Singapore is one of Asia’s leading financial and business centers and home to a growing population of billionaires. Its wealthiest residents and citizens have built fortunes across semiconductors, healthcare, technology, real estate, food and beverages, manufacturing, finance and digital businesses.
In 2026, Singapore’s billionaire landscape has changed significantly from previous years. Jason Chang, chairman of semiconductor company ASE Technology Holding, currently ranks as the richest person associated with Singapore, according to Forbes Real-Time data. As of August 20, 2026, Chang’s estimated fortune stood at approximately $19.83 billion.
Singapore had 55 billionaires on Forbes’ 2026 World’s Billionaires list, up from 49 in 2025. Their combined wealth was estimated at approximately $155.7 billion on the annual list.
Who Is the Richest Person in Singapore in 2026?
Jason Chang is currently ranked No. 1 among Singapore’s billionaires.
Chang is chairman of ASE Technology Holding, a major semiconductor assembly and testing company. Forbes' annual 2026 list valued his wealth at $14.2 billion in March, but his real-time fortune subsequently increased to approximately $19.83 billion by August 20 as the value of his holdings changed.
Chang's rise illustrates how the global artificial intelligence boom has transformed the fortunes of semiconductor entrepreneurs. ASE provides services that are critical to the production of modern chips, making it an important part of the global electronics supply chain.
Top 10 Richest People in Singapore in 2026
The following ranking uses Forbes Real-Time data reported on August 20, 2026. Because billionaire wealth is linked to changing stock prices and other market values, these figures can change daily.
Rank | Billionaire | Main Industry | Approx. Net Worth |
|---|---|---|---|
1 | Jason Chang | Semiconductors / Manufacturing | $19.83B |
2 | Li Xiting | Healthcare | $10.40B |
3 | Forrest Li | Technology / Media | $7.43B |
4 | Philip Ng | Real Estate | $7.03B |
5 | Robert Ng | Real Estate | $6.92B |
6 | Zhang Yong | Food & Beverage | $4.96B |
7 | Gang Ye | Technology / Media | $4.22B |
8 | Kuok Khoon Hong | Manufacturing / Commodities | $4.19B |
9 | April Goh | Manufacturing | $4.12B |
10 | Ji Qi | Real Estate / Hospitality | $3.91B |
The 10 billionaires above have a combined estimated wealth of about $73 billion.
1. Jason Chang
Jason Chang is Singapore’s richest billionaire in the latest Forbes Real-Time ranking, with an estimated fortune of $19.83 billion.
Chang is chairman of ASE Technology Holding, a global leader in semiconductor assembly and testing. Forbes identifies semiconductors as his primary source of wealth. He is also connected to commercial real estate investments through Sino Horizon Holdings.
His wealth has increased dramatically during the AI boom because semiconductor demand has expanded worldwide.
The rise of artificial intelligence has created enormous demand for advanced processors, servers and other semiconductor components. Companies involved in chip assembly and testing therefore play an increasingly important role in the technology ecosystem.
Chang's rise from sixth place on Singapore's 2025 billionaire ranking to first on the 2026 annual Forbes list demonstrates the speed at which semiconductor wealth can grow. His annual-list fortune doubled from approximately $6.6 billion to $14.2 billion.
2. Li Xiting
Li Xiting ranks second among Singapore's richest billionaires, with an estimated fortune of approximately $10.4 billion as of August 20, 2026.
Li is cofounder and chairman of Shenzhen Mindray Bio-Medical Electronics, a major medical-equipment manufacturer.
His fortune demonstrates the importance of healthcare technology in Singapore's billionaire economy. Medical equipment companies serve hospitals and healthcare systems around the world, making the industry increasingly global.
On Forbes' annual 2026 billionaire list, Li was valued at approximately $11.2 billion, placing him second among Singapore's billionaires.
3. Forrest Li
Forrest Li ranks third with an estimated fortune of approximately $7.43 billion in the August 20 real-time ranking.
Li is the founder and chairman of Sea Limited, a technology company with businesses spanning online gaming, e-commerce and digital financial services.
Sea has become one of Southeast Asia's most important technology companies. Its businesses have expanded across multiple markets, while its financial-services operations have added another major source of growth. Forbes identifies Sea as the primary source of Li's wealth.
