lien Foundation is particularly active in eldercare, addressing physical frailty and advancing early palliative care and dementia care. The family’s positive impact is evident not only in their business endeavours but also in their dedication to uplifting communities and addressing social challenges through meaningful philanthropy initiatives.

16. Robert Friedland

Robert Friedland is the visionary founder and chairman of Toronto-listed Ivanhoe Mines, a trailblazer in the mining and precious metals sector. Headquartered in Singapore, Friedland is celebrated for his knack for discovering lucrative mines in remote areas, exemplified by the success of Oyu Tolgoi in Mongolia.Friedland is a Reed College graduate who extends his impact through Ivanhoe Capital Corporation, investing in emerging markets.

His influence spans the mining industry and Australia-listed CleanTeQ Holdings, a key supplier of cobalt and nickel to lithium-ion battery producers. Friedland’s entrepreneurial journey includes the successful acquisition of Peregrine Diamonds, based in Canada, by the De Beers Group in September 2018, highlighting his prowess in business ventures. With a focus on emerging markets and sustainable resources, Robert Friedland continues to shape the mining industry positively, contributing to economic growth and environmental responsibility.

17. Choo Chong Ngen

Choo Chong Ngen, a former textiles entrepreneur turned hotel magnate, succeeded with his Hotel 81 budget chain, strategically launched in Geylang, Singapore’s red-light district. Overcoming initial challenges, he diversified his hotel portfolio, introducing five additional brands in the mid-tier market in 2009. Daughter Carolyn has managed the family’s hotel empire since 2002. Privately held, the hotel group boasts 38 establishments across Singapore.

Since 2017, Choo Chong Ngen has extended its footprint globally, with nine hotels managed by well-known brands like Travelodge and Holiday Inn in Australia, Japan, Malaysia, South Korea, and Thailand. In 2018 the group rebranded as Worldwide Hotels, signalling it’s expanding international presence. The positive trajectory continues with plans to open two more hotels in Singapore by 2023, reflecting Choo Chong Ngen’s dynamic approach to hospitality and strategic business expansion. His journey from textiles to hotel success underscores resilience and adaptability, contributing to the growth of his hotel empire and enhancing Singapore’s presence in the global hospitality market.

18. Forrest Li

Forrest Li, a Stanford graduate, is the founder and leader of Sea, a multifaceted company excelling in online gaming, e-commerce, e-payments, and financial services. Li’s entrepreneurial journey reached new heights when Sea was listed on the New York Stock Exchange in October 2017, propelling him into the ranks of Singapore’s wealthiest individuals. Backed by Tencent and supported by investors like General Atlantic and Kuok Khoon Hua, Sea has continued flourishing.

A significant milestone was achieved in the fourth quarter of 2022 when Sea reported its inaugural quarterly profit of $423 million, marking a remarkable achievement since its IPO five years prior. Under Forrest Li’s guidance, Sea has expanded its influence into digital banking services, making strides in Singapore, Indonesia, and the Philippines. Li’s positive impact is evident in Sea’s financial success and its diverse portfolio, affirming his role as a visionary leader driving innovation and growth in the tech and financial sectors.

19. Sam Goi

Sam Goi, the son of a Fujian farmer, has risen to prominence as the owner of Tee Yih Jia Food Manufacturing, a global leader in producing popiah skins for spring rolls. Despite dropping out of school to contribute to his father’s grocery store, Goi’s entrepreneurial spirit led him to success when he ventured into frozen foods, acquiring and revitalizing a struggling food unit.

Goi’s business acumen extends beyond the food industry, with real estate interests reflected in his stakes in listed firms GSH and KOP. Following a boardroom dispute in April 2021, he assumed the chairmanship of Singapore-based consumer goods firm Hanwell Industries, now known as PSC Corp. His positive influence isn’t limited to business; Sam Goi also serves as Singapore’s non-resident ambassador to Brazil, showcasing his commitment to diplomatic relations. From humble beginnings to international success, Goi’s journey exemplifies resilience, adaptability, and a positive impact on business and diplomatic fronts.

20. Arvind Tiku

Arvind Tiku, an Indian-born resident of Singapore, has made a mark in property and renewable energy through his privately held company, AT Holdings. His journey started when he left India at 18 to pursue mechanical engineering in Russia, eventually transitioning into commodities trading and later venturing into Kazakhstan’s oil and gas sector. Tiku’s diversified portfolio includes stakes in Prime US REIT and IREIT Global, both listed in Singapore and focused on commercial properties in the United States and Europe.

Beyond his investments, Tiku is actively involved in real estate development, with projects spanning residential and commercial properties in the Netherlands and northern India. With a background spanning continents and industries, Arvind Tiku exemplifies resilience and adaptability. His positive impact is evident in his business ventures and his commitment to sustainable energy and real estate development, contributing to growth and innovation in multiple sectors.

