Forbes.com, 28 Jul 2011The Ng family, whose patriarch, Ng Teng Fong, died last year, retains the No. 1 spot with a combined net worth of $8.9 billion. New Zealander Richard Chandler, a Singapore resident since 2008, moved up one rank to No. 4. Overall, 31 on the list were richer this year, including Malaysian citizen Ong Beng Seng and his wife, Christina, whose wealth almost doubled to $1.9 billion as shares of their U.K. fashion house, Mulberry, soared. Singapore’s ongoing tourist influx boosted the fortune of hotelier Koh Wee Meng, who moved up ten ranks to No. 14.
The newest billionaire is food tycoon Sam Goi, known as Singapore’s “Popiah King” (see story, p. 54). Another newcomer is oil trader Lim Oon Kuin, who founded Hin Leong at the age of 20. Returning after a two-year absence is Mustaq Ahmad, owner of popular 24-hour retailer Mustafa Center. Only five on the list are less well-off than they were in 2010, including real estate tycoon Zhong Sheng Jian, whose Yanlord Land has property interests in China. Full story
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2 Indian-origin businessmen among Singapore's richest - Rediff.com
Singapore's 40 richest worth US$52.4 billion - New Straits Times
Singapore’s 40 richest worth US$54.4bil - Malaysia Star
Singapore's Wealthiest Now Richer: Forbes - The Jakarta Globe
Singapore's 40 richest worth 54.4 billion U.S. dollars - Philstar.com
