Tuesday, November 26, 2024

Who are the 10 richest people in Singapore? Net worth ranking – from Tesla’s Elon Musk fan Leo Koguan to Haidilao co-founder Zhang Yong to Mark Zuckerberg’s former face One of my book colleagues

Must read


10. Key Brothers

Total net worth: USD 6.3 billion

Kwee Lion Teck of the Kwee brothers, owners of Singapore’s Pontiac Land Group.Photo: Handout

Four of Singapore’s 10 richest people, including the Kwee brothers, made their fortunes through real estate. Kwee Lion Keng, Kwee Lion Teck, Kwee Lion Sheen, and Kwee Lyon Finn, who have a net worth of US$6.3 billion, own Pontiac Land and the Capella Hotel they acquired.・Owns and operates a large number of luxury hotels, including chains. 2017. The brothers are also reportedly avid art collectors.

8 Richest Comedians in 2024 – Net Worth Rankings from Ellen to Jerry

9. Leo Coguan

Net worth: USD 6.5 billion

Leo Coguan’s wealth is currently mostly in Tesla stocks. He is widely known to be a fan of Elon Musk. Photo: @isr_sg/Twitter
The person who is $200 million richer is tech tycoon Leo Coguan, who has a net worth of $6.5 billion. He runs his Shi International with his ex-wife and company CEO Ty Lee. This his IT provider is worth his $14 billion. But his real claim to fame and fortune comes from his accolades. To Tesla founder Elon Musk – Mr. Koguan is said to be the world’s largest Tesla stock investor.

8. Wee Cho Yo

Net worth: USD 7.1 billion

Wee Kyaw Yoo, Chairman Emeritus and former Chief Executive Officer of United Overseas Bank;Photo: Naashon Zarc

Mr Wee Kyaw Yeo from the finance and investment department has US$7.1 billion in his bank account. He is the former CEO and current chairman emeritus of United Overseas Bank (formerly United Chinese Bank), which was co-founded by his father Wee Kian Cheng in 1935. UOB is currently his third largest bank in Singapore.

7. Koo family

Total net worth: 8.5 billion USD

Standard Chartered Bank investor Khoo Teck Puat left behind a legacy on which the Khoo family now builds its wealth.Photo: Reuters

The Khoo family built their wealth on the foundation laid by Standard Chartered banker and banker Khoo Teck Puat, who now owns a stake in the Goodwood Group of Hotels. The family’s matriarch, Mavis Koo Oei, is the hotel group’s chairman. However, the family derived most of their US$8.5 billion fortune (US$4 billion to be exact) from the sale of their stake in Standard Chartered Bank in 2006. The Khoo family is also deeply involved in philanthropy, establishing Khoo Teck Puat Hospital in 2010.

8 Richest Tennis Stars of 2023 Revealed – Rafa, Novak, Federer or Serena?

6. Zhang Yong and Shuping

Total net worth: USD 9.7 billion

Haidilao co-founder Zhang Yong and his wife opened the first branch of the hot pot restaurant in Sichuan province in 1994. Photo: @gamedefiner/Instagram

The husband-and-wife duo, who share a fortune of US$9.7 billion, are from China and are the masterminds behind the famous spicy Sichuan hot pot chain Haidila. The company has around 1,500 locations in China, North America and other parts of Asia, and went public in Hong Kong in 2022.

5. Kweku Lembeng and his family

Total net worth: 11 billion USD

Mr Kwek Leng Beng is the Executive Chairman of City Developments, Singapore’s second largest property developer. Photo: @millennium/Instagram

The Kweku family, another family that has made billions in real estate, runs the Hong Leong Group. Kwek Leng Beng is the executive chairman of global real estate conglomerate City Developments. Thanks to stakes in these famous real estate businesses, the family’s net worth is his $11 billion USD.

4. Goh Cheng Liang

Net worth: USD 12.3 billion

Mr Goh Cheng Liang owns a majority stake in Nippon Paint Holdings, making him the fourth richest person in Singapore.Photo: Sohu

Goh Cheng Liang shows that dedication and a proven formula are one surefire way to success. Goh has expanded from a small paint factory to a partnership with Nippon Paint Holdings, the world’s fourth largest paint manufacturer. His majority stake in the Japanese company brings his net worth to US$12.3 billion.