21. Ho Family

The Ho family, heirs to the late banker Ho Sim Guan, is prominent in Singapore’s business landscape. Inheriting shares in United Overseas Bank (UOB), the family’s influence extends beyond banking. Through their holding firm, Tai Tak Estates, the Ho family holds stakes in critical entities such as Carlsberg Brewery Malaysia, Heineken Malaysia, and Cordlife Group, showcasing their diverse investment portfolio. The family is also a significant player in the property sector, being owners of First Sponsor Group, a real estate firm with significant interests in China.

Notably, this venture is shared with the Kwek family’s Hong Leong Group, exemplifying collaborative success in the industry. The late Ho Sim Guan’s three-decade tenure on the UOB board until 2002 reflects a legacy of commitment and dedication to the financial sector. The positive impact of the Ho family’s ventures resonates not only in their diverse holdings but also in their enduring contributions to Singapore’s economic and business development.

22. Liang Xinjun

Liang Xinjun, the former vice chairman and CEO of Fosun International, has left an indelible mark on the global business landscape. Fosun International, a conglomerate with diverse investments spanning steelmaking, mining, tourism, and pharmaceuticals, reflects Liang’s strategic vision and leadership during his tenure. In 2017, citing health reasons, Liang Xinjun resigned from Fosun and wisely cashed out his stakes.

Today, he resides in Singapore, overseeing his family office, XIN Family, showcasing a continued commitment to financial management and investments. Liang’s legacy at Fosun is shared with fellow co-founder Guo Guangchang, and a positive transition marked his departure. Now based in Singapore, Liang Xinjun’s endeavours with XIN Family reflect resilience and adaptability, emphasizing his positive impact on the business world and the importance of continued contribution to global business and investment from his new home.

23. Peter Lim

Renowned former stockbroker Peter Lim has made significant strides in various industries, particularly healthcare, property, and sports, following his strategic exit from palm oil giant Wilmar over a decade ago. Focused on expanding his influence, Lim has successfully consolidated his healthcare businesses in Singapore and Malaysia through his Singapore-listed entity, Thomson Medical Group, where his son, Kiat, serves as Vice Chairman. In a groundbreaking move in 2022, Lim launched the world’s first professional football decentralized autonomous organization (DAO) called CO92 DAO, showcasing his innovative approach to sports management.

Demonstrating its commitment to healthcare expansion, Thomson Medical Group sealed a notable deal in July 2023, acquiring hospital operator Far East Medical Vietnam for $381 million. Peter Lim’s positive impact extends beyond healthcare and sports to education, as evidenced by his partnership with the prestigious British boarding school Wellington College. Together, they plan to establish international schools across Indonesia, Malaysia, and Singapore in the coming years, reflecting Lim’s dedication to fostering growth, innovation, and positive change in diverse sectors.

24. Oei Hong Leong

Oei Hong Leong, the son of late Indonesian billionaire Eka Tjipta Widjaja, is a prominent figure in Singapore, where he has been a longtime resident and citizen. His wealth is primarily in a substantial corporate bond portfolio and significant real estate assets, reflecting a diversified and robust financial portfolio. In July 2019, Oei won legally in a four-year battle against Canadian property firm Concord Pacific Group over his prime waterfront property in Vancouver.

Undeterred by challenges, he has plans for a mixed-use development on the property, showcasing his resilience and strategic vision in real estate ventures. In 2021, Oei Hong Leong made strategic decisions, including selling his entire stake in Raffles Education. This move, driven by differences with the founder, aligns with Oei’s commitment to navigating the business landscape with foresight and adaptability. Oei Hong Leong’s positive impact resonates in his ability to overcome challenges, make strategic decisions, and contribute to the vibrancy of the real estate and business sectors, reflecting a commitment to growth and success.

25. Gang Ye

Gang Ye, a co-founder of Sea along with fellow billionaire Forrest Li, has played a pivotal role in shaping the trajectory of the online gaming and e-commerce giant. Assuming the position of Group Chief Operating Officer in January 2017, Gang Ye transitioned from his previous role as Group Chief Technology Officer, showcasing his adaptability and leadership within the organisation. With substantial backing from Tencent holding a significant stake, Sea has garnered attention from notable investors such as private equity firm General Atlantic and Robert Kuok’s son, Kuok Khoon Hua.

Gang Ye’s strategic contributions have been instrumental in fostering Sea’s growth and success in the competitive realms of online gaming and e-commerce. The positive sentiment surrounding Gang Ye’s role at Sea reflects his dynamic leadership, contributing to the company’s prosperity and solidifying its position as a critical player in the industry. With strong partnerships and strategic support, Sea continues to make significant strides in the ever-evolving digital commerce and gaming landscape under Gang Ye’s leadership.

26. Ong Beng Seng & Christina Ong

Ong Beng Seng and his wife, Christina Ong, form one of Singapore’s most influential and dynamic couples. Ong Beng Seng serves as the Managing Director of Hotel Properties, a Singapore-listed company with an impressive portfolio that includes the iconic Four Seasons in Singapore. He also holds the Singapore Formula One Grand Prix franchise, contributing to the nation’s vibrant sports and hospitality scene. Christina Ong, a powerhouse in her own right, oversees Como Hotels & Resorts, the renowned Club 21 retail empire, and the London-listed luxury handbag brand Mulberry.

