At one point during the pandemic, his net worth was said to increase by $1.4 billion every month as the demand for ventilators surged around the world.Mr Li was born in China in 1950 but moved to Singapore, becoming a naturalised citizen in 2018.
He showed displays of generosity as Covid-19 ravaged different parts of the globe, having donated nearly $6.5 million worth of medical equipment to areas such as northern Italy and Wuhan. Coming in at a close second on the Forbes list of Singapore’s wealthiest this year is Robert and Philip Ng, the sons of Ng Teng Fong, who foundedFar East Organization. It is the biggest private landlord and property developer in the country.
Robert oversees the company’s operations in Hong Kong, and Philip is in charge of the Singapore office.In third place on the Forbes list is Mr Goh Cheng Liang, who holds a significant stake in Japan’s Nippon Paint Holdings.Mr Goh’s net worth is now $18.3 billion. Facebook co-founder Eduardo Saverin is fourth on the Forbes list. Last year, Mr Saverin was second on the list.He immigrated to Singapore in 2009 and now works as a venture capitalist, but most of his wealth still comes from Facebook.In fifth place on the Forbes list is real estate tycoon Mr Kwek Leng Beng, the executive chairman of Hong Leong Group, which his father had founded in 1941. He is also the executive chairman of Singapore’s second-largest property developer, City Developments.