Apr 08, 2022 08:39 PM

WORLD

Chinese Migrants Make the Top 10 of Singapore’s Forbes Billionaire List

Li Xiting has topped a ranking of Singapore’s richest people. Photo: mindray.com

Li Xiting has topped a ranking of Singapore’s richest people. Photo: mindray.com

Naturalized Singaporeans from China have attained a significant presence on the list of the country’s top 10 billionaires, according to the latest edition of Forbes’ annual The World’s Billionaires.

With a net worth of $17.2 billion, Li Xiting, co-founder of Shenzhen Mindray Bio-Medical Electronics Co. Ltd. (300760.SZ), tops the country’s ranking, even as his position on the global list fell to 94th, down from 82nd in 2021.

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