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List Of Singaporeans By Net Worth
This is a list of Singaporean billionaires based on an annual assessment of wealth and assets compiled and published by ''Forbes'' magazine in 2023. Most of them are businessmen. Many of them got their wealth from the real estate industry. 2023 Singapore’s 50 Richest list References {{DEFAULTSORT:Singaporeans by net worth Lists of people by wealth Net worth Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net ... Economy of Singapore-related lists ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Overseas Bank
United Overseas Bank Limited (), often known as UOB, is a Singaporean multinational banking corporation headquartered in Singapore, with branches mostly found in most Southeast Asian countries. Founded in 1935 as United Chinese Bank (UCB) by Sarawak businessman Chew Teck Weng, the bank was set up together with a group of Chinese-born businessmen. The bank is the third largest bank in Southeast Asia by total assets. UOB provides commercial and corporate banking services, personal financial services, private banking and asset management services, as well as corporate finance, venture capital, investment, and Insurance services. It has 68 branches in Singapore and a network of more than 500 offices in 19 countries and territories in Asia Pacific, Western Europe and North America. History On 6 August 1935, businessman Wee Kheng Chiang, together with six other friends, established the bank after raising S$1 million. The bank was named ''United Chinese Bank (UCB)'' to emphasi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forrest Li
Forrest Li Xiaodong (born 1977 or 1978), is a Chinese-born Singaporean billionaire businessman. He is the founder, chairman and chief executive officer of Sea Limited, a company with subsidiaries including Garena and Shopee. He is also the Chairman of Lion City Sailors FC, a subsidiary of Sea Limited. Biography Li earned a bachelor's degree in engineering from Shanghai Jiaotong University, and an MBA from Stanford Graduate School of Business. Li did not come from generational wealth; Li was $100,000 in student loan debt and along with his wife previously lived in a single bedroom within a three-room public housing HDB flat at Braddell. He later decided to settle permanently in Singapore, taking up citizenship. Li's first company was Garena in 2009. At the time, the company had only operated out of a single shophouse off Maxwell Road at Tanjong Pagar. In March 2019, after the share price of his consumer internet company Sea Ltd increased by 45%, Li's net worth increased to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ivanhoe Mines
Ivanhoe Mines is a Canadian mining company focused on advancing its three principal projects in Southern Africa: the development of new mines at the Kamoa-Kakula copper discoveries in the Democratic Republic of Congo (DRC), the Platreef palladium-platinum-nickel-copper-rhodium-gold discovery in South Africa, and the extensive redevelopment and upgrading of the historic Kipushi zinc-copper-germanium-silver mine, also in the DRC. Ivanhoe also is exploring for new copper discoveries on its wholly owned Western Foreland exploration licences in the DRC, near the Kamoa-Kakula Project. History In October 2012, the company held an IPO on the Toronto Stock Exchange, raising $300 million, and valuing the company at $2.5 billion. In August 2013 the company changed its name to Ivanhoe Mines, taking advantage of Friedland's right to that name. In 2015, Ivanhoe sold half of its interest in the Kamoa copper project to Zijin Mining Group, a Chinese mining company, for US$412 million. In Apri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Friedland
Robert Martin Friedland (August 18, 1950) is an American/Canadian billionaire financier in the mining industry. Since the early 1980s, he has specialized in securing funding for the exploration and development of mineral and energy resources and technology ventures. He is the founder and chairman of his private, family-owned firm, Ivanhoe Capital Corporation, which is active in capital markets, focused on emerging markets. He is the founder and co-chairman of Ivanhoe Minesa Canadian public company listed on the Toronto and OTCQX exchanges. Early life Robert Friedland was born in Chicago, Illinois, the eldest of three children born to immigrant parents Ilona (née Muller) and Albert Friedland. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clermont Group
The Clermont Group is a Singapore-based conglomerate with interests in many parts of the world, and includes both operational businesses and financial investments. Headed by founder and Chairman, Richard Chandler, Clermont was established in 2006 following the demerger of the (US$6 billion NAV) investment portfolio Chandler held with his brother, Christopher, which had operated as Sovereign Global since 1986. Richard Chandler has a long history of advocating for good corporate governance, and has compiled his corporate governance principles in his publication, ''Goodness of Business.'' Introduction The Clermont Group has two divisions – Clermont Holdings and Clermont Capital. Clermont Holdings builds operating businesses in healthcare, financial services and technology. Clermont Capital seeks opportunities in public and private equity markets, combining value investing with identifying economic cycles, often investing in volatile markets. In 2018, the Clermont Group open ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richard Chandler (businessman)
