Facebook's Eduardo Saverin ranks 8th in Forbes richest list

Guess who else placed in Singapore's 40 wealthiest people.

In a release, Brazil-born Facebook cofounder debuts on list after renouncing his American citizenship last year, news of which broke days before Facebook's IPO and drew accusations of tax evasion. His response: "My decision to expatriate was based solely on my interest in working and living in Singapore, where I have been since 2009."

He arrived in Asia after settling lawsuit with former best friend Mark Zuckerberg and the social network. He has since invested in startups, including Qwiki and Jumio, which created the online payment company Netswipe.

Here's the list of Forbes Singapore's 40 richest based on their July 2012 net worth in millions:

1. Ng Robert & Philip Family ($9,200)
2. Khoo family ($6,700)
3. Wee Cho Yaw & family ($4,700)
4. Kwee Liong Tek ($4,000)
5. Richard Chandler ($2,900)
6. Kwek Leng Beng & family ($2,400)
7. Kuok Khoon Hong ($2,300)
8. Eduardo Saverin ($2,200)
9. Peter Lim ($1,700)
10. Ong Beng Seng ($1,600)
11. Raj Kumar ($1,500)
12. Zhong Sheng Jian ($1,400)
13. Lee Seng Wee ($1,350)
14. Sam Goi ($1,300)
15. Koh Wee Meng ($1,250)
16. Lim Oon Kuin ($1,050)
17. Tang Wee Kit ($970)
18. Margaret Lien family ($965)
19. Asok Hiranandani ($910)
20. Tan Boy Tee ($855)
21. Chang Yun Chung ($815)
22. Oei Hong Leong ($765)
23. Bhupendra Kumar Modi ($755)
24. Family Ho ($725)
25. Choo Chong Ngen ($690)
26. Michael Soh Har Kum ($670)
27. John Chuang & family ($605)
28. Peter Fu ($540)
29. Loo Choon Yong ($535)
30. Ng Henry & family ($510)
31. Chua Thian Poh ($470)
32. Ow Chio Kiat & family ($445)
33. Ron Sim Chye Hock ($435)
34. Cheng Wai Keung & family ($355)
35. Lim Hock Chee ($345)
36. Yao Hsiao Tung ($325)
37. Satinder Garcha ($315)
38. Lim John ($310)
39. Olivia Lum ($305)
40. Ho Kwon Ping ($280)