The headlines are loud and clear, the 50 Richest 2026 in Singapore has arrived and it’s US$239 billion together: the richest tycoons in the nation have hardly moved below the surface. Despite the loss of over U.S.10 billion dollars, Eduardo Saverin is still Singapore’s richest person for a fourth year in a row. Meanwhile, the fortunes of those in banking have skyrocketed while the tech billionaires took a hit and the OCBC-affiliated Lee family got the biggest windfall of the year. The new Forbes Singapore rich list of 2026 illustrates the dramatic shifts in wealth in the city-state as a result of market forces.
Who Tops Singapore’s 50 Richest 2026?
Facebook co-founder and longtime Singapore resident Eduardo Saverin is No. 1 and is estimated to have a fortune of US$32.9 billion.
It’s a good thing, but Saverin was one of the worst losers of the year, too. Over the time span covered by Forbes’s calculations, his net worth dropped by US$10.1 billion, due to a drop of around 25% in the value of shares in Meta Platforms.
But his assets have more than doubled since Kwek Leng Beng and family, second-place property tycoon, became US$16.1 billion for US$1.8 billion.
New Money Billionaires #3 and #4, the family behind Far East Organization, the Property billionaires, retained their positions with US$14.3 billion apiece.
The official Forbes ranking places the 2026 top five as:
- Eduardo Saverin – US$32.9 billion
- Kwek Leng Beng & family – US$16.1 billion
- Robert & Philip Ng – US$14.3 billion
- Lee family – US$13.8 billion
- Goh family – US$13.5 billion
Biggest Winner on Forbes Singapore Rich List 2026
OCBC’s Lee Family Jumps 78%
The Lee family is the biggest gainers, with the majority of its wealth tied up in Oversea-Chinese Banking Corporation (OCBC).
The family’s estimated fortune rose 78% to US$13.8 billion, and now ranks fourth. OCBC’s stock value has surged by almost double in the past year, on the back of its solid performance in the wealth management segment, according to Forbes.
Singapore’s reputation as a safe haven for rich people’s assets has been a draw for the banking industry. Forbes says, at OCBC, wealth management revenue was 39% of the total.
Among the other standouts was supermarket operator Sheng Siong’s cofounder and CEO Lim Hock Chee. Expansion of his stores and excellent business results contributed to his family’s fortune rising to US$2.7 billion. The revenue and net profit of Sheng Siong for the first half of 2026 increased by 12% year-on-year.
Who Lost the Most Wealth in Singapore in 2026?
Technology produced the sharpest reversals.
The founders of Singapore-based tech firm Sea Ltd were not spared of the impact as they suffered a US$10.1 billion drop.
Forrest Li, Gang Ye and David Chen saw their fortunes drop by about US$5.85 billion. Sea’s stock price tumbled almost 30% during the past year on the back of strong e-commerce competition and earnings pressure.
However, Forrest Li is still in the top 10 with US$7.7 billion, Gang Ye is 14th with US$4.3 billion, and David Chen is 44th with US$1.35 billion.
It’s obvious that the banking and consumer businesses have benefited, but there have been some big technology gains and losses.
Singapore Billionaires Benefit From Strong Economy
The wealth ranking arrives during an unusually strong period for the Singapore economy.
The Ministry of Trade and Industry in Singapore said GDP grew 6.1% year-on-year in the first half of 2026 due in part to global investment in artificial intelligence (AI) and lively electronics and precision-engineering business. Then the government revised its growth expectations for the full year upward to 4.5%–5.5%.
Read Singapore MTI’s official 2026 economic outlook
This economic growth, however, was not enough to increase the overall wealth of billionaires. While 35 of the 50 listees have seen their wealth increase, losses have been experienced by some bigger tech fortunes and thus their total wealth remains at US$239 billion.
Newcomers and Returnees to Singapore’s Richest List
The only new player this year is Quek Leng Chye (US$1.2 billion) who is coming in at No. 48. He is managing director of property developer Hong Leong Holdings.
Gordon and Celine Tang (US$1.1 billion) and Charles & Keith owner Charles, Keith and Kelvin Wong (US$1 billion) are back in the ranking.
To enter the Singapore richest people 2026 requires the same minimum fortune of US$1 billion.
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FAQs
Who is the richest person in Singapore in 2026?
Eduardo Saverin ranks No. 1 with an estimated net worth of US$32.9 billion, according to Forbes.
How much are Singapore’s 50 richest worth?
Their combined wealth is approximately US$239 billion, unchanged from the previous year.
Who gained the most wealth in Singapore in 2026?
The Lee family of OCBC was the biggest gainer in both dollar and percentage terms, with its fortune rising 78% to US$13.8 billion.
How does Forbes calculate the Singapore rich list?
Forbes uses information including shareholdings, stock-exchange data, financial information and private-company valuations. For the 2026 list, net worths were calculated using stock prices and exchange rates as of August 14, 2026.
