Page 85 - Forbes - Asia (July - August 2018)

THE LIST

1. ROBERT & PHILIP NG
$11.9 BILLION S
FAR EAST ORGANIZATION
AGES: 66, 59
2. EDUARDO SAVERIN
$11.8 BILLION S
FACEBOOK AGE: 36
3. GOH CHENG LIANG
$8.5 BILLION
NIPPON PAINT AGE: 91
4. KWEK LENG BENG
$7.6 BILLION
CITY DEVELOPMENTS
AGE: 77
5. KHOO FAMILY
$6.7 BILLION
GOODWOOD GROUP OF HOTELS
6. WEE CHO YAW
$6.4 BILLION S
UNITED OVERSEAS BANK
AGE: 89
7. KWEE BROTHERS
$5.4 BILLION
PONTIAC LAND
8. RICHARD CHANDLER
$3.15 BILLION S
CLERMONT GROUP AGE: 59
9. RAJ KUMAR & KISHIN RK
$2.7 BILLION
RB CAPITAL/ROYAL HOLDINGS
AGES: 64, 35
10. CHOO CHONG NGEN
$2.6 BILLION S
HOTEL 81 AGE: 65
11. KUOK KHOON HONG
$2.5 BILLION
WILMAR AGE: 68
12. PETER LIM
$2.45 BILLION S
THOMSON MEDICAL GROUP
AGE: 65
13. ARVIND TIKU
$2.3 BILLION S
AT HOLDINGS AGE: 48
14. SAM GOI
$2.1 BILLION
TEE YIH JIA FOODS AGE: 69
15. CHANG YUN CHUNG
$2.05 BILLION
PACIFIC INTERNATIONAL LINES
AGE: 99
16. ONG BENG SENG
& CHRISTINA ONG
$1.85 BILLION T
HOTEL PROPERTIES
AGES: 73, 70
JOHN LIM: FLUSH WITH FUNDS
17. LIM OON KUIN
The cofounder of ARA Asset Management saw his fortune surge by more than a third on new financial information relating $1.75 BILLION
to his recently privatized group. Assets under management at ARA and its associates more than doubled to $58 billion in HIN LEONG TRADING
2017, partly due to acquisitions. Lim, who owns close to one third of ARA, expanded the portfolio by splurging $575 million AGE: 74
on stakes in Japan’s Kenedix and Australia’s Cromwell Property Group, which has assets in Europe. ARA deepened its
presence in China through a joint venture in January with Chinese investment trust AVIC. ARA now manages 21 REITs and SUP MORE THAN 10% TDOWN MORE THAN 10%
more than 70 private real estate funds across 20 countries. ÌNEW TO LIST 3RETURNEE
YEN MENG JIIN/SPH/NEWSCOM

JULY / AUGUST 2018 FORBES ASIA | 83