Top 20 Billionaires In Singapore

The landscape of wealth in Singapore continues to evolve as the city-state solidifies its position as a global financial hub and a magnet for ultra-high-net-worth individuals. As of late 2025, the billionaire list is a compelling mix of seasoned real estate titans, traditional banking dynasties, and a rapidly expanding cohort of tech entrepreneurs. This shift reflects Singapore’s broader economic transition toward a digital economy while maintaining its foundation as a haven for global capital.

Eduardo Saverin

Eduardo Saverin, best known as the co-founder of Meta (formerly Facebook), remains Singapore’s wealthiest individual, with a net worth that has surged amid the continued dominance of social media and his savvy venture capital investments. Since relocating to the Lion City in 2009, Saverin has transitioned from a tech pioneer to a sophisticated investor through his firm, B Capital Group. This firm focuses on backing growth-stage startups poised to disrupt industries such as healthcare, fintech, and logistics.

In recent years, Saverin has significantly increased his focus on artificial intelligence and its transformative potential across the global economy. B Capital has been instrumental in funding several “unicorns” that leverage AI to streamline supply chains and improve medical diagnostics. Beyond his business acumen, Saverin is increasingly recognised for his philanthropic efforts. Along with his wife, Elaine, he established the Elaine and Eduardo Saverin Foundation, which recently made headlines for its substantial grants to educational and healthcare initiatives in Singapore. This shift toward structured giving marks a new chapter in his legacy, moving from purely wealth creation to long-term social impact.

2. Kwek Leng Beng & Family

Kwek Leng Beng, the chairman of the Hong Leong Group, is a titan of the Singaporean property market. His flagship company, City Developments Limited (CDL), has been at the forefront of the city-state’s skyline for decades. In 2025, the group continues to expand its global footprint, particularly in the luxury hospitality sector through Millennium & Copthorne Hotels. Kwek’s strategy has always been defined by a mix of prudent financial management and aggressive international expansion, often acquiring undervalued assets during market downturns.

The family’s influence extends beyond real estate into financial services and manufacturing. However, 2025 brought some internal challenges, with reports of a boardroom dispute involving his son, Sherman Kwek, regarding the company’s future governance and strategic direction. Despite these tensions, the group remains committed to sustainability, with CDL leading the way in “green” building certifications. Kwek’s vision for a more sustainable urban environment has seen CDL invest heavily in renewable energy and innovative building technologies, ensuring that the family’s legacy remains relevant in an era of climate consciousness.

3. Robert & Philip Ng

The Ng brothers, who control the Far East Organisation, represent one of the most enduring dynasties in Singaporean business. Their father, Ng Teng Fong, was known as the “King of Orchard Road,” and his sons have successfully maintained and expanded that crown. Their portfolio is remarkably diverse, encompassing residential developments, shopping malls, and some of the most iconic hotels in the region. Their influence is also felt in Hong Kong through the Sino Group, where they have a massive presence in the luxury residential market.

A defining characteristic of the Ng brothers is their deep-rooted faith, which informs much of their business philosophy and philanthropy. They are known for their “servant leadership” model, which emphasises community building over mere profit. In recent years, they have pivoted toward more community-centric developments that integrate public spaces and social services. Their charitable arm, the Ng Teng Fong Charitable Foundation, has been particularly active in supporting healthcare and education initiatives, donating hundreds of millions to hospitals and schools across Singapore and Greater China. Their long-term view on investment has allowed them to weather numerous economic cycles with remarkable stability.

4. Goh Cheng Liang

Goh Cheng Liang is the mastermind behind Wuthelam Holdings, which holds a majority stake in Nippon Paint Holdings, the largest paint manufacturer in Asia. Goh’s story is a classic “rags-to-riches” tale, beginning with a small paint shop in the 1950s and culminating in a fruitful partnership with Nippon Paint of Japan. This partnership eventually evolved into a multi-billion-dollar empire that dominates the coatings industry across the continent. In 2021, a massive US$12 billion deal further solidified his control over the joint venture, streamlining the corporate structure for greater efficiency.

