Top 10 Richest Men In Singapore According To Forbes (2025)

Singapore, known for its glittering skyline, world-class infrastructure, and an efficient governance model, also serves as a global hub for wealth creation. In the heart of Southeast Asia, this city-state has birthed some of the wealthiest individuals on the planet. From real estate magnates to tech titans and paint industry pioneers, Singapore’s billionaire club represents a diverse cross-section of industries. Let’s explore the top 10 richest men in Singapore according to Forbes’ 2025 Billionaires List, delving into their fortunes, businesses, and the industries that made them household names.

1. Goh Cheng Liang – Net Worth: $13 Billion

Age: 97
Source: Paints
Industry: Manufacturing

Topping the list is Goh Cheng Liang, a veteran businessman who built his empire through the paint manufacturing business. He is the founder of Wuthelam Holdings, which is a major stakeholder in Japan’s Nippon Paint Holdings. While paint may not sound flashy, Goh’s business sense turned this seemingly mundane product into a billion-dollar enterprise.

At 97, Goh exemplifies the spirit of long-term entrepreneurship. His stake in Nippon Paint surged in value thanks to increased demand across Asia and strategic acquisitions. His story is a masterclass in identifying niche industries and scaling them globally.

2. Li Xiting – Net Worth: $12.8 Billion

Age: 74
Source: Medical Devices
Industry: Healthcare

Li Xiting is the co-founder and chairman of Shenzhen Mindray Bio-Medical Electronics, one of China's largest medical equipment manufacturers. Although the company is headquartered in China, Li is now a Singaporean citizen.

The COVID-19 pandemic significantly boosted demand for Mindray’s ventilators and diagnostic equipment, which helped push Li’s fortune to new heights. His work in healthcare has global impact, especially in developing countries that rely on cost-effective medical technology.

3. Forrest Li – Net Worth: $8.6 Billion

Age: 47
Source: Online Gaming, E-commerce
Industry: Media & Entertainment

The youthful and dynamic Forrest Li is the founder of Sea Group, a Singapore-based tech company known for its hit mobile game Free Fire and the rapidly growing e-commerce platform Shopee.

Li’s rise has been meteoric. A few years ago, he was a relative unknown, but today, he is a leading face of Singapore’s digital economy. His ability to tap into Southeast Asia’s booming internet user base and provide platforms tailored to local needs is a blueprint for digital success.

4. Philip Ng – Net Worth: $7.4 Billion

Age: 66
Source: Real Estate
Industry: Real Estate

Philip Ng is the CEO of Far East Organization, one of Singapore’s largest real estate developers. Together with his brother Robert Ng, he controls a property empire that includes malls, residential buildings, and hotels across Singapore and Hong Kong.

Philip’s business model is centered on quality and longevity. His developments are well-known for their durability and are considered premium addresses in Singapore’s competitive property market.

5. Robert Ng – Net Worth: $7.3 Billion

Age: 73
Source: Real Estate
Industry: Real Estate

The older brother of Philip Ng, Robert Ng chairs Sino Group, the Hong Kong-based counterpart of their real estate empire. Although primarily based in Hong Kong, Robert also holds Singaporean citizenship.

His strategic developments and business decisions complement those of his brother. Together, they showcase the power of family-run conglomerates, which remain a strong force in Asian markets.

6. Jason Chang – Net Worth: $6.6 Billion

Age: 80
Source: Electronics
Industry: Technology

Jason Chang chairs Advanced Semiconductor Engineering (ASE), one of the world’s leading providers of semiconductor assembly and testing services. He has played a critical role in placing Asia at the center of the global tech supply chain.

Chang’s Singaporean residency underlines the nation’s appeal as a base for high-tech entrepreneurs. In an increasingly digital world, the value of his company’s services continues to climb, making him one of the top earners in the tech industry.

7. Zhang Yong – Net Worth: $6.6 Billion

Age: 54
Source: Restaurants
Industry: Food & Beverage

Zhang Yong is the founder of Haidilao, the Chinese hotpot chain that has taken Asia by storm. A former welder turned restaurateur, Zhang's story is one of determination and customer obsession.

Though his chain is China-based, Zhang and his wife acquired Singaporean citizenship, and he has since relocated his business base there. His restaurants are famed for their high service standards and tech-enabled dining experiences.

8. Gang Ye – Net Worth: $5 Billion

Age: 44
Source: Online Gaming, E-commerce
Industry: Media & Entertainment

Another Sea Group co-founder, Gang Ye plays a pivotal role behind the scenes as the company’s Chief Operating Officer. Originally from China, he’s now a naturalized Singaporean and a quiet force in the tech world.

His work in building Sea’s internal infrastructure, logistics, and AI-driven processes has been key to the company’s success. In a tech-heavy age, Gang Ye’s example shows that brains behind the scenes can shine just as brightly.

9. Jason Jiang – Net Worth: $4 Billion

Age: 52
Source: Advertising
Industry: Media & Entertainment

Jason Jiang made his fortune through Focus Media, a leading Chinese digital advertising firm known for its in-elevator and in-building LCD ad screens. Although the company is China-based, Jiang is listed under Singapore for his citizenship.

His wealth underscores the growing importance of digital advertising in modern business. Jiang’s strategic placements have given brands direct access to urban audiences in high-traffic locations.

10. Kwek Leng Beng – Net Worth: $3.7 Billion

Age: 84
Source: Diversified
Industry: Diversified

Kwek Leng Beng heads the Hong Leong Group Singapore, a multi-industry conglomerate with interests in real estate, hospitality, and financial services. He also chairs City Developments Limited, a key player in Singapore’s urban development.

Kwek is considered a patriarch in Singapore’s business circles. Despite economic ups and downs, his empire has remained resilient and continues to grow.

Final Thoughts

Singapore’s top billionaires aren’t just defined by their net worths but by the wide range of industries they dominate—from healthcare and tech to real estate and food services. These men are not only titans in their respective sectors, but they also embody Singapore’s global economic ambitions.

Many of them are immigrants or foreign-born individuals who found the Lion City to be a fertile ground for innovation and growth. Their stories illustrate how Singapore’s open business environment and strategic location help nurture global wealth.

As we move further into the digital age, we can expect this list to evolve, especially with the increasing importance of green technologies, digital finance, and AI-driven platforms. One thing is clear—Singapore is firmly established as a billionaire breeding ground in Asia.

Stay tuned for updates as we keep tracking the financial giants of Southeast Asia.