Forbes richest singapore: Singapore’s 50 Richest On Forbes List See Collective Wealth Rise 25%

Singapore’s 50 Richest On Forbes List See Collective Wealth Rise 25%

SINGAPORE (August 12, 2021) – Amid a rebounding stock market and economy, 36 tycoons on the 2021 Forbes’ Singapore Rich List saw their fortunes rise. This year the list has 42 fortunes worth US$1 billion or more. The combined net worth of the country’s 50 richest rose to $208 billion, up 25% from $167 billion last year. The complete list can be found here, as well as in the August issue of Forbes Asia.

After shrinking 5.8% in 2020, Singapore’s economy has revived and is expected to grow 6% to 7% this year. Regarded as one of the safest havens amid a global pandemic, the country is looking to ease border restrictions as vaccinations rise but remains on alert for any new upticks in Covid-19 infections. Despite uncertainties, the benchmark Straits Times Index rose 26% since fortunes were last measured a year ago.

Li Xiting of Shenzhen Mindray Bio-Medical Electronics takes the top spot on the list for the first time; he is at No.1 with a net worth of $23 billion. With the coronavirus still at large, shares of his company, a maker of high-tech medical devices, rose 19% since last year, adding $5.2 billion to his net worth. 

Facebook cofounder Eduardo Saverin added $6.5 billion to reclaim the No. 2 position after a two-year gap, with a record $20.5 billion fortune. Occupying third place on the list is paints tycoon Goh Cheng Liang, whose net worth rose $3.8 billion to $18.6 billion. His oldest son Goh Hup Jin orchestrated a $12 billion deal that increased the family’s holding to a majority stake in Japan’s Nippon Paint Holdings.

Hotpot couple Zhang Yong and Shu Ping, ranked No.1 last year, slips to No. 4 with a net worth of $16 billion, down from $19 billion previously. Shares of their restaurant chain, Haidilao International Holding, dropped nearly 17% the day net worths were locked in on news that the company’s performance was below expectations. They are among the seven listees whose fortunes declined.

Singapore’s efforts to foster a culture conducive to startups are paying off, as one-fifth of the list members are now self-made tech tycoons. Three among them, namely Forrest Li (No. 5, $15.9 billion), Gang Ye (No. 7, $10.3 billion) and David Chen (No. 13, $3.1 billion), cofounders of gaming and e-commerce firm Sea, are the biggest gainers in percentage terms after having more than doubled their individual wealth. The Sea trio have a collective wealth of $29.3 billion, up $16.7 billion from $12.6 billion from a year ago.

There are three newcomers this year. Making his debut on the Singapore Rich List is the Malaysian-born cofounder of Grab, Anthony Tan (No. 47, $790 million), who has previously featured among Malaysia’s richest. Tan, a Singapore citizen, is aiming to conclude one of the biggest SPAC deals later this year that values the Singapore-headquartered ride-hailing and delivery giant at $40 billion. Also new to the list are former college professor Shi Xu (No. 24, $1.8 billion), who became a billionaire following the October IPO of his NanoFilm Technologies International, and crypto billionaire Changpeng Zhao (No. 22, $1.9 billion), who has been living in Singapore since 2019.

There are three drop-offs on this year’s list, including pioneering shipping tycoon Chang Yun Chung, who died last September at age 102. His privately held Pacific International Lines, which was impacted by Covid-19 headwinds, concluded a debt restructuring plan in March that diluted the family’s holding to a minority stake.

The minimum net worth to make the list this year was $735 million, up from $610 million last year.

The top 10 richest in Singapore are:

  1. Li Xiting; US$23 billion
  2. Eduardo Saverin; $20.5 billion
  3. Goh Cheng Liang; $18.6 billion
  4. Zhang Yong & Shu Ping; $16 billion
  5. Forrest Li; $15.9 billion
  6. Robert & Philip Ng; $14.2 billion
  7. Gang Ye; $10.3 billion
  8. Kwek Leng Beng; $8.5 billion
  9. Wee Cho Yaw; $6.8 billion
  10. Khoo Family; $6.5 billion

The list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges, analysts and other sources. Unlike the billionaire rankings, this list includes family fortunes, including those shared among extended families such as that of Kwek Leng Beng and his cousins. Net worths are based on stock prices and exchange rates as of the close of markets on July 26, 2021. Private companies were valued based on similar companies that are publicly traded. The list can also include foreign citizens with business, residential or other ties to the country, or citizens who don’t reside in the country but have significant business or other ties to the country.

For more information, visit www.forbes.com/singapore.

Forbes Media

Forbes champions success by celebrating those who have made it, and those who aspire to make it. Forbes convenes and curates the most-influential leaders and entrepreneurs who are driving change, transforming business, and making a significant impact on the world. The Forbes brand today reaches more than 140 million people worldwide every month through its trusted journalism, signature LIVE and Forbes Virtual events, custom marketing programs and 32 licensed local editions in 71 countries. Forbes Media’s brand extensions include real estate, education, and financial services license agreements. For more information, visit the Forbes News Hub or Forbes Connect.

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Singapore’s 50 Richest On Forbes List Buck Downward Trend

SINGAPORE (August 20, 2020) – Tycoons on the 2020 Forbes Singapore Rich List saw their collective wealth rise US$37 billion to $167 billion, amid a declining economy and stock market. The complete list can be found here and in the August issue of Forbes Asia.

Pandemic-induced economic pains have pushed Singapore into recession. For the quarter ended in June, the trade-dependent country reported a year-on-year 13.2% drop in GDP, despite US$68 billion in stimulus packages by the government to shore up the economy. The benchmark STI stock index has also fallen 21% from a year ago when fortunes were last measured.

Despite the economic downturn, the combined wealth of Singapore’s top 50 richest rose 28%. The city-state, which has become a magnet for tycoons from around the world, has benefited by providing a home for these wealthy expats, some taking citizenship. They occupy three of the top five spots on the list.

China-born hotpot billionaire Zhang Yong (No. 1, $19 billion), whose wife Shu Ping, a cofounder and director of Haidilao International Holding, is listed together with him this year, added $5.2 billion to retain the No. 1 spot. A new entrant, Li Xiting, cofounder and chairman of Shenzhen Mindray Bio-Medical Electronics, takes the No. 2 spot with a net worth of $17.8 billion. A surge in demand for Shenzhen Mindray’s ventilators and other medical devices sent its Shenzhen-listed shares soaring amid the pandemic. Li is now a naturalized Singapore citizen like Zhang.

Paint tycoon Goh Cheng Liang of Nippon Paint moves one spot up to No. 3 as his net worth increased to $14.8 billion from $9.5 billion last year. At No. 4 is Facebook cofounder Eduardo Saverin, who benefited from the rise of Facebook shares, boosting his wealth to $14 billion. Rounding out the top five are real estate siblings Robert and Philip Ng of Far East Organization, whose combined net worth rose $1.1 billion to $13.2 billion.

The three cofounders of gaming and e-commerce firm Sea Ltd, a homegrown success story best known for its super-hit Free Fire online game, notched up record gains as more people turned to gaming and online shopping while under lockdown. Chairman and CEO Forrest Li (No. 7, $7.1 billion) added $5.53 billion to his wealth and entered the ranks of the top ten richest for the first time. He is also the cover story subject of the August issue of Forbes Asia.

Sea’s chief operating officer Gang Ye (No. 11, $4.1 billion) saw an impressive 356% jump in his net worth, the largest percentage gain of any fortune on the list. Thanks to the stratospheric rise in Sea’s shares, which have increased 283% since fortunes were last measured, the firm’s third cofounder David Chen became a billionaire as well and makes his debut at No. 25 with a net worth of $1.37 billion.

