2) Leng Beng Kwek & family – Net Worth: $6.7 Billion

Leng Beng Kwek’s London-listed Millennium & Copthorne Hotels spent around $385 million to acquire the 158-suite Chelsea Harbor Hotel in London and the Novotel in New York’s Time Square.

1) Robert & Philip Ng – Net Worth: $11.8 billion)

Brothers Robert & Philip Ng are on a buying spree in Australia. Their Far East Organization bought prime properties in Sydney and Perth, including a Sydney office tower for $142 million in March. They paid $6 million for an island in New South Wales in November. Their Singapore-listed Far East Hospitality Trust has a dozen properties worth a total of close to $2.5 billion. Largest part of their public fortune is in Tsim Sha Tsui Properties.

These billionaires are contributing to the economy of this island nation.