Billionaires/Millionaires

OCBC’s billionaire owners seen posing challenge for new CEO Tan Teck Long

n recent years, investors and analysts have pushed Mr Tan’s predecessors to expand faster via takeovers and boost dividends to match DBS.

Billionaires’ stranglehold on Indonesian shares faces reckoning

Several billionaires own so much of their Indonesian listed companies that there are barely any shares are left to trade.

Billionaire Quek Leng Chan said to weigh taking GuocoLand Malaysia private

GuocoLand controls over 65 per cent of GuocoLand Malaysia’s shares, according to its latest annual report.

Elon Musk’s SpaceX acquires his AI start-up with vision to build data centres in space

SpaceX is planning an initial public offering that could raise as much as US$50 billion (S$63 billion).

S’pore a ‘special place’ in giving journey of Facebook co-founder Eduardo Saverin and wife Elaine

The Elaine and Eduardo Saverin Foundation was recently ranked among the Republic’s 10 largest private donors.

HK-based billionaire who is making big bets in gold

Mr Cheah said he only bought and never sold any of his gold investment.

Google co-founder Sergey Brin seeds billionaire political effort amid wealth tax debate

Google co-founder Sergey Brin is donating US$20 million (S$25.2 million) to a new political drive aimed at making housing in California more affordable, amid a wealth tax debate.

Russian-Uzbek billionaire Usmanov wins lawsuit against German newspaper, documents show

Russian businessman and founder of USM Holdings Alisher Usmanov attends a session during the Week of Russian Business, organized by the Russian Union of Industrialists and Entrepreneurs (RSPP), in Moscow, Russia March 16, 2017. REUTERS/Sergei Karpukhin

Singapore CEO’s family gains $1.5 billion fortune from blockbuster IPO

With the Singapore listing of UltraGreen.ai in December, the company's CEO Ravinder Sajwan has struck gold.

Singapore’s Downtown is slowly becoming a place to work, live and play in

The downtown skyline will be further enhanced by the construction of more iconic buildings and luxury towers in the coming years.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.