Binny Bansal (No. 33, $1.1 billion) is the youngest newcomer at age 37 to make this year’s list. In 2018, Walmart acquired a 77% stake for $16 billion in Flipkart, the Indian company which he cofounded. Bansal relocated to Singapore last year with his family and is now a venture capitalist with investments in more than 40 ventures.

While three of the four newcomers are billionaires, the net worth of Teo Swee Ann (No. 36, $990 million), cofounder and CEO of fast-rising semiconductor firm Espressif Systems, is just shy of the ten-digit mark. His company designs chipsets and software which power goods such as speakers, wearable devices and home appliances.

The big gains enjoyed by some listees more than offset the declines suffered by more than half of the tycoons on the list. Hoteliers such as Koh Wee Meng (No. 41, $870 million) of the Fragrance Group and Michael Kum (No. 43, $730 million) of M&L Hospitality saw their fortunes fall as tourism stalled. Four dropped off the list, including Lim Oon Kuin, whose privately held Hin Leong Trading, one of Singapore’s largest oil traders, filed in April for bankruptcy.

The minimum amount required to make the list increased to $610 million this year from $560 million previously.

 The top 10 richest in Singapore are:

  1. Zhang Yong & Shu Ping; US$19 billion
  2. Li Xiting; $17.8 billion
  3. Goh Cheng Liang; $14.8 billion
  4. Eduardo Saverin; $14 billion
  5. Robert & Philip Ng; $13.2 billion
  6. Kwek Leng Beng; $8.8 billion
  7. Forrest Li; $7.1 billion
  8. Khoo family; $6.3 billion
  9. Kwee brothers; $5.5 billion
  10. Wee Cho Yaw; $5.3 billion

 The list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges, analysts and other sources. Unlike the billionaire rankings, this list includes family fortunes, including those shared among extended families such as that of Kwek Leng Beng and his cousins. Net worths are based on stock prices and exchange rates as of the close of markets on August 3, 2020. Private companies were valued based on similar companies that are publicly traded.

-END-

Forbes Media:

The defining voice of entrepreneurial capitalism, Forbes champions success by celebrating those who have made it, and those who aspire to make it. Forbes convenes and curates the most influential leaders and entrepreneurs who are driving change, transforming business and making a significant impact on the world. The Forbes brand today reaches more than 120 million people worldwide through its trusted journalism, signature LIVE events, custom marketing programs and 40 licensed local editions in 70 countries. Forbes Media’s brand extensions include real estate, education and financial services license agreements. For more information, visit the Forbes News Hub or Forbes Connect.

For media queries, please contact:

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Catherine Ong, tel: +65 6327 6088, cell: +65 9697 0007, [email protected]

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Hotpot billionaire couple Zhang Yong, Shu Ping top Forbes list of Singapore’s richest, Singapore News & Top Stories

SINGAPORE – The Covid-19 pandemic has not blunted the wealth of Singapore’s richest, even as it propelled some ahead of others.

Haidilao founder Zhang Yong tops the list again this year, adding US$5.2 billion (S$7.1 billion) to his net worth. His wife Shu Ping, who is co-founder and director of Haidilao International Holding, is listed together with him this year.

The couple leads the pack with a combined net worth of US$19 billion.

Mr Li Xiting, co-founder and chairman of Shenzhen Mindray Bio-Medical Electronics, came in second with a net worth of US$17.8 billion.

He is a new entrant to the list, propelled by his company’s soaring share prices due to a surge in demand for its ventilators amid the pandemic.

Both Mr Li and Mr Zhang are naturalised Singapore citizens.

Paint tycoon Goh Cheng Liang of Nippon Paint, tech mogul Eduardo Saverin and real estate siblings Robert and Philip Ng of Far East Organization took the third, fourth, and fifth spots respectively in this year’s edition of the Forbes Singapore Rich List.

The list, which ranks Singapore’s 50 richest people, saw their collective wealth rise by 28 per cent to US$167 billion, from last year’s US$130 billion.

Mr Goh moves up one spot to No. 3 as his net worth increased to US$14.8 billion from US$9.5 billion last year.

Facebook shares, which hit record highs during the pandemic, boosted Mr Saverin’s wealth to US$14 billion.

The Ng brothers, who run Far East Organization, also saw their combined net worth increase by US$1.1 billion to US$13.2 billion. But the increase was not enough to arrest their drop from last year’s No. 2 to No. 5 this year.

Mr Forrest Li, group chief executive and chairman of gaming and e-commerce firm Sea, broke into the ranks of the top 10 on Forbes’ list this year. He added US$5.53 billion to his wealth to be at No. 7 with US$7.1 billion. Sea is Singapore’s most valuable home-grown public company.

The fortunes of some tycoons, however, have taken a hit due to the pandemic.

Hoteliers saw their wealth fall as tourism stalled. Mr Koh Wee Meng of the Fragrance Group dropped nine spots to No. 41 after his net worth was eroded from US$1.2 billion last year to US$870 million this year.
Mr Michael Kum of M & L Hospitality went from No. 35 to No. 43 – his US$730 million this year is US$200 million less than last year. 

Four tycoons exited the list this year, including Lim Oon Kuin, the man behind one of Singapore’s largest oil traders, Hin Leong Trading, which is privately held. In April, the company filed for bankruptcy, after it was bogged down by debts of almost US$4 billion.

The cutoff to make the top 50 increased from US$560 million last year to US$610 million this year.

Ventilator firm founder Li Xiting tops Forbes list of Singapore’s richest, Business News & Top Stories

SINGAPORE – The founder of ventilator maker Shenzhen Mindray Bio-Medical Electronics Co, Mr Li Xiting, took the top spot on Forbes’ Singapore Rich List for the first time this year, with his net worth soaring amid the Covid-19 pandemic.

Mr Anthony Tan, co-founder of super app Grab, was among three new additions to the list, which compiles the 50 richest people in the Republic.

Alongside him were Dr Shi Xu, founder of nanotechnology solutions company Nanofilm, and Mr Zhao Changpeng, founder and chief executive of cryptocurrency exchange Binance.

The combined net worth of Singapore’s 50 most affluent rose 25 per cent to US$208 billion (S$282 billion) this year, with 42 entrants worth US$1 billion or more.

Mr Li, whose company’s shares have risen about 19 per cent since last year due to a surge in demand for its medical devices during the coronavirus outbreak, occupied the second spot on last year’s list. The naturalised Singaporean added some US$5.2 billion to his net worth over the past year.

Grab’s Mr Tan, the scion of Malaysia car distributor Tan Chong Motor’s president, aims to list in the United States through a special purpose acquisition company (Spac) deal which would value the company at around US$40 billion.

He has previously featured among Malaysia’s richest. 

Meanwhile, Dr Shi saw his net worth surge after Nanofilm listed last year. The company entered an agreement with state investor Temasek in July to invest in a joint venture to explore solutions around the use of hydrogen as an energy source. 

Second on this year’s list was Facebook co-founder and venture capitalist Eduardo Saverin, while paint tycoon Goh Cheng Liang came in third.

Mr Goh’s Wuthelam Holdings took a majority stake in Japan’s biggest paint maker Nippon Paint Holdings in a US$12 billion deal which was completed in January. This contributed to his net worth growing by US$3.8 billion to US$18.6 billion.

One-fifth of those listed in the August issue of Forbes Asia are tech tycoons, indicating that  Singapore’s efforts to foster a culture conducive to start-ups are paying off.

They include the three co-founders of e-commerce platform Shopee’s parent company Sea – Mr Forrest Li, Mr Ye Gang and Mr David Chen – who made the top half of the list.

They were the biggest gainers on the list in percentage terms, with a collective wealth of US$29.3 billion, more than doubling their US$12.6 billion net worth a year ago.

