SINGAPORE - Despite a slowing economy, Singapore’s tycoons have managed to stay on top, with their collective wealth rising by 8 per cent to US$177 billion , from US$164 billion in 2022.
The Brazilian native added US$6.4 billion, as shares of Meta have risen nearly 70 per cent since the fortunes were last measured. He was No. 4 on the list in 2022. He was the richest Singaporean on the Forbes 2023 World’s Billionaires List, which in April reported a rise in the number of billionaires here to 35, from 26 in 2022.
Three from 2022’s list dropped off, including Mr David Chen, a co-founder of e-commerce and gaming company Sea, which saw its shares tank after its second-quarter results.
Source: Financial Digest (financialdigest.net)
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