Forbes’ 50 richest in S’pore: Tycoons’ combined wealth rises 8%, Eduardo Saverin tops list


(Clockwise from left) Meta co-founder Eduardo Saverin, brothers Robert and Philip Ng of the Far East Organization and Shenzhen Mindray Bio-Medical Electronics chairman Li Xiting. - BLOOMBERG, ST FILE, MINDRAY/FACEBOOK

SINGAPORE (The Straits Times/Asia News Network): Despite a slowing economy, Singapore’s billionaires have managed to stay on top, with their collective wealth rising by 8 per cent to US$177 billion (S$241.6 billion), from US$164 billion in 2022.

But Forbes’ 2023 list of Singapore’s 50 richest showed that they have yet to catch up on their fortunes compared with 2021, when their net worth had risen to US$208 billion.

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