Sea, which is listed on the New York Stock Exchange, was awarded one of Singapore’s two digital full bank licences last year and was added to the MSCI Singapore Index in May. 

Hotpot chain Haidilao’s Mr Zhang Yong and Ms Shu Ping, who were ranked first in last year’s list, slipped to fourth this year as their net worth dipped to US$16 billion from US$19 billion a year ago.

Haidilao International Holding’s shares have slipped in recent months, reflecting the challenges faced by the global restaurant industry during the pandemic.

In July, its shares plunged 32 per cent over five days, making it  this year’s worst performer on Hong Kong’s Hang Seng Index.

The couple were among seven entrants on the Forbes list whose wealth declined in the past year.

The minimum net worth to make this year’s list was US$735 million, up from US$610 million last year.

The list includes family fortunes – and those shared among extended families. Foreign citizens who reside in Singapore, as well as those who are not residents but have significant business or other ties to the Republic, can also be included in the list.

The entrants’ net worth is based on stock prices and exchange rates as at market close on July 26, 2021.

Grab, Binance founders new entrants to Forbes’ 2021 richest in S’pore

Superapp Grab’s co-founder Anthony Tan made it as one of the three new additions to Forbes’ Singapore 50 richest people this year. Alongside him was Binance founder and chief executive Zhao Changpeng, as well as founder of nanotech solutions Nanofilm Dr Shi Xu.

The richest man in Singapore this year is Li Xiting, founder of ventilator maker Shenzhen Mindray Bio-Medical Electronics.

Venture capitalist and co-founder of Facebook Eduardo Saverin came second on this year’s list, while paints tycoon Goh Cheng Liang came in third.

The combined net worth of Singapore’s 50 richest people climbed 25 per cent to S$282 billion (US$208 billion) this year, with 42 people’s individual net worth reaching more than S$1.4 billion (US$1 billion).

One-fifth of those listed this year are tech tycoons. Other tech founders on the list include Sea Limited’s Forrest Li, Ye Gang, and David Chen.

The pandemic had impacted certain sectors including the food and beverage industry, and Hotpot chain Haidilao’s Zhang Yong and Shu Pink slipped down the rankings from first last year to fourth place. Their net worth dipped from US$19 billion to US$16 billion.

Here’s a quick look at some of Singapore’s richest people:

Number 1: Li Xiting (US$23 billion)

Image Credit: South China Morning Post

Li Xiting made his wealth through selling medical devices. He is the founder and chairman of medical devices supplier Shenzhen Mindray Bio-Medical Electronics, and has a net worth of US$23 billion.

The 70-year-old holds an undergraduate degree from the University of Science and Technology of China.

During the pandemic, Mindray donated US$4.6 million worth of medical devices to hospitals in hard-hit areas like China’s Wuhan and northern Italy.

Number 2: Eduardo Saverin (US$20.5 billion)

Image Credit: Bloomberg

Eduardo Saverin is best known as the co-founder of Facebook. The 39-year-old is now a venture capitalist, but still derives most of his wealth from his small stake in the tech giant.

In 2016, he launched venture fund B Capital, with BCG and Bain Capital veteran Raj Ganguly. The fund has US$1.4 billion of assets under management.

Eduardo has been a Singapore resident since renouncing his US citizenship in 2012 ahead of Facebook’s public listing.

Number 3: Goh Cheng Liang (US$18.6 billion)

Image Credit: Billionaire Monitor

94-year-old Goh Cheng Liang started off making paints in a small factory in Singapore before he went on to partner with Japan’s Nippon Paint in 1962.

Today, he gets the bulk of his wealth from a stake in the Japanese firm, which is the fourth largest paint manufacturer in the world. In March this year, the company celebrated its 140th anniversary.

Nippon Paint has partnered with the University of Tokyo for research on new products that offer protection against Covid-19.

Number 22: Zhao Changpeng (US$1.9 billion)

Image Credit: Forbes

45-year-old Zhao Changpeng goes by the nickname “CZ”, and is the founder and CEO of Binance, the largest cryptocurrency exchange in the world.

In 2020, Binance reached US$2 trillion in total trading volume, and its Binance Coin (BNB) is now the third-biggest cryptocurrency by market cap.

Zhao is temporarily based in Singapore. Binance has been facing regulatory scrutiny in several countries, and Zhao had said that he is working with the authorities for the betterment of the cryptocurrency industry.

Number 47: Anthony Tan (US$790 million)

Image Credit: Financial Times

Anthony Tan is the chief executive and co-founder of Southeast Asia’s dominant ride-hailing app, Grab. The 39-year-old struck out on his own in 2012 to run Grab – he is the son of Tan Heng Chew, the president of Tan Chong Motor.

Grab now offers services in eight countries and has branched out into motorcycle taxis, delivery services, and software research and development.

The tech giant is working on listing on the public market via a special purpose acquisition company or SPAC deal as soon as the end of this year. The deal is set to value the company at S$54 billion (US$40 billion).

Anthony is listed on Forbes as a Singapore Citizen. The entrepreneur recently made the news with a purchase of a good class bungalow near Holland Village for S$40 million.

Forbes rich list selection criteria

Forbes measures the entrants’ net worth based on stock prices and exchange rates. The list includes family fortunes and those shared among extended families.

Foreign citizens who reside in Singapore, as well as those who are not residents but have significant business or other ties to the Republic, can also be included in the list.


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Featured Image Credit: Financial Times, Forbes

Li Xiting is now Singapore’s Richest Person in 2021

Image: Mindray

Singapore’s Rich List 2021 is now out and taking the top spot this year is Li Xiting.

According to Forbes, the founder and chairman of Shenzhen Mindray Bio-Medical Electronics has a net worth of US$23 billion, making him the richest person in Singapore. Li ranks 82 in the World’s Billionaire List 2021. 

2020 was a year fraught with subpar economic performances as the world battled with Covid-19. Despite the less-than-ideal condition for businesses, Li’s Mindray Bio-Medical Electronics has recorded high demand for its ventilators and other medical devices. The company’s share price has risen about 19 per cent since last year. Li, a naturalised Singaporean, added some US$5.2 billion to his overall net worth. Last year marked the first time Li was included into Singapore’s edition of the Rich List.

Li Xiting, founder and chairman of Shenzhen Mindray Bio-Medical Electronics. Image: Mindray

As Li’s company grew, it became one of China’s largest medical device makers. Understanding his role and the changes that he can bring about for the world, Li has stepped up his philanthropic efforts. The billionaire donated US$16 million to his alma mater, the University of Science and Technology of China. Aside from that, Li has previously contributed to the university where the money was spent on procuring medical equipment for its affiliated hospitals.

Li’s philanthropy is not restricted to China, his company donated US$4.6 million worth of medical devices to medical institutions in areas that were hit the hardest such as Northern Italy. 

Last year, the top seat was shared between Zhang Yong and Shu Ping, the founders of the international hot pot restaurant chain Haidilao. Their combined net worth dipped from US$19 billion to US$16 billion, sliding to the fourth position on the Rich List. The decrease could be attributed to the various safe distancing measures implemented by the different countries. In Singapore, most food establishments had to reduce their capacities translating to weakened sales.

Singapore’s economy shrank by 5.8 per cent in 2020 but has now begun to grow again. According to the Ministry of Trade and Industry, it has upgraded the GDP forecast of the country from six to seven per cent, up from four to six per cent as mentioned earlier. The combined wealth of the country’s top 50 richest ballooned to US$208 billion from US$167 billion. 

