{"id":13237,"date":"2025-09-09T14:15:00","date_gmt":"2025-09-09T06:15:00","guid":{"rendered":"https:\/\/dollarsandsense.sg\/business\/?p=13237"},"modified":"2025-09-09T14:30:00","modified_gmt":"2025-09-09T06:30:00","slug":"richest-billionaires-singapore-2025-how-earned-wealth","status":"publish","type":"post","link":"https:\/\/dollarsandsense.sg\/business\/richest-billionaires-singapore-2025-how-earned-wealth\/","title":{"rendered":"Top 10 Richest Billionaires In Singapore In 2025 And How They Earned Their Wealth"},"content":{"rendered":"\n

Given the extraordinary rise of Southeast Asia, as the fifth largest economy in the world, it\u2019s no surprise to learn that the region is home to some of the world\u2019s richest people. And, included in that list are \u2013 of course \u2013 individuals who hail from Singapore.<\/p>\n\n\n\n

Forbes maintains \u201cWorld\u2019s Real-Time Billionaires List<\/a>\u201d and there are some recognisable names on the list from Singapore. In total, there are 48 listed billionaires in Singapore.<\/p>\n\n\n\n

Here are the top 10 richest Singapore billionaires in 2025 and how they earned their wealth.<\/p>\n\n\n\n

Read Also: How Many Millionaires (And Billionaires) Are There In Singapore [2025 Edition]<\/a><\/em><\/strong><\/p>\n\n\n\n

#1 Li Xiting<\/strong><\/h3>\n\n\n\n
\"\"
Image Credit: Mindray<\/a><\/figcaption><\/figure>\n\n\n\n

Global Rank: 204<\/strong>
Net Worth in 2025: US$13.4 billion<\/strong>
Change From 2024: -11.3%<\/strong>
Wealth Source: Medical Devices<\/strong>
Age: 74<\/strong><\/p>\n\n\n\n

First on the Rich List for Singaporeans is Li Xiting, who has a net worth of around US$13.4 billion. Li is the cofounder and Chairman of medical devices firm Shenzhen Mindray Bio-Medical Electronics.\u00a0<\/p>\n\n\n\n

Li founded Mindray back in Shenzhen in 1991 and he\u2019s now a Singapore citizen, splitting his time between China and the city-state. Mindray acquired a 21% stake in APT Medical, a Shenzhen-based cardiology equipment maker, for just over US$900 million in 2024.<\/p>\n\n\n\n

#2 Forrest Li<\/strong><\/h3>\n\n\n\n
\"\"
Image Credit: Sea<\/a><\/figcaption><\/figure>\n\n\n\n

Global Rank: 236<\/strong>
Net Worth in 2025: US$12.0 billion<\/strong>
Change From 2024: +233.3%<\/strong>
Wealth Source: Online Gaming, e-Commerce<\/strong>
Age: 47<\/strong><\/p>\n\n\n\n

Many people in Singapore may recognise Forrest Li, whose net worth has ballooned to US$12.0 billion. That\u2019s because he\u2019s the founder and CEO of Southeast Asian-focused gaming and e-commerce firm Sea Ltd.<\/p>\n\n\n\n

Sea, of course, owns the dominant shopping platform Shopee, as well as the gaming firm Garena (that distributes the popular Free Fire<\/em> mobile game). Sea is also gaining traction in the digital banking space with Maribank.<\/p>\n\n\n\n

Sea has turned profitable in the past few years and, as a result, investors have rewarded the company\u2019s stock \u2013 which is up nearly 150% in the past 12 months. This explains why his wealth has also increased by a similar amount in the past year.<\/p>\n\n\n\n

Read Also: 10 Singapore Brands On The Fortune Fintech Innovators Asia 2024 List \u2013 Announced At Singapore FinTech Festival<\/a><\/em><\/strong><\/p>\n\n\n\n

