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Get to know Singapore's richest people and their families
An honorable member of the Coffee Shop Has Just Posted the Following:
Get to know Singapore's richest people and their families Singapore - American business magazine Forbes has compiled a list of Singapore's 40 richest people. The list was compiled based on the individual's net worth calculated in July 2012. At the top of the list are brothers Robert and Philip Ng, with a net worth of $10.1 billion. The brothers are real estate tycoons handling the family estate inherited from their late father Ng Teng Fong. This includes development corporations Far East Organisation and Sino Group. The bulk of their wealth stems from Tsim Sha Tsui Properties which is helmed by elder brother Robert in Hong Kong, says Forbes. The Khoo family, emerging second on Forbes' wealthy list, own a net fortune of $6.7 billion left behind the late banker Khoo Teck Puat in 2004. The family of banking tycoons also control the Goodwood Group of Hotels and frequently donate to various causes in Khoo Teck Puat's name. Also on the list of Singapore's richest is Kwek Leng Beng and his family. Kwek is the executive chairman of Hong Leong Group Singapore, a globally diversified firm encompassing international operations of more than 500 companies. His cousin, Malaysian billionaire Quek Leng Chan heads Hong Leong Group Malaysia. The family's net worth stands at $2.4 billion. Satinder Garcha is the youngest on the richest list at just 42, with a net worth of $315 million. The self-made multi-millonaire is best known for developing luxury landed homes on Sentosa Cove and Good Class Bungalows, and was recently reported to be venturing into the high-end boutique hotels business with a hotel management company called Garcha Hotels. Here's a list of Singapore's 40 richest people, according to Forbes. 1. Robert Ng & Philip Ng 2. Khoo family 3. Wee Cho Yaw 4. Kwee brothers 5. Richard Chandler 6. Kwek Leng Beng & family 7. Kuok Khoon Hong 8. Eduardo Saverin 9. Peter Lim 10. Ong Beng Seng & Christina Ong 11. Raj Kumar & Kishin RK 12. Zhong Sheng Jian 13. Lee Seng Wee 14. Sam Goi 15. Koh Wee Meng 16. Lim Oon Kuin 17. Tang Wee Kit 18. Lien family 19. Asok Kumar Hiranandani 20. Tan Boy Tee 21. Chang Yun Chung 22. Oei Hong Leong 23. Bhupendra Kumar Modi 24. Ho family 25. Choo Chong Ngen 26. Michael Kum 27. John Chuang 28. Peter Fu Chong Cheng 29. Loo Choon Yong 30. Henry Ng 31. Chua Thian Poh 32. Ow Chio Kiat 33. Ron Sim 34. Cheng Wai Keung 35. Lim Hock Chee 36. Yao Hsiao Tung 37. Satinder Garcha 38. John Lim 39. Olivia Lum 40. Ho Kwon Ping Click here to view the whole thread at www.sammyboy.com. |
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