Forrest Li's success demonstrates how Singapore has become a launchpad for technology companies serving the wider Southeast Asian market.
4. Philip Ng
Philip Ng ranks fourth with an estimated fortune of approximately $7.03 billion.
His wealth is primarily associated with Far East Organization, one of Singapore's major private property groups. The company has extensive interests in real estate, hospitality and related businesses.
Ng's position shows that real estate remains one of the most important sources of private wealth in Singapore.
Singapore's limited land area, high-value property market and status as an international business center have created substantial opportunities for property developers and investors.
5. Robert Ng
Robert Ng ranks fifth with approximately $6.92 billion.
He is closely associated with Far East Organization alongside his brother Philip Ng. The brothers have built substantial wealth through property development, investment and hospitality.
Robert Ng's position also highlights the role of family-controlled businesses in Singapore's billionaire economy. The Ng family has been one of the country's most prominent property-owning families for decades.
6. Zhang Yong
Zhang Yong ranks sixth with an estimated fortune of approximately $4.96 billion.
Zhang is best known as the founder of Haidilao, one of the world's most recognizable hotpot restaurant brands.
Haidilao expanded from China into international markets, turning a restaurant business into a global consumer brand.
His fortune illustrates how Singapore's wealth rankings are not limited to local companies. Entrepreneurs operating global businesses can also become part of the country's billionaire community.
7. Gang Ye
Gang Ye ranks seventh with an estimated fortune of approximately $4.22 billion.
Ye is associated with Sea Limited, the technology company founded by Forrest Li.
Sea's businesses include digital entertainment, e-commerce and financial services. Gang Ye's position among Singapore's richest people reflects the significant value created by Southeast Asia's growing digital economy.
As more consumers move online, companies serving e-commerce, payments, gaming and digital financial services have become increasingly valuable.
8. Kuok Khoon Hong
Kuok Khoon Hong ranks eighth with an estimated fortune of approximately $4.19 billion.
He is closely associated with Wilmar International, one of Asia's largest agribusiness and food companies.
Wilmar has interests across edible oils, food processing, plantations and other agricultural businesses.
Kuok Khoon Hong represents a different side of Singapore's billionaire economy. While technology and semiconductors dominate the headlines, food production, commodities and manufacturing remain important sources of enormous private wealth.
9. April Goh
April Goh ranks ninth with an estimated fortune of approximately $4.12 billion.
Goh is one of several younger members of the Goh family who entered Singapore's billionaire rankings following the death of paint-industry tycoon Goh Cheng Liang in 2025.
Forbes-related reporting in March 2026 said April Goh inherited the largest stake among the late billionaire's grandchildren, valued at around $3.4 billion at the time. Her wealth was estimated at approximately $4 billion.
Her appearance in the top 10 highlights the continuing importance of inherited family wealth in Singapore.
10. Ji Qi
Ji Qi completes the top 10 with an estimated fortune of approximately $3.91 billion.
Ji Qi is associated with H World Group, a major hospitality company.
His fortune is connected to the growth of China's hotel and travel industry. The company's international and regional operations demonstrate how entrepreneurs based in Singapore can build wealth through businesses serving markets far beyond the city-state itself.
Why Does Singapore Have So Many Billionaires?
Singapore has developed into a major wealth-management and business hub. Several factors contribute to its billionaire population.
Strategic Business Location
Singapore sits at the center of Southeast Asia, providing companies with access to major markets including Indonesia, Malaysia, Thailand, Vietnam and the Philippines.
Strong Financial Sector
The city-state is one of Asia's most important financial centers, supporting banking, investment management, private equity and family offices.
Technology Growth
Technology companies such as Sea Limited have demonstrated the potential for Singapore-based entrepreneurs to build businesses across the region.
Real Estate
Singapore's valuable property market has created enormous fortunes for developers and investors, including the Ng family.
Global Manufacturing
Singapore's business ecosystem is closely connected to manufacturing and international supply chains. Semiconductor-related wealth has become particularly important in 2026.
The Rise of Semiconductor Wealth
The biggest story behind Singapore's 2026 billionaire ranking is the rise of semiconductor wealth.