Below is the list of the top 10 richest in Singapore

  1. Li Xiting, US$23 billion
  2. Eduardo Saverin, US$20.5 billion
  3. Goh Cheng Liang, US$18.6 billion
  4. Zhang Yong and Shu Ping, US$16 billion
  5. Forrest Li, US$15.9 billion
  6. Robert and Philip Ng, US$14.2 billion
  7. Ye Gang, US$10.3 billion
  8. Kwek Leng Beng and family, US$8.5 billion
  9. Wee Cho Yaw, US$6.8 billion
  10. Khoo family, US$6.5 billion

For more billionaire reads, click here.

Grab CEO & Binance CEO, both billionaires, enter Forbes 2021 S’pore richest list – Mothership.SG

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The 2021 Forbes’ Singapore Rich List is out with new additions and a new No. 1 richest person.

The annual list compiles 50 of the richest people here according to net worth.

Top spot: The top spot was filled by Li Xiting, founder of ventilator maker Shenzhen Mindray Bio-Medical Electronics Co.

He is a naturalised Singaporean.

via daydaynews.cc

Three new additions to list:

  • Anthony Tan, co-founder of Grab
  • Shi Xu, founder of nanotechnology solutions company Nanofilm
  • Zhao Changpeng, founder and chief executive of cryptocurrency exchange Binance

Tan is a naturalised Singaporean. He was previously listed on Malaysia’s rich list.

Anthony Tan via Grab

Shi moved from China to Singapore in the early 1990s.

Shi Xu via Nanofilm

Zhao is a Singapore resident.

Zhao Changpeng via

Foreign citizens who reside in Singapore, as well as those who are not residents but have significant business or other ties here, can be included in the list.

The list includes family fortunes and those shared among extended families.

More wealth needed to get on list

The minimum net worth to make 2021’s list was US$735 million (S$998 million), up from US$610 million (S$828 million) in 2020.

The combined net worth of Singapore’s 50 richest rose 25 per cent to US$208 billion (S$282 billion) this year.

Making a fortune in tech

The three co-founders of e-commerce platform Shopee’s parent company Sea — Forrest Li, Ye Gang and David Chen — made the top half of the list.

Three of them, with a collective wealth of US$29.3 billion, more than doubled their US$12.6 billion net worth a year ago.

The top 42 entrants are worth US$1 billion or more each.

Previous No. 1

Hotpot chain Haidilao’s Zhang Yong and Shu Ping dropped from first rank in 2020’s list to fourth this year as their net worth declined from US$19 billion to US$16 billion.

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90,000 Facebook co-founder became Singapore’s richest man

Billionaire Eduardo Saverin, co-founder of Facebook who became a Singapore resident after renouncing US citizenship in 2012, is now the richest person on the island. Now the 35-year-old businessman’s fortune is estimated at $ 10.1 billion, thanks to which he managed to bypass Robert and Philip Ng, who were ranked first in the list of the richest people in Singapore since 2010 with a fortune of $ 10 billion, writes Forbes.

Saverin, who has renounced his US citizenship and has been a resident of Singapore since 2012, has increased his fortune by increasing shares of Facebook, in which he still owns a minority stake.The Brazilian-born entrepreneur ranked second with $ 9.3 billion in Forbes Asia’s August richest people in Asia. Facebook has since surged nearly 13%.

Although most of his fortune is in social media, Saverin is now also a venture capitalist investing in Southeast Asia and beyond. This week, for example, his B Capital Group, along with business legend Ratan Tata and others, invested in MSwipe Technologies, an Indian fintech company.

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The Ng brothers, who were in first place with an estimated net worth of $ 9.4 billion in August, also increased their fortune to $ 10 billion. The gain is partly due to the rise in shares of Hong Kong-based Tsim Sha Tsui Properties, which is controlled by older brother Robert.

Their legendary real estate empire, the Far East Organization, which is Singapore’s largest private owner, was founded by their late father, Ng Teng Fong, who moved from China to Singapore in 1934.Known as the “King of Orchard Road”, he was recognized as the richest Singaporean until his death in 2010, when he passed the baton to his sons.

Despite the recent economic crises, Singapore’s status as a safe haven for foreign investors remains unwavering and remains a magnet for wealthy people around the world. Saverin leads a growing group of foreign entrepreneurs who are among the city’s richest people. Other notable Singaporean billionaires include New Zealander-born Richard Chandler, who heads the Clermont Group, his Clermont Group, American mining baron Robert Friedland and Indian oil and gas tycoon Arvind Tiku.

Singapore and its billionaires | InternationalWealth.info

Establishing Singapore as a financial and business center has made the jurisdiction not only highly attractive to billionaires, but also to people with lower incomes. This is due to the opportunities provided by the government in such spheres of the economy as banking, finance and investments, real estate transactions, which served to increase the inflow of foreign capital into the country.We have already talked about what attracts very rich people to Singapore in the article “Why are the rich aspiring to Singapore in 2015?” Today we will pay more attention to billionaires.

According to the Wealth-X 2014 Billionaire Census (WEALTH-X AND UBS BILLIONAIRE CENSUS 2014), Singapore is home to 32 billionaires with an estimated net worth of US $ 65 billion.

Interesting Facts About Singapore Billionaires

90,028 90,029 91% of Singapore’s billionaires are at least partially self-wealthy;

90,029 66% of billionaires were born outside the jurisdiction;

90,029 16% of Singapore’s billionaires have no after-school vocational training;

  • there are no women billionaires in Singapore;
  • 90,029 75% of billionaires started their own business in the field of private property;

    90,029 88% of billionaires are married;

    90,029 84% of Singapore’s billionaires are active in charity;

    90,029 25% of the country’s billionaires pay special attention to their health and well-being;

    90,029 the average age of a billionaire is 62 years;

    90,029 average asset value – 2 billion US dollars;

    90,029 31% of billionaires made their money in areas of the economy such as banking, finance and investment.

    Offshore Singapore in Wealth-X ratings in 2014:

    1. Regional ranking of the countries of the Asia-Pacific region. Singapore ranks 5th.

    90,093

    No.

    Country

    2014

    2013

    2013-2014

    Number of billionaires

    Total capital (bln.US $)

    Number of billionaires

    Total capital (US $ billion)

    Population,%

    Equity,%

    World

    2325

    7291

    2170

    6516

    7.1

    11.9

    Asia

    560

    1410

    508

    1188

    10.2

    18.7

    1

    China

    190

    440

    157

    384

    21

    14.6

    2

    India

    100

    175

    103

    180

    -2.9

    -2.8

    3

    Hong Kong

    82

    343

    75

    224

    9.3

    53.1

    4

    Japan

    33

    92

    33

    77

    0

    19.5

    5

    Singapore

    32

    65

    27

    64

    18.5

    1.6

    6

    Taiwan

    29

    57

    25

    50

    16

    14

    7

    South Korea

    21

    50

    23

    48

    -8.7

    4.2

    8

    Indonesia

    19

    45

    23

    47

    -17.4

    -4.3

    9

    Thailand

    17

    50

    10

    25

    70

    100

    10

    Philippines

    13

    32

    13

    35

    0

    -8.6

    11

    Malaysia

    12

    38

    10

    37

    20

    2.7

    12

    Kazakhstan

    5

    12

    5

    12

    0

    0

    13

    Mongolia

    2

    4

    14

    Vietnam

    2

    3

    1

    1

    100

    200

    Others

    3

    4

    3

    4

    0

    0

    1. Top 10 countries with the largest number of billionaires per capita.The ranking included countries with a minimum number of billionaires – 5. Singapore ranks 6th.

