Singapore becomes APAC’s third-richest billionaire market

The city-state's billionaire wealth rose 66.4% to $335.4 b in 2025.

Singapore’s billionaire wealth rose to $335.36b (USD258.8b) in 2025, an increase of 66.4% year-on-year (YoY), according to UBS’s Billionaire Ambitions Report 2025. The rise pushed Singapore ahead of Australia to become the Asia-Pacific (APAC) region’s third-largest billionaire market.

The report showed that Singapore’s total billionaire wealth expanded by almost two-thirds from $201.50b (USD155.5b) in 2024, reflecting a sharp increase in high-net-worth inflows and market gains.

Wealth rankings place Singapore behind Mainland China and Hong Kong SAR but ahead of Australia, which posted a 5.4% increase in billionaire wealth.

Six individuals joined Singapore’s billionaire list during the year, marking one of the strongest annual expansions among regional markets, according to the report.

UBS attributes the increase to broader regional wealth momentum, noting that APAC billionaire wealth rose 11.1% overall.

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