Top 5 Singaporean billionaires in 2020: Here's how they gained their wealth

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For better or worse, there are a heckload of billionaires in Singapore.

According to research from wealth information and business insight firm Wealth-X’s Billionaire Census 2020:
PHOTO: Wealth-XSingapore is seventh in the world for the city with the most billionaires. There are a total of 45 billionaires in Singapore, with the number growing 15 per cent from 2019.

How many billionaires are there in Singapore?

Out of these 45 billionaires, there is an elite tier of billionaires in Singapore who hold immense wealth, significant influence and have enough money to spend on ridiculous things for several lifetimes.

Collectively, they are worth about $93.2 billion ! To put this into context the Unity Budgets , Resilience Budgets , Solidarity Budgets and Fortitude Budgets rolled out to support Singaporeans cost about S$93 billion in total.

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