UOB CEO's daughter Grace Wee is purchasing a GCB along Ford Avenue.It's more money than most would see in a lifetime and more space than what most can fill, but Grace Wee likely knew what she was doing when she forked out close to $40 million for a Good Class Bungalow near Holland Village.
Grace's father, Ee Cheong, reportedly holds a net worth of US$4.6 billion and is the richest of Wee's children, Bloomberg reported. Ee Cheong and his brothers, Wee Ee Chao and Wee Ee Lim, are among 39 billionaires from Singapore, reported The Straits Times today . During his time as CEO, there was a scandal regarding bribes made toward Brazil's state-controlled oil company Petroleo Brasileiro SA, The Straits Times reported in January 2018.
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.
Iconic Melbourne Restaurant MoVida’s Tapas Served At Surrey Hills’ New Holland Village Cafe8days.sg gets an exclusive preview of the local chain’s largest branch, which serves 10 of MoVida’s famous dishes. There’s also an ice cream truck and dog bakery.
Source: TODAYonline - 🏆 1. / 99 Read more »
UOB CEO’s daughter buys GCB worth S$39.5M from ex-Keppel CEOThe GCB is located on Ford Avenue
Source: IndependentSG - 🏆 9. / 63 Read more »
Luxury property market 'stable' despite GCB sales hitting record lowpstrongOnly 23 good class bungalows were sold in 2023, the lowest in 27 years./strong/p pThe luxury residential market in Singapore remains resilient amidst a notable drop in transactions, with prices showing growth, reports CBRE.
Source: SBRMagazine - 🏆 13. / 51 Read more »
Former National Development Minister Mah Bow Tan's GCB sold for $50mFormer Minister for National Development Mah Bow Tan has reportedly sold his Good Class Bungalow (GCB) off Holland Road for $50 million. Mah was the Minister for National Development between 1999 and 2011. Prior to that, he was the Environment Minister from 1993 to 1995 and the Minister of State for Trade and Industry from 1990 to 1991. He stepped.
Source: asiaonecom - 🏆 10. / 59 Read more »
Three Sons of Late Banking Tycoon Wee Cho Yaw Become BillionairesUOB chief executive Wee Ee Cheong and his brothers, Mr Wee Ee Chao and Mr Wee Ee Lim, have become billionaires, according to Forbes' list of global billionaires. The collective net worth of Singapore billionaires is estimated at US$115.5 billion in 2024.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Sons of late banker Wee Cho Yaw among world’s new billionaires on Forbes listThe newcomers to the list include pop star Taylor Swift, whose wealth stood at US$1.1 billion.
Source: The Straits Times - 🏆 8. / 63 Read more »