#3 Philip Ng<\/strong><\/h3>\n\n\n\n
\"\"
Photo Credit: SUTD<\/a><\/figcaption><\/figure>\n\n\n\n

Global Rank: 481<\/strong>
Net Worth in 2025: US$7.5 billion<\/strong>
Change From 2024: +4.2%<\/strong>
Wealth Source: Real Estate<\/strong>
Age: 66<\/strong><\/p>\n\n\n\n

#4 Robert Ng<\/strong><\/h3>\n\n\n\n
\"\"
Image Credit: Tsinghua University<\/a><\/figcaption><\/figure>\n\n\n\n

Global Rank: 490<\/strong>
Net Worth in 2025: US$7.4 billion<\/strong>
Change From 2024: +4.2%<\/strong>
Wealth Source: Real Estate<\/strong>
Age: 73<\/strong><\/p>\n\n\n\n

Third and fourth on the list are Philip and Robert Ng, with a net worth of US$7.5 billion and US$7.4 billion respectively. The brothers are in charge of the Far East Organisation \u2013 one of Singapore\u2019s largest private landlords and property developers.<\/p>\n\n\n\n

The property group was founded back in 1934 by their father \u2013 Ng Teng Fong \u2013 and he came to be known as \u201cThe King of Orchard Road\u201d given the group\u2019s many properties on the illustrious shopping strip in Singapore.<\/p>\n\n\n\n

The group also has an Hong Kong arm \u2013 Sino Group \u2013 that is run by Robert and his son Daryl. Meanwhile, Philip oversees the group\u2019s Singapore portfolio.<\/p>\n\n\n\n

#5 Jason Chang<\/strong><\/h3>\n\n\n\n
\"\"
Image Credit: ASE Group<\/figcaption><\/figure>\n\n\n\n

Global Rank: 51<\/strong>1
Net Worth in 2025: US$7.2 billion<\/strong>
Change From 2024: +9.1%<\/strong>
Wealth Source: Electronics<\/strong>
Age: 81<\/strong><\/p>\n\n\n\n

Fifth on the list is Jason Chang, chairman of Taiwan\u2019s ASE Technology Holding, who has a net worth of US$7.2 billion.<\/p>\n\n\n\n

The tech firm is one of the world\u2019s leading providers of semiconductor testing and assembly services \u2013 clearly a lucrative space to be in.<\/p>\n\n\n\n

Chang, along with his brother Richard Chang, is also one of the main investors in commercial real estate developer Sino Horizon.<\/p>\n\n\n\n

#6 Gang Ye<\/strong><\/h3>\n\n\n\n
\"\"
Image Credit: Sea Limited<\/figcaption><\/figure>\n\n\n\n

Global Rank: 593<\/strong>
Net Worth in 2025: US$6.4 billion<\/strong>
Change From 2024: +156.0%<\/strong>
Wealth Source: Online Gaming, e-Commerce<\/strong>
Age: 45<\/strong><\/p>\n\n\n\n

Gang Ye takes sixth spot on the list for Singaporeans with a net worth of US$6.4 billion. Gang actually co-founded Sea Ltd alongside Forrest Li and David Chen.<\/p>\n\n\n\n

He has also been the company\u2019s Chief Operating Officer (COO) since 2017 following his previous role as the group\u2019s Chief Technology Officer (CTO).<\/p>\n\n\n\n

#7 Zhang Yong\u00a0<\/strong><\/h3>\n\n\n\n
\"\"
Image Credit: Facebook<\/a><\/figcaption><\/figure>\n\n\n\n

Global Rank: 758<\/strong>
Net Worth in 2025: US$5.3 billion<\/strong>
Change From 2024: +8.2%<\/strong>
Wealth Source: Restaurants<\/strong>
Age: 55<\/strong><\/p>\n\n\n\n

Zhang Yong comes in seventh spot on the list with a net worth of US$6.6 billion. Zhang is a restaurateur and Chairman of the popular Sichuan hotpot chain Haidilao International Holding.<\/p>\n\n\n\n

