Far East's Philip Ng tops billionaire list
His US$5.2b net worth is 1/5 of combined wealth of top 10: Wealth-X
Add BT as a preferred source[SINGAPORE] In land-scarce Singapore, real estate is king.
It is this which has put Philip Ng, the chief executive of Far East Organization, in pole position in a list of the top 10 Singapore-based billionaires released yesterday.
Nearly 80 per cent of the 55-year old property tycoon's US$5.2 billion in estimated net worth comes from his real-estate holdings.
TRENDING NOW
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Apex court rejects resulting trust claim in 99-1 condo dispute
Xi Jinping has just rewritten the rules of US-China rivalry
Singtel seeks clarity on participating in telco consolidation after M1-Simba fallout; weighs Reit IPO