Goh’s business philosophy is centred on the idea of “paint as a commodity of progress.” As urbanisation continues across Asia, the demand for industrial and decorative coatings remains robust. Despite his enormous wealth, Goh is known for his incredibly private lifestyle. Most of the public-facing duties are handled by his son, Goh Hup Jin, who serves as the chairman of Nippon Paint. The family is also deeply committed to medical research, particularly through the Goh Foundation, which provides significant funding for cancer research and scholarships for medical students. This dedication to science and education ensures that the Goh family’s impact is felt far beyond the industrial sector.

5. Li Xiting

Li Xiting is the co-founder and chairman of Mindray Bio-Medical Electronics, a global leader in medical device manufacturing. Although he was born in China, Li is a naturalised Singapore citizen and has become one of the city’s most prominent billionaires. Mindray’s importance became globally apparent during the COVID-19 pandemic when the company ramped up production of ventilators and patient monitors. In 2025, the company continues to benefit from the global push to modernise healthcare infrastructure, especially in emerging markets.

Li’s success is rooted in a relentless focus on research and development. Mindray invests approximately 10% of its annual revenue in R&D, enabling it to compete with established Western giants such as Siemens and GE Healthcare. This commitment to innovation has enabled the company to expand its product line from basic monitoring equipment to advanced imaging and laboratory automation systems. Li is also known for his disciplined management style and his belief that high-quality healthcare should be accessible and affordable. His philanthropic work often focuses on disaster relief and improving medical facilities in rural areas, reflecting his belief in the social responsibility of the medical technology industry.

6. Forrest Li

Forrest Li, the founder of Sea Limited, has experienced the volatile highs and lows of the tech sector. Sea Limited, which owns the e-commerce giant Shopee, the gaming firm Garena, and the digital finance arm Monee, is a cornerstone of Southeast Asia’s digital economy. After a period of aggressive expansion and subsequent stock market turbulence, Sea Limited has returned to strong profitability in 2025. Li’s strategic pivot from “growth at all costs” to “sustainable profit” has been widely lauded by investors and has restored confidence in the company’s long-term viability.

Under Li’s leadership, Shopee has successfully defended its market share against global competitors like TikTok Shop and Lazada. Meanwhile, Garena continues to generate significant cash flow through its flagship title, Free Fire, which remains one of the most popular mobile games globally. Li is also a prominent figure in the local sports scene, serving as the chairman of the Lion City Sailors football club. His vision for the club includes building a world-class training academy to nurture local talent, mirroring his approach to business, where he focuses on building ecosystems that empower individuals. His resilience in the face of market challenges has made him a symbol of the modern Singaporean tech entrepreneur.

7. Khoo Family

The Khoo family’s wealth traces back to the late Tan Sri Khoo Teck Puat, a legendary banker who co-founded Malayan Banking (Maybank) and was once the largest shareholder of Standard Chartered Bank. Today, the family’s interests are largely concentrated in the Goodwood Group, which owns prestigious hotels like the Goodwood Park Hotel in Singapore. This historic hotel is more than just a business asset; it is a symbol of the family’s enduring presence in the high-end hospitality market and their commitment to preserving Singapore’s architectural heritage.

The family is perhaps even more well-known for their extraordinary philanthropy. The Khoo Foundation has donated hundreds of millions to various causes, most notably for the establishment of the Khoo Teck Puat Hospital in Yishun. Their giving is strategic and often focuses on areas that are underserved by the public sector, such as geriatric care and palliative services. In 2025, the family continues to maintain a low profile, preferring to let their charitable works speak for them. Their legacy is a blend of old-world banking prestige and a modern, systematic approach to social welfare, making them one of the most respected families in the country.

8. Wee Family

The Wee family, led by Wee Ee Cheong, controls United Overseas Bank (UOB), one of the “Big Three” local banks in Singapore. The bank was founded by his grandfather, Wee Kheng Chiang, and significantly expanded by his father, the late Wee Cho Yaw. In 2025, UOB remains a powerhouse in regional banking, having successfully integrated the consumer banking businesses it acquired from Citigroup in several Southeast Asian markets. This expansion has solidified UOB’s position as a truly regional player, catering to the growing middle class across ASEAN.

Wee Ee Cheong has been a vocal advocate for the responsible use of technology in banking. Under his leadership, UOB has invested heavily in digital transformation while maintaining a “human-first” approach. He frequently emphasises that while AI and automation are essential for efficiency, they cannot replace the trust and empathy required in high-level financial advisory. The family also controls the UOL Group, a major property developer with a portfolio of luxury hotels and residential projects. Their philanthropic efforts are largely directed through the Wee Foundation, which supports education and social integration, ensuring that the family’s wealth contributes to a more cohesive and resilient society.