Richard Fred Chandler (born 1958/59) is a New Zealand-bornThe Secrets of Sovereign '''', March 2006. businessman. He is chairman of the Clermont Group, a Singapore-based business group that invests in public and private companies across a range of industries, including energy, financial services, consumer, and healthcare. Chandler "has a reputation for buying struggling companies and successfully rebuilding them," according to Australian Broadcasting Corpo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wilmar International
Wilmar International Limited (); is a Singaporean food processing and investment holding company with more than 300 subsidiary companies. Founded in 1991, it is one of Asia's leading agribusiness groups alongside the COFCO Group. It ranks amongst the largest listed companies by market capitalisation on the Singapore Exchange (SGX), being the second largest as of September 2010. It was ranked 211th in the Fortune Global 500 list in 2020. It was ranked 3rd in the World's Most Admired Company (Food Production) by ''Fortune'' in 2019. Wilmar International business activities include oil palm cultivation, edible oils refining, oilseeds crushing, consumer pack edible oils processing and merchandising, specialty fats, oleochemicals, and biodiesel manufacturing, grains processing and merchandising, and sugar milling and refining. In 2021, Wilmar placed 2nd on FoodTalks' Global Top 30 Specialty Oil Companies list. It has over 500 manufacturing plants and an extensive distribution network c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kuok Khoon Hong
Kuok Khoon Hong (; born 1949) is a Singaporean business magnate, entrepreneur and philanthropist. He is the co-founder, chairman and CEO of Wilmar International (), having built it into one of Asia's leading agribusiness groups, and the world's largest palm oil trader. He is also the Chairman of Perennial Real Estate Holdings Ltd. He has an estimated net worth of US$3.7 billion as of Jan 2021. Career Kuok earned a Bachelor of Commerce degree from the McGill University in 1973 and began his career trading soft commodities at Kuok Oils and Grains. He eventually became managing director of Kuok Oils and Grains, and developed the Pasir Gudang Edible Oils refining complex in Johor, followed by China's first edible oil refinery, South Seas Oils and Fats. In 1991, he left the Kuok Group to start Wilmar, with Chinese Indonesian businessman Martua Sitorus soon after coming on board as a co-founder. Starting as a small commodities trading company with S$2m in seed capital from the mort ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OCBC Bank
Oversea-Chinese Banking Corporation, Limited (), often known as OCBC Bank (), is a Singaporean multinational banking and financial services corporation headquartered in OCBC Centre, Singapore. OCBC Bank was born out of the Great Depression through the consolidation of three banks in 1932 — the Chinese Commercial Bank Limited (incorporated in 1912), the Ho Hong Bank Limited (incorporated in 1917) and the Oversea-Chinese Bank Limited (incorporated in 1919). OCBC Bank has assets of more than S$521.3 billion, making it the second largest bank in Southeast Asia by assets and among the larger banks in Asia-Pacific. It is also one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- rating from Standard & Poor's. OCBC Bank is consistently ranked amongst the top five "safest banks in the world" by the magazine '' Global Finance''. The Asian Banker named OCBC Bank Singapore's strongest bank for 2018-2019, and the 5th strongest in Asia-Pacific. The ban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lee Kong Chian
Lee Kong Chian (; 18 October 1893 – 2 June 1967), also known by his alias Lee Geok Kun (), was a prominent Chinese businessman and philanthropist based in Malaya and Singapore between the 1930s and the 1960s. He was the founder of the Lee Foundation and one of the richest men in Southeast Asia in the 1950s and 1960s. He was also a son-in-law of Tan Kah Kee, another well-known Chinese businessman and philanthropist based in Southeast Asia. Early life and career Lee was born in Furong Village in Nan'an, Fujian, towards the end of the Qing dynasty. His father was Lee Kuo Chuan (). Lee received his early education in private schools in his hometown. In 1903, at the age of 10, he came to Singapore, then a British colony, to join his father. He studied at the defunct Anglo-Tamil School, and Chung Cheng High School. Lee returned to the Qing dynasty in 1909 to complete his education under a scholarship, but had to end it in 1911 when the Xinhai Revolution broke out. In China, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kwee Family (Pontiac)
The Kwee family is a Singaporean family that owns the Pontiac Land Group, a privately held luxury real estate developer and hotel owner based in Singapore. The Kwee brothers Kwee Liong Keng, Kwee Liong Tek, Kwee Liong Seen and Kwee Liong Phing collectively run the group. Family overview Henry Kwee Hian Liong (郭贤良 in Chinese), father of the Kwee brothers, was a Chinese-Indonesian textile trader and real estate developer who migrated from Yuxi Town Fuqing City, Fujian Province, China, to Singapore in 1958. He founded Kwee Inc. Pte Ltd in 1959 and the Pontiac Land Group (PLG) in 1961. Henry Kwee died in 1988. Kwee Liong Keng is the eldest of the Kwee brothers and serves as the managing director of PLG. Kwee Liong Keng is married to Chua Lee Eng, from the Chua family that founded Cycle and Carriage. He also served as Singapore's Non-Resident Ambassador to the Republic of Poland, among other public service positions. Kwee Liong Tek is the chairman of the Group. Kwee Liong See ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
