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Singapore richest families
Unit of Singapore billionaire Kwek family’s CDL grants $14.7M loan facility to Europe-focused real estate investment trust
IREIT Global, a Europe-focused real estate investment trust, has secured a two-year 12.5 million euro (US$14.7 million) term loan facility from a wholly-owned unit of the billionaire Kwek family’s City Developments Limited.
Only one winner among Singapore’s top three billionaires as fortunes shift in 2025
Father-son feud at billionaire Kwek family's CDL named among Singapore's pivotal corporate events this year
CDL of Singapore’s 2nd richest billionaire Kwek Leng Beng sells Sentosa Cove’s only mall for over $75M
City Developments Limited, controlled by Singapore’s second-richest man Kwek Leng Beng, has signed a deal to sell Quayside Isle, the only commercial site at the exclusive Sentosa Cove enclave, for S$97.3 million (US$75.4 million).
December 16, 2025 | 07:17 pm PT
CDL of Singapore’s 2nd richest billionaire Kwek Leng Beng acquires Holiday Inn London hotel for $370M
A unit of Singapore’s second-richest man Kwek Leng Beng's City Developments has purchased the Holiday Inn London - Kensington High Street in Central London for £280 million (US$370.4 million).
December 2, 2025 | 11:28 pm PT
Singaporean billionaire Peter Lim, British school Wellington College to launch Indonesia campus next year
Wellington College Education Singapore Group, controlled by Singaporean billionaire Peter Lim, will open the British school’s campus in Indonesia’s Jakarta in August 2026.
December 2, 2025 | 08:12 pm PT
Joint venture involving CDL of Singapore’s second-richest billionaire Kwek Leng Beng sells most units on launch weekend
Zyon Grand, a joint venture involving City Developments of Singapore’s second-richest man Kwek Leng Beng, sold 84% of its units at launch, with prices averaging S$3,050 per square foot (US$25,334 per square meter).
October 28, 2025 | 04:28 pm PT
Singaporean billionaire heiress Kim Lim alleges personal assistant stole cash, Patek Philippe watch
Kim Lim, the socialite daughter of Singaporean billionaire Peter Lim, recently revealed that her personal assistant had allegedly stolen money and luxury items from her, including a Patek Philippe watch worth S$80,000 (US$61,500).
October 23, 2025 | 09:05 pm PT
5 things to know about Kiat Lim, son of Singapore self-made billionaire Peter Lim
Kiat Lim, the only son of Singaporean self-made billionaire Peter Lim, is carving out his own path in business and family life, unfazed by talks of nepotism.
September 23, 2025 | 03:14 pm PT
6 grandchildren of late Singapore tycoon Goh Cheng Liang become billionaires under unusual inheritance plan
Six grandchildren of late Singapore billionaire Goh Cheng Liang have become billionaires after inheriting stakes in his paint empire through a rare succession move that skipped a generation.
September 13, 2025 | 05:06 pm PT
4 lessons to learn from Singapore self-made billionaire Peter Lim’s wealth-building journey
Singaporean self-made billionaire Peter Lim, who built a US$2 billion fortune from humble beginnings, is known to approach investments with equanimity and an appetite for risks.
September 11, 2025 | 02:38 pm PT
CDL of Singapore’s second-richest billionaire Kwek Leng Beng puts Sentosa Cove’s only mall on the market for $86M
Property developer City Developments Limited, controlled by Singapore’s second-richest man Kwek Leng Beng, has put Quayside Isle, the only mall at the exclusive Sentosa Cove enclave, up for sale at S$111 million (US$86 million).
September 4, 2025 | 03:11 pm PT
From humble beginnings to close ties with Malaysia’s Johor royals: 5 things to know about Singapore billionaire Peter Lim
Peter Lim, whose firms are set to build a RM18 billion (US$4.3 billion) mixed-use development and a royal family residence in Malaysia’s Johor, rose from modest roots to become a billionaire nicknamed Singapore’s “remisier king.”
September 2, 2025 | 02:59 pm PT
From fishing nets to Nippon Paint: How the late Goh Cheng Liang became Singapore’s richest billionaire
Goh Cheng Liang, Singapore’s richest man who recently passed away, started out selling fishing nets before finding his big break in the paint industry and building a US$13 billion fortune.
August 14, 2025 | 07:33 pm PT
Singapore billionaire Kwek family’s CDL posts net profit growth as board moves past father-son feud
Singapore-based City Developments reported higher net profit in the first half of 2025 amid efforts to show that its board had overcome an earlier feud between its billionaire chairman Kwek Leng Beng and his CEO son.
August 14, 2025 | 03:32 pm PT
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