10 Richest Men in Singapore
Singapore, boasting a vibrant business environment and a highly skilled workforce, has nurtured a crop of exceptional individuals who have amassed substantial wealth through entrepreneurship and astute investments. Here’s an exclusive look into the lives and fortunes of the 10 wealthiest men in Singapore in 2025, according to Forbes Asia:
1. Forrest Li
- Net worth: $17.8 billion
- Co-founder and CEO of Sea Group (NYSE: SE), an e-commerce and mobile gaming giant
- Li’s innovative business models have propelled Sea Group to become one of the largest internet companies in Southeast Asia. The company’s e-commerce platform, Shopee, and its mobile game, Free Fire, are exceptionally popular in the region.
2. Zhang Yong
- Net worth: $13.7 billion
- Co-founder and CEO of Haidilao International Holding (HKEX: 6862), a global hot pot restaurant chain
- Zhang’s exceptional customer service and innovative dining concepts have made Haidilao a worldwide phenomenon. The company’s stock has surged since its IPO in 2018, further boosting Zhang’s wealth.
3. Li Xiting
- Net worth: $12.5 billion
- Chairman of Shenzhen Mindray Bio-Medical Electronics (SZSE: 300760), a leading medical device manufacturer
- Li has overseen Mindray’s transformation into a global leader in the healthcare technology industry. The company’s patient monitors, diagnostic systems, and in-vitro diagnostics are widely used in hospitals worldwide.
4. Eduardo Saverin
- Net worth: $10.7 billion
- Co-founder of Facebook (META)
- Saverin’s early investment in Facebook has made him a multi-billionaire. He remains a major shareholder in the social media giant and is actively involved in venture capital and technology investments.
5. James Dyson
- Net worth: $8.9 billion
- Founder and CEO of Dyson, a British technology company specializing in vacuum cleaners, hairdryers, and air purifiers
- Dyson’s innovative products have revolutionized home appliances and made him one of the wealthiest inventors in the world. His company is headquartered in Singapore and employs a significant number of engineers and researchers.
6. Peter Lim
- Net worth: $8.5 billion
- Owner of Girona FC, a Spanish football club
- Lim’s investments in sports, oil and gas, and real estate have significantly contributed to his wealth. He is known for his lavish lifestyle and extensive art collection.
7. Wee Cho Yaw
- Net worth: $8.2 billion
- Co-founder and Chairman of United Overseas Bank (SGX: U11), one of the largest banks in Singapore
- Wee’s contributions to the banking industry and his philanthropic endeavors have earned him widespread recognition. He is an active supporter of education, healthcare, and community development initiatives.
8. Goh Cheng Liang
- Net worth: $7.9 billion
- Chairman of Nippon Paint Holdings (TYO: 4612), the world’s largest paint manufacturer
- Goh’s leadership has transformed Nippon Paint into a global powerhouse with a presence in over 50 countries. He is actively involved in corporate social responsibility initiatives and has supported numerous educational and environmental projects.
9. Kwek Leng Beng
- Net worth: $7.6 billion
- Executive Chairman of City Developments Limited (SGX: C09), a leading real estate developer
- Kwek’s visionary projects have reshaped Singapore’s skyline. He is known for his architectural innovations and his commitment to sustainable development.
10. Robert Ng
- Net worth: $7.3 billion
- Founder and CEO of Far East Organization, a real estate giant with a portfolio spanning Singapore, Malaysia, Australia, and the United Kingdom
- Ng’s savvy investments and entrepreneurial spirit have played a pivotal role in Far East Organization’s success. He is a strong advocate for urban planning and community development.
Conclusion
The extraordinary wealth of these individuals is a testament to their business acumen, entrepreneurial spirit, and commitment to innovation. Their success has not only contributed to their personal fortunes but has also made Singapore a global financial hub and a center for technological advancement. As the economy continues to grow and new industries emerge, it will be fascinating to see how the list of Singapore’s wealthiest men evolves in the years to come.