Together, they orchestrate a diverse business empire that spans hospitality, retail, and fashion.In a significant business move 2022, Hotel Properties, in collaboration with units of Singapore’s state-owned investment firm Temasek, acquired the real estate assets of media giant Singapore Press Holdings for $2.8 billion, underscoring the couple’s strategic prowess in the business world. While Ong Beng Seng was involved in a graft investigation in July 2023, he has not been charged, emphasizing the importance of transparency in the business environment. The couple’s positive impact on Singapore’s business landscape remains evident, and their influence continues to shape the nation’s dynamic economic and cultural spheres.

27. Asok Kumar Hiranandani

Ashok Kumar Hiranandani, the co-founder of the Royal Brothers property group, is a crucial figure in Singapore’s real estate landscape. Following his amicable separation from his older brother, Raj Kumar, in 2011, Hiranandani has made significant strides in the property business. Under the banner of Royal Group Investments, led by his son Bobby, Hiranandani owns the prestigious 215-room Sofitel Singapore Sentosa Resort. His visionary pursuits extend to establishing Singapore’s second Raffles hotel in Sentosa, comprising 62 villas, contributing to the city’s luxury hospitality offerings.

In a remarkable feat in 2022, Hiranandani achieved a record sale of his 134-room SO/Singapore hotel in the central business district for S$240 million. Undeterred, he reinvested a record-breaking S$172 million in acquiring the Ming Arcade near Orchard Road, showcasing his strategic approach and commitment to the growth of Singapore’s real estate sector. Ashok Kumar Hiranandani’s positive impact on the real estate market is evident, emphasizing innovation, record-breaking transactions, and a dedication to enhancing Singapore’s urban and hospitality landscapes.

28. Koh Wee Meng

Renowned hotelier and property magnate Koh Wee Meng commands Fragrance Group, an enterprise with a broad reach encompassing Australia and the U.K. In a strategic move, he privatised the company from the Singapore Stock Exchange in October 2021, showcasing his commitment to its growth and development. Born into a family with a jeweller and schoolteacher, Koh Wee Meng diverged from the family’s jewellery business, Aspial, venturing into the property sector in the 1990s.

His entrepreneurial spirit led Fragrance Group to prominence, earning him the “Geylang King” moniker for the company’s origins in Singapore’s red-light district. Koh’s positive influence extends to family dynamics, with his younger sibling, Koh Wee Seng, managing Aspial and pursuing his property ventures. Koh Wee Meng’s majority stake in Global Dragon, formerly TMC Education, underscores his diverse interests, with a recent offer to privatise the company in 2023. Koh Wee Meng’s journey is a testament to entrepreneurial success, strategic vision, and a positive impact on the business landscape and family enterprises. His dedication to expansion and innovation continues to shape Fragrance Group and beyond.

29. Ron Sim

Renowned as the founder of OSIM International, Ron Sim has left an indelible mark in the world of wellness with his high-end massage chairs. Sim took OSIM private in 2016 during market challenges, demonstrating his strategic insight and showcasing his commitment to the company’s long-term vision. Sim’s entrepreneurial ventures extend to V3 Brands Asia, a significant component of his V3 Group, which filed for an IPO in Hong Kong in February 2022. Despite market volatility, Sim’s diverse business interests highlight his resilience and forward-thinking investment approach.

In 2019, Sim expanded his portfolio with the launch of Bacha Coffee, a 110-year-old Moroccan cafe chain, in Singapore, reflecting his commitment to introducing unique and culturally rich experiences to the market. Beyond his ventures in wellness and hospitality, Sim’s ownership of a sizable property portfolio, including a stake in Perennial Holdings, adds to the multifaceted nature of his business endeavours. Ron Sim’s positive influence is evident in his ability to navigate challenges, diversify his investments, and contribute to enriching consumer experiences. His journey is characterised by innovation, adaptability, and a forward-looking approach that continues to shape the landscape of his diverse business ventures.

30. Tay family

The Tay family, synonymous with the midmarket OG department stores, has been a fixture in Singapore’s retail landscape since the first OG store in Chinatown in 1971 by the late patriarch Tay Tee Peng. Their legacy extends beyond retail, encompassing extensive real estate holdings in Singapore and Australia through their privately held entity, Memocorp. Known for their positive contributions to the retail sector, the Tay family has provided significant midmarket shopping experiences. 

While their flagship department store on Orchard Road closed in 2022 after 18 years of operation, the family’s enduring impact on Singapore’s retail scene remains evident. The Tays’ commitment to retail and real estate showcases a multi-faceted approach to business, emphasizing adaptability and resilience. The positive sentiment surrounding the family reflects their enduring legacy and contributions to Singapore’s commercial and real estate sectors.

