Top 10 Richest Men In Singapore 2026

Singapore’s wealthiest individuals represent a dynamic mix of technology pioneers, real estate magnates, and banking dynasties. According to Forbes’ 2026 Singapore Rich List, the combined wealth of the country’s 50 richest people remained stable at US$239 billion, despite a challenging year for technology-related fortunes.

Eduardo Saverin, the Facebook co-founder who has called Singapore home for years, continues to lead the list for the fourth consecutive year, even as his wealth declined significantly due to Meta’s stock performance . The list is dominated by established family dynasties in real estate and banking, though a few self-made tech entrepreneurs remain in the upper ranks. The minimum wealth required to make the list was US$1 billion, unchanged from the previous year.

Top 10 Richest Men In Singapore

1. Eduardo Saverin – US$32.9 Billion

Eduardo Saverin is the richest man in Singapore, holding the top position for the fourth consecutive year despite his wealth falling by US$10.1 billion.

The Facebook co-founder’s fortune is tied to Meta Platforms, whose stock declined 25% over the past year as net profit fell 14% in the second quarter, partly due to surging AI infrastructure costs. Saverin has been a Singapore resident for many years and remains the wealthiest individual in the city-state.

2. Kwek Leng Beng and Family – US$16.1 Billion

Kwek Leng Beng and his family hold the second position, adding US$1.8 billion to their wealth over the past year . The family’s flagship company, City Developments, has been divesting non-core assets while sharpening its focus on residential and hotel sectors. In December, the company acquired a Holiday Inn hotel in London for US$370 million and continues to bid for premium residential land in Singapore.

3. Robert and Philip Ng – US$14.3 Billion

Brothers Robert and Philip Ng maintain the third position, with their combined wealth rising slightly to US$14.3 billion. Their property company, Far East Orchard, announced a transformation plan in November aimed at becoming an integrated global network operating hotels and student housing by 2030, while also managing funds for new property investments.

4. Lee Family – US$13.8 Billion

The Lee family recorded the largest percentage increase of any entry on the list, with their wealth surging 78% to US$13.8 billion . Their fortune derives primarily from a stake in Oversea-Chinese Banking Corporation (OCBC), whose shares nearly doubled over the past year, driven by strong performance in the bank’s wealth management business . OCBC is expected to complete its acquisition of HSBC’s retail and wealth management operations in Indonesia in 2027 .

5. Goh Family – US$13.4 Billion

The Goh family, associated with Nippon Paint Holdings, holds the fifth position with wealth rising from US$13.1 billion to US$13.4 billion. Goh Cheng Liang, the patriarch of the family, passed away in August 2025, and the family’s ranking slipped from fourth to fifth this year despite the increase in their fortune.

6. Wee Family – US$12 Billion

The Wee family, whose wealth is linked to United Overseas Bank (UOB), ranks sixth with US$12 billion, moving up two positions from the previous year. Wee Cho Yaw, the legendary banker who built UOB into one of Singapore’s largest banks, passed away in February 2024, and the family continues to hold significant stakes in the bank.

7. Khoo Family – US$11 Billion

The Khoo family, heirs of the late banker and hotel tycoon Khoo Teck Puat, holds the seventh position with US$11 billion. The family’s wealth is tied to their diversified holdings, including interests in hotels and banking, and they remain one of Singapore’s most established wealthy dynasties .

8. Li Xiting – US$10 Billion

Li Xiting, co-founder and chairman of medical device manufacturer Mindray Medical International, ranks eighth with US$10 billion, down from US$13 billion the previous year. The decline reflects challenges in the Chinese healthcare equipment market that have affected Mindray’s valuation.

9. Leo KoGuan – US$8.2 Billion

Leo KoGuan, co-founder and chairman of US-based software company SHI International, ranks ninth with US$8.2 billion . KoGuan is known for his significant stake in Tesla, which has contributed substantially to his fortune in recent years, and he remains one of Singapore’s wealthiest self-made entrepreneurs .

10. Forrest Li – US$7.7 Billion

Forrest Li, co-founder and CEO of Sea Limited, the parent company of e-commerce platform Shopee, completes the top ten with US$7.7 billion, down from US$11 billion the previous year.

Sea’s stock fell nearly a third over the past year amid intense competition from rivals like TikTok Shop, which pressured margins in its e-commerce division. Li’s fellow Sea co-founders Gang Ye and David Chen also saw their wealth decline significantly, ranking 14th and 44th respectively.

Comparison Table – Richest People in Singapore

Forbes’ Singapore Rich List differs from its global billionaire rankings in that it includes family wealth, meaning assets shared among extended family members are counted together.

This is why entries like “Kwek Leng Beng and Family” and “Lee Family” appear as single entries rather than individual billionaires.

The list is calculated using stock prices and exchange rates, and privately held companies are valued based on comparisons with similar listed firms.

The technology sector’s volatility is clearly visible in this year’s list, with Saverin, Li Xiting, and Forrest Li all experiencing significant wealth declines, while banking and real estate fortunes proved more resilient .

Closing

Singapore’s richest men reflect the city-state’s evolution as a global hub for finance, real estate, and technology. Eduardo Saverin’s continued dominance at the top of the list, despite a challenging year for Meta, underscores the enduring value of his early stake in Facebook.

The Lee family’s remarkable 78% wealth increase demonstrates the power of Singapore’s banking sector, while the Ng brothers and Kwek family represent the enduring strength of real estate dynasties.

Meanwhile, the declines experienced by tech entrepreneurs like Forrest Li and Li Xiting serve as a reminder of the volatility inherent in the technology sector.

Note that all wealth figures are estimates based on Forbes’ methodology and are subject to change as market conditions evolve.