Press Esc to close
Thursday 30 October 2014
News updated at 7:06 PM IST
Weather
Max: 0°C
Min : 0°C
In Bangalore
Sunny day

Singapore has record number of billionaires

Singapore, Aug 29, 2013 (IANS)

Singapore has a record number of 21 billionaires, according to the latest Forbes rich list.
The number was 16 last year, Xinhua reported.


Robert and Philip Ng, sons of the late Far East Organisation founder Ng Teng Fong, retained their top position on the list, with their estimated net wealth at $10.6 billion, up from $9.2 billion last year.

Kwek Leng Beng, chairman of City Developments, saw the biggest rise in his net wealth. His ranking also jumped to the second spot from number six. He has a net worth of $7.1 billion, up from $2.4 billion.


The Khoo family kept its number three spot, with a net worth of $6.7 billion.

The combined net wealth of Singapore's 50 richest is $80 billion.

Forbes said the list was compiled using shareholding and financial information. Unlike the Forbes billionaire rankings, the list includes family fortunes, including those shared among extended families.

Go to Top

Photo Gallery
Devotees offer prayers during Chhath festival celebrations at Galta Kund in Jaipur...

Devotees offer prayers during Chhath festival celebrations at Galta Kund in Jaipur...

Dipika Pallikal in action against Japan's Misaki Kobayashi in finals of JSW-PSA...

Dipika Pallikal in action against Japan's Misaki Kobayashi in finals of JSW-PSA...

Delhi Dynamos FC (orange) and North East United FC (white) players in action during...

Delhi Dynamos FC (orange) and North East United FC (white) players in action during...

President Pranab Mukherjee during the conference of directors of National Institutes...

President Pranab Mukherjee during the conference of directors of National Institutes...

Army personnel take position during a search operation of Lashkar-e-Taiba hideouts...

Army personnel take position during a search operation of Lashkar-e-Taiba hideouts...

Workers build the stage at the Wankhede stadium for the swearing in ceremony...

Workers build the stage at the Wankhede stadium for the swearing in ceremony...

Sri Lankan team during practice session before the match against India A...

Sri Lankan team during practice session before the match against India A...

Bollywood actor Shah Rukh Khan with filmmaker Farah Khan, actors Boman Irani...

Bollywood actor Shah Rukh Khan with filmmaker Farah Khan, actors Boman Irani...

Vehicles ply at Rajpath as fog covers it in New Delhi...

Vehicles ply at Rajpath as fog covers it in New Delhi...

A camel herder stands beside resting camels at the annual cattle fair in Pushkar...

A camel herder stands beside resting camels at the annual cattle fair in Pushkar...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523