Here are the 10 richest real estate tycoons in Singapore

Guess who's worth a whopping US5.2b?

Members of the Kwee and Hiranandani families took six of the ten spots on a Wealth-X ranking of Singapore’s wealthiest real estate tycoons. Collectively, the six brothers from these two families hold US$7.2 billion in assets – nearly half of the US$15.57 billion combined net worth of their peers on the list.

The four Kwee brothers of the Pontiac Land Group – a luxury property development company specialising in commercial, residential, hospitality, and retail properties – collectively have a net worth of US$4.6 billion.

Kwee Liong Teck, with a personal fortune of US$1.3 billion, serves as chairman of the company his father founded in 1959. His three brothers, who also appear on the Wealth-X list, are board members as well.

The Hiranandani brothers collectively have a net worth of US$2.6 billion. Raj Kumar, owner of the Royal Holdings Organisation, and Asok Kumar, chairman of the Royal Group, inherited their father’s business and have turned it into one of the leading property players in the Asia-Pacific region.

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