Singapore's wealthiest individuals reach an unprecedented RM1.05 trillion, with Facebook co-founder Saverin leading the way at RM181.7 billion.

Singapore's wealthiest individuals reach an unprecedented RM1.05 trillion, with Facebook co-founder Saverin leading the way at RM181.7 billion.

In a testament to Singapore's thriving economy, the combined wealth of the city-state's 50 richest individuals and families has reached a record high of US$239 billion (RM1.05 trillion). This significant increase is attributed to stronger-than-expected economic growth, buoyant tech and property markets.

At the top of the list for a third consecutive year is Eduardo Saverin, a Facebook co-founder and longtime Singapore resident, whose net worth has increased by US$14 billion to US$43 billion. The surge in Meta Platforms' shares, driven by an AI-driven advertising boom, has played a significant role in this growth.

Kwek Leng Beng and his family have risen to second place with a fortune of US$14.3 billion. Forrest Li, the Chairman of the city-state's largest e-commerce platform Shopee, joined the billionaires' club with US$2 billion, securing him a spot in the top 10.

A new entry in fourth place is the Goh family, heirs of paints tycoon Goh Cheng Liang, with a fortune of US$13.1 billion. COO Gang Ye also climbed to US$6 billion. The Ng family of Pan-United returned to the rankings after a seven-year gap with a wealth of US$1 billion.

Razer's Min-Liang Tan increased his fortune to US$1.7 billion, while Teo Swee Ann of Espressif Systems is worth US$1.5 billion. The top 10, according to Forbes, are as follows:

1. Eduardo Saverin (US$43 billion)
2. Kwek Leng Beng (US$14.3 billion)
3. Robert & Philip Ng (US$14.1 billion)
4. Goh family (US$13.1 billion)
5. Li Xiting (US$13 billion)
6. Forrest Li (US$11.2 billion)
7. Khoo family (US$10.1 billion)
8. Wee family (US$10 billion)
9. Leo Koguan (US$8.2 billion)
10. Zhang Yong & Shu Ping (US$7.8 billion)

41 of the 50 listees saw their fortunes rise, with the cut-off for inclusion rising to a record US$1 billion. Singapore's economy grew 4.3% in the first half of 2025, due in part to an "export overdrive" despite global tariff uncertainties. This growth has undoubtedly contributed to the record wealth of Singapore's richest individuals and families.

Read also:

• Impact of Alcohol on the Human Body: Nine Aspects of Health Alteration Due to Alcohol Consumption
• Understanding the Concept of Obesity
• Microbiome's Impact on Emotional States, Judgement, and Mental Health Conditions
• Perpetual Reason for Donning Sunglasses