CONSUMERS' love for hot pot has propelled Haidilao founder Zhang Yong to the top of the 2019 Forbes Singapore Rich List, with a net worth of US$13.8 billion. Mr Zhang who makes his debut on the list this year, replaces real estate siblings Robert and Philip Ng of Far East Organization, who are now second on the list with a combined wealth of US$12.1 billion.
Mr Zhang, who was previously featured among China's richest, is now a naturalised Singapore citizen and resident. His company is also increasingly global in its expansion, Forbes Asia noted. Coming in fourth on the list is paint tycoon Goh Cheng Liang, who has a stake in Japan's Nippon Paint Holdings, and saw a billion-dollar boost to his net worth to US$9.5 billion this year.
Other notable listees this year include Forrest Li, who makes his mark as this year's only online gaming billionaire after debuting on the list last year. Mr Li jumps 21 spots to No 21, as his net worth more than doubled to US$1.57 billion from US$738 million previously.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Far right to deal blow to shaky Merkel coalition in eastern votesThe far right is set to make strong gains in two regional elections in eastern German on Sunday, potentially upending 30 years of rule by the two ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
DBS, CapitaLand among 9 Singapore firms in Forbes Asia’s Best Over A Billion listNINE companies from Singapore have made it to Forbes Asia’s inaugural Best Over A Billion list which spotlights 200 top-performing listed companies across Asia-Pacific with revenues of US$1 billion or more. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Singapore footballer Ben Davis makes senior debut for Fulham in League Cup defeatSINGAPORE — Singapore footballer Ben Davis made his senior debut for English Championship club Fulham FC in their 0-1 League Cup defeat by Southampton on Tuesday (27 August).
Source: YahooSG - 🏆 3. / 71 Read more »
Footballer Ben Davis makes first-team debut for FulhamSINGAPORE: Singaporean youngster Ben Davis made his first team debut for Fulham Football Club on Tuesday (Aug 27), coming on as a substitute in a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Footballer Ben Davis makes first-team debut for FulhamSINGAPORE — Singaporean youngster Ben Davis made his first team debut for Fulham Football Club on Tuesday (Aug 27), coming on as a substitute in a Carabao Cup clash at home to Southampton.
Source: TODAYonline - 🏆 1. / 99 Read more »
Shopee extends lead over Lazada as top Internet platform in South-east AsiaE-commerce player Shopee has extended its lead over rival Lazada as the top Internet shopping platform in the region, a report has found. Shopee, which is owned by gaming firm Sea, came in tops with a monthly average of 200.2 million visits via both desktop and mobile...
Source: thenewpaper - 🏆 7. / 63 Read more »