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Tables
Table 1: Top 10 Richest Men in Singapore (2025)
| Rank | Name | Net Worth (USD) | Source of Wealth |
|---|---|---|---|
| 1 | Forrest Li | $17.8 billion | Sea Group (e-commerce, mobile gaming) |
| 2 | Zhang Yong | $13.7 billion | Haidilao International Holding (hot pot restaurants) |
| 3 | Li Xiting | $12.5 billion | Shenzhen Mindray Bio-Medical Electronics (medical devices) |
| 4 | Eduardo Saverin | $10.7 billion | Facebook (social media) |
| 5 | James Dyson | $8.9 billion | Dyson (home appliances) |
| 6 | Peter Lim | $8.5 billion | Girona FC (football club), sports, oil and gas, real estate |
| 7 | Wee Cho Yaw | $8.2 billion | United Overseas Bank (banking) |
| 8 | Goh Cheng Liang | $7.9 billion | Nippon Paint Holdings (paint manufacturing) |
| 9 | Kwek Leng Beng | $7.6 billion | City Developments Limited (real estate) |
| 10 | Robert Ng | $7.3 billion | Far East Organization (real estate) |
Table 2: Key Pain Points Addressed by the Wealthiest Men in Singapore
| Pain Point | Related Industries | Key Initiatives |
|---|---|---|
| Lack of affordable healthcare | Medical devices | Investment in innovative medical technologies and research |
| Environmental degradation | Real estate | Sustainable development practices and energy-efficient buildings |
| Urban congestion | Transportation | Investment in public transportation and smart city solutions |
| Limited access to education | Technology, e-commerce | Online learning platforms and affordable educational resources |
| Job displacement due to automation | Robotics, AI | Investment in skills development and retraining programs |
Table 3: Motivations and Values of Singapore’s Wealthiest Men
| Motivation | Value |
|---|---|
| Achievement | Excellence, innovation |
| Legacy | Philanthropy, community development |
| Impact | Sustainable business practices, social responsibility |
| Curiosity | Exploration, knowledge seeking |
| Adventure | Risk-taking, embracing challenges |
Table 4: How the Wealthiest Men in Singapore Matter
| Benefit | Impact |
|---|---|
| Job creation | Economic growth, reduced unemployment |
| Technological advancement | Innovation, improved quality of life |
| Philanthropic efforts | Social welfare, healthcare, education |
| Investment in Singapore | Economic diversification, global business hub |
| Role models for future generations | Inspiration, encouragement to pursue entrepreneurial goals |
FAQs
1. What is the source of wealth for most of Singapore’s wealthiest men?
Most of the wealthiest men in Singapore have made their fortunes in the technology, real estate, and finance industries.
2. How has the COVID-19 pandemic affected the wealth of Singapore’s richest individuals?
The pandemic has had a mixed impact on the wealth of Singapore’s wealthiest individuals. Some, such as those involved in e-commerce and technology, have seen their fortunes grow, while others have experienced losses due to the economic downturn.
3. What are the philanthropic endeavors of Singapore’s wealthiest men?
Many of Singapore’s wealthiest men are active philanthropists, supporting causes such as education, healthcare, community development, and the arts. They often establish foundations or donate to charitable organizations.
4. What is the average age of Singapore’s wealthiest men?
The average age of Singapore’s wealthiest men is approximately 60 years old.
5. What are the challenges faced by Singapore’s wealthiest men?
Some of the challenges faced by Singapore’s wealthiest men include:
* Managing their wealth and investments
* Preserving their legacy
* Finding meaningful ways to contribute to society
* Balancing their business and personal lives
6. What are the future opportunities for Singapore’s wealthiest men?
Singapore’s wealthy individuals have a number of opportunities for future growth, such as:
* Investing in emerging industries, such as artificial intelligence and biotechnology
* Expanding their businesses globally
* Supporting sustainable development and environmental initiatives
* Pursuing philanthropic endeavors that make a meaningful impact on society
