Singapore's 50 richest people worth US$177B, Singapore 2022 GDP US$417B theindependent.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theindependent.sg Daily Mail and Mail on Sunday newspapers.
The combined wealth of tycoons on the 2023 Forbes list of Singapore’s 50 Richest rose by 8% to US$177 billion. Eduardo Saverin is the new number one with $16 billion.
Haidilao International Holding Ltd. (OTCMKTS:HDALF – Get Rating) was the recipient of a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 7,932,700 shares, a drop of 16.6% from the May 15th total of 9,506,300 shares. Based on an average trading volume of 900 shares, […]
Another day, another slay for Singapore. In the latest World's Wealthiest Cities report, Singapore sealed fifth place on the list by international investment migration firm Henley & Partners and global wealth intelligence firm New World Wealth. Our city-state was ranked above Hong Kong, which came in seventh on the list. Accordingly, the number of millionaires, or high-net-worth individuals with investable...
Li Xiting, founder and chairman of Shenzhen Mindray Bio-Medical Electronics, a global provider of medical devices based in China, has again topped Forbes’ list of billionaires in Singapore.
The COVID-19 pandemic played a significant role in increasing Mr Li's wealth, given that Mindray Medical is China's largest medical device manufacturer. In April 2020, Mr Li's net worth was US$12.5 billion. It almost doubled in 2021, growing to US$23 billion.
Over the weekend, Sichuan hot pot chain Haidilao International’s co-founder Shi Yonghong, was reported to have paid $50 million for a Good Class Bungalow (GCB) at Cluny Hill from Dr Lee Wei Ling, the daughter of the late Prime Minister Lee Kuan Yew and sister of Prime Minister Lee Hsien Loong. The bungalow sits within the Cluny Hill GCB Area,...