Rank #550
Philip Ng
Net worth $7.1B
Real Estate · Singapore
- Born
- Jan 01, 1959
- Age
- 67
- Source
- Real Estate
- Residence
- Singapore
- Citizenship
- Singapore
- Marital status
- Children
- 0
- Education
- Bachelor of Science in Engineering, Kings College London; Masters of Science in Technology, Massachusetts Institute of Technology (MIT)
Net worth over time
Biography
- Philip Ng and his brother Robert control Far East Organization, Singapore's largest private landlord and property developer.
- The group was founded by their father Ng Teng Fong, who moved from China to Singapore in 1934 and came to be known as "The King of Orchard Road."
- Their Hong Kong arm, Sino Group, is run by older sibling Robert and his son Daryl, while Philip oversees the Singapore interests.
- Singapore-listed Far East Orchard repurposed the century-old former Westminster Fire Station in London into a luxury development with 17 apartments and put it on sale in 2022.
- The brothers are staunch Christians and refer to Far East as a Christian enterprise.
- Founder Ng Teng Fong spurned his family's grocery store and got into real estate in 1960 against his father's wishes.
Financial assets
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