Private Banking

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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)
AgeSourceCompany
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




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