31. Binny Bansal

Binny Bansal, the former Amazon executive, joined forces with his friend Sachin Bansal in 2007 to embark on a transformative journey, founding Flipkart as an online bookseller. With a humble beginning fueled by a combined savings of $6,000, they operated from their apartment, setting the stage for a pioneering venture in India’s e-commerce landscape. In a landmark deal in 2018, Walmart acquired a 77% stake in Flipkart for a staggering $16 billion, marking a significant milestone and reinforcing Flipkart’s stature in the global market.

Binny Bansal’s strategic vision played a pivotal role in this monumental achievement. In July 2023, Bansal further contributed to Flipkart’s success by selling his remaining 1.8% stake to Walmart, reportedly valuing Flipkart at an impressive $35 billion. Beyond his e-commerce ventures, Bansal continues to foster innovation and growth as an anchor investor in venture firm 021 Capital, focusing on transformative investments in biotechnology, agritech, and the internet. Binny Bansal’s positive impact resonates not only in the success of Flipkart but also in his commitment to shaping the future of technology and entrepreneurship in India.

32. Tang Wee Kit

Tang Wee Kit stands at the helm of Tang Holdings, a distinguished private investment and property firm renowned for owning prominent assets like the Singapore Marriott Tang Plaza Hotel, Tang’s department store, and the Gianurn Building on River Valley Road. Under his leadership, Tang Holdings has become synonymous with excellence in the hospitality and retail sectors. The prestigious portfolio includes the iconic Tangs, Singapore’s oldest department store, a cornerstone of the nation’s retail landscape.

Tang’s commitment to quality is further reflected in his eldest son, Sean, who assumes the role of CEO, ensuring continuity and innovation within the family-led enterprise. Notably, older brother Tang Wee Sung, who formerly served as chairman of C.K. Tang, stepped down in 2016, underscoring the family’s ability to navigate generational transitions while maintaining a positive trajectory. Tang Wee Kit’s influence extends beyond business success, embodying a commitment to excellence and positively impacting Singapore’s vibrant property and retail sectors.

33. Chew Gek Khim

At the helm of Straits Trading, Chew Gek Khim is a distinguished leader, steering the company with diverse interests in real estate, hospitality, and tin smelting. Taking control in 2008 after a competitive bidding war with the Lee family, Chew has since exemplified a dynamic and forward-thinking approach to business. Under Chew’s astute leadership, Straits Trading has undergone a remarkable transformation. From its colonial-era origins as a tin smelter, the company has evolved into a modern enterprise with robust cash flow.

Chew’s strategic vision and commitment to innovation have played a pivotal role in reshaping the company’s trajectory. Beyond the boardroom, Chew Gek Khim’s positive influence extends to the broader business landscape, exemplifying resilience and adaptability. Her stewardship of Straits Trading reflects a commitment to business excellence and a dedication to fostering growth and modernization a commitment to business excellence and Khim stands as a beacon of leadership, driving positive change and innovation within her sphere of influence.

34. Lim Hock Chee

Lim Hock Chee, born into humble beginnings as the son of a hog farmer, embarked on a remarkable journey that culminated in establishing the Sheng Siong Group. In 1985, he initiated this journey by setting up a small stall selling pork. This modest start would eventually lead to the family’s majority ownership of Singapore’s third-largest supermarket chain. Today, Lim Hock Chee is Sheng Siong’s CEO, steering the company’s growth and contributing to its success. 

Within the Sheng Siong Group, the Lim family’s collective efforts are evident, with Lim Hock Eng serving as the executive chairman and Lim Hock Leng holding the position of managing director. Under Lim’s leadership, Sheng Siong Group has evolved into a prominent retail player, operating a network of 68 stores across Singapore and an additional four in China. The supermarket chain’s diverse offerings, spanning seafood, vegetables, and frozen foods, underscore Lim Hock Chee’s commitment to meeting the community’s diverse needs. Lim’s journey exemplifies resilience, hard work, and a positive impact on the retail landscape in Singapore.

35. Wong brothers

Brothers Charles, Keith, and Kelvin, the visionary minds behind Charles & Keith, have etched their names in the tapestry of Singapore’s fashion landscape. Renowned for their chic women’s footwear and accessories, the siblings have crafted a homegrown label that has become a global phenomenon. In 1996, the trio embarked on their entrepreneurial journey, opening the first Charles & Keith store at the Amara Shopping Centre in Singapore.

Since then, their brand has transcended borders, boasting a presence in over 35 markets with a remarkable 700 stores worldwide. The Wong brothers have successfully curated a global footprint from China and Japan to Korea and the Middle East. Notably, in 2011, the private equity arm of luxury giant LVMH secured a 20% stake in Charles & Keith. Demonstrating their business acumen, the brothers repurchased the stake, reinforcing their commitment to independently steering the brand’s destiny. The Wong brothers’ success story is not just one of fashion but also a testament to their resilience, innovation, and global impact.

