It’s another example of how tech billionaires are climbing up the wealth rankings in countries across Asia. Earlier this year, Brian Kim, the founder of messaging giant Kakao Corp, became South Korea’s richest person.
Forrest Li, Sea Limited's billionaire co-founder, chairman and chief executive officer, has become Singapore’s richest person as shares of his company surged.
Li, who was born in China and later became a Singapore citizen, is now worth US$19.8 billion ($26.6 billion), according to the Bloomberg Billionaires Index, after Sea’s American depositary receipts rose 67% this year. The city-state’s second-richest person, paint tycoon Goh Cheng Liang, has a net worth of US$17.7 billion.
