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Wealth of Singapore billionaires third highest in Apac at US$258.8 billion: report

Apac billionaires include the Zhang brothers behind Mixue; Tron blockchain’s Justin Sun

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Tan Nai Lun

Tan Nai Lun

Published Thu, Dec 4, 2025 · 04:49 PM
    • A UBS report says the Asia-Pacific region had the highest number of new billionaires in 2025, most of whom are self-made.
    • A UBS report says the Asia-Pacific region had the highest number of new billionaires in 2025, most of whom are self-made. PHOTO: REUTERS

    [SINGAPORE] The wealth of billionaires that reside in Singapore rose 66.4 per cent to US$258.8 billion in 2025, making it the third-largest market in terms of wealth in the Asia-Pacific region, behind China and India, according to a UBS report.

    The Republic has 55 billionaires, with six new additions in 2025, according to UBS’ Billionaire Ambitions Report published on Thursday (Dec 4).

    Singapore’s numbers included new entrants that had moved to the Republic, while strong currency and strong returns in the local stock market bolstered the value of wealth as well, according to Hartmut Issel, head chief investment officer for Asia-Pacific equities at UBS.

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