9. Leo Koguan

Leo Koguan is an Indonesian-born American citizen who resides in Singapore and is known as one of Tesla’s largest individual shareholders. His wealth skyrocketed alongside Tesla’s stock price, making him a “hidden billionaire” until he began speaking more publicly about his holdings and his unique philosophy. Leo is the co-founder and chairman of SHI International, a multi-billion-dollar IT provider based in the United States. However, it is his bold bets on the electric vehicle market that have defined his recent financial narrative.

Leo is a man of complex ideas, often discussing what he calls “KQID Time Engine,” a philosophical framework he developed. In recent years, he has shifted his focus toward massive philanthropic endeavours, particularly in China. He has donated tens of millions of dollars to prestigious institutions like Peking University and Shanghai Jiao Tong University, with law schools and libraries named in his honour. His presence in Singapore, marked by his purchase of the city’s most expensive penthouse from James Dyson, has made him a figure of intense interest. Despite reducing his stake in Tesla in late 2024, he remains a significant force in the global investment community, blending tech-sector wealth with a deep interest in fundamental science and law.

10. Zhang Yong & Shu Ping

Zhang Yong and his wife Shu Ping are the founders of Haidilao, the world-famous Sichuan hotpot chain known for its legendary customer service. The couple relocated to Singapore and became citizens, bringing their entrepreneurial energy to the city-state. Haidilao’s success is built on a culture that treats employees with exceptional care, which in turn leads to the high-quality service that customers experience. In 2025, the company successfully rebounded from pandemic-related challenges, with its international arm, Super Hi International, listing on the Nasdaq to fuel further global expansion.

The couple’s journey from humble beginnings in China to the top of Singapore’s rich list is an inspiration to many. Zhang Yong is known for his innovative approach to restaurant management, including the use of robotic kitchens and automated serving systems to improve efficiency and hygiene. Shu Ping plays a crucial role in the company’s strategic planning and international operations. Despite their wealth, they are known to maintain a relatively grounded lifestyle, focusing on the long-term sustainability of their business and the well-being of their global workforce. Their story highlights the power of a customer-centric business model in building a global brand.

11. Lee Family

The Lee family is synonymous with the founding of OCBC Bank, one of Singapore’s most venerable financial institutions. The late Lee Kong Chian, often referred to as the “Rubber King,” was a visionary who merged several banks to form OCBC and established the Lee Foundation, which remains Singapore’s wealthiest philanthropic organisation. Today, the family’s influence is felt through their significant stakes in OCBC and various other blue-chip companies. Their approach to business has always been characterised by extreme prudence and a commitment to long-term stability rather than short-term gains.

The Lee Foundation is a pillar of Singaporean society, having disbursed billions of dollars over several decades to education, healthcare, and social welfare. In 2025, the foundation continues to be a major donor to universities and medical research institutes. The family itself maintains a very low profile, avoiding the limelight and focusing on their multi-generational legacy of service. Their conservative investment strategy has enabled OCBC to remain one of the world’s strongest and most reliable banks, a testament to the family’s enduring values of integrity and foresight.

12. Kwee Brothers

The four Kwee brothers (Kwee Liong Keng, Kwee Liong Tek, Kwee Liong Seen, and Kwee Liong Phing) own the Pontiac Land Group, a developer known for its ultra-luxury properties. Their portfolio includes the iconic Ritz-Carlton Millenia and the Capella Hotel in Singapore, the latter of which famously hosted the historic summit between Donald Trump and Kim Jong-un. In 2025, the group has expanded its “Capella” brand globally, with new openings in Sydney and several island destinations, solidifying their reputation as masters of high-end hospitality.

The Kwee brothers are also major collectors of contemporary art, and their properties are often designed around significant art installations. This focus on aesthetic excellence and meticulous detail has made Pontiac Land a preferred partner for global luxury brands. Their business model focuses on owning and managing high-quality assets over the long term, rather than rapid development and sale. This strategy has provided them with a very stable source of recurring income. Like many of Singapore’s elite, they are active in philanthropy, supporting various arts and heritage initiatives that enrich the city’s cultural life.

