Top 4 personalities of SINGAPORE

Top 4 richest personalities of Singapore
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Basic InformationZhang YongLi XitingGoh Cheng Liang  Eduardo Saverin
NationalityChinese / SingaporeanChinese / SingaporeanSingaporeanBrazil
Date of Birth1969 / 19701st January 1951192725th May 1982
Place of BirthJian Yang, Sichuan, ChinaChinaSingaporeBrazil
Age50 – 51 years old69 – 70 years old92 – 93 years old38 years old
StatusBusinessmanBusinessmanBusinessmanBusinessman
OccupationRestaurateurMedical DevicesNippon PaintCo-founder of Facebook
School / CollegeDid not finish the school educationN / AN / ARaffles Girls’ School
GraduationDid not get an educationUniversity of Science and Technology of China in PhysicsN / AHarvard University
CareerHe started the business with three friends including his wife.Started his career by becoming the researcher and assist scholars at Wuhan, China, and France between 1976-1987He set up his first paint shop in Singapore in 1955He started his career in student life in the field of social networking and built the Facebook application
Net worth$15.1 billion (September 2019)$17.7 Billion (14 August 2020)$17.4 Billion (14th August 2020)$15.2B (14th August 2020)
Famous forFounder and CEO, Haidilao International Holding Ltd.Medical instrumentsFounder of Nippon PaintBrazilian Internet Entrepreneur and spirit depositor.
InvestmentsInvestment in all over the world’s countriesMindray established in 1991Paint industries in Australia ($2.7 billion) and Turkey ($247 million)investments in late-stage tech firms in Asia, Europe, and the U.S.

Zhang Yong:

Zhang Yong was born in 1969/ 1970 in Jian yang, Sichuan, China. According to Forbes, He not ever got an education and did not in what way to formulate the characteristic Sichuan hotpot when he first underway. He started his work as a welder and according to him, he did not eat any dish in the restaurant until he came to the age of 19 years old. He did the job of a factory tractor, a welder job in the company[1]. He took about 93 Yuan ($19) per month in the factory[2]. He left the job and opened the 4 tables restaurant for the customers, the first Hai Di Lao, which was established by his three friends more which are Zhang Yong and wife Shu Ping, and Shi Yong Hong and wife Li Haiyan. Their restaurant became very famous in the town. Their 2nd restaurant Lou Wai Lou was established in 1998. After 2010, the company opened its training school of restaurant management. But after in 2013, Hai Di Lao opened for the first time in the United States in Los Angeles. He gave the customers a luxury environment for eating the food, His famous offers services are:

  • Famous free manicures
  • Free fruit & snack platters
  • Free-flow drinks & tea
  • Phone screen protectors & plastic bags for phones
  • Hairbands for long-haired girls
  • A giant teddy bear for solo guests
Zhang Yong, chairman of Sichuan HaiDiLao Catering Co.,.jpg
Zhang Yong, chairman of Sichuan HaiDiLao Catering Co.,.jpg

His famous restaurants are spread all over the world, have a high standard of food for eating and services. By the description from poor, Zhang Yong asked 3 other friends to invest in his business of which worth less than $1942 (10,000 Yuan). He promised them to return all their money within 5 years. There was the squad of 4 people which was the original squad, at last, he became the richest person in Singapore and China. For many years Zhang Yong gave the plastic bags to the staff to protect from the Soup. He gave the rubber band to the customers who have long hairs to prevent from getting into the sauce plates or soup broth. Mr. Zhang gave the others for aspiring entrepreneurs[3].

Zhang Yong Founder of Haidilao became China's wealthiest business circle
Zhang Yong Founder of Haidilao became China’s wealthiest business circle

Li Xiting:

Li Xiting was born in 1st January 1951 in China, the maker of the medical instrument started his business in 1991 in Shenzhen. His company name is Mindray and was first time trading from New York in 2006 for the Public. Li is the 186th person richest person in the World with a net worth of $17.7 Billion. Li Xiting is the Chairman of Shenzhen Mindray Bio-Medical Electronics which is a Chinese medical equipment maker. The Shenzhen company generates a revenue of about 13.6-billion-yuan last year. The company produces various in which patient monitoring and medical imaging devices are numerous medical institutions around the world. He started his career as a researcher and assist scholars at an institute in Wuhan, China, and France during the year 1976 to 1987. I worked there for about four years at the medical instruments company in Shenzhen[4].

News from the University of Science and Technology of China
News from the University of Science and Technology of China

He started his own company in Shenzhen with the name of Mindray after that the company was publicly trading in New York in 2006. Li and his group take the business privately for years but after when the company was enlisted in Stock Exchange in October last year 2018. According to the Ash Center of Harvard Kennedy School, Li donates generously various organizations in China. For example, he donated $3 million to guqin city in Jiangsu Province for poverty Alleviation and $1.5 million to Daishan County in Zhejiang province for the tourism Development fund in 2017. According to my research, it is not truly said that he has donated any money to any non-profit organization in Singapore. According to our, it is found that Visa for Singapore is the most powerful red passport ranked across the world. According to the company’s website, there are many offices all over the world instead of Singapore[4].

