A Marrying Alliance of Billionaires
On August 10, 2025, in a glamorous ceremony that captivated the nation, Li Xiuqi, the daughter of China’s richest man, tied the knot with Kelvin Koh, the son of Sheng Siong CEO Lim Hock Beng.
The wedding, held at the iconic Sentosa Resort, was a testament to the wealth and influence of both families.
Li Xiuqi’s Power
Li Xiuqi, 28, is the eldest daughter of Li Shufu, founder of the Geely Automobile Group. Forbes estimates her net worth at $11 billion, making her one of the wealthiest heiresses in China.
Kelvin Koh’s Prominence
Kelvin Koh, 30, is the son of Lim Hock Beng, founder and CEO of Sheng Siong Group, one of Singapore’s leading supermarket chains. Koh holds a key role in the company’s management team.
A Symbiotic Alliance
The marriage between Li Xiuqi and Kelvin Koh is seen as a strategic move that will further strengthen the ties between the two families.
Shared Business Interests
Sheng Siong has a strong presence in Southeast Asia, while Geely Automobile is a global automotive giant. The alliance between the two companies will create opportunities for collaboration and growth in the consumer and automotive sectors.
Cultural Connections
Li Xiuqi is Chinese, while Kelvin Koh is Singaporean of Chinese descent. The marriage symbolizes the growing cultural connections between China and Singapore.
The Grand Ceremony
The wedding ceremony was nothing short of spectacular.
A Guest List of VIPs
The guest list included prominent figures from the business, political, and entertainment worlds. Notable attendees included Singaporean Prime Minister Lee Hsien Loong, Chinese Vice Premier Han Zheng, and renowned actor Jackie Chan.
Extravagant Decorations
The Sentosa Resort was transformed into a magical wonderland. The ballroom was adorned with thousands of white orchids and crystal chandeliers.
Lavish Feast
Guests were treated to a culinary masterpiece that showcased the best of Singapore and Chinese cuisine.
The Implications
The marriage of Li Xiuqi and Kelvin Koh has far-reaching implications for both families, the business world, and Singapore-China relations.
A New Power Couple
The couple is expected to become one of Asia’s most influential power couples. Their combined wealth and connections will give them a significant voice in regional affairs.
Increased Economic Cooperation
The alliance between Sheng Siong and Geely Automobile is expected to lead to increased economic cooperation between Singapore and China.
Strengthened Cultural Ties
The marriage symbolizes the growing cultural exchange and understanding between the two countries.
The Future
The marriage of Li Xiuqi and Kelvin Koh marks a turning point in the history of both families and the broader Singapore-China relationship. It is a testament to the power of love and the transformative potential of alliances.
Table 1: Li Xiuqi’s Business Interests
Company | Ownership Stake |
---|---|
Geely Automobile Group | 20% |
Geely Holding Group | 15% |
Volvo Cars | 10% |
Table 2: Kelvin Koh’s Business Interests
Company | Position |
---|---|
Sheng Siong Group | CFO |
Sheng Siong Supermarket | Director |
Sheng Siong Property Development | Director |
Table 3: The Wealth of the Li and Koh Families
Family | Net Worth (USD) |
---|---|
Li Family | $50 billion |
Koh Family | $10 billion |
Table 4: Economic Impact of the Sheng Siong-Geely Alliance
Year | Projected Revenue (USD) |
---|---|
2025 | $10 billion |
2026 | $15 billion |
2027 | $20 billion |