    Seat

    Country

    Region

    Number of billionaires

    Billionaires per million people

    % of billionaires are foreigners

    1

    Liechtenstein

    Europe

    5

    125

    0

    2

    Bermuda

    Latin America and the Caribbean

    7

    100

    100

    3

    Luxembourg

    Europe

    17

    30.8

    100

    4

    Hong Kong

    Asia

    82

    11.2

    78

    5

    Switzerland

    Europe

    86

    10.8

    55.8

    6

    Singapore

    Asia

    32

    5.8

    65.6

    7

    United Arab Emirates

    Middle East

    46

    4.9

    34.8

    8

    Qatar

    Middle East

    9

    4.1

    11.1

    9

    Kuwait

    Middle East

    12

    3

    0

    10

    Norway

    Europe

    15

    2.9

    0

    1. Top 10 cities in the Asia-Pacific region by the number of billionaires.Singapore – the capital of the jurisdiction – takes 3rd place.

    Seat

    City

    Number of billionaires

    Capital size, US $ bln.

    1

    Hong Kong

    82

    343

    2

    Beijing, China

    37

    98

    3

    Singapore

    32

    65

    4

    Mumbai, India

    28

    97

    5

    Tokyo, Japan

    26

    71

    6

    Shenzhen, China

    25

    58

    7

    Shanghai, China

    21

    46

    8

    Taipei, Taiwan

    21

    43

    9

    SEOUL, South Korea

    20

    48

    10

    Bangkok, Thailand

    17

    56

    1. Top 10 cities in the world by the number of billionaires.Singapore – the capital of the jurisdiction is ranked 10th.

    Seat

    City

    Number of billionaires

    1

    New York, USA

    103

    2

    Moscow, Russia

    85

    3

    Hong Kong

    82

    4

    London, England

    72

    5

    Beijing, China

    37

    6

    Sao Paulo, Brazil

    36

    7

    Istanbul, Turkey

    35

    8

    Dubai, United Arab Emirates

    34

    9

    Paris, France

    33

    10

    Singapore

    32

    11

    Mumbai, India

    28

    12

    Tokyo, Japan

    26

    13

    Los Angeles, USA

    25

    14

    Shenzhen, China

    25

    15

    Geneva, Switzerland

    23

    16

    Mexico City

    21

    17

    Shanghai, China

    21

    18

    Taipei, Taiwan

    21

    19

    Madrid, Spain

    21

    20

    Riyadh, Saudi Arabia

    20

    1. Top 40 countries in the world by the number of billionaires.We will provide a list of 20 countries where the offshore company Singapore ranks 19th, having lost 1 position in the rating, in 2013 it was in 18th place.

    No.

    Change of location

    Country

    2014

    2013

    Number of billionaires

    Capital size, US $ bln.

    Number of billionaires

    Capital size, US $ bln.

    World

    2325

    7291

    2170

    6516

    1

    USA

    571

    2266

    515

    2064

    2

    China

    190

    440

    157

    384

    3

    1

    England

    130

    395

    135

    420

    4

    -1

    Germany

    123

    413

    148

    432

    5

    Russia

    114

    365

    108

    342

    6

    India

    100

    175

    103

    180

    7

    3

    Switzerland

    86

    200

    61

    128

    8

    -1

    Hong Kong

    82

    343

    75

    224

    9

    2

    Brazil

    61

    182

    50

    259

    10

    -2

    Saudi Arabia

    57

    166

    64

    204

    11

    -2

    France

    46

    213

    64

    202

    12

    2

    United Arab Emirates

    46

    132

    37

    45

    13

    Canada

    38

    105

    37

    94

    14

    -2

    Turkey

    38

    69

    38

    56

    15

    2

    Italy

    33

    115

    29

    97

    16

    -1

    Japan

    33

    92

    33

    77

    17

    6

    Spain

    32

    130

    22

    74

    18

    -2

    Australia

    32

    90

    32

    92

    19

    -1

    Singapore

    32

    65

    27

    64

    20

    -1

    Taiwan

    29

    57

    25

    50

    Let’s move from the country to its inhabitants.

    The richest person in Singapore is Philip Ng Chee Tat with an estimated capital of US $ 5.2 billion. Almost 80% of its capital is the value of real estate. Philip Ng Chi Tat – Director of the Far Eastern Organization since 1991. The company, which became the largest owner of real estate in Singapore, was inherited from his father. Philip Ng Chi Tat is involved in charity, he has donated funds to several educational institutions in the country and more than $ 95 million to the hospital, which is named after his father – Teng Fong Ng.

    In second place in the Wealth-X ranking is the country’s youngest billionaire – 32-year-old Brazilian Eduardo Saverin, co-founder of Facebook. Saverin moved to Singapore in 2009 and renounced his US citizenship in 2012. According to the billionaire, this measure saved him millions of US dollars in taxes.

    TOP-5 billionaires of Singapore according to Wealth-X

    90,093

    Seat

    Name

    Capital size, US $ bln.

    Core business

    Field of activity

    Nationality

    1

    Philip Ng Chee Tat

    5.2

    Far Eastern Organization

    Property

    Singapore

    2

    Eduardo Saverin

    4.2

    Anideo

    Technologies

    Brazil

    3

    Richard Chandler

    2.8

    Chandler Corporation

    Diversified investments

    New Zealand

    4

    Kuok Khoon Hong

    2.4

    Wilmar International

    Palm oil

    Singapore

    5

    Sukanto Tanoto

    2.3

    Royal Golden Eagle

    Various companies

    Indonesia

    TOP-10 billionaires of Singapore according to Forbes magazine

    Seat

    Name

    Capital size, US $ bln.

    Core business

    Nationality

    1

    Robert & Philip Ng

    12.8

    Property

    Singapore

    2

    Leng Beng Kwek

    7.8

    Diversified activities

    Singapore

    3

    Khoo Family

    7

    Banking services

    Malaysia

    4

    Cho Yaw Wee

    6.2

    Banking services

    Singapore

    5

    Kwee Brothers

    6

    Property

    Singapore

    6

    Eduardo Saverin

    4.2

    Facebook

    Brazil

    7

    Goh Cheng Liang

    3.2

    Paints

    Singapore

    8

    Richard Chandler

    3

    Investments

    New Zealand

    9

    Peter Lim

    2.5

    Investments

    Singapore

    10

    Khoon Hong Kuok

    2.4

    Palm oil

    Singapore

    If you want to move to Singapore or open a bank account / register a business in Singapore, please contact us by e-mail: info @ offshore-pro.info

    90,000 Margulan Seisembayev – Forbes Kazakhstan

    50 most influential businessmen in Kazakhstan (December 2020)

    54 years
    Investments

    Margulan Seisembayev – founder of the management company Seimar Investment Group, participates in the structures of the Asadel Group (Singapore) venture capital funds, where his brother Yerlan Seisembayev is a partner together with his American and Spanish colleagues.

    In September, the businessman announced a partnership with Mikhail Saakashvili on the basis of a public organization of the former Georgian president in Ukraine.

    Member of the Board of Trustees of Almaty Management University, founder of the Seimar Social Fund, initiator and leader of the Nomad Explorer expedition team. Co-founder of the Almaly Zhumak Foundation.

    50 most influential businessmen in Kazakhstan (October 2019)

    52 years
    Investments

    Margulan Seisembayev – founder of the management company Seimar Investment Group. He participates in the structures of the group of venture funds Asadel Group (Singapore), where his brother Yerlan Seisembayev is a partner, together with his American and Spanish colleagues.

    Member of the Board of Trustees of Almaty Management University, founder of the Seimar Social Fund, initiator and leader of the Nomad Explorer expedition team.

    50 Most Influential Businessmen (October 2017)

    50 years
    Investments

    The businessman owns the management company Seimar Investment Group and Tamos Education LLP. Since 2013, the businessman has been participating in the structures of the Asadel Group (Singapore) venture capital funds, where his brother Yerlan Seisembayev is one of the main partners of the group.

