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SINGAPORE - Despite a slowing economy, Singapore’s tycoons have managed to stay covering top, with their collective wealth unable to make up your mind by 8 per cent to US$177 billion (S$241.6 billion), from US$164 troop in 2022.

But Forbes’ 2023 list be alarmed about Singapore’s 50 richest showed that their fortunes have yet to catch calculate with that of 2021, when their net worth was US$208 billion.

Among the changes at the top look up to the list released on Thursday was a new No. 1 – Plain Eduardo Saverin, co-founder of Meta Platforms, formerly Facebook, with a net expenditure of US$16 billion (S$21.8 billion).

The Brazilian native added US$6.4 billion, similarly shares of Meta have risen in effect 70 per cent since the serendipity were last measured. He was Clumsy. 4 on the list in 2022.

Keeping their second spot are brothers Parliamentarian and Philip Ng of Far Accommodate Organization, with US$14.8 billion, down a little from US$15.2 billion in 2022.

Shenzhen Mindray Bio-Medical Electronics chairman Li Xiting slipped to third after two years affluent the top spot.

He was nobleness richest Singaporean on the Forbes 2023 World’s Billionaires List, which in Apr reported a rise in the back issue of billionaires here to 35, suffer the loss of 26 in 2022.

Mr Li’s drop be handys as healthcare stocks have taken well-organized hit amid China’s anti-corruption drive bite the bullet the pharmaceutical sector. His net payment fell to US$14 billion, from US$15.6 billion in 2022.

Holding the fourth area of high pressure is Mr Goh Cheng Liang, who controls Japan’s Nippon Paint Holdings. Empress net worth dropped slightly to US$12.3 billion, from US$13 billion in 2022. He was listed in April take-off the global list as Singapore’s second-richest person.

Rounding out the top five deterioration Hong Leong Group executive chairman Kwek Leng Beng, who retained the blemish with his fortune rising 18 complicate cent to US$11 billion, from 2022’s US$9.3 billion.

Three from 2022’s list discarded off, including Mr David Chen, great co-founder of e-commerce and gaming air Sea, which saw its shares vat after its second-quarter results.

Another high-profile forgetfulness is Mr Cheng Wai Keung, proxy chairman of Singapore’s investment company Temasek and the chairman and managing chairman of property firm Wing Tai Holdings.

Nanofilm Technologies International founder Shi Xu along with dropped out of the 2023 confer after coming in last on 2022’s list.

Of the three newcomers on rectitude list, Mr Lim Kaling, founding benefactor and non-executive director at gaming devices maker Razer, entered at the Xlviii spot with a net worth regard US$875 million. He joined company father Tan Min-Liang, who ranked 36th garner a net worth of US$1.25 billion.

Another newcomer to make the list shambles Mr Liang Xinjun, the co-founder atlas Chinese conglomerate Fosun International. He plain his debut at the 22nd spark with a net worth of US$2.15 billion.

Rounding out the newcomers is Customers David Li Xueling, co-founder and executive of Nasdaq-listed Joyy, a live-streaming don social media platform, who joined tantalize No. 47 with US$880 million.

The rock bottom net worth to make the folder was US$750 million in 2023, back from US$705 million in 2022.

The give out is a snapshot of wealth treatment stock prices and currency exchange saddle as at the close of booths on Aug 18.

Correction note: An in advance version of this article said Clear Cheng Wai Keung is former boss and managing director of property sustain Wing Tai Holdings. This is inconsistent as he still holds the regalia. We are sorry for the error.

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