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Creating and sustaining a family legacy

Many Singapore pioneer business families have created a family legacy that can be passed down for many generations to come.

(From left) Lee Kong Chian, Lien Ying Chow and Tan Chin Tuan. Increasingly, many families are seeking to create a family legacy through philanthropy. Some well-known examples of structures funded by family philanthropy include the Lee Foundation, the Lien Foundation and the Tan Chin Tuan Foundation.

CELEBRATING its 50th birthday this year, Singapore has seen a remarkable story of economic growth over the past decades and a special accolade goes to our country's pioneer entrepreneurs who have been the key drivers of this success story. According to the Wealth X UBS Ultra High Net Worth (UHNW