Richest People in Singapore | TOP 10
Haven’t you heard? They are the richest people in Singapore!
The city is an economic success story that is seen in the richness of the people who live there.
It gained 15.1 percent back in 2010 alone due to increased exports, the heart of their economy.
Singapore is located in Southeast Asia, the country’s population of more than 5.5 million citizens generates an income of $339 billion.
The city is the seventh richest city in the world with an average per GPD of $62,400.
Singapore is the place where half of the billionaires on the list made their empires through real estate activities.
The other half earned a fortune through frozen food, medical retail, electronic supplies, banking, palm oil and even paints.
Let’s see the entire list!
N10. Lim Oon Kuin – $2 billion
The guy is a part of the half that made their fortune by exploiting oil. He grew Hin Leong Trading into a giant Singapore oil company.
Hin Leong Trading has revenues over $14 billion each year.
Lim Oon Kuin started over five years ago with a truck he had that delivered diesel to fishers and now he’s expanding into Myanmar, which is already beginning to open up to foreign investment.
Lim Oon Kuin also owns 65% of Universal Terminal, the most significant oil terminal in Asia, where he plans to build a $1.7 billion facility for storage.