Haidilao has over 1,400 hotpot restaurants in Greater China and the company is listed on the Hong Kong Stock Exchange. It also managed to spin off its international Haidilao restaurant \u2013 via Super Hi \u2013 in a Hong Kong listing in 2022.<\/p>\n\n\n\n

#8 Kwek Leng Beng<\/strong><\/h3>\n\n\n\n
\"\"
Image Credit: Hong Leong Finance<\/a><\/figcaption><\/figure>\n\n\n\n

Global Rank: 7792Net Worth in 2025: US$5.2 billion<\/strong>
Change From 2024: +52.9%<\/strong>
Wealth Source: Diversified (Real Estate)<\/strong>
Age: 84<\/strong><\/p>\n\n\n\n

Kwek Leng Beng is eighth on the list with a net worth of US$3.7 billion. Kwek has made headlines recently in Singapore for the internal dispute at City Developments, the company where he\u2019s Executive Chairman.<\/p>\n\n\n\n

His son, Sherman, is CEO of City Developments and the group owns rental apartments globally as well as being one of Singapore\u2019s largest property developers.<\/p>\n\n\n\n

Kwek\u2019s father founded Hong Leong Group in 1941, a property firm that Kwek is also Executive Chairman of.<\/p>\n\n\n\n

#9 Jason Jiang<\/strong><\/h3>\n\n\n\n
\"\"
Image Credit: Focus Media<\/a><\/figcaption><\/figure>\n\n\n\n

Global Rank: 776<\/strong>
Net Worth in 2025: US$5.2 billion<\/strong>
Change From 2024: +40.5%<\/strong>
Wealth Source: Advertising<\/strong>
Age: 52<\/strong><\/p>\n\n\n\n

In ninth spot is Jason Jiang with a net worth of US$5.2 billion. Jiang is the founder, CEO and Chairman of Chinese outdoor advertising firm Focus Media Information Technology.<\/p>\n\n\n\n

The firm was taken private, off the Nasdaq, in 2013 and re-listed back in Shenzhen in 2016 via a backdoor listing. Backed by e-commerce giant Alibaba, the company possesses elevator screens and movie theatre media networks in over 280 Mainland China cities and 95 cities worldwide.<\/p>\n\n\n\n

Read Also: 4 Multi Generation Family-Owned Singapore Companies That Are Listed On The SGX<\/a><\/em><\/strong><\/p>\n\n\n\n

#9 Kwek Leng Kee<\/strong><\/h3>\n\n\n\n
\"\"
Source: Hong Leong finance<\/a><\/figcaption><\/figure>\n\n\n\n

Global Rank: 1,096<\/strong>
Net Worth in 2025: US$3.7 billion<\/strong>
Change From 2024: +48.0%<\/strong>
Wealth Source: Diversified<\/strong><\/strong>
Age: 70<\/strong><\/p>\n\n\n\n

Rounding up the top 10 is rich list in Singapore is Kwei Leng See, who inherited a stake in Hong Leong Group from his father, Kwek Hong Khai, one of four brothers who cofounded the conglomerate. Fellow billionaire Kwek Leng Beng is his cousin.<\/p>\n","protected":false},"excerpt":{"rendered":"All but one of Singapore’s richest billionaires grew their wealth in the past year.\n","protected":false},"author":1,"featured_media":13877,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[94],"tags":[1418,1807,2232],"yoast_head":"\nTop 10 Richest Billionaires In Singapore In 2025 And How They Earned Their Wealth | DollarsAndSense Business<\/title>\n<meta name=\"description\" content=\"Singapore's top 10 richest billionaires came from diversified industries, including real estate, technology, F&B, electronics and healthcare.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dollarsandsense.sg\/business\/richest-billionaires-singapore-2025-how-earned-wealth\/\" \/>\n<meta property=\"og:locale\" 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