Richest Cast Members of Beverly Hills, 90210 – Net Worth, Ranked

3. Lee Shitin

Net worth: USD 14 billion

Mr. Li Xiting. Photo: X

As the saying goes, health may be priceless, but success in the healthcare business certainly comes with a price tag (US$14 billion to be exact). Li Xiting’s wealth comes from Mindray Bio-Medical Electronics, headquartered in Shenzhen. The company’s products range from ultrasound machines and defibrillators to veterinary medical systems.

2. Robert Ng and Philip Ng

Total net worth: 14.8 billion USD

Sino Land chairman Robert Ng (pictured) and his brother are two of Singapore’s richest people.Photo: SCMP archive

The real estate giants ranked at the top of this rich list are brothers who control the city state’s largest private real estate development company. Robert Ng and Philip Ng headed the Far East organization founded by their father Ng Teng Fung, who also built the family’s Hong Kong faction, trading as Sinoland on the Hong Kong Stock Exchange. Together, the brothers own US$14.8 billion. .

1. Eduardo Saverin

Net worth: USD 16 billion

Eduardo Saverin co-founded Facebook with Mark Zuckerberg and is Singapore’s richest person.Photo: Wire Image
Singapore’s richest man, with a net worth of $16 billion, moved to the city-state in 2009 and renounced his American citizenship in 2012. If the name Eduardo Saverin sounds familiar, it’s because he was a schoolmate of his who started Facebook. Co-founder Mark Zuckerberg. Although he still owns a stake in what has now been renamed Meta Platforms, the Brazilian native is now primarily focused on B Capital, the venture capital fund he co-founded in 2016.



Source link

More articles

20 COMMENTS

  1. Do you mind if I quote a couple of your posts as long as I provide credit and sources back to your website?
    My blog site is in the very same area of interest as
    yours and my visitors would certainly benefit from some
    of the information you present here. Please let me know if this alright with you.
    Regards!

  2. Wonderful items from you, man. I have bear
    in mind your stuff prior to and you’re simply too
    fantastic. I really like what you have got right here, really like what you are saying and the best way by which you are saying
    it. You’re making it entertaining and you continue to take
    care of to keep it smart. I cant wait to read much more from you.

    This is actually a tremendous website.

  3. I do not know if it’s just me or if everybody else experiencing issues with your site.
    It looks like some of the text on your content are running off the screen. Can someone else please comment and let me know if this is happening to them as well?

    This might be a problem with my browser because I’ve had this happen previously.
    Kudos

  4. Hello! Quick question that’s completely off topic.
    Do you know how to make your site mobile friendly?
    My web site looks weird when browsing from
    my apple iphone. I’m trying to find a template or plugin that might
    be able to correct this issue. If you have any recommendations, please share.
    Many thanks!

  5. Today, I went to the beach with my kids. I found a sea shell and gave it to my 4 year old daughter
    and said “You can hear the ocean if you put this to your ear.” She
    put the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear.

    She never wants to go back! LoL I know this is completely
    off topic but I had to tell someone!

  6. Thank you, I have recently been searching for information about this topic for ages and yours is the best I have came upon till now.
    But, what in regards to the bottom line? Are you sure in regards to
    the supply?

  7. Somebody essentially lend a hand to make critically posts I’d state.
    This is the first time I frequented your web page and up to now?
    I amazed with the research you made to make this actual put up extraordinary.
    Magnificent job!

  8. I am extremely inspired with your writing skills and
    also with the structure to your blog. Is that this a paid topic
    or did you customize it yourself? Anyway keep up the excellent quality writing, it’s
    rare to see a nice blog like this one today..

  9. Does your website have a contact page? I’m having problems locating it but, I’d
    like to send you an e-mail. I’ve got some creative ideas for your blog you might be interested
    in hearing. Either way, great website and I look forward to seeing it expand over time.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article