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| *Travel Tips>>>Singapore Travel Tips |
Who r the top 1000 richest men in ur country? |
Travel Info Who r the top 1000 richest men in ur country? Travel Tips http://www.sgwayoflife.com/forum/viewtop... The richest Singaporeans are the heirs of the late Khoo Teck Puat, followed closely by Ng Teng Fong - both of whom made their fortunes mainly away from the public eye. Film maker Eric Khoo, 41, youngest son of the late Mr Khoo - who died in 2004 - is also the youngest on the list of 40 richest Singaporeans compiled by Forbes Asia. One third of the people on the list amassed their fortunes from real estate or banking, according to Forbes' first-ever listing of the richest Singaporeans. The ranking is in US dollar terms. Excluding Eric Khoo's sisters, there are only two women on the list: Margaret Lien, widow of banker Lien Ying Chow, and Olivia Lum, founder of the publicly listed water-technology company Hyflux. Only one - Mustaq Ahmad of Mustafa Centre - made all his money in Singapore. Forbes said Singapore's 40 richest have a collective net worth of US$28 billion, which is US$2 billion more than their Malaysian counterparts and US$8 billion higher than the 40 richest Thais. Singapore has a population of 4.3 million, while Malaysia has 25 million, and there are almost 65 million Thais. Forbes compiled the list by looking at shareholdings in publicly listed companies as well as in private company filings. A minimum net worth of US$55 million (S$86.4 million) was needed to make the list. The 14 Khoo children ranked first on the list with a fortune estimated at US$5 billion after they sold a 12 per cent stake in Standard Chartered bank in March this year for an estimated US$4 billion to Temasek Holdings. According to Forbes, the Khoos still have about US$1 billion in real estate ventures including the prominent Goodwood Park Hotel, which was delisted in 2004. Mr Khoo's daughters Mavis and Elizabeth are involved in the hotel business. Coming a close second on the list with US$4.9 billion is property magnate Ng Teng Fong, 78, whose Far East Organization is the biggest private developer in Singapore. Mr Ng, who is married, with two sons and six daughters, is seen as Singapore's most low-profile billionaire. Ranked sixth on the list is the only non-Singaporean, shipping magnate Chang Yun Chung, 88, who kept his Chinese citizenship. In 1967 he founded Pacific International Lines, now the world's 19th largest shipping line. PIL is ranked No 1 among privately owned companies in Singapore, in terms of revenue from overseas operations. Also known in business circles by his dialect name Teo Woon Tiong, he is regarded as the doyen of Singapore's shipping industry. Mustaq Ahmad, who hit the headlines this week when mentioned by the prime minister as one of the many immigrants made good in Singapore, ranked 27th on the list with US$165 million. India-born Mr Ahmad, whose Mustafa Centre employs about 1,000 people to sell some 150,000 inexpensive items ranging from spices to motor cars, told BT the ranking 'means nothing to me'. He said: 'A person with some income who can support his family, with a reasonable place to stay, who doesn't owe anything - to me, he's already a rich man.' Many of the richest made their millions by exporting. The three Phua brothers, whose US$130 million ranks them 34th, founded listed HTL International to sell their furniture to more than 40 countries. Youngest brother Yong Tat said 'our main asset is HTL . . . the performance depends on the share price. I can't really say I am very rich.' Source(s): http://www.sgwayoflife.com/forum/viewtop... Other Travel Tips check the Forbes 400 Do you want me to name them ? you expect someone to write down 1000 ppl here? According to Forbes' Billionaires List: 1st) Ng Teng Fong (Singapore richest man) 2nd) Wee Cho Yaw 3rd) Kwek Leng Beng Visit http://sg.news.yahoo.com/070310/5/singap... for more details. Singapore governments are the richest in the world. u may reference yourself online among the world's governments' pay and they are the biggest employer in the country too. Did u know that Temasek Holding is biggest than Microsoft Corporation? hee hee....Bills Gates, sorry, actually u are no 2. and world richest no2 man, u will be no3. :) cheers. |
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