Singapore Far East Organization Ng Teng Fong Billionaire Family 3rd Generation & Grandson Daryl Ng (Age 47) Appointed as Chairman of $16.2 Billion Sino Group (Including Sino Land, Tsim Sha Tsui Properties & Sino Hotels) Succeeding His Father (2nd Generation) Robert Ng Chee Siong (Age 72) Who Succeeded Ng Teng Fong in 1991, Far East is Led by 2nd Generation Philip Ng (CEO) & Hong Kong-Listed $9.1 Billion Sino Group is Now Led by 3rd Generation Daryl Ng (Chairman), Ng Teng Fong Family Fortune at More than $15 Billion
3rd August | Hong Kong
Singapore Far East Organization Ng Teng Fong (1928 to 2010) billionaire family 3rd generation & grandson Daryl Ng (Age 47) has been appointed as Chairman of Sino Group (Including Sino Land, Tsim Sha Tsui Properties & Sino Hotels with combined $16.2 billion market value), succeeding his father (2nd Generation) Robert Ng Chee Siong (Age 72) who succeeded Ng Teng Fong in 1991. Far East Organization is led by 2nd generation Philip Ng (CEO) & Hong Kong Sino Group is now led by 3rd generation Daryl Ng (Chairman). Philip Ng & Robert Ng are 2 of 5 children of Ng Teng Fong. In 2025 April, the Singapore government listed Far East Organization Ng Teng Fong billionaire family 4 members as Politically Significant Persons after declaring their foreign political affiliations in 2024. The 4 members are Sino Group Chairman & 2nd generation Robert Ng and his 3 children Daryl Ng, Nikki Ng & David Ng. In 2025 March, Daryl Ng stepped down as Chairman of beverage group Yeo Hiap Seng ($272 million market value) & succeeded by Independent Director & Deputy Chairman Na Wu Beng with Ng Teng Fong 3rd generation & grandson Edward Ng to succeed Na Wu Beng as Deputy Chairman. Far East Organization is a majority shareholder of Yeo Hiap Seng. Ng Teng Fong family fortune is at more than $15 billion. Ng Teng Fong family (Robert Ng & Philip Ng) is one of the top business families in Singapore including Khoo Teck Puat family (Goodwood Park), Wee Cho Yaw family (UOB), Kwee family (Pontiac Land) & Lee Seng Wee family (OCBC).
“ Singapore Far East Organization Ng Teng Fong Billionaire Family 3rd Generation & Grandson Daryl Ng (Age 47) Appointed as Chairman of $16.2 Billion Sino Group (Including Sino Land, Tsim Sha Tsui Properties & Sino Hotels) Succeeding His Father (2nd Generation) Robert Ng Chee Siong (Age 72) Who Succeeded Ng Teng Fong in 1991, Far East is Led by 2nd Generation Philip Ng (CEO) & Hong Kong-Listed $9.1 Billion Sino Group is Now Led by 3rd Generation Daryl Ng (Chairman), Ng Teng Fong Family Fortune at More than $15 Billion “
Singapore Far East Organization Ng Teng Fong Billionaire Family 3rd Generation & Grandson Daryl Ng (Age 46) to Step Down as Chairman of $272 Million Beverage Group Yeo Hiap Seng & Succeeded by Independent Director & Deputy Chairman Na Wu Beng, 3rd Generation & Grandson Edward Ng to Succeed Na Wu Beng as Deputy Chairman, Far East is Led by 2nd Generation Philip Ng (CEO) & Hong Kong-Listed $9.1 Billion Sino Group is Led by 2nd Generation Robert Ng (Chairman), Far East Organization is a Majority Shareholder of Yeo Hiap Seng, Ng Teng Fong Family Fortune at More than $15 Billion
27th March 2025 – Singapore Far East Organization Ng Teng Fong (1928 to 2010) billionaire family 3rd generation & grandson Daryl Ng (Age 46) is stepping down as Chairman of beverage group Yeo Hiap Seng ($272 million market value) & succeeded by Independent Director & Deputy Chairman Na Wu Beng with Ng Teng Fong 3rd generation & grandson Edward Ng to succeed Na Wu Beng as Deputy Chairman. Far East Organization is led by 2nd generation Philip Ng (CEO) & Hong Kong-listed Sino Group ($9.1 billion market value) is led by 2nd generation Robert Ng (Chairman). Philip Ng & Robert Ng are 2 of 5 children of Ng Teng Fong. Far East Organization is a majority shareholder of Yeo Hiap Seng. Ng Teng Fong family fortune is at more than $15 billion. Ng Teng Fong family (Robert Ng & Philip Ng) is one of the top business families in Singapore including Khoo Teck Puat family (Goodwood Park), Wee Cho Yaw family (UOB), Kwee family (Pontiac Land) & Lee Seng Wee family (OCBC).
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