In this week series,
I will detail the Who's who in Singapore .
Living in Singapore ,
you definitely need to know the big and influential people here. There you go:
Taken from Forbes-compiled Singapore
40 richest (as of March 2013), below details the 40 richest person in Singapore (for
exact URL refer - http://www.forbes.com/singapore-billionaires/list/ )
1) Ng Robert &
Philip - Net Worth $10.1b/Real Estate
Inherited from their late father, Ng Teng Fong, brothers
Robert and Philip Ng is the richest among the Singapore billionaires. The Singapore Far East Organization is quoted on
Forbes.com that it build one in six of the private homes in Singapore . Biggest
part of their wealth is in public Tsim Sha Tsui Properties who is headed by the
elder Robert. Younger brother Philip manages the Singapore 's business.
2) Khoo Family - Net
Worth $6.7b/ Banking
Late banker Khoo Teck Puat left fortune to his 14 children
in 2004 when he passed away. Of the most important asset which was left by him
was a stake in Stanchart which the Khoo family sold in 2006 fetching an
estimated $4 billion. The family continues to control the Goodwood Group of
Hotel.
3) Wee Cho Yaw - Net
Worth $5b/ Banking
Mr Wee is the emeritus chairman of Singapore bank, United
Overseas Banks. It was founded by his dad and run by him for 33 years until
2007, when he passed on the role of CEO to his son Wee Ee Cheong. The family
also own a property developer and private equity company Kheng Leng. Singapore listed Haw Par, which family owns
nearly one quarter of it, is the producer of Singapore iconic Chinese ointment
Tiger Balm.
4) Kwee family - Net
Worth $4.6b/ Real Estate
Kwee family is one of the biggest landlords as the four
Kwee brothers jointly owned privately held property developer and hotel
operator Pontiac Land . Its portfolio of prime properties
includes Ritz-Carlton, the Regent, Conrad Centennial and the Capella in Singapore .
Recent project include Capitol
Center , a $600m luxury
property development in which they have a 50% stake. Kwee Liong Kent, the
eldest, is the managing director. Kwee Liong Tek is chariman. Other brothers
Kwee Liong Seen and Kwee Liong Phing sit on board.
5) Richard Chandler -
Net Worth $2.85b/ Investment
6) Kwek Leng Beng
& family - Net Worth $2.4b/ Diversified
The Kwek family inherited conglomerate Hong Leong, started
by their fathers in the 1940s. Kwek Leng Beng owns the Singapore
business while his cousin Quek Leng Chan heads the Malaysian business. Kwek
Leng Beng is the owner of City Development and Guocoland.
7) Kuok Khoon Hong -
Net Worth $2.6b/ Palm Oil
Kuok holds a minority stake in Wilmar International and is
also the CEO of its. Wilmar is the world's largest palm oil company. It is now
expanding into speciality chemicals with Clariant and processed foods with
Archer Daniels. His other investment includes Zhong Sheng Jian's Yanlord and London 's Aviva
Tower .
8) Eduardo Saverin -
Net Worth $2.2b/ IT
Facebook co-founder Eduardo renounced his US citizenship in 2011 and took up Singapore
resident. He has since sold more than half of his stake in Facebook and has
started to invest in startups including Qwiki and Jumio, which created the
online payment Netswipe.
9) Peter Lim - Net
Worth $2b/ Investment
As a former stockbroker, Peter Lim make his big bucks from
Wilmar International. Since then, he is busy partnering with UEM land to build Motorsport City in Iskandar region. His Thomson
Medical is partnering with Johor's royal family to build a medical hub as part
of a $3 billion integrated development called Vantage Bay
which is being developed by Lim-controlled Rowsley. His other interests
includes Yanlord, FJ Benjanmin and McLaren.
10) Ong Beng Seng and
wife - Net Worth $1.6b/ Diversified
Their biggest asset is the stake in Mulberry, a British
fashion company. They also control Hotel Properties, Club 21 and NSL. The wife
oversees boutique hotel operator Como Group. Other interests include the Grand
Prix and a stake in oil trader Kuo International, run by Peter Fu Chong Cheng, Christina's
brother.
11) Raj Kumar & Kishin
RK - Net Worth $1.5b/ Real Estate
Their privately held property empire includes Rag's Royal
Holdings and Kishin's RB Capital.
12) Zhong Sheng Jian-
Net Worth $1.7b/ Real Estate
He is the owner and founder of China property company Yanlord Land
Group.
13) Lee Seng Wee - Net Worth $1.35b/ Banking
Sits on board of OCBC after serving as chairman for 8 years until his retirement in 2003.
14) Sam Goi - Net Worth $1.7b/ Frozen food
Sam Goi, also known as
the Popiah King, is the world's largest maker of frozen rice wraps used to make
spring rolls. He's expanded the portfolio of his privately held Tee Yih Jia
Food Manufacturing with acquisitions in stake such as diary product firm Etika International
Holdings. He also owns a property arm know as GSH Corporation.
15) Koh Wee Meng - Net Worth $1.4b/ Real Estate
Property tycoon,
hotelier Koh is the owner of Fragrance Group. He spun off its hotel arm into
Global Premium Hotel, listing the budget hotel chain last April and is now also
expanding into commercial real estate. He broke off from family's jewellery
business to get into proerty in the 1990s.
16) Lim Oon Kuin - Net Worth $1.5b/ Oil Trading
Lim is the founder of
Hin Leong Trading, one of Singapore 's
largest independent oil traders at the age of 20 in 1963. He owns majority
stake in Universal Terminal, Asia 's largest
oil logistics terminal. he also owns a fleet of 100 tankers via shipping arm
Ocean Tankers run by his son, Evan.