Jason Chang's jump to No. 1 is closely connected to ASE Technology Holding, while Singapore's broader billionaire population continues to benefit from the city's position in global technology and investment networks.
The artificial intelligence boom has increased demand for advanced chips, computing infrastructure and semiconductor services. This has helped companies throughout the technology supply chain increase in value.
Chang's rise is therefore more than an individual success story—it reflects a broader shift in global wealth toward the infrastructure supporting AI.
Singapore's Billionaire Population Is Growing
Forbes counted 55 Singaporean billionaires on its 2026 World's Billionaires list, compared with 49 in 2025. Their combined wealth reached approximately $155.7 billion, up from $145.2 billion the previous year.
The increase shows that Singapore continues to attract and produce significant private wealth.
The country also benefits from its reputation as a regional headquarters for multinational companies, financial institutions, technology businesses and investment firms.
Family Wealth Remains Important
Singapore's billionaire ranking includes several major business families.
The Ng brothers are associated with Far East Organization, while the Goh family has produced several new billionaires following the inheritance of Goh Cheng Liang's fortune.
This means Singapore's billionaire economy is shaped by both entrepreneurial wealth and inherited wealth.
At the same time, entrepreneurs such as Jason Chang and Forrest Li demonstrate how new fortunes can be created through technology and global businesses.
What Will Shape Singapore's Billionaire Rankings Next?
Several industries could influence Singapore's billionaire rankings in the coming years.
Artificial intelligence and semiconductors are likely to remain major wealth creators.
Digital financial services and e-commerce could continue benefiting from Southeast Asia's growing online population.
Real estate and hospitality will remain important because Singapore is a major international business and tourism destination.
Healthcare technology could also create new fortunes as demand for advanced medical equipment increases.
Final Thoughts
Singapore's richest people in 2026 represent a diverse mixture of technology entrepreneurs, property developers, healthcare pioneers, manufacturers and family-business owners.
Jason Chang currently leads the ranking with an estimated $19.83 billion, followed by Li Xiting at $10.4 billion and Forrest Li at $7.43 billion.
The most significant development is the rise of semiconductor wealth. Chang's position at the top demonstrates how artificial intelligence and advanced technology are reshaping the global billionaire landscape.
At the same time, Singapore's property dynasties, food businesses, healthcare companies and digital platforms continue to create enormous fortunes.
With 55 billionaires and combined wealth of $155.7 billion on Forbes' 2026 annual global list, Singapore remains one of Asia's most important centers of private wealth.
FAQs
Who is the richest person in Singapore in 2026?
Jason Chang is currently ranked as Singapore's richest billionaire, with Forbes Real-Time data showing an estimated fortune of approximately $19.83 billion as of August 20, 2026.
What is Jason Chang's source of wealth?
Jason Chang's fortune primarily comes from ASE Technology Holding, a major semiconductor assembly and testing company.
How many billionaires does Singapore have in 2026?
Forbes' 2026 World's Billionaires list includes 55 billionaires from Singapore, compared with 49 in 2025.
How much wealth do Singapore's billionaires have?
Singapore's 55 billionaires had combined wealth of approximately $155.7 billion according to Forbes' 2026 annual list.
Who is the second-richest person in Singapore?
Li Xiting ranks second in the latest real-time ranking, with approximately $10.4 billion as of August 20, 2026.
Who is Singapore's richest technology entrepreneur?
Forrest Li, founder of Sea Limited, is among Singapore's richest technology entrepreneurs and ranked third in the August 20 real-time ranking with approximately $7.43 billion.
Who are Singapore's richest property billionaires?
Philip Ng and Robert Ng are among Singapore's leading property billionaires. They are associated with Far East Organization and ranked fourth and fifth respectively in the latest real-time ranking.
Why is Jason Chang's wealth increasing?
Chang has benefited from the strong performance of semiconductor-related businesses amid growing global demand for chips and AI infrastructure. His annual Forbes wealth estimate rose sharply from the previous year.
Is Singapore's richest-person ranking permanent?
No. Forbes Real-Time billionaire rankings can change as stock prices and other asset values move. The figures in this article reflect the ranking available on August 20, 2026.
Which industries produce Singapore's richest people?
Major sources of wealth include semiconductors, healthcare, technology, real estate, food and beverages, manufacturing, hospitality and financial services.
