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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.
Meta co-founder Eduardo Saverin is the new richest person in Singapore, according to a Forbes list. Who else made it to the list?
The Singapore stock market on Tuesday ended the two-day winning streak in which it had gathered more than 20 points or 0.6 percent. The Straits Times Index now sits just above the 3,225-point plateau and it may extend its losses on Wednesday.
Despite a slowing economy, more than half are wealthier from a year ago.
Ahead of Friday's market holiday for Election Day, the Singapore stock market had bounced higher again, one day after snapping the six-day winning streak in which it had jumped almost 70 points or 2.