News Business 20 richest people in 20 major countries

20 richest people in 20 major countries

New Delhi: Forbes has released their annual list of the world's richest people ranking a giant 1,645 billionaires across the globe. Among the top 50 are the usual faces of tech (as in Facebook and

The richest Singaporeans: Robert and Philip Ng

Net worth: US$11-billion

Forbes rank: 106




Robert and Philip Ng are Singaporean billionaire brothers who have a net worth of $10.1 billion. Born to real estate tycoon, Ng Teng Fong, they inherited most of their wealth from their late father who developed more than 700 hotels, malls and condos in Singapore and Hong Kong. Private real estate holdings through family's Far East Organization are valued at more than $6 billion. . In an Australian expansion, the brothers bought Sydney landmark, the Clocktower Square, for $64 million in October and Perth's Harbour Town Center, a shopping complex, for $183 million through their Singapore-listed Far East Hospitality Trust.

 

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