Meet the Singaporean billionaires who make up the richest people in the world
Forbes has released its 33rd Annual World's Billionaires list, which features a total of 2,153 billionaires this year—dropping from last year's list of 2,208 billionaires. Asia-Pacific was reportedly hit the hardest, with 60 names dropping off the list.
However, the region still remains the richest, with a net worth of US$2.5 trillion between its 767 billionaires. China boasts the highest number of 324 billionaires, as well as the highest number of newcomers this year. In Singapore itself, 22 of the country's wealthiest made the list, from property developers to hoteliers.
See who made it to the list below:
#112 Robert & Philip Ng, Far East Organisation
Net worth: US$12B
Ranking at #112 amongst the richest people in the world, Robert and Philip Ng are the sons of late real-estate tycoon Ng Teng Fong, who founded Far East Organisation—Singapore’s largest private property developer. The brothers work in Hong Kong and Singapore respectively, with elder brother and former barrister Robert overseeing Hong Kong arm Sino Group with his son Daryl, and Philip taking charge of local operations as CEO, with the aid of their siblings.