Eduardo Saverin, co-founder of Meta Platforms, is Singapore’s richest man, with a net worth of US$29 billion (roughly S$37 billion).
The relationship between Taylor Swift, Lawrence Wong, and some of Singapore’s wealthiest may not be clear at first glance.
Sold-out pop performances by Taylor Swift, Coldplay, and Bruno Mars boosted Singapore’s economy, resulting in two straight quarters of growth, according to Ministry of Trade & Industry data.
The swearing-in of Lawrence Wong boosted the stock market and increased the net worth of the country’s 50 richest tycoons by over 10% to US$195 billion (about S$253 billion), as reported by Forbes.
They are said to have a combined worth of US$177 billion in 2023.
Eduardo Saverin, co-founder of Meta (previously known as Facebook), was Singapore’s richest person in 2023 and again in 2024.
His net worth rose from US$16 billion in 2023 to US$29 billion (about S$37 billion) in 2024.
He was succeeded by Far East Organisation’s Robert and Philip Ng, who had a combined fortune of $14.4 billion and have held their position.
Li Xiting, chairman of Shenzhen Mindray Bio-Medical Electronics, ranked third with a net worth of S$13.4 billion.
The heirs of late UOB chairman emeritus Wee Cho Yaw have entered the list in seventh position, with a net worth of $7.8 billion.
The late Wee’s eldest son, Wee Ee Cheong, is UOB’s deputy chairman and chief executive, followed by Wee Ee Chao, chairman of Tiger Balm manufacturer Haw Par and brokerage business UOB Kay Hian.
Wee Ee Lim, the youngest son, is the chairman of the listed property developer UOL Group.
Here’s a list of the top 10 richest people in Singapore and their net worths, according to Forbes.
- Eduardo Saverin, co-founder of Meta Platforms (US$29 billion)
- Robert and Philip Ng, controllers of Far East Organisation (US$14.4 billion)
- Li Xiting, chairman of Shenzhen Mindray Bio-Medical Electronics (US$13.4 billion)
- Kwek Leng Beng and family, executive chairman of Hong Leong Group (US$11.5 billion)
- Goh Cheng Liang, founder of Wuthelam Holdings (US$10.4 billion)
- Khoo family, heirs of Khoo Teck Puat (US$9.2 billion)
- Wee family, heirs of Wee Cho Yaw (US$7.8 billion)
- Kwee brothers, siblings who control Pontiac land Group (US$6.8 billion)
- Leo KoGuan, founder and chairman of SHI International (US$6.7 billion)
- Zang Yong and Shu Ping, chairman and co-founder of Haidilao (US$6.5 billion)