  • Mindray Headquarters, Shenzhen
  • Mindray Argentina, Buenos Aires
  • Mindray Australia, Victoria province
  • Mindray Brazil, Sao Paulo
  • Mindray Canada, BC, and ON provinces
  • Mindray Colombia, Bogota and Medellin
  • Mindray Egypt, Cairo
  • Mindray France, Paris
  • Mindray Germany, Darmstadt
Singapore’s wealthiest man is US$1 billion richer every month as Mindray’s ventilators fly off production line on Covid-19 demand
Singapore’s wealthiest man is US$1 billion richer every month as Mindray’s ventilators fly off production line on Covid-19 demand

There are many more offices which are established around the world. Prime Minister Lee Hsien Loong said that inaugural DBS Asia leader sentences are[4]:

“If I can get another 10 billionaires to move to Singapore and set up their base here, my Gini coefficient will get worse but I think Singaporeans will be better off, because they will bring in business, bring in opportunities, open new doors and create new jobs, and I think that is the attitude with which we must approach this problem.” But it is not known how many jobs are produced by the Singapore government for the Citizens[4].

Goh Cheng Liang:

Goh Cheng Liang was born in 1928 in Singapore, is a businessman who is the founder of Nippon paint industries and coating. He has a net value of about $14.8 Billion according to Forbes magazine. According to our information, he is often reclusive and unlike others in the league of Billionaires. Many personalities even don’t know the name. He started his business in the South East with the name of Nippon Paint. Gradually the shop became famous all over the world and he became the richest person in Singapore. When he started his work in Singapore, many persons in his family are living in the shop-house at river valley road. 7 family members lived there in which 3 sisters, 1 brother, and his parents including him. He lived in Singapore till World War II had been started. His family went to his brother-in-law which was selling fishing nets before returning to Singapore. After World War II, they came back in 1943 to Singapore and started his business of paint there. Goh Finally struck gold when in 1949 British Army was actioning army supplies and he brought barrels of rotting paint, according to him it was the great success for him to making his brand of paint, which he named Pigeon Brand Paints. Goh Cheng Liang is famous for various works but the most famous work is boating. He purchased many expensive Yachts and superyachts. He has fond of sailing around. His best-known donation includes a 50-million-dollar donation to National Center Singapore in addition to $12 million. He is very famous for friendship because he takes friendship to a high level[5].

GOH CHENG LIANG Net Worth $ 8 billion Inside the $100M WHITE yatch.jpg
GOH CHENG LIANG Net Worth $ 8 billion Inside the $100M WHITE yacht

Eduardo Saverin:

Eduardo Saverin was born on 19th March 1982 in Brazil. He is a Brazilian internet entrepreneur and angel investor. He is the co-founder of Facebook and purchased about $53 million Facebook shares of which net worth is $7.2 billion, according to Forbes magazine. He started his work by investing some money on different projects like Qwiki and Jumio. He wanted to avoid the US taxes and due to this afraid Saverin renounced his citizenship due to his “interest in working and living in Singapore” from where he had been living since 2009. He avoided about $700 million in Capital gains taxes. He started his career while he was getting an education from Harvard University, Sophomore Mark Zuckerberg. Both the friends noticed that the students are not interested in the social networking websites of this university, both students worked together for the social application in 2004. Saverin became the Chief financial officer and business manager for the website of Facebook. After 15th May 2012, the Business Insider got the and unrestricted an email from Zuckerberg describing how he sides Saverin from Facebook and thinned his stake. Then the claim filed by Facebook against Saverin and the countersuit filed by Saverin against Facebook was established out of law court. The terms of the payment were not revealed and the company affirmed Saverin’s title as co-founder of Facebook. Saverin signed a non-revealed agreement after the payment[6].

Facebook Co-Founder Eduardo Saverin Becomes Singapore's Richest person
Facebook Co-Founder Eduardo Saverin Becomes Singapore’s Richest person

After in 2016, Saverin fund closed initial deals of over $140 million in Asia in which as well as $30 Million in up and coming provincial logistics startup Ninja van. In 2010 film the social Network depicts that the relationship between Saverin and Zuckerberg from the creation of Facebook to Saverin’s legal action against Zuckerberg. Actor Andrew Garfield’s portrayal of Saverin was met with critical acclaim, receiving nominations such as the Golden Globe Award for Best Supporting Actor- Motion Picture and BAFTA Award for Best Actor in a Supporting Role[6].

Facebook co-founder Eduardo Saverin to wed Singapore-based Elaine Andriejanssen in July
Facebook co-founder Eduardo Saverin to wed Singapore-based Elaine Andriejanssen in July

References:

1.            wikipedia. 14th September 2020; Available from: https://en.wikipedia.org/wiki/Zhang_Yong_(restaurateur)#References  

2.            mothership. 14th September 2020; Available from: https://mothership.sg/2020/08/haidilao-founder-forbes-singapore/

3.            mustsharenews. 14th September 2020; Available from: https://mustsharenews.com/haidilao-zhang-yong/.

4.            onlinecitizenasia. 14th September 2020; Available from: https://www.onlinecitizenasia.com/2019/12/27/former-prc-billionaire-li-xiting-now-singapore-citizen-listed-on-bloombergs-top-500-billionaires-index/

5.            celebfamily. 14th September 2020; Available from: https://www.celebfamily.com/business/goh-cheng-liang-family-family-tree.html

6.            peoplepill. 14th September 2020; Available from: https://peoplepill.com/people/eduardo-saverin/ 


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