Quek Leng ChyeCeline TangLim Hock CheeRobert NgEduardo SaverinKeith WongDavid ChenForrest LiKwek Leng BengQuek Leng ChanPhilip NgCharles WongKelvin WongGordon TangGang YeOCBCSea LimitedMeta PlatformsSuntec REITCity Developments LimitedNippon Paint HoldingsSheng Siong GroupMeta Platforms, Inc.Oversea-Chinese Banking CorpHong Leong HoldingsCharles & KeithTikTok ShopNippon PaintFar East Organization

Singapore's 50 richest hold at US$239 billion as tech fortunes slide; Saverin tops list for 4th year despite US$10.1 billion loss

Singapore's 50 richest individuals hold a combined fortune of US$239 billion, unchanged from last year, as tech fortunes decline. Eduardo Saverin tops the list for the fourth year despite a US$10.1 billion loss, while the Lee family sees the largest gain, rising 78% to US$13.8 billion.

Vulcan Post+2 sources3 September 2026 · 10:25 UTC
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Singapore's 50 richest individuals hold a combined fortune of US$239 billion, unchanged from last year, as declines in technology-related wealth offset gains in other sectors.12

Eduardo Saverin, the Facebook co-founder, remains the wealthiest for the fourth consecutive year, despite a US$10.1 billion drop in his net worth to US$32.9 billion due to a 25% decline in Meta Platforms' shares.12

The Lee family emerged as the biggest gainers, with their fortune soaring 78% to US$13.8 billion, primarily from a stake in Oversea-Chinese Banking Corp (OCBC), which saw its shares nearly double.56

Following Saverin, Kwek Leng Beng and his family retained second place, increasing their wealth by US$1.8 billion to US$16.1 billion. The Ng brothers held onto third place with a combined fortune of US$14.3 billion.34

Meanwhile, the fortunes of Sea's co-founders—Forrest Li, Gang Ye, and David Chen—declined by a total of US$5.85 billion amid fierce competition from TikTok Shop, impacting their e-commerce margins.8

Notably, Lim Hock Chee of Sheng Siong Group saw his family's wealth rise to US$2.7 billion after a 54% surge in shares. The list also welcomed Quek Leng Chye at No. 48 with a fortune of US$1.2 billion.91011

Overall, 35 of the 50 listees experienced wealth growth, supported by Singapore's robust economic performance in sectors like banking, property, and retail.13

Key Insight
“The Lee family was the biggest gainer, with their fortune jumping 78% to US$13.8 billion on a near-doubling of OCBC shares. Meanwhile, Sea co-founders collectively lost US$5.85 billion as Shopee faced tougher competition from TikTok Shop.”
CuriousCats studied:
1
Vulcan Post
“35 of the 50 listees saw their fortunes grow, buoyed by Singapore’s strong economic performance and gains in sectors such as banking, property and retail.”
Vulcan Post →
2
The Standard (HK)
“Amid a decline in tech-related fortunes, the collective wealth of Singapore’s 50 richest remained at US$239 billion (HK$1.86 trillion) on the 2026 Forbes list, unchanged from last year, led by Facebook co-founder Eduardo Saverin even as fortune slipped.”
The Standard (HK) →
3
The StarThe Star
“The combined wealth of Singapore’s 50 richest remained flat at US$239bil in 2026, as declines in technology-related fortunes offset gains among most of the country’s wealthiest individuals and families.”
The Star →
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