The Top 15 Richest Entrepreneurs in Singapore
#01 Ng Teng Fong
Ng Teng Fong is the richest entrepreneur and also the richest man in Singapore. He founded Far East Organisation, which is the largest private property developer in Singapore, during the 1960s. It is the only developer in the world to win four FIABCI Prix d’Excellence Awards, the highest honour in international real estate. Its sister company, Sino Group, is one of the largest property developers in Singapore. His net worth is US$8000million as of 2009.
Picture Credit: Forbes
#02 Kuok Khoon Hong
Kuok Khoon Hong is the second richest entrepreneur and the third richest man in Singapore. He founded the world’s largest palm oil firm, Wilmar International, during the 1990s. He got started working at his Malaysian billionaire uncle Robert Kuok’s trading firms. He then left in 1991 to found his palm oil company. He started building one of the world’s largest biofuel refineries a few years ago. His net worth is US$3500million as of 2009.
#03 Zhong Sheng Jian
Zhong Sheng Jian is the third richest entrepreneur and the sixth richest man in Singapore. He emigrated from China to Singapore in 1988 and he founded the Yanlord Land Group. He built luxury residences back in his native China and he now has properties in seven Chinese cities. His company is now listed in Singapore. His net worth is US$2000million as of 2009.
Picture Credit: Forbes
#04 Tan Boy Tee
Tan Boy Tee is the twelfth richest man and the forth richest entrepreneur in Singapore as of 2009. He was the founder and chairman of tug and barge operator Labroy Marine before he sold it to Dubai Drydocks World in 2008. He has since invested in various companies like China Taisan Technology, one of the leading manufacturers in China of knitted fabrics, and Memstar Technology, a water purification outfit. His net worth is US$650million as of 2009.
Picture Credit: Forbes
#05 Chang Yun Chung
Chang Yun Chung is the thirteenth richest man and the fifth richest entrepreneur in Singapore as of 2009. He is a Malaysian citizen who has lived in Singapore for decades. He is the founder of Pacific International Lines. Pacific International Lines is one of Asia’s biggest shipowners and it has a large stake in Singamas Container Holdings, which is a listed company in Hong Kong. His net worth is US$640million as of 2009.
Picture Credit: Forbes
#06 Chua Thian Poh
Chua Thian Poh is the sixteenth richest man and the sixth richest entrepreneur in Singapore. He is a high school dropout who earned his first million dollars before he turned 21 years by making hooks and spikes for the logging industry. He founded Ho Bee Investment, which specialises in high-end residential projects in Singapore, London and Shanghai. His net worth is US$450million as of 2009.
Picture Credit: Forbes
#07 Olivia Lum
Olivia Lum is the twenty-first richest man and the seventh richest entrepreneur in Singapore. She is an orphan who supported herself through tutoring and sales job. She founded Hyflux, a global environmental solutions company which employs over 1200 staff worldwide. She teamed up with the Libyan government in 2009 to build one of the world’s largest desalination plants in Tripoli. Her net worth is US$350million as of 2009.
Picture Credit: Forbes
#08 Simon Cheong
Simon Cheong is the twenty-third richest man and the eighth richest entrepreneur in Singapore. He used to be a real estate investment banker before he set up his own property firm, SC Global Developments, in 1996. His company is now one of Singapore’s largest residential property developers. His net worth is US$310million as of 2009.
Picture Credit: Forbes
#09 Lee Kian Soo
Lee Kian Soo is the twenty-eighth richest man and the ninth richest entrepreneur in Singapore. He got started working in shipyards before founding Ezra Holdings, a stock of oil and gas services firm, with his wife. The company is now run by his son. His net worth is US$260million as of 2009.
Picture Credit: Forbes
#10 Yao Hsiao Tung
Yao Hsiao Tung is the twenty-ninth richest man and the tenth richest entrepreneur in Singapore. He founded contract manufacturer Hi-P International in the 1970s. The company manufactures plastic, metal and mechanical components for Research In Motion’s Blackberry models and some Apple Products. His net worth is US$255million as of 2009.
Picture Credit: Forbes
#11 Ng Chwee Cheng
Ng Chwee Cheng is the thirtieth richest man and the eleventh richest entrepreneur in Singapore. He founded Tat Hong, one of Asia’s largest crane manufacturers with stakes in Chinese and Australian firms. His son is the chief executive officer currently. His net worth is US$250million as of 2009.
#12 Loo Choon Yong
Loo Choon Yong is the thirty-first richest man and the twelfth richest entrepreneur in Singapore. He was a medical doctor when he founded Raffles Medical in the 1970s. It operates a hospital and more than sixty clinics in Singapore and Hong Kong. It also offers acupuncture and other traditional Chinese medical methods as part of their services. His net worth is US$235million as of 2009.
Picture Credit: Forbes
#13 John Chuang
John Chuang is the thirty-forth richest man and the thirteenth richest entrepreneur in Singapore. He is the son of a chocolate maker and he established his own company in 1984. The company was then merged with his father’s firm. With the help of his two brothers, they now run Petra Foods, one of the world’s largest makers of cocoas and Southeast Asia’s largest chocolate maker. His net worth is US$190million as of 2009.
Picture Credit: Forbes
#14 Brian Chang
Brian Chang is the thirty-seventh richest man and the fourteenth richest entrepreneur in Singapore. He was born in South Africa and he moved to Singapore where he chairs Yantai Raffles Shipyard, which he founded in 1994. It operates one of Asia’s largest dry docks. His net worth is US$160million as of 2009.
Picture Credit: Forbes
#15 Wong Ngit Liong
Wong Ngit Liong is the thirty-ninth richest man and the fifteenth richest entrepreneur in Singapore. He is a Fulbright Scholar and a trained electrical engineer. He founded Venture Corp. in 1994 after a long career in Hewlett Packard. Venture Corp. is now Singapore’s largest contract electronics maker. His net worth is US$140million as of 2009.
Picture Credit: Forbes
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Posted by Admin
on Jan 19 2010. Filed under Headline, Success Stories.
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Hi,
Great achievement by these. This is a result of consistent efforts that has made them to this level. In today’s world of competition each and every company needs to run their business in smarter ways to maintain the growth and achieve the higher productivity compared to others. With this it is also needed that deadlines must be strictly followed to achieve the target goals. For that they need better planning with effective implementation on it.