36. Min-Liang Tan

Min-Liang Tan, a visionary entrepreneur, pivoted from a legal career in Singapore to carve out a remarkable niche in the gaming industry. In 2005, he founded Razer, a gaming devices company that quickly garnered a massive global following. Backed by early investors such as IDG-Accel, Temasek Holdings, Intel, and Li Ka-shing’s Horizon Ventures, Razer became synonymous with cutting-edge gaming laptops, mice, fitness bands, and tablets, selling millions worldwide.

Tan’s strategic vision propelled Razer to new heights, leading to the company’s listing on the Hong Kong stock exchange in November 2017, where it raised an impressive $529 million. Expanding its Asian footprint, Razer acquired Malaysian virtual currency firm MOL Global and formed strategic partnerships with industry giants like SingTel, Lazada, and China’s In a significant move in May 2022, Tan, alongside founding investor Lim Kaling, orchestrated the privatization of Razer in a deal valuing the company at $3.2 billion. This successful journey underscores Tan’s entrepreneurial prowess, transforming a passion for gaming into a global phenomenon.

37. Chua Thian Poh

Chua Thian Poh, a self-made entrepreneur with a remarkable journey, started his career crafting hooks and spikes for the logging industry despite having dropped out of high school. Over the years, his entrepreneurial spirit led him to found Ho Bee Land, a prestigious luxury property development firm renowned for its high-end condominiums in Sentosa. Under Chua’s leadership, Ho Bee Land has expanded its footprint globally with a diversified portfolio that includes commercial properties in prominent locations such as London and Munich.

The company acquired the Scalpel office tower in London’s financial district for $961 million in March 2022, showcasing its commitment to strategic investments. Beyond luxury real estate, Ho Bee Land has ventured into suburban Australia, acquiring five sites since 2020 with plans to develop master-planned residential communities. Chua Thian Poh’s journey from humble beginnings to international real estate success is a testament to his resilience, vision, and commitment to excellence.

38. Peter Fu Chong Cheng

Peter Fu Chong Cheng serves as the leader of Kuo International, a company initially established by his late father, Peter Fu Yun Siak, focusing on timber and wax trading. Over the years, Kuo International has diversified its interests, now encompassing oil trading and real estate. Notably, Peter Fu Chong Cheng is the sibling of Christina Ong, who, along with her husband Ong Beng Seng, operates independently in the business realm. The Fu and Ong families were entangled in a prolonged family dispute, a complex situation that eventually found resolution through an out-of-court settlement.

Peter Fu Chong Cheng’s leadership at Kuo International reflects a commitment to steering the company toward success and diversification, building upon the legacy established by his father. Despite past family challenges, the positive outcome of the settlement underscores a commitment to moving forward and maintaining a positive trajectory in their respective business endeavours.

39. Yao Hsiao Tung

Yao Hsiao Tung, a former DuPont executive, embarked on a remarkable journey when he acquired Hi-P International in 1983, initially a tiny tool maker. Under his leadership, Hi-P has evolved into one of Singapore’s premier contract manufacturers, specializing in smartphones, tablet computers, and consumer electronics, counting tech giant Apple among its clientele. In a strategic move in 2017, Yao Hsiao Tung acquired the stake of his longtime partner, Molex, previously owned by billionaire Charles Koch.

Subsequently, in April 2021, he decided to delist Hi-P International, valuing the company at $1.2 billion. This move aimed to provide greater flexibility in managing the business and navigating the dynamic electronics manufacturing landscape. Hi-P’s impressive financial performance in 2022, with a net profit of S$135 million on revenue of S$2.2 billion, reflects Yao Hsiao Tung’s adept leadership and sustained success in the competitive industry. Overall, his transformative impact on Hi-P International underscores a positive trajectory in contract manufacturing.

40. Zhong Sheng Jian

Zhong Sheng Jian, the chairman of Yanlord Land, stands at the helm of one of China’s preeminent non-government-owned real estate developers, listed on the Singapore Stock Exchange. A native of mainland China, Zhong Sheng Jian relocated to Singapore in 1988, bringing him a wealth of experience and a vision for Yanlord’s success. Under Zhong Sheng Jian’s leadership, Yanlord Land has forged strong partnerships with key players in China’s real estate landscape, including Ping An Insurance, China Merchants Property Development, and Poly Real Estate Group.

These collaborations have undoubtedly contributed to the company’s growth and prominence. The involvement of Zhong Sheng Jian’s family in Yanlord Land is noteworthy. His son, Zhong Ming, holds the position of executive deputy chairman, showcasing a familial dedication to the company’s success. Additionally, the contributions of his younger son, Zhong Lek Ka, and nephew, Zhong Simin, who both serve on the board, further underline the family’s commitment to Yanlord’s continued prosperity. Overall, Zhong Sheng Jian’s leadership has been pivotal in shaping Yanlord Land’s positive trajectory within the real estate sector.

41. Muhammed Aziz Khan

Muhammed Aziz Khan, a prominent figure from Bangladesh and now residing in Singapore, serves as the Chairman of Summit Group, a diversified conglomerate with a robust presence in various sectors. Summit Group’s portfolio spans power, ports, fiber optics, and real estate, contributing significantly to Bangladesh’s economic landscape. In a notable move in 2019, Khan demonstrated strategic acumen by selling a 22% stake in Summit Power International to Japan’s JERA for an impressive $330 million.

This strategic partnership showcased the international appeal of Summit Power International and valued the company at a substantial $1.5 billion, affirming Khan’s adept leadership. Continuing the legacy, Khan’s daughter, Ayesha, is pivotal in steering Summit Power International towards continued success. Muhammed Aziz Khan’s visionary leadership and impactful business decisions underscore his positive influence on Summit Group, fostering growth and innovation within the conglomerate and contributing to the broader economic landscape of Bangladesh.

42. John Lim

John Lim is a distinguished figure in the financial realm, co-founding ARA Asset Management in 2002 at 45. Backed by Li Ka-Shing, a renowned business magnate, Lim played a pivotal role in establishing ARA as a notable player in the asset management arena. In a testament to his strategic prowess, Lim orchestrated the successful $1.3 billion privatization of ARA in 2016, collaborating with entities like Warburg Pincus and China’s AVIC Trust.

The move showcased not only his leadership understanding but also the trust placed in him by influential partners. Building on this legacy, ESR Group, based in Hong Kong, completed the acquisition of ARA Asset Management in 2022, marking a significant milestone valued at $5.2 billion in stock and cash. Today, John Lim continues to contribute to the financial landscape, chairing his JL Family Office and maintaining a positive trajectory in asset management.

43. Michael Kum

Michael Kum is a prominent figure in the hospitality industry, overseeing a thriving empire of 20 hotels across Asia and Europe through his privately held venture, M&L Hospitality. With a keen business acumen, Kum has strategically positioned his hotels to include renowned brands such as Hilton and Hyatt. Adding a familial touch to his business, Kum collaborates with his eldest daughter, Jocelyn, to steer the success of the hotel group. This dynamic partnership reflects business savvy and a commitment to family values.

Born to street hawkers, Kum transitioned into the hotel sector in 2009, leveraging his expertise after selling his offshore barges business to Macquarie Group. Alongside his hospitality ventures, Kum holds a majority stake in Atlantic Navigation, a notable shipping firm based in Singapore. His diverse portfolio comprises nine hotels across Asia and an additional 11 in Europe, showcasing his dedication to providing exceptional experiences to travellers globally. Michael Kum’s journey exemplifies resilience, entrepreneurship, and a positive impact on the hospitality landscape.

44. Loo Choon Yong

Loo Choon Yong is a pioneering figure in the healthcare industry, having co-founded Raffles Medical Group in 1976 with two clinics in Singapore. Over the years, his visionary leadership has propelled the company’s growth, and today it boasts a network of more than 100 clinics across Asia. However, the crown jewel of Raffles Medical Group is undoubtedly the Raffles Hospital in Singapore, which has earned renown for its commitment to providing high-quality healthcare services. Loo Choon Yong’s dedication to excellence has made Raffles Hospital a trusted name in the medical landscape.

Demonstrating a commitment to global expansion, Raffles Medical Group has successfully extended its footprint into China, establishing hospitals in key cities such as Chongqing, Beijing, and Shanghai. The Shanghai Hospital, inaugurated in July 2021, represents a significant milestone in the company’s international ventures. To further fortify its position in the Chinese healthcare market, Raffles Medical Group announced a strategic partnership in April 2021 with the investment arm of China Life Insurance, showcasing Loo Choon Yong’s strategic foresight and commitment to advancing healthcare on a global scale.

45. Lim Chap Huat

Lim Chap Huat’s remarkable journey from the son of a rickshaw driver to the founder of Soilbuild Group exemplifies the spirit of entrepreneurial success. At the young age of 22, he established a modest construction venture with two partners in 1976. Over the years, Lim’s astute leadership expanded Soilbuild beyond construction, venturing into property development and Real Estate Investment Trusts (REITs). Lim bought out his initial partners and steered Soilbuild towards greater heights as a testament to his business acumen.

The group’s international footprint extends into Myanmar since 2012, where it has secured multiple contracts, and Vietnam since 2017. Lim Chap Huat’s commitment to family involvement is evident as his wife, Leo Jee Lin, and sons, Lim Han Feng and Lim Han Qin, actively contribute to the success of Soilbuild. In a strategic move reflecting their dynamic approach, Lim and Blackstone Real Estate joined forces in April 2021 to privatize Soilbuild Business Space REIT, showcasing their commitment to resilience and growth in the real estate sector.

46. Saurabh Mittal

Saurabh Mittal’s journey from an engineer at the prestigious Indian Institute of Technology to a Harvard Business School graduate showcases his commitment to excellence. Co-founding the Indian real estate and financial services group Indiabulls in 1999, Mittal played a pivotal role in shaping the company’s success. In 2014, Mittal demonstrated his strategic acumen by divesting a significant portion of his Indiabulls shares and relocating to Singapore.

