Private Banking

Covering capital markets, investments & private wealth in Asia. Who are the next billionaires? When is the next IPO? Which are the fastest growing cities? Which company is going bankrupt?

Join 14,000+ leading financial professionals, investment managers, professional investors and CEOs. Get the latest data, information, research and many more

2017 Singapore Top 50 Richest

The top 50 richest people in Singapore in 2017 have a combined estimated net worth of more than $104.63 Billion, in the Forbes report released in 2018.

Robert & Philip Ng, who owns Far East Organization (the largest private property developer in Singapore) and Sino Group, top the list with an estimated net-worth of $9.4 Billion. Eduardo Saverin, who is a co-founder of Facebook – the world’s largest social networking site, is 2nd on the list with $9.3 Billion. Goh Cheng Liang, who founded Wuthelam Holdings (manufacturer of paint and coatings), is 3rd on the list with $7.8 Billion.

Kwek Leng Beng, Executive Chairman of Hong Leong Group Singapore (one of the Asia’s largest conglomerates), and Khoo family (Goodwood Group of Hotels), rounded up the top 5 richest people in Singapore with $7.1 Billion and $6.3 Billion respectively.


Top 5 Richest in Singapore:

RankNameNet WorthCompany
1Robert & Philip Ng$9.4 BFar East Organization, Sino Group
2Eduardo Saverin$9.3 BFacebook
3Goh Cheng Liang$7.8 BWuthelam Holdings
4Kwek Leng Beng$7.1 BHong Leong Group Singapore
5Khoo family$6.3 BGoodwood Group of Hotels


Singapore’s Richest Fast Facts:

The Richest: Robert & Philip Ng with $9.4 Billion (Sino Group, Far East)

Singapore Early Development
Singapore Early Development

Top 50 Total Net Worth: $104.63 Billion (2016: $80.11 Billion)

The Average Age: 64.7 Years Old (2016: 64.43)

The Oldest Age: 99 Years Old ($2.01 Billion, Chang Yun Chung, Pacific International Lines – Singapore’s largest shipowner)

The Youngest Age: 36 Years Old ($9.3 Billion, Eduardo Saverin – Facebook)


2017 Singapore Top 50 Richest:

RankNameNet Worth (USD)
1Robert & Philip Ng$9.4 Breal estateFar East Organization, Sino Group
2Eduardo Saverin$9.3 B36social networkFacebook
3Goh Cheng Liang$7.8 B91paintsWuthelam Holdings
4Kwek Leng Beng$7.1 B77real estateHong Leong Group Singapore
5Khoo family$6.3 B58MaybankGoodwood Group of Hotels
6Wee Cho Yaw$5.8 B89bankingUnited Overseas Bank (UOB)
7Kwee family$5.3 B71Real EstatePontiac Land Group
8Kuok Khoon Hong$2.7 B68palm oilWilmar
9Raj Kumar & Kishin RK$2.6 B64real estateRoyal Holdings/RB Capital
10Sam Goi$2.2 B69frozen foodsTee Yih Jia Foods
11Ong Beng Seng and Christina Ong$2.1 B73diversifiedHotel Properties, Como Hotels & Resorts
12Richard Chandler$2.08 B59investmentsClermont Group
13Peter Lim$2.07 B65investmentsRowsley
14Choo Chong Ngen$2.05 B65hotelsHotel 81
15Chang Yun Chung$2.01 B99shippingPacific International Lines
16Arvind Tiku$2 B48oil & gas, investmentsAT Holdings
17Sheng Jian Zhong$1.85 B60real estateYanlord Land
18Lim Oon Kuin$1.7 B74oil tradingHin Leong Trading
19Lee family$1.6 BbankingOCBC Bank
20Ho family$1.5 BbankingTai Tak Estates, First Sponsor Group
21Chua Thian Poh$1.45 B69real estateHo Bee Land
22Asok Kumar Hiranandani$1.42 B63real estateRoyal Group
23Chew Gek Khim$1.4 B56diversifiedStraits Trading
24Tang Wee Kit$1.38 B63retailTang Holdings
25Oei Hong Leong$1.33 B70investments
26Robert Friedland$1.3 B67miningIvanhoe Mines
27Lien family$1.25 BbankingUnited Overseas Bank (UOB), Lien Foundation
28Ron Sim$1.2 B59retailOsim International
29Tay family$1.15 Bretail, propertyOG, Memocorp
30Koh Wee Meng$1.1 B54real estate, hotelsFragrance Group
31Peter Fu Chong Cheng$920 MdiversifiedKuo International
32Michael Kum$905 M73hotelsM&L Hospitality
33Lim Chap Huat$900 M63propertySoilbuild
34Loo Choon Yong$890 M69health careRaffles Medical Group
35Serge Pun$800 M65diversifiedYoma Strategic Holdings, Yoma Bank
36Lim Hock Chee$760 M56retailSheng Siong Group
37Primus Cheng$740 M68foodPrima
38Kuik Ah Han$730 M72propertySim Lian Group
39Cheng Wai Keung$720 M67real estateWing Tai Holdings
40Tan Boy Tee$715 M69shippingBestford Group
41Min-Liang Tan$700 M40gamingRazer Inc.
42Danny Yong$670 M46hedge fundsDymon Asia Capital
43Bhupendra Kumar Modi$665 M69telecomSmart Group
44Saurabh Mittal$650 M44financeMission Holdings
45Ching Chiat Kwong$615 M52real estateOxley Holdings
46Shaw Vee Meng$580 M85media, real estateShaw Organization
47John Lim$575 M61real estateAsian Realty Advisors (ARA)
48Ho Kian Guan$565 M72plantations/real estateKeck Seng Group
49Henry Ng$545 M60cementPan United
50Koh Wee Seng$540 M49jewelryAspial


*Data 26th July 2017

Source: Caproasia Institute, Forbes


2017 Rich List – South-east Asia

2017 Rich List – North Asia

2017 Rich List – Global is the leading financial media platform covering capital markets, investments and private wealth in Asia. Driving $25 trillion of assets in Asia.

Join 14,000+ leading financial professionals and professional investors in Asia. Receive exclusive Caproasia newsletter here. Managing $20 million to $300 million? Register here: Financial Professionals
. Stay ahead of your peers & competition.

Register: Professional Investors | CEOs & Entrepreneurs

For press release, email to
For editorial, media kit, listing on TFC, events, seminars or research & data services, email to