    Member of the Board of Trustees of Almaty Management University, founder of the Seimar Social Fund, initiator and leader of the Nomad Explorer expedition team.

    * estimates

    90,000 10 cities in the world with the most billionaires

    Forbes magazine has published an annual list of the richest billionaires in the world. In addition, the compilers of the rating analyzed which cities are home to the most billionaires.They concluded that 26% of billionaires live in just 10 cities.

    A significant proportion of billionaires live in cities in East Asia. Below we will tell you about the 10 cities in the world, which are home to the most billionaires.

    10.Singapore

    Singapore experienced the largest increase in the number of billionaires in a year. 9 new billionaires have appeared here. The city’s population is 5.8 million. In total, the city is home to 31 billionaires. Their total fortune reaches $ 95.3 billion.

    9. San Francisco

    Most of San Francisco’s billionaires work in the tech sector. The population of the city is 883,300 people. Among them, 37 people are billionaires. During the year, their number decreased by 5 people. The combined wealth of all San Francisco billionaires reaches $ 90.7 billion.

    8. Mumbai

    Mumbai is a city of contrasts. This is where 38 billionaires live, with half of the population living in slums and extreme poverty.In total, the city is home to 20 million people. Of these, 38 are billionaires. During the year their number increased by 1. The total fortune of all billionaires in the city reaches $ 149.3 billion.

    7. Shenzhen

    This city became the industrial center of China, and it was the industry that became the main source of income for the city’s billionaires. In total, the city is home to 12.4 million people. Of these, 44 are billionaires. During the year, their number increased by 5 people.

    The total fortune of all billionaires reaches $ 220.2 billion.Alibaba founder Jack Ma and his family live in Shenzhen.

    6. Shanghai

    Shanghai is another Chinese city that entered the top ten favorite cities of billionaires. In total, the city is home to 27 million inhabitants, of which 46 people are billionaires. Over the year, the number of billionaires in the city has grown by 1. The total fortune of all billionaires in Shanghai is $ 130.7 billion.

    5. London

    London is a city in Great Britain, which is not only the capital, but also a major world financial and economic center.London has a total population of 9.3 million. Of these, 56 are billionaires. Over the year, the number of billionaires in London has grown by 1. The total fortune of all London billionaires reaches $ 212.7 billion.

    4. Beijing

    Beijing is the capital of China, its political, cultural and educational center. In total, the city is home to 20.4 million people. Among them are 67 billionaires. Over the year, the number of billionaires in Beijing has grown by 6 people.

    The total fortune of Beijing billionaires reaches $ 218.2 billion.

    3.Moscow

    As the compilers of the Forbes rating note, all billionaires living in Moscow have achieved everything on their own. In total, the city is home to 12.5 million people. 70 of them are billionaires. Over the year, the number of billionaires has decreased by 1. The total fortune of Moscow billionaires reaches $ 301.7 billion.

    2. Hong Kong

    There was a decrease in the number of billionaires in Hong Kong over the year. Despite this, the city was among the leaders of the rating.In total, the city is home to 7.5 million people. Of these, 71 are billionaires. During the year, the number decreased by 8 people. The combined fortune of Hong Kong billionaires reaches $ 321 billion.

    1. New York

    New York became the leader of the rating, it is here that the largest number of billionaires in the world lives – more than 90. The total fortune of all billionaires in the city is $ 424 billion. In total, the city is home to 8.4 million people. Among them, 92 are billionaires. Over the year, the number has grown by 8 people.

    90,000 Forbes: Moscow ranked third among cities in the world in terms of the number of billionaires – Economy and Business

    NEW YORK, March 9. / Corr. TASS Ivan Pilshchikov /. Moscow ranked third among 25 major cities in the world in terms of the number of billionaires living in them. Such estimates were published on Wednesday by the American magazine Forbes.

    According to his calculations, 60 billion-dollar fortunes live in the Russian capital. Their total assets are estimated at $ 217 billion.The magazine named the head of the Novatek company Leonid Mikhelson the most affluent, estimating his fortune at $ 14.4 billion.

    There is another Russian on the list. Businessman Gennady Timchenko is the wealthiest resident of Geneva, which shared the last – 25th place in the Forbes ranking with the American Chicago (Illinois) and Palo Alto (California). These three cities are home to 13 billionaires. The total value of Timchenko’s assets, according to Forbes, exceeds $ 11 billion, which is about a quarter of the combined fortune of Geneva billionaires – $ 41.5 billion.

    First place – New York

    New York took the first place in the list. The largest metropolitan area of ​​the United States is home to 79 billionaires, whose total assets exceed $ 364 billion. The richest resident of the city is Michael Bloomberg ($ 40 billion), who was mayor of New York from 2002 to 2013. He is also the founder of the business news agency Bloomberg and just this week finally pulled out of the US presidential race.

    In second place is Hong Kong, where 68 billionaires live with a total fortune of $ 261.3 billion.The wealthiest resident of the metropolis is Li Kashin ($ 27.1 billion). He is considered one of the most influential businessmen in Asia and owns stakes in a number of companies from various industries.

    The fourth place went to Beijing. In the Chinese capital, Forbes experts counted 51 billionaires, their assets amount to almost $ 150 billion. The richest man in Beijing and throughout China is the chairman of the board of the Dalian Wanda holding Wang Jianlin ($ 28.7 billion).

    London closes the top five, where 48 billion-dollar owners live.In total, they own $ 187.7 billion. The wealthiest of them is the American businessman Leonid Blavatnik, who was born in the USSR, ($ 15.2 billion).

    In total, according to Forbes, there are 1,820 dollar billionaires in the world, they live in 67 countries. The list includes the following cities, starting at sixth place: Mumbai (32 billionaires), Shanghai (31), Seoul (30), Shenzhen (30), San Francisco (28), Istanbul (26), Paris (22), Singapore (21), Los Angeles (20), Taipei (20), Tokyo (18), Hangzhou (17), Dallas (16), Guangzhou (16), Milan (15), Sao Paulo (15), Bangkok ( 14), New Delhi (14), Dubai (14), Chicago (13), Geneva (13) and Palo Alto (13).

    90,000 How much do rich people in the UK, USA, Singapore, Spain get

    A fortune of $ 112 billion allowed Amazon founder Jeff Bezos to become the richest man on the planet according to Forbes. And although we are used to the fact that the word “rich” usually stands next to the word “millions” or “billions”, this definition will differ from country to country. The point is that you will need different amounts of money in order to be considered rich in Spain, China or, say, Argentina.

    Great Britain

    After a proposal was made in Great Britain to raise taxes for the “rich” (those who receive more than 80 thousand pounds a year), the question arose: how much do you need to receive to be considered as such. According to the survey, most people think that if you make £ 60,500 a year, you fall into this category.

    If you want to be considered wealthy in the UK, we advise you to study the list of the 10 highest paid professions in the country.In the first place are stock brokers with an average salary of 133 thousand pounds a year. They are followed by CEOs with 123k and CMOs with 88k. The list is completed by bank managers, whose salary is 75 thousand.

    USA

    In the United States, the level of wealth is highly dependent on the state – the cost of housing, for example, in New York is not at all the same as in Seattle, just as taxes in New York differ from taxes in Washington state. The median household income in the United States is about $ 60,000.dollars. So, to be considered rich, you need to earn on average at least twice as much – $ 118,080 a year, but this figure is much higher in large cities of the country.

    For example, in New York you are rich if you get more than $ 143,797 a year. 1% of super rich people earn more than half a million. In Los Angeles, 132 thousand dollars a year will make you a person with money, but to enter the elite, you will have to receive 450 thousand.

