Top 10 richest people in Singapore
Here is the breakdown of the top 10 richest people in Singapore based on the Forbes Singapore's Richest ranking.
10. Forrest Li
- Citizenship / Origin: Singapore
- Estimated Net Worth: ~$7.7 Billion
- Primary Source of Wealth: Consumer Internet, Gaming & E-Commerce
- Key Assets: Founder, Chairman, and Group CEO of Sea Limited (parent company of Shopee, Garena, and SeaMoney).
- Description: Forrest Li built Sea Limited into Southeast Asia's dominant internet giant. His wealth stems from the global gaming revenue of hit titles like Free Fire and the widespread dominance of Shopee across e-commerce and digital financial payments.
9. Leo KoGuan
- Citizenship / Origin: United States (Singapore Resident)
- Estimated Net Worth: ~$8.2 Billion
- Primary Source of Wealth: Enterprise IT Services & Stock Holdings
- Key Assets: Co-founder and Chairman of SHI International; one of the largest individual retail shareholders of Tesla, Inc.
- Description: Leo KoGuan amassed vast wealth as the head of SHI International, a global enterprise IT provider, before becoming famous for concentrating his wealth into a massive personal stake in Tesla equity.
8. Li Xiting
- Citizenship / Origin: Singapore
- Estimated Net Worth: ~$10.0 Billion
- Primary Source of Wealth: Medical Devices & Healthcare Equipment
- Key Assets: Co-founder and Chairman of Mindray Bio-Medical Electronics.
- Description: Li Xiting relocated to Singapore and built Mindray into one of the world's leading suppliers of critical medical devices, hospital monitors, and diagnostic equipment.
7. Khoo Family
- Citizenship / Origin: Singapore
- Estimated Net Worth: ~$11.0 Billion
- Primary Source of Wealth: Private Banking, Real Estate & Investments
- Key Assets: Goodwood Park Hotel group, significant legacy equity stake in Maybank.
- Description: Descendants of the late banker Khoo Teck Puat, the Khoo family controls high-profile commercial real estate assets in Singapore and retains vast financial liquidity following the sale of their historic stake in Standard Chartered Bank.
6. Wee Family
- Citizenship / Origin: Singapore
- Estimated Net Worth: ~$12.0 Billion
- Primary Source of Wealth: Commercial Banking & Financial Services
- Key Assets: Controlling stake in United Overseas Bank (UOB) and Haw Par Corporation (makers of Tiger Balm).
- Description: The estate and legacy of the late Wee Cho Yaw, who built UOB into one of Southeast Asia's largest banking networks. The family continues to hold extensive financial and real estate interests.
5. Goh Family
- Citizenship / Origin: Singapore
- Estimated Net Worth: ~$13.5 Billion
- Primary Source of Wealth: Paints, Coatings & Industrial Chemicals
- Key Assets: Wuthelam Holdings, major partnership and equity in Japan’s Nippon Paint.
- Description: Built on the empire founded by the late paint tycoon Goh Cheng Liang, Wuthelam Holdings operates vast joint ventures across Asia, controlling significant shares in the region's largest paint manufacturer.
4. Lee Family
- Citizenship / Origin: Singapore
- Estimated Net Worth: ~$13.8 Billion
- Primary Source of Wealth: Banking, Insurance & Property Development
- Key Assets: Major stake in Overseas-Chinese Banking Corporation (OCBC Bank) and Great Eastern Holdings.
- Description: Descendants of legendary banker Lee Kong Chian, the Lee family draws their fortune from one of Singapore’s oldest and most institutional financial combines.
3. Robert & Philip Ng
- Citizenship / Origin: Singapore
- Estimated Net Worth: ~$14.3 Billion
- Primary Source of Wealth: Commercial Real Estate & Hospitality Development
- Key Assets: Far East Organization (Singapore) and Sino Group (Hong Kong).
- Description: The brothers control Singapore's largest private landlord and property developer, Far East Organization, along with major luxury real estate and hotel developments across Hong Kong and Australia.
2. Kwek Leng Beng & Family
- Citizenship / Origin: Singapore
- Estimated Net Worth: ~$16.1 Billion
- Primary Source of Wealth: Real Estate, Banking & Hotel Chains
- Key Assets: Executive Chairman of Hong Leong Group, City Developments Limited (CDL), and Millennium & Copthorne Hotels.
- Description: Kwek Leng Beng leads a massive conglomerate spanning real estate, financial services, and an international footprint of over 140 luxury hotels worldwide.
1. Eduardo Saverin
- Citizenship / Origin: Brazil (Singapore Citizen)
- Estimated Net Worth: ~$32.9 Billion
- Primary Source of Wealth: Technology (Meta/Facebook) & Venture Capital
- Key Assets: Co-founder of Meta Platforms (Facebook); Co-owner of B Capital Group.
- Description: Eduardo Saverin tops Singapore's rich list. After co-founding Facebook, he relocated to Singapore in 2009 and actively invests in global tech startups through his venture firm, B Capital.
This 55 Singapore billionaires in Forbes' 2026 list short video is relevant because it provides a quick summary of the Forbes Singapore billionaires ranking update.