News Column

Facebook Co-founder on Singapore Rich List

July 26, 2012

Facebook co-founder Eduardo Saverin, who now lives in Singapore, is among the city-state's wealthiest people with an estimated fortune of $2.2 billion, a rich-list released on Thursday showed.

He is ranked 8th in Forbes magazine's latest list of the 40 richest people in Singapore.

Despite difficult times, Singapore's 40 wealthiest increased their combined fortunes last year to $59.4 billion, up 9 percent on the previous year.

Robert and Philip Ng, the sons of the late founder of the property developer Far East Organization, were again ranked at the top with an estimated net worth of $9.2 billion.

Besides Brazil-born Saverin, another new face on the list is India-born new Singaporean citizen Bhupendra Kumar Modi, the owner of Spice Group, who is ranked number 23 with $755 million.



Source: Copyright 2012 dpa Deutsche Presse-Agentur GmbH


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