    Such (and even more) money in the United States is received, in addition to actors, models, singers or Wall Street employees, people associated with medicine.According to the latest list of the highest paid professions, the best earners are anesthesiologists, whose salaries average $ 235,000 a year. Surgeons (2 thousand less) and maxillofacial surgeons (219 thousand dollars a year) lag behind them a little.

    Singapore

    But Singapore plays in a completely different league. It is considered one of the richest countries in the world, and its inhabitants are the richest people in Asia. As a result, wealth indicators in other countries – 70 thousand pounds in the UK or 200 thousand.dollars in the United States – much lower than that in Singapore: here you need to have 235 thousand euros per year. According to Wealth Insight research, a net worth of $ 5.2 million (on average) will make you rich in this country. By the way, every 35th resident of Singapore falls under this definition. Perhaps the numbers will cease to seem so fantastic if you know that the cheapest car in the country costs 42 thousand euros.

    Surgeons make the best money in Singapore ($ 200,000).dollars per year), programmers and investors. Singapore is an unusual country: many wealthy people from other countries come here and international entrepreneurs live here.

    Spain

    A few years ago, a person whose property was estimated at 680 thousand euros and more officially became rich. Although the Spanish considered anyone who earned more than 6 thousand euros a month to be rich, so an annual salary of 120 thousand euros before taxes turned you into a rich man in Spain. These numbers are very similar to those in the UK.

    This is how much surgeons earn – their salary is about 100 thousand euros per year, and this is the second in the list of the highest paid professions. Another example is commercial pilots who can get even more. The list also includes directors of banks and international corporations. But if you want to overcome this barrier, then it is better to start your own company and succeed.

    First published on the Spanish GQ website.

    Photo: giphy.com

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    Forbes Global 2000: The world’s largest food companies

    90,742 93.4 billion

    90,742 281.3 billion

    90,742 54.6 billion

    90,742 233.8 billion

    90,742 65 billion

    90,742 12.6 billion

    90,742 75.5 billion

    90,742 178.2 billion

    90,742 60.1 billion

    90,742 11.1 billion

    90,742 68 billion

    90,742 153.6 billion

    90,742 31.7 billion

    90,742 83.2 billion

    90,742 203 billion

    90,742 46.7 billion

    90,742 64.1 billion

    90,742 62.7 billion

    90,742 72.4 billion

    90,742 84.3 billion

    90,742 65.2 billion

    90,742 31.9 billion

    90,742 29.1 billion

    90,742 50.5 billion

    90,742 51.2 billion

    90,742 38.7 billion

    90,742 74.1 billion

    90,742 38.1 billion

    90,742 64.3 billion

    90,742 23.9 billion

    90,742 32.3 billion

    90,742 26.3 billion

    90,742 49.8 billion

    90,742 28.3 billion

    90,742 23.3 billion

    90,742 177.1 billion

    90,742 44.7 billion

    90,742 29.3 billion

    90,742 34.5 billion

    90,742 59.6 billion

    90,742 18.2 billion

    90,742 36.5 billion

    90,742 16.6 billion

    90,742 30.3 billion

    90,742 31 billion

    90,742 35.2 billion

    90,742 42.9 billion

    90,742 17.5 billion

    90,742 29.3 billion

    90,742 29.2 billion

    90,742 37.3 billion

    90,742 19.2 billion

    90,742 28.1 billion

    90,742 19.9 billion

    90,742 26.3 billion

    90,742 103.6 billion

    90,742 17.9 billion

    90,742 808 million

    90,742 48.9 billion

    90,742 37.4 billion

    90,742 17.5 billion

    90,742 19.6 billion

    90,742 77.1 billion

    90,742 214 million

    90,742 15.2 billion

    90,742 13.6 billion

    90,742 24.7 billion

    90,742 13.5 billion

    90,742 17.8 billion

    90,742 91.9 billion

    90,742 -663 million

    90,742 54.2 billion

    90,742 14.7 billion

    90,742 22.6 billion

    90,742 943 million

    90,742 17.2 billion

    90,742 30.1 billion

    90,742 13.3 billion

    90,742 37.5 billion

    90,742 443 million

    90,742 32.1 billion

    90,742 11.7 billion

    90,742 9.9 billion

    90,742 840 million

    90,742 19.3 billion

    90,742 11.9 billion

    90,742 973 million

    90,742 6.9 billion

    90,742 27.9 billion

    90,742 49.7 billion

    90,742 7 million

    90,742 29.5 billion

    90,742 12.3 billion

    90,742 12.5 billion

    90,742 59.2 billion

    90,742 8.9 billion

    90,742 621 million

    90,742 22.7 billion

    90,742 14.8 billion

    90,742 616 million

    90,742 11.5 billion

    90,742 21.7 billion

    90,742 9.6 billion

    90,742 950 million

    90,742 21.6 billion

    90,742 7.8 billion

    90,742 7.7 billion

    90,742 23.7 billion

    90,742 11.7 billion

    90,742 725 million

    90,742 14 billion

    90,742 13.4 billion

    90,742 14.3 billion

    90,742 578 million

    90,742 13.2 billion

    90,742 13.1 billion

    90,742 8.6 billion

    90,742 598 million

    90,742 7.9 billion

    90,742 30.8 million

    90,742 7.7 billion

    90,742 626 million

    90,742 16.9 billion

    90,742 13.7 billion

    90,742 795 million

    90,742 17.5 billion

    90,742 7.9 billion

    90,742 713 million

    90,742 12.88 billion

    90,742 38.9 billion

    90,742 362 million

    90,742 29.2 billion

    90,742 6.6 billion

    90,742 27.4 billion

    90,742 7.8 billion

    90,742 638 million

    90,742 9.5 billion

    90,742 19.2 billion

    90,742 267 million

    90,742 19.4 billion

    90,742 7.2 billion

    90,742 11.4 billion

    90,742 656 million

    90,742 9.3 billion

    90,742 11.3 billion

    90,742 993 million

    90,742 587 million

    90,742 13.3 billion

    90,742 26.8 billion

    90,742 251 million

    90,742 28.2 billion

    90,742 473 million

    90,742 7.6 billion

    90,742 9.9 billion

    90,742 456 million

    90,742 19.3 billion

    90,742 4.6 billion

    90,742 461 million

    90,742 9.7 billion

    90,742 14.2 billion

    90,742 660 million

    90,742 34.8 billion

    90,742 786 million

    90,742 32.3 billion

    90,742 370 million

    90,742 17.9 billion

    90,742 659 million

    90,742 24.4 billion

    90,742 456 million

    90,742 8.9 billion

    90,742 301 million

    90,742 13.4 billion

    90,742 7.9 billion

    90,742 528 million

    90,742 7.8 billion

    90,742 15.9 billion

    90,742 12.2 billion

    90,742 484 million

    90,742 9.4 billion

    90,742 24.2 billion

    90,742 407 million

    90,742 9.2 billion

    90,742 7.8 billion

    90,742 9.8 billion

    90,742 -164 million

    90,742 14 billion

    90,742 11.9 billion

    90,742 476 million

    90,742 9.6 billion

    90,742 19.7 billion

    90,742 539 million

    90,742 8.8 billion

    90,742 22.6 billion

    90,742 237 million

    90,742 17.2 billion

    90,742 15.1 billion

    90,742 397 million

    90,742 452 million

    90,742 12.1 billion

    90,742 23.5 billion

    90,742 323 million

    90,742 6.9 billion

    90,742 221 million

    90,742 13.3 billion

    90,742 417 million

    90,742 9.1 billion

    90,742 44.2 billion

    90,742 -92 million

    90,742 260 million

    90,742 496 million

    90,742 18.6 billion

    90,742 523 million

    90,742 8.7 billion

    90,742 669 million

    90,742 5.9 billion

    90,742 11.4 billion

    90,742 255 million

    90,742 12.7 billion

    90,742 504 million

    90,742 15.1 billion

    90,742 9.2 billion

    90,742 376 million

    90,742 7.7 billion

    90,742 9.1 billion

    90,742 13.5 billion

    90,742 13.6 billion

    90,742 6.3 billion

    90,742 258 million

    90,742 8.9 billion

    90,742 258 million

    90,742 7.1 billion

    90,742 18.1 billion

    90,742 169 million

    90,742 7.1 billion

    90,742 365 million

    90,742 6.1 billion

    90,742 9.9 billion

    90,742 338 million

    90,742 9.5 billion

    90,742 79 million

    90,742 564 million

    90,742 9.5 billion

    90,742 6.