17) Tang Wee Kit - Net Worth $970m/ Retail
Son of late Tang Choon
Keng, who founded Singapore 's
oldest department store, C.K Tang. Biggest asset is Tang Plaza
on Orchard Roadm home to C.K Tang's flagship store and Marriot Hotel.
18) Lien family - Net Worth $965m/ Banking
Banker Lien Ying Chow left shares in UOB through family's holdings
outfit which is headed by his widow, Margaret.
19) Asok Kumar Hiranandani - Net Worth $1b/ Real Estate
Co-founder of Royal Brothers, Asok separated from older
sibling Rag in 2011. His assets are now included privately owned Royal Group
Holdings which has built a new corporate headquarters and a 135- room Sofitel
So Hotel designed by Karl Lagerfeld. He recently bought the
144-room Stamford Double Bay Hotel in Sydney for
$58 million and is also expanding into Indonesia . All new projects are
overseen by son Bobby, whom is expected to succeed him.
20) Tan Boy Tee - Net Worth $855m/ Shipping
Gain his fortune from $700 million sale of Labroy Marine in
2008, the tug and barge company he founded in 1978. He currently owns small
stakes in a few Singapore-listed companies. In June he sold his 15% share of
property firm Brothers Holdings for $10 million.
21) Chang Yun Chung - Net Worth $815m/ Shipping
Founder of Pacific International Lines, which owns a fleet
of 153 vessels. Subsidiaries include Hong Kong-listed Singamas Container
Holdings, which he also chairs.
22) Oei Hong Leong - Net Worth $765m/ Investments
Son of Indonesian billionaire Eka Tjipta Widjaja, Oei is a
veteran investor. His investment acute was again on displayed as he recently
bought and quickly sold a 21% stake in plastics and metals trader Intraco at a
$1 million profit. His holdings include IPC, a Singapore-listed firm that buys
and redevelops distressed properties in Japan .
23) Bhupendra Kumar Modi - Net
Worth $755m/ Telecom
Owns Spice
Group, which has interests in mobile devices, entertainment and financial
services, is betting on the mobile Internet. He also owns more than two-thirds
of flagship company S Mobility, real estate in Singapore ,
India .
24) Ho family - Net Worth $725m/ Banking
The late
Ho Sim Guan is a former UOB director. The Ho family continues to hold big stake
in UOB and also Haw Par.
25) Choo Chong Ngen - Net Worth $690m/
Real Estate
26) Michael Kum - Net Worth $670m/ Hotel
Kum made his first fortune in offshore vessels, then turned
to hotels after selling part stake in his Australian-listed Miclyn Express
Offshore during its 2007 IPO. Since 2009, he has been acquiring 11 hotels in Australia , Japan ,
New Zealand and Singapore .
27) John Chuang - Net Worth $605m/ Cocoa
Owner of Petra Foods, which sells cocoa ingredients to
Nestlé, Cadbury and Mars.. Top, Delphi , Silver
Queen are some of its own retail brands.
28) Peter Fu Chong Cheng - Net Worth $540m/ Diversified
He and siblings inherited Kuo International, one of Singapore 's
largest independent oil traders, from father, Peter Fu Yun Siak. Other interests
include stakes in brother-in-law Ong Beng Seng's Hotel Properties and NSL.
29) Loo Choon Yong - Net Worth $535m/ Healthcare
Owner of Raffles Medical Group, one of country's largest
health care providers, is benefiting from rising influx of medical tourists. It
has 74 clinics in Singapore
and 4 in Hong Kong and Shanghai .
It has plans to expand Raffles
Hospital and open a new
medical center by next year.
30) Henry Ng - Net Worth $510m/ Diversified
Owns two-thirds of Pan-United ,
Singapore 's
biggest cement supplier, together with 3 siblings. The company was founded by
their father, Ng Kar Cheong. The bulk of their fortune derives from their sale
of shipbuilding business, Pan-United Marine, to Dubai Drydocks World in 2007.
31) Chua Thian Poh - Net Worth $470m/ Real
Estate
Owner of Ho Bee Investment.
32) Ow Chio Kiat - Net Worth $445m/ Hotel
Owner of hotels and property outfit, Stamford Land .
It has expanded into building apartments in Australia
and New Zealand .
33) Ron Sim - Net Worth $435m/ Retail
Founder of OSIM International. He also owns US Retailer
Brookstone GNC in South Asia and Richlife in China .
34) Cheng Wai Keung- Net Worth $355m/ Real
Estate
Owner of Wing Tai Holdings, he was also the former Chairman
of NOL. Currently sits on board of Temasek Holdings.
35) Lim Hock Chee - Net Worth $345m/ Retail
Owner of Sheng Siong supermarket chain and Singapore 's
third largest food retailer.
36) Yao
Hsiao Tung - Net Worth $325m/ Manufacturing
Founder of Hi-P International, who is Singapore largest electronics
component makers, whose clients include Apple, Amazon and Nike.
37) Satinder Garcha - Net Worth $315m/ Real Estate
Made first fortune in Silicon Valley
in 2000. Has since moved to Singapore
and started Elevation Development, a property firm specializing in building
luxury villas which he rents out to rich expat.
38) John Lim - Net Worth $310m/ Real Estate
Runs ARA Asset Management that manages property funds in China , Hong Kong ,
Singapore and Malaysia .
Assets include Suntec City Singapore and Beijing 's Oriental Plaza Beijing.
39) Olivia Lum - Net Worth $310m/ Water Treatment
Founder of Hyflux.
40) Ho Kwon Ping - Net
Worth $280m/ Hotels
Founder of Banyan Tree Hotels & Resorts.
Khoo Family, do they have relation with Adam Khoo?
ReplyDeleteNope, Adam is a self-made millionaire.
ReplyDelete