Embracing new opportunities, he founded the private investment firm Mission Holdings, which holds stakes in diverse ventures. Mission Holdings is associated with ONE Championship, a prominent mixed martial arts firm. Mittal’s involvement in ventures like ONE Championship underscores his ability to identify and invest in dynamic and impactful industries. As a well-educated entrepreneur with a global perspective, Saurabh Mittal continues to contribute positively to the business landscape.

47. David Xueling Li

David Xueling Li, the accomplished chairman and co-founder of JOYY, has played a vital role in steering the company to success. As a Nasdaq-listed live streaming and social media platform headquartered in Singapore, JOYY is a testament to Li’s visionary leadership. Before his endeavours with JOYY, Li served as the chief editor at, a prominent Chinese portal, showcasing his expertise in the digital domain. An entrepreneur at heart, Li founded, a groundbreaking copyright trading platform that catered to journalists and amateur photographers.

Li’s educational background is anchored in philosophy, having earned his undergraduate degree from Renmin University of China in 1997. His commitment to innovation and transformative technologies has undoubtedly positively impacted the evolving landscape of live streaming and social media. David Xueling Li’s journey exemplifies his dedication to driving positive change in the digital realm.

48. Lim Kaling

Lim Kaling, a noteworthy figure in the business landscape, is an early investor and non-executive director at Razer, a renowned gaming hardware manufacturer established in 2005. Under his guidance, Razer has garnered a massive global following, achieving remarkable success in selling millions of gaming laptops, mice, fitness bands, and tablets. The company’s significant milestone came in 2017 when it went public in Hong Kong, raising an impressive $529 million. Lim’s strategic insights and contributions have played a pivotal role in Razer’s journey to becoming a household name in the gaming industry.

In a move that reflected their confidence in the company’s potential, Lim Kaling, alongside Razer’s co-founder Min-Liang Tan, orchestrated the company’s transition to private ownership in May 2022. This strategic decision valued Razer at an impressive $3.2 billion, showcasing its commitment to sustaining and enhancing its success. Beyond his involvement with Razer, Lim manages the Lim Teck Lee group, a distinguished family business encompassing real estate, manufacturing, and trading interests. Lim Kaling’s multifaceted contributions have undoubtedly left a positive imprint on Razer and the broader business community.

49. Gordon & Celine Tang

Gordon Tang and his wife Celine command a controlling stake in SingHaiyi, a prominent property developer listed in Singapore. In a testament to their commitment and vision, the dynamic couple orchestrated a successful privatization of SingHaiyi in January 2022, culminating in a substantial $350 million deal. At the heart of their diversified portfolio is a significant stake in Suntec REIT, a Singapore-listed entity known for its holdings in prime commercial properties within the country’s bustling financial district. The Tangs’ strategic investments include interests in OKH Global and OUE Commercial, showcasing their astuteness in navigating the real estate landscape.

Previously chaired by Neil Bush, brother of former President George W. Bush, SingHaiyi has thrived under Gordon Tang’s direction, with him serving as a non-executive director. Tang’s decision to step down as managing director reflects a strategic shift, allowing him to focus on developing townships in Shantou, China, underscoring their commitment to international growth. Further underscoring their influence, the Tangs executed the privatisation of Chip Eng Seng in 2023, emphasising their strategic foresight. This transformative move valued the construction and property firm at an impressive $440 million, highlighting the couple’s positive impact on the companies under their purview.

50. Laurent Junique

Laurent Junique, the visionary CEO and founder of TDCX, a prominent call centre and business process outsourcing firm headquartered in Singapore, has carved a remarkable path in the industry. Founded in 1995 when Junique was just 29, TDCX has flourished under his leadership, becoming a key player in the global business landscape. In a testament to its success, TDCX achieved a significant milestone by going public on the New York Stock Exchange in October 2021, showcasing Junique’s strategic acumen. Junique retains an 84% ownership stake in the company, reflecting his unwavering commitment to its continued growth and success.

Hailing from France, Junique’s journey began with a valuable two-year experience at consumer goods giant Unilever. Since its inception, TDCX has evolved into a powerhouse in the outsourcing sector, with notable clients such as Facebook and Airbnb, underscoring Junique’s ability to foster critical partnerships with industry leaders. Laurent Junique’s positive influence and entrepreneurial spirit have propelled TDCX to new heights, establishing it as a global player in outsourcing.

The Richest Man in Singapore

Business magnate Robert Ng Chee Siong holds the title of the wealthiest man in Singapore. As the chairman of Far East Organization, one of Asia’s largest real estate groups, Ng oversees a diversified portfolio that includes residential, commercial, and hospitality properties. Known for his astute business acumen, Robert Ng has played a pivotal role in the success and growth of Far East Organization, contributing significantly to Singapore’s real estate landscape.

