Singapore now has a record number of 21 billionaires, up from 16 a year ago, according to the latest Forbes Singapore rich list.
The combined net wealth of Singapore's 50 richest is US$80bil.
Property magnates Robert and Philip Ng added US$1.4bil to their wealth to hold on to the No 1 spot as the country's richest. Their net wealth is US$10.6bil, up from US$9.2bil last year.
The brothers oversee Far East Organization which their late father Ng Teng Fong developed into a conglomerate with more than 700 hotels, malls and condominiums in Singapore and Hong Kong. Full story
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Rich getting richer - Singapore has 21 billionaires now - The Malaysian Insider