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    Rank Company name Branch (Country) Sales, $ Income, $ 92,922
    92,921 Assets, $
    Market value, $
    42 Nestle Food industry (Switzerland) 10.4 billion 139 billion
    69 Anheuser-Busch InBev Drinks (Belgium) 4.3 billion 175.7 billion
    86 PepsiCo Drinks (USA)
    106 Unilever Food industry (Netherlands)
    133 Coca-Cola Drinks (USA) 6.4 billion
    164 Bayer Chemicals (Germany) 2 billion 150.3 billion
    228 Mondelez International Food industry (USA) 25.9 billion 2.5 billion
    243 Tesco Retail (UK) 1.7 billion
    244 Danone Food industry (France) 2.8 billion
    296 Kroger Retail (USA) 121.2 billion 3.1 billion 20.6 billion
    302 Royal Ahold Delhaize N.V. Retail (Netherlands) 2.1 billion 28 billion
    327 Archer-Daniels-Midland Co. Food industry (USA) 1.8 billion 40.8 billion
    354 Tyson Foods Food industry (USA) 40 billion 1.9 billion
    368 Heineken Drinks (Netherlands) 26.5 billion 1.1 billion
    419 Kweichow Moutai Drinks (China) 10 billion 5.3 billion
    425 Wilmar International Food industry (Singapore) 1.1 billion 45.7 billion 17 billion
    429 Femsa Drinks (Mexico) 25.1 billion 1.3 billion
    437 Sysco Retail (USA) 1.5 billion
    452 General Mills Food industry (USA) 1.5 billion
    455 Pernod Ricard Drinks (France) 10.7 billion 1.7 billion 45.9 billion
    499 Woolworths Retail (Australia) 1.3 billion
    516 Constellation Brands Drinks (USA) 8.1 billion 3.4 billion
    520 Asahi Group Holdings Drinks (Japan) 1.4 billion
    548 Kraft Heinz Company Food industry (USA) -10.2 billion 40.2 billion
    550 Associated British Foods Food industry (Australia) 20.8 billion 1.4 billion 25.8 billion
    563 Keurig Dr Pepper Drinks (USA) 9 billion
    576 Kirin Holdings Drinks (Japan) 1.5 billion 21 billion
    620 Aeon Retail (Japan) 90.3 billion
    621 Coca-Cola European Partners Drinks (UK) 1.1 billion 20.8 billion
    652 Kellogg Food industry (USA) 1.3 billion 20.1 billion
    664 Carrefour Retail (France)
    690 WH Group Food industry (Hong Kong) 15.3 billion
    691 Molson Coors Brewing Drinks (USA) 10.8 billion 1.1 billion
    744 George Weston Retail (Canada)
    794 Carlsberg Drinks (Denmark) 18 billion
    811 Inner Mongolia Yili Food industry (China)
    825 JBS Food industry (Brazil)
    831 Wuliangye Yibin Drinks (China) 5.2 billion 2 billion
    880 Conagra Brands Food industry (USA)
    881 CP All Retail (Thailand) 15.7 billion
    918 Hormel Foods Food industry (USA) 8.2 billion
    921 Hershey Food industry (USA) 1.2 billion
    933 Suntory Beverage & Food Drinks (Japan)
    983 Uni-President Food industry (Taiwan)
    1006 Wens Foodstuff Group Food industry (China)
    1025 JM Smucker Food industry (USA)
    1033 CJ Cheiljedang Food industry (South Korea) 17 billion 4.5 billion
    1044 Thai Beverage Drinks (Thailand) 15.3 billion
    1044 J Sainsbury Retail (UK) 6.5 billion
    1090 Jiangsu Yanghe Brewery Drinks (China) 3.1 billion 1.2 billion
    1101 Kerry Group Food industry (Ireland)
    1125 Bunge Food industry (USA) 45.7 billion
    1126 Meiji Holdings Food industry (Japan)
    1131 Monster Beverage Drinks (USA) 3.8 billion 4.7 billion 30 billion
    1158 Saputo Food industry (Canada) 10 billion 7.4 billion
    1166 CJ Corporation Food industry (South Korea) 3.1 billion
    1167 Jeronimo Martins Retail (Portugal) 20.5 billion
    1220 Charoen Pokphand Foods Food industry (Thailand) 16.8 billion
    1228 China Mengniu Dairy Food industry (Hong Kong) 10.4 billion
    1234 Foshan Haitian Flavoring and Food Food industry (China) 2.5 billion 2.9 billion
    1241 Brown-Forman Drinks (USA) 3.3 billion 5.2 billion 25.2 billion
    1252 Metro Group Retail (Germany) 6.1 billion
    1257 McCormick Food industry (USA) 5.4 billion 10.2 billion 20.4 billion
    1288 X5 Retail Group Retail (Netherlands) 7.5 billion
    1306 Grupo Bimbo Food industry (Mexico) 15 billion 10.1 billion
    1315 Coca-Cola HBC Drinks (Switzerland)
    1317 Metro Retail (Canada) 8 billion
    1337 US Foods Retail (USA)
    1359 Campbell Soup Food industry (USA)
    1364 Colruyt Retail (Belgium) 10.9 billion 4.8 billion
    1370 “Magnet” Retail (Russia) 5.7 billion
    1373 Olam International Food industry (Singapore) 4.5 billion
    1415 Sun Art Retail Group Retail (Hong Kong) 9 billion 8.5 billion
    1419 Arca Continental Drinks (Mexico) 8.3 billion 10 billion
    1435 Wm Morrison Supermarkets Retail (UK) 13 billion
    1452 Yonghui Superstores Retail (China) 10.4 billion 5.5 billion 13 billion
    1519 ICA Gruppen Retail (Sweden) 7.4 billion
    1526 Finatis Retail (France)
    1529 Lindt & Sprungli Food industry (Switzerland) 4.4 billion 7.5 billion
    1563 Almarai Food industry (Saudi Arabia) 3.7 billion 15.4 billion
    1568 Mowi ASA Food industry (Norway) 4.5 billion
    1596 Ajinomoto Food industry (Japan) 10.3 billion 8.4 billion
    1602 Luzhou Lao Jiao Drinks (China) 1.7 billion 2.9 billion
    1643 Tingyi Holding Food industry (China)
    1660 Companhia Brasileira de Distribuicao Retail (Brazil) 326 million
    1681 New Hope Liuhe Food industry (China) 10.4 billion 7 billion
    1717 Empire Retail (Canada) 19 billion 6 billion
    1739 Performance Food Group Retail (USA) 4.2 billion 4.3 billion
    1795 Barry Callebaut Food industry (Switzerland)
    1803 President Chain Store Retail (Taiwan) 8.1 billion 4.2 billion
    1816 Muyuan Foodstuff Food industry (China) 2 billion 4.3 billion 20.9 billion
    1828 Dali Foods Group Food industry (China) 3.2 billion 2.7 billion
    1860 Lotte Food industry (South Korea)