The company, founded by his father, Ng Teng Fong, has become synonymous with quality development and has played a vital role in shaping Singapore’s urban environment. Beyond real estate, Robert Ng is recognised for his philanthropic endeavours, contributing to various charitable causes and community development projects. His positive impact extends beyond the business realm, reflecting a commitment to social responsibility. As the wealthiest individual in Singapore, Robert Ng’s legacy is marked by his leadership, vision, and dedication to business excellence and community welfare. His achievements continue to inspire the business community and contribute to the prosperity of Singapore.

The Youngest Richest Man in Singapore

Forrest Li, a Stanford graduate, is celebrated as the youngest richest man in Singapore. At the helm of Sea Group, he founded this online gaming and e-commerce giant, transforming it into a global powerhouse. Backed by Tencent and other notable investors, Sea made history by becoming profitable five years after its IPO. Li’s entrepreneurial journey has been marked by remarkable achievements, including Sea’s New York Stock Exchange listing in 2017. In the fourth quarter of 2022, Sea reported its first-ever quarterly profit of $423 million, a testament to Li’s strategic leadership.

Beyond gaming, Sea has diversified into digital banking services, benefiting users in Singapore, Indonesia, and the Philippines. Forrest Li’s success extends beyond business. His positive impact resonates through philanthropic efforts and community engagement. As the youngest billionaire in Singapore, Li serves as an inspiring figure, showcasing the possibilities when innovation, determination, and a positive mindset converge.

The Richest Indian in Singapore

Arvind Tiku, an Indian-born resident of Singapore, stands as one of the prominent figures among successful entrepreneurs. With diverse interests in property and renewable energy, Tiku has built an impressive portfolio through his privately held company, AT Holdings. Tiku’s journey began when he left India at the age of 18 to pursue mechanical engineering in Russia.

After working as a commodities trader and venturing into oil and gas in Kazakhstan, he strategically invested in various sectors. His stakes in Prime US REIT and IREIT Global, both listed in Singapore, exemplify his presence in the global commercial real estate market. Beyond investments, Tiku actively participates in the development of residential and commercial real estate in the Netherlands and North India. His positive contributions to the real estate and renewable energy sectors depict him as a forward-thinking entrepreneur, bringing prosperity and innovation to both Singapore and the broader global landscape.

The Richest Lady in Singapore

Chew Gek Khim stands as one of Singapore’s most accomplished businesswomen, holding the title of the richest lady in the country. As the chairperson of Straits Trading, her influence extends across diverse sectors, including real estate, hospitality, and tin smelting. Chew, a visionary leader, took control of Straits Trading in 2008 after a competitive bidding war with the Lee family. Under her guidance, the company underwent a remarkable transformation, evolving the traditional colonial-era tin smelter into a modern and financially robust entity.

Her strategic leadership and commitment to innovation have not only elevated Straits Trading but also contributed significantly to Singapore’s business landscape. Chew Gek Khim’s achievements inspire aspiring entrepreneurs, emphasizing the impactful role women play in shaping and driving success in the business world. Her legacy reflects a positive narrative of empowerment, resilience, and progressive leadership in Singapore’s rich and diverse entrepreneurial tapestry.


The Richest Man in Singapore is a beacon of success and inspiration, showcasing that wealth can be achieved irrespective of academic qualifications. With a humble beginning, this individual’s journey underscores the values of hard work, determination, and an innovative mindset. Beyond financial accomplishments, their commitment to philanthropy exemplifies a heartwarming dedication to improving society.

This story resonates as a tale of prosperity and a testament to the transformative power of resilience and benevolence. As a prominent figure in the nation, the Richest Man in Singapore symbolizes the potential for success in the face of challenges and the importance of giving back to the community.

Frequently Asked Questions About Richest Man in Singapore (FAQ’s)

How many billionaires are there in Singapore?

There are around 30 billionaires in Singapore.

Who’s the richest family in Singapore?

The richest family in Singapore is the Lee family.

Why is Singapore the richest?

Singapore is rich due to a strong economy, strategic location, efficient governance, and a focus on education and innovation.

What rank is Singapore in richest?

Singapore ranks among the top countries globally in wealth, often within the top 10.

Who is the 2nd richest man in Singapore?

The second richest man in Singapore is Richard Chandler.

Where do the rich stay in Singapore?

The rich in Singapore often stay in prestigious areas like Orchard Road, Sentosa, and Holland Village.

Is Singapore richer than Thailand?

Yes, Singapore is generally considered to be richer than Thailand.

Are there any Trillionaires in Singapore?

No, there are no trillionaires in Singapore. The wealthiest individuals are billionaires.

Who is the 1st richest person in Singapore?

The first richest person in Singapore is often someone from the Lee family, like Robert and Philip Lee.

Is Singapore the richest city in the world?

Singapore is one of the wealthiest cities globally but may not be the richest.

Is Singapore richer than Japan?

No, Japan is generally considered to be richer than Singapore.

Is Singapore richer than Korea?

Singapore is often considered richer than South Korea, but the comparison may vary based on specific factors.

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