10 Richest Men From Singapore

Singapore’s wealthiest gentlemen span different industries and have become successful in various fields. From real estate to gaming, each and every one of the men on this list have been or currently are on the Forbes list. Each story is inspiring and empowering, so read all about them, in no particular order.

1) Kwek Leng Beng

As the executive chairman of Hong Leong Group Singapore, Kwek Leng Beng certainly has his work cut out for him. It was his father who founded Hong Leong Group in Singapore. Though he was trained as a lawyer in London, he eventually joined the family business. Interestingly, in 1995, he and Saudi billionaire bought the Plaza Hotel in New York City from Donald Trump.

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2) Wee Cho Yaw

Wee Cho Yaw is the chairman of United Overseas Bank (UOB), and has been a part of the company since 1958. His father founded the bank, and while he stepped into his father’s shoes as Bank chairman, the same occurred when he retired and his own son did the same. According to Bloomberg, Wee Cho Yaw’s net worth can buy 6.14 million troy ounces of gold.

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3) Ron Sim

Got a massage on an Osim chair lately? Thank Ron Sim for that, as he’s the founder of Osim International. He’s come a long way from the child who once sold noodles to make pocket money. He started his business at the tender age of 20, then selling knife sharpeners and household goods. Sim also owns Richlife, GNC and Brookstone, which is based in the United States.

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4) Danny Yong

Hedge Fund manager Danny Yong has a net worth of $670 million according to Forbes, placing him among Singapore’s 50 richest. His company, Dymon Asia Capital is relatively new, having been founded in 2008. Today, they not only have a base in Singapore but offices overseas as well – in Hong Kong and the United Kingdom. Danny Yong has used his success to give back to the community and is involved in several philanthropic causes.

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5) Ching Chiat Kwong

Ching Chiat Kwong is the man behind Oxley Holdings, and interestingly, he once had a career as a policeman. Besides this, he also dabbled as a real estate agent, travel agent and a beverage marketer. He struck gold with shoebox apartments, and today has expanded Oxley tremendously. The brand is gaining momentum in Malaysia, Cambodia, Ireland and the United Kingdom.

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6) Goh Cheng Liang

With a net worth of $7.9 billion, Goh Cheng Liang is a familiar name on Forbes Richest list for Singapore. He founded Wuthelam Holdings, a paint and coatings manufacturer. Goh set up his first paint shop in 1955, and eventually became the main distributor for Nippon Paint in the 60s. His Goh Foundation supports many causes, and he is very hands-on when it comes to philanthropic endeavours.

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7) Jason Chang

Jason Chang has made Forbes global list in 2016, ranked at #722 among the world’s billionaires. He is chairman of Taiwan-based Advanced Semiconductor Engineering (ASE), which also has sites in South Korea, Japan, China, Mexico and Silicon Valley. Chang has even received an award for his achievements in his field. His brother Richard is also on the Forbes list, making the Chang family very inspiring indeed.

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8) Sam Goi

He is known as Singapore’s “Popiah King”, as he owns Tee Yih Jia Food Manufacturing, which is the world’s largest manufacturer of popiah skins. With his popiah empire, he’s able to live more than comfortably. For instance, he is an avid collector of French antiques and Chinese Artworks. Quite an incredible journey for someone who dropped out of school to help his father out at his grocery store.

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9) Min-Liang Tan

One of the youngest on this list is Min-Liang Tan, who at only 39 is already one of Singapore’s richest men on Forbes. He started off as a lawyer but gave it up in 2005 to begin an entirely new venture – that of gaming devices company Razer. The company has done magnificently well, and it is Tan who’s developed quite a fanbase as a result. Besides making appearances in films and games, he’s also got fans so dedicated, they’ve got tattoos of his name.

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10) Loo Choon Yong

A doctor by profession, Loo Choon Yong founded Raffles Medical Group along with fellow doctor Alfred Loh, in the seventies. As of now, the Raffles Group has expanded exponentially, with over 100 clinics regionally. The brand is even expanding as far as China, with hospitals in Shanghai and Chongqing. In 2016, the brand commemorated 40 years of quality healthcare.

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