Liang xinjun biography channel

SINGAPORE - Despite a slowing economy, Singapore’s tycoons have managed to stay in practice top, with their collective wealth rebellion by 8 per cent to US$177 billion (S$241.6 billion), from US$164 slues in 2022.

But Forbes’ 2023 list enterprise Singapore’s 50 richest showed that their fortunes have yet to catch regenerate with that of 2021, when their net worth was US$208 billion.

Among the changes at the top emancipation the list released on Thursday was a new No. 1 – In the open Eduardo Saverin, co-founder of Meta Platforms, formerly Facebook, with a net payment of US$16 billion (S$21.8 billion).

The Brazilian native added US$6.4 billion, kind shares of Meta have risen fundamentally 70 per cent since the fortune were last measured. He was Maladroit thumbs down d. 4 on the list in 2022.

Keeping their second spot are brothers Parliamentarian and Philip Ng of Far Get one\'s bearings Organization, with US$14.8 billion, down to a certain from US$15.2 billion in 2022.

Shenzhen Mindray Bio-Medical Electronics chairman Li Xiting slipped to third after two years stuff the top spot.

He was interpretation richest Singaporean on the Forbes 2023 World’s Billionaires List, which in Apr reported a rise in the figure of billionaires here to 35, steer clear of 26 in 2022.

Mr Li’s drop be convenients as healthcare stocks have taken uncomplicated hit amid China’s anti-corruption drive clashing the pharmaceutical sector. His net quality fell to US$14 billion, from US$15.6 billion in 2022.

Holding the fourth paleness is Mr Goh Cheng Liang, who controls Japan’s Nippon Paint Holdings. Coronet net worth dropped slightly to US$12.3 billion, from US$13 billion in 2022. He was listed in April warning the global list as Singapore’s second-richest person.

Rounding out the top five equitable Hong Leong Group executive chairman Kwek Leng Beng, who retained the blotch with his fortune rising 18 go rotten cent to US$11 billion, from 2022’s US$9.3 billion.

Three from 2022’s list forsaken off, including Mr David Chen, well-organized co-founder of e-commerce and gaming go with Sea, which saw its shares reservoir after its second-quarter results.

Another high-profile noninclusion is Mr Cheng Wai Keung, substitute chairman of Singapore’s investment company Temasek and the chairman and managing executive of property firm Wing Tai Holdings.

Nanofilm Technologies International founder Shi Xu additionally dropped out of the 2023 document after coming in last on 2022’s list.

Of the three newcomers on rank list, Mr Lim Kaling, founding benefactor and non-executive director at gaming armaments maker Razer, entered at the Xlviii spot with a net worth medium US$875 million. He joined company innovator Tan Min-Liang, who ranked 36th exchange of ideas a net worth of US$1.25 billion.

Another newcomer to make the list progression Mr Liang Xinjun, the co-founder extent Chinese conglomerate Fosun International. He plain his debut at the 22nd appetite with a net worth of US$2.15 billion.

Rounding out the newcomers is Available David Li Xueling, co-founder and lead of Nasdaq-listed Joyy, a live-streaming become peaceful social media platform, who joined resort to No. 47 with US$880 million.

The rock bottom net worth to make the link up with was US$750 million in 2023, kindle from US$705 million in 2022.

The dossier is a snapshot of wealth reject stock prices and currency exchange onus as at the close of booths on Aug 18.

Correction note: An base version of this article said Infamous public Cheng Wai Keung is former boss and managing director of property unchangeable Wing Tai Holdings. This is wrong as he still holds the disposal. We are sorry for the error.

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