13. Gang Ye

Gang Ye is the co-founder and Chief Operating Officer of Sea Limited, making him a key architect of the company’s regional dominance. An alumnus of Carnegie Mellon University and a former official at the Economic Development Board of Singapore, Ye brings a disciplined, data-driven approach to the group’s operations. While Forrest Li is often the public face of Sea Limited, Ye is widely credited with the operational excellence that allowed the company to scale so rapidly across diverse markets in Southeast Asia and Latin America.

Ye’s wealth is tied directly to Sea Limited’s performance, and, like Forrest Li, he saw a significant recovery in his net worth in 2024 and 2025 as the company achieved consistent profitability. He is known for his deep technical expertise and his ability to navigate complex regulatory environments across the region. Despite his immense success, Ye remains a relatively private individual, focusing his energy on the day-to-day challenges of running a massive tech conglomerate. His career trajectory, moving from the public sector to the pinnacle of the tech world, is a prime example of the talent and ambition that Singapore attracts and nurtures.

14. Kuok Khoon Hong & Family

Kuok Khoon Hong is the co-founder, chairman, and CEO of Wilmar International, the world’s largest palm oil processor and a major global player in the agribusiness sector. A nephew of the legendary Malaysian tycoon Robert Kuok, Khoon Hong has built Wilmar into a vertically integrated powerhouse that handles everything from plantations and refining to the distribution of consumer food products. In 2025, Wilmar is navigating the complex challenges of sustainable agriculture, with Khoon Hong leading a significant restructuring of the company’s sustainability and risk management committees.

His business strategy is defined by a deep understanding of commodity cycles and a relentless focus on operational efficiency. Wilmar’s vast logistics network and its strong presence in China through its subsidiary, Yihai Kerry Arawana, have made it a critical link in the global food supply chain. Khoon Hong is also known for his philanthropic work, particularly in supporting education and healthcare in rural communities where Wilmar operates. He has a reputation for being a hands-on leader who is not afraid to venture into challenging markets to secure the company’s future growth.

15. Lien Family

The Lien family’s fortune was established by the late Lien Ying Chow, the founder of Overseas Union Bank (OUB), which was later merged with United Overseas Bank. Today, the family is best known for the Lien Foundation, a trailblazer in social innovation and philanthropy. Unlike many traditional foundations, the Lien Foundation is known for its radical transparency and its willingness to tackle difficult or taboo subjects, such as death and dying, through its work in palliative care.

The foundation’s “Gym Tonic” programme, which provides strength training for seniors to combat frailty, has become a model for active ageing in Singapore. In 2025, the family continues to push for systemic changes in the eldercare and early childhood education sectors. Their approach is characterised by a desire to “do good better,” using evidence-based research and creative advocacy to influence public policy. The family’s transition from a banking dynasty to a force for social change is a unique example of how generational wealth can be reimagined for the benefit of the wider community.

16. Raj Kumar & Kishin RK

The father-and-son duo of Raj Kumar and Kishin RK owns Royal Holdings and RB Capital, respectively. Together, they are among Singapore’s most significant private landlords, with a portfolio that includes prime retail and hospitality assets. Kishin RK has been particularly active in modernising the family business, launching TiffinLabs, a global food technology company that operates “cloud kitchens” to meet the growing demand for food delivery.

In 2025, the duo expanded their reach into the Middle East by establishing a family office in Abu Dhabi to tap into new investment opportunities. This move reflects their strategic vision of diversifying beyond the Singaporean market while maintaining their core focus on real estate. Their developments are known for being cutting-edge and often revitalise the areas in which they are located. Despite their high-profile projects, they maintain a focus on long-term value creation and have been active in supporting local startups through mentorship and funding.

17. Arvind Tiku

Arvind Tiku is the founder of AT Capital Group, a private investment firm with interests in renewable energy, real estate, and commodities. Born in India and a resident of Singapore, Tiku’s career began in the oil and gas industry in Kazakhstan before he pivoted toward sustainable energy. In 2025, his renewable energy arm, Juniper Green Energy, has become a major player in India’s green transition, recently filing for a significant initial public offering to fund further wind and solar projects.

Tiku’s investment philosophy is based on identifying long-term trends and backing them with patient capital. His real estate projects in Europe and India focus on high-quality residential and commercial spaces that meet the needs of a modern workforce. Despite his global business interests, Tiku is known for his relatively low-profile lifestyle in Singapore. He is an active philanthropist, supporting educational initiatives in both India and Singapore, reflecting his belief that access to quality education is the most effective way to empower individuals and drive economic growth.

18. Richard Chandler

Richard Chandler is a New Zealand-born billionaire who moved his investment headquarters, the Clermont Group, to Singapore. Chandler is a contrarian investor who has built a fortune by taking bold positions in emerging markets and industries. In recent years, he has become a leading figure in the “green aviation” movement through his investments in magniX and Eviation. The latter developed the “Alice,” a fully electric commuter aircraft that represents the future of sustainable regional travel.

Beyond aviation, the Clermont Group is heavily involved in healthcare through Hoan My, Vietnam’s largest private hospital network. Chandler’s vision for healthcare is driven by the use of technology and AI to improve patient outcomes and reduce costs. His approach to business is deeply philosophical, often writing about the concept of “The Goodness of Business” and the moral responsibility of wealth. His presence in Singapore has added a unique dimension to the city’s investment landscape, blending high-stakes finance with a commitment to solving global challenges like climate change and healthcare access.

19. Choo Chong Ngen

Choo Chong Ngen is the founder of the Hotel 81 chain, which has evolved into the Worldwide Hotels Group. Choo started his career in the textile industry before spotting a gap in the market for affordable, no-frills accommodation in Singapore. Over the decades, he has built a massive portfolio of over 50 hotels, making him the owner of more hotel rooms than anyone else in the city-state. In 2025, the group, now led by his daughter Carolyn Choo, is expanding its “lean luxury” concept into international markets like Australia and Japan.

Choo is known for his incredible work ethic and his focus on value. He remains a hands-on owner, frequently visiting his properties to ensure that standards are maintained. Despite his immense wealth, he is known for his frugality and his commitment to philanthropy, particularly in the form of bursaries and scholarships for students from low-income families. His story is a testament to the opportunities available in Singapore for those with a clear vision and the persistence to see it through.

20. Robert Friedland

Robert Friedland is a legendary mining financier and the founder of Ivanhoe Mines. A dual US- and Canadian-citizen residing in Singapore, Friedland is known for his ability to discover and develop massive mineral deposits in some of the world’s most challenging environments. His current focus is on “green metals” like copper and nickel, which are essential for the global transition to electric vehicles and renewable energy. Ivanhoe’s Kamoa-Kakula project in the Democratic Republic of Congo is one of the largest and highest-grade copper mines in the world.

Friedland is a charismatic figure who is often a headline speaker at global mining and investment conferences. He is a vocal advocate for “ethical mining” and the importance of secure supply chains for the energy transition. In 2025, his work continues to be critical as the world faces a potential shortfall in the minerals needed to meet climate goals. His base in Singapore allows him to bridge the gap between Western capital and Asian demand, particularly from China’s massive manufacturing sector. A unique combination of geological intuition and financial brilliance has defined his career.

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Frequently Asked Questions

Who is currently the richest person in Singapore?

As of late 2025, Eduardo Saverin, the co-founder of Meta, holds the title of the wealthiest individual in Singapore, largely due to his significant holdings in the tech giant and his successful venture capital investments.

Which industries dominate the wealth of Singapore’s billionaires?

Real estate and banking remain the traditional pillars of wealth in Singapore, represented by families like the Ngs and the Wees. However, there is a growing presence of billionaires from the technology, healthcare, and green energy sectors.

Are all the billionaires on this list Singaporean citizens?

While many were born in Singapore, the list also includes naturalised citizens like Li Xiting and Zhang Yong, as well as permanent residents like Eduardo Saverin and Richard Chandler, reflecting Singapore's status as a global hub for talent.

How do these billionaires contribute to society?

Most of the individuals on this list have established significant philanthropic foundations, such as the Lee Foundation and the Lien Foundation, which support education, healthcare, and social welfare both locally and internationally.

What is the trend for billionaire wealth in Singapore in 2025?

The trend shows a recovery in tech-related wealth following the volatility of previous years, alongside a significant push toward sustainable and socially responsible investments in real estate and energy.

Billionaires In Singapore

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Tanglin | Bukit Timah | Sentosa Island