- The richest people in Singapore include real-estate magnates, private investors, the cofounder of Facebook, and hot pot billionaires, according to Forbes’ Real-Time Billionaires list.
- Singapore’s richest person is Li Xiting, the founder and CEO of a company that supplies medical devices, who’s worth $18.1 billion.
- The youngest person on the list is 38-year-old Eduardo Saverin, the cofounder of Facebook, a Brazilian native who’s been a Singapore resident since 2012.
- Newcomers to the top 15 richest people include two gaming billionaires.
- Singapore’s richest people are worth a combined $111.7 billion.
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Singapore, one of the most expensive cities in the world, is home to an estimated 44 billionaires.
These ultra-wealthy individuals range from real-estate magnates and private investors to hot pot billionaires and even the cofounder of Facebook.
The richest person in Singapore is Li Xiting, the founder and CEO of a company that supplies medical devices. Li didn’t even break into the top 15 richest people in Singapore in January – now, he’s worth $18.1 billion, according to Forbes’ Real-Time Billionaires list. The executive’s wealth has skyrocketed during the coronavirus pandemic as countries around the world buy his company’s medical products, which include ventilators, imaging devices, and patient monitors, per the South China Morning Post.
In March 2019, Li was worth $5.5 billion, per Forbes. By April 2020, his fortune had swelled to $11.6 billion.
Earlier this year, Singapore's richest person was Zhang Yong, a 50-year-old restaurateur who chairs the popular Sichuan hot pot chain Haidilao, which has locations in China, the US, Japan, South Korea, and Singapore. Now, Zhang has been knocked down to the second spot by Li. Zhang's wife, Shu Ping, the director of the company, is also on Singapore's billionaires list, with a net worth of $3.4 billion.
Here are Singapore's richest people, who are worth a combined $111.7 billion.
15. Zhao Tao
Net worth: $2.6 billion
Age: 55
Source of wealth: Pharmaceuticals
14. Raj Kumar and Kishin RK
Net worth: $2.7 billion
Age: 66
Source of wealth: Real estate
13. Kuok Khoon Hong
Net worth: $3 billion
Age: 71
Source of wealth: Palm oil
T12. Jason Chang
Net worth: $3.3 billion
Age: 76
Source of wealth: Electronics
T12. Gang Ye
Net worth: $3.3 billion
Age: 40
Source of wealth: gaming
10. Shu Ping
Net worth: $3.4 billion
Age: unknown
Source of wealth: Restaurants
9. Kwek Leng Beng
Net worth: $3.5 billion
Age: 80
Source of wealth: Real estate
8. Kwee brothers
Net worth: $5.3 billion
Age: unknown
Source of wealth: Real estate
7. Wee Cho Yaw
Net worth: $5.5 billion
Age: 91
Source of wealth: Banking
6. Forrest Li
Net worth: $5.7 billion
Age: 42
Source of wealth: Gaming
5. Robert and Philip Ng
Net worth: $11.2 billion
Age: unknown
Source of wealth: Real estate
4. Eduardo Saverin
Net worth: $13.3 billion
Age: 38
Source of wealth: Facebook
3. Goh Cheng Liang
Net worth: $15.1 billion
Age: 93
Source of wealth: Paints
2. Zhang Yong
Net worth: $15.7 billion
Age: 50
Source of wealth: Restaurants
1. Li Xiting
Net worth: $18.1 billion
Age: 70
Source of wealth: Medical devices