Dear readers, the Covid-19 pandemic has caused the global stocks markets to become volatile and head south in general. The wealth of some of the world’s wealthiest have gone south while other wealthy individuals whose business are in sectors favourable to the market backdrop now (e.g. healthcare manufacturing) have benefited.
Based on Bloomberg Billionaire Index, the top eight Singapore Wealthiest Individuals currently (as of 8 April 2020) are as follows:
1. Li Xiting (US $13.2B) [Healthcare]
2. Goh Cheng Liang (US $11.6B) [Industrial]
3. Shu Ping (US $7.24B) [Food & Beverage]
4. Zhang Yong (US $7.22B) [Food & Beverage]
5. Wee Chow Yaw (US $6.74B) [Finance]
6. Philip Ng (US $4.88B) [Real Estate]
7. Robert Ng (US $4.83B) [Real Estate]
8. Tan Kim Choo (US $4.51B) [Real Estate]
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