Here are the 40 richest men and women in Singapore 2009, data summarized from Forbes.
1) Ng Teng Fong – $8 billion/Far East Organization
2) Khoo Family – $5.5 billion/inherited Standard Chartered stake and sold for $4 billion, Goodwood Group
3) Kuok Choon Hong – $3.5 billion/Wilmar (12%)
4) Kwee brothers – $3.2 billion/Pontiac Land
5) Wee Cho Yaw – $3.1 billion/UOB and UOL
6) Zhong Sheng Jian – $2 billion/Yanlord Land
7) Peter Lim – $1.5 billion/former stockbroker turned full time investor, has stakes in Wilmar, FJ Benjamin and Brewerkz
Kwek Leng Beng – $1.2 billion/City Developments
9) Lee Seng Wee – $800 million/fomer chairman of OCBC
10) Ong Beng Seng & Christina Ong – $700 million/Hotel Properties, rights to Singapore Grand Prix, official dealer of Ferrari in Singapore, Como Hotel & Resorts, Club 21, stakes in NSL and Kuo International
11) Lien Family – $690 million/Lien Foundation
12) Tan Boy Tee – $650 million/Labroy Marine (sold to Dubai Drydocks), investment in Taisan Technology and Memstar Technology
13) Chang Yun Chung – $640 million/Pacific International Lines
14) Peter Fu Chong Cheng – $570 million/Kuo International
15) Ho Sim Guan – $470 million/ex-UOB executive
16) Chua Thian Poh – $450 million/Ho Bee Investment
17) Kwek Leng Kee – $430 million/inherited Hong Leong Group
18) Henry Ng – $420 million/Pan United
19) Vivian Chandran – $370 million/inherited Chemoil and owns Franklin Baker
20) Koh Wee Meng – $360 million/Fragrance
21) Olivia Lum – $350 million/Hyflux
22) Chew Hua Seng – $325 million/Raffles Education
23) Simon Cheong – $310 million/SC Global Developments
24) Ow Chio Kiat – $305 million/Chairman of Stamford Land and Singapore Shipping and Cougar Logistics
25) Cheng Wai Keung – $300 million/inherited Wing Tai Holdings
26) Ho Kwon Ping – $270 million/Banyan Tree Hotels & Resorts
27) Tan Pong Tyea – $265 million/Heads Falcon Energy Group
28) Lee Kian Soo – $260 million/Ezra
29) Yao Hsiao Tung – $255 million/Hi-P
30) Ng Chwee Cheng – $250 million/Tat Hong
31) Loo Choon Yong – $235 million/Raffles Medical, Appointed MP
32) Kwek Leng Peck – $220 million/inherited Hong Leong Group
33) Oei Hong Leong – $200 million/Investor
34) John Chuang – $190 million/Petra Foods
35) Goh Lik Tuan – $175 million/GES International (sold to Venture Corp)
36) Sunny George Verghese – $170 million/Olam International (5%)
37) Brian Chang – $160 million/Yantai Raffles Shipyard
38) Victor Sassoon – $150 million/Coffee Bean & Tea Leaf, Time International (Indon watch retailer)
39) Wong Ngit Liong – $140 million/Venture Corp
40) Tay Liam Wee – $135 million/Sincere Watch
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{ 4 comments… read them below or add one }
Great post. I did an analysis of it and realised that majority of them are either stock investors or real estate investors.
Good areas to go into?
Great post. I did an analysis of it and realised that majority of them are either stock investors or real estate investors.
Good areas to go into?
I would think that majority made their wealth from business operations, not so much as investors.
Only Oei Hong Leong and Peter Lim are considered investors.
I would think that majority made their wealth from business operations, not so much as investors.
Only Oei Hong Leong and Peter Lim are considered investors.