Follow us on google news

Singapore’s Billionaires Hit Record $239 Billion as Eduardo Saverin Tops List Again

Record-Breaking Collective Wealth Growth

Singapore’s elite circle of ultra-wealthy individuals has achieved an unprecedented milestone, with their combined net worth surging nearly 25% to reach $239 billion in 2025. This remarkable growth coincides with the city-state’s 60th independence anniversary and stronger-than-expected economic performance of 4.3% in the first half of 2025.

Eduardo Saverin Maintains Dominance

Facebook cofounder Eduardo Saverin continues his three-year streak at the summit, adding an impressive $14 billion to his fortune, bringing his total net worth to $43 billion. The dramatic increase stems from Meta Platforms’ share price surge, fueled by artificial intelligence-driven advertising revenue growth that has transformed the social media giant’s financial prospects.

Property Magnates and Tech Titans Rise

Real estate mogul Kwek Leng Beng climbed two positions to secure second place with $14.3 billion, while property siblings Robert and Philip Ng slipped to third with $14.1 billion. The Goh family made a spectacular debut at fourth position with $13.1 billion, following Nippon Paint Holdings’ successful acquisition strategy.

Sea Limited Cofounders Surge

Gaming and e-commerce platform Sea Limited’s leadership team experienced remarkable wealth multiplication. Chairman Forrest Li’s fortune more than doubled to $11.2 billion, propelling him to sixth place, while cofounders Gang Ye and David Chen also saw substantial gains as the company’s diverse revenue streams across digital entertainment, e-commerce, and fintech delivered exceptional second-quarter results.

The minimum entry threshold increased to $1 billion, reflecting Singapore’s growing concentration of ultra-high-net-worth individuals.

Nirav Joshi: