Page 87 - Forbes - Asia (July - August 2018)

THE LIST

18. HO FAMILY
$1.72 BILLION S
TAI TAK ESTATES
DISTRII REPUBLIC PLAZA
The tech-driven Distrii has an app 19. ZHONG SHENG JIAN
that connects its 15,000-strong $1.7 BILLION
community across more than 30 YANLORD LAND
locations in China and Singapore. AGE: 60
20. LEE FAMILY
$1.68 BILLION
OCBC BANK
21. ASOK KUMAR HIRANANDANI
$1.6 BILLION S
ROYAL GROUP HOLDINGS
AGE: 63
22. OEI HONG LEONG
$1.5 BILLION S
AGE: 70
23. CHUA THIAN POH
$1.45 BILLION
HO BEE LAND
AGE: 70
24. TANG WEE KIT
$1.44 BILLION
TANG HOLDINGS
AGE: 63
25. CHEW GEK KHIM
$1.4 BILLION
STRAITS TRADING
AGE: 56
26. TAY FAMILY
$1.3 BILLION S
MEMOCORP
27. KOH WEE MENG
$1.29 BILLION S
FRAGRANCE GROUP
AGE: 55
28. LIEN FAMILY
$1.25 BILLION
UNITED OVERSEAS BANK
29. RON SIM
$1.16 BILLION
V3 GROUP
AGE: 59
STRAITS CLAN 30. PETER FU CHONG CHENG
Housed in a 4-story building on $1.15 BILLION S
a street that has been home to KUO INTERNATIONAL
Chinese clan associations since
the 19th century, the Straits Clan 31. ROBERT FRIEDLAND
has a membership waiting list. $1.1 BILLION T
It has reciprocal arrangements IVANHOE MINES
with more than two dozen AGE: 67
clubs across Australia, Europe, 32. GORDON TANG
the U.K. and North America.
$1 BILLION Ì
SINGHAIYI HOLDINGS
33. MICHAEL KUM
$930 MILLION
M&L HOSPITALITY AGE: 73
global blockchain incubator. fee) and food and beverage. Madison Rooms, a
Sustaining the early ush of success is the private members’ club started in 2016 by a pair of 34. MUHAMMED AZIZ KHAN

$910 MILLION Ì
biggest challenge facing these new-age ventures, young entrepreneurs, shut down recently. Weekly SUMMIT GROUP AGE: 63
which draw their revenues largely from mem- events such as discussions or lectures can help
bership fees (joining costs for clubs range from clubs stay relevant, says Kishin, but “the risk of
SUP MORE THAN 10% TDOWN MORE THAN 10%
$1,800 to $3,600 and are topped by a monthly failure is huge.” ÌNEW TO LIST 3RETURNEE

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