Forbes has released its 2026 list of Singapore’s 50 Richest on Thursday (Sept 3), and while most of the city-state’s wealthiest got richer, their combined fortunes remained flat at US$239 billion.
35 of the 50 listees saw their fortunes grow, buoyed by Singapore’s strong economic performance and gains in sectors such as banking, property and retail.
But a sharp decline in tech-related wealth, including Meta co-founder Eduardo Saverin, wiped out much of those gains, leaving the collective fortune unchanged from last year.
Still, the losses have done little to dent Saverin’s lead. Despite seeing his net worth fall by US$10.1 billion to US$32.9 billion, he retained his position as Singapore’s richest person for the fourth consecutive year.
Here is the full list.
Who are Singapore’s top 50 richest?
| Rank | Name | Source | Net Worth (US$) |
| 1 | Eduardo Saverin | Facebook, Capital B | $32.9B |
| 2 | Kwek Leng Beng | City Developments Limited | $16.1B |
| 3 | Robert & Philip Ng | Far East Organization | $14.3 |
| 4 | Lee family | OCBC Bank | $13.8 |
| 5 | Goh family | Nippon Paint | $13.5 |
| 6 | Wee family | UOB | $12B |
| 7 | Khoo family | Standard Chartered Bank, Goodwood Group of Hotels |
$11B |
| 8 | Li Xiting | Mindray | $10B |
| 9 | Lee KoGuan | SHI International | $8.2B |
| 10 | Forrest Li | Sea Limited | $7.7B |
| 11 | Kwee brothers | Pontiac Land | $7.4B |
| 12 | Zhang Yong & Shu Ping | Haidilao, Super Hi | $7.2B |
| 13 | Kuok Khoon Hong | Wilmar | $4.7B |
| 14 | Gang Ye | Sea Limited | $4.3B |
| 15 | Lien family | UOB, Wah Hin | $3.8B |
| 16 | Ho family | UOB, Carlsberg Brewery Malaysia, Heineken Malaysia, First Sponsor Group |
$3.45B |
| 17 | Arvind Tiku | AT Holdings, AT Investments | $3.4B |
| 18 | Ji Qi | H World Group | $3.35B |
| 19 | Raj Kumar & Kishin RK | Royal Holdings, RB Capital | $3.3B |
| 20 | Choo Chong Ngen | Hotel 81, Worldwide Hotels | $3.2B |
| 21 | Robert Friedland | Ivanhoe Mines | $3.05B |
| 22 | Richard Chandler | Clermont Group | $3B |
| 23 | Liang Xinjun | Fosun International | $2.8B |
| 24 | Lim Hock Chee | Sheng Siong Group | $2.7B |
| 25 | Oei Hong Leong | Investments | $2.65B |
| 26 | Ron Sim | OSIM International | $2.4B |
| 27 | Asok Kumar Hiranandani | Royal Brothers | $2.35B |
| 28 | Sam Goi | Tee Yih Jia Food Manufacturing | $2.25B |
| 29 | Koh Wee Meng | Fragrance Group | $2.2B |
| 30 | Ong Beng Seng & Christina Ong | Diversified | $2.1B |
| 31 | Chew Gek Khim | Straits Trading | $1.95B |
| 32 | Yao Hsiao Tung | Hi-P International | $1.9B |
| 33 | Peter Lim | Thomson Medical Group | $1.85B |
| 34 | David Xueling Li | JOYY | $1.8B |
| 35 | Min-Liang Tan | Razer | $1.75B |
| 36 | Tang Wee Kit | Tang Holdings | $1.65B |
| 37 | George Raymond Zage, III | Grindr, Tiga Investments | $1.6B |
| 38 | Lim Chap Huat | Soilbuild Group | $1.55B |
| 39 | John Lim | ARA Asset Management | $1.5B |
| 40 | Teo Swee Ann | Espressif Systems | $1.48B |
| 41 | Chua Thian Poh | Ho Bee Land | $1.45B |
| 42 | Binny Bansal | Flipkart | $1.4B |
| 43 | Michael Kum | M&L Hospitality | $1.37B |
| 44 | David Chen | Sea Limited | $1.35B |
| 45 | Lim Kaling | Razer | $1.33B |
| 46 | Henry Ng & siblings | Pan-United | $1.32B |
| 47 | Zhong Sheng Jian | Yanlord Land | $1.3B |
| 48 | Quek Leng Chye | Hong Leong Holdings | $1.2B |
| 49 | Gordon & Celine Tang | SingHaiyi | $1.1B |
| 50 | Wong brothers | Charles & Keith | $1B |
2026’s biggest winners
The biggest winner this year was the Lee family, whose fortune rose 78% to US$13.8 billion, putting them in fourth place.
The family’s wealth is largely tied to a stake in OCBC, whose shares nearly doubled over the past year. The bank benefited from strong demand for wealth management services as Singapore continued to attract capital amid geopolitical uncertainty.
Real estate also continued to be a major source of wealth.
City Developments Limited chairman Kwek Leng Beng and his family remained in second place, with their fortune rising US$1.8 billion to US$16.1 billion. The family’s property empire has been reshaped over the past year through asset divestments and a greater focus on residential and hospitality markets.
Meanwhile, Far East Organization’s Robert and Philip Ng retained third place with a combined fortune of US$14.3 billion.
Tech took the hit
Tech was the biggest drag on Singapore’s billionaire fortunes this year.
Although Eduardo Saverin remained Singapore’s richest person for the fourth consecutive year, he lost US$10.1 billion from his fortune.
The Facebook co-founder’s net worth fell to US$32.9 billion as shares of Meta Platforms declined 25% over the past year. Meta’s second-quarter net profit fell 14%, with heavy spending on AI infrastructure adding to investor concerns.
Meanwhile, Sea’s three co-founders—Forrest Li, Gang Ye and David Chen—collectively lost about US$5.9 billion as shares of the New York-listed technology company fell by nearly a third.
Forrest Li ranked 10th with US$7.7 billion, while Gang Ye came in 14th with US$4.3 billion. David Chen ranked 44th with US$1.35 billion.
The decline came as Sea’s Shopee business faced tougher competition from TikTok Shop, putting pressure on e-commerce margins.
Two returnees and one newcomer
The 2026 ranking also saw one newcomer and two notable returnees.
Quek Leng Chye, managing director of Hong Leong Holdings, entered the list at No. 48 with a fortune of US$1.2 billion. He is the Singapore-based brother of Malaysian billionaire Quek Leng Chan and a cousin of Kwek Leng Beng.
Gordon and Celine Tang returned at No. 49 with US$1.1 billion after a two-year absence. Their comeback was helped by a 20% rise in Suntec REIT shares, one of their key holdings.
The Wong brothers—Charles, Keith and Kelvin, who own and run homegrown footwear and accessories brand Charles & Keith—also returned to the ranking at No. 50 with a combined fortune of US$1 billion.
- Read other articles we’ve written on Singaporean businesses here.
Also Read: Singapore now has 55 billionaires in 2026—that’s more than double from just 4 years ago
Featured Image Credit: Tatler/ Hong Leong Group Singapore/ Roslan Rahman
