2025 Forbes Singapore Richest List: Meta's co-founder tops the list for three consecutive years with a family of 43 billion US dollars

The Zhitong Finance App learned that on September 4, the 2025 Forbes Singapore Rich List was released. Eduardo Saverin (Eduardo Saverin) has been at the top of the list for three consecutive years. In terms of dollars, he is the richest person on the list who has increased his net worth the most. In addition to him, 40 other wealthy people have achieved net worth growth. The Facebook co-founder has settled in Singapore for a long time, and his net worth has increased by 14 billion US dollars to 43 billion US dollars. The driving force behind this is artificial intelligence driving strong growth in the advertising business, which has led to a sharp rise in the stock price of Facebook's parent company Meta Platforms.

Real estate mogul Kwek Leng Beng (Kwek Leng Beng) and his family rose two places to second place, and their net worth increased by 24% to US$14.3 billion. This change in wealth value was mainly due to the inclusion of newly disclosed asset information on the Kwok family. Earlier this year, Guo Lingming sued Sherman Kwek (Sherman Kwek), CEO of the flagship company City Developments (City Developments) and his son, about appointing a new director without due process, which attracted widespread attention; however, after two weeks, the two sides settled and Guo Lingming withdrew the lawsuit.

Brothers Wong Chi-cheung and Wong Chi-tak (Robert & Philip Ng) in the real estate industry fell to third place, and their combined net worth dropped to US$14.1 billion. Paint tycoon Goh Cheng Liang (Goh Cheng Liang) died in August at the age of 98. His heir first appeared on the list with a net worth of US$13.1 billion, ranking fourth. In 2024, Nippon Paint Holdings (Nippon Paint Holdings), where Goh Hup Jin (Goh Hup Jin), the son of Wu Qingliang, is the chairman, acquired American specialty chemicals manufacturer AOC. Since then, the stock price trend has been strong, rising nearly 30% from a year ago.

The three co-founders of the New York-listed Donghai Group are also among the richest people whose net worth has increased dramatically. In the second quarter, the group's three major business lines of digital entertainment, e-commerce, and fintech all grew in revenue, driving the net worth of the three to soar. Group Chairman and CEO Li Xiaodong rose six places to sixth with a net worth of US$11.2 billion; Chief Operating Officer Ye Gang (Gang Ye) had a net worth of US$6 billion, ranking 13th; and David Chen (David Chen), chief product officer of the e-commerce division Shopee, jumped 22 places to 28th place with a net worth of US$2 billion.

Teo Swee Ann (Teo Swee Ann), founder and CEO of Espressif Systems (Espressif Systems), is back on the list after being absent for three years. Chips produced by this Shanghai-listed company are widely used in various fields such as industrial automation and wearable devices, and profits reached a record high in 2024. Henry Ng (Henry Ng), who heads Pan-United Group (Pan-United), and his siblings returned after being absent for seven years. The cement manufacturer's stock price more than doubled due to the launch of low-carbon products and the use of artificial intelligence to optimize operations.

As the minimum net worth threshold for listing was raised from US$870 million to a record US$1 billion, the two richest people who made the list last year were pushed out of the list this year.