The combined wealth of Singapore's 50 wealthiest tycoons rose by more than ten percent in the last year, reaching nearly $105 billion.
Topping the 2018 «Rich List» compiled by U.S. magazine «Forbes» are this year’s biggest dollar gainers, Robert and Philip Ng, who retain their spot with $11.9 billion. Theproperty siblings boosted their net worth by $2.5 billion.
Facebook co-founder Eduardo Saverin, a new resident of Singapore, also saw his fortune go up $2.5 billion to secure him a second place at the top with a net worth of $11.8 billion. Retaining the third spot is paint tycoon Goh Cheng Liang. His net worth increased by $700 million to $8.5 billion.
The minimum amount required to make the list this year was $535 million, down from $540 million last year. The top 10 richest people in Singapore are:
- Robert & Philip Ng; $11.9 billion
- Eduardo Saverin; $11.8 billion
- Goh Cheng Liang; $8.5 billion
- Kwek Leng Beng; $7.6 billion
- Khoo family; $6.7 billion
- Wee Cho Yaw; $6.4 billion
- Kwee brothers; $5.4 billion
- Richard Chandler; $3.15 billion
- Raj Kumar & Kishin RK; $2.7 billion
- Choo Chong Ngen; $2.6 billion
Click here for the complete list.
