10 crazy rich Singapore tycoons who made their money from real estate

The very rich in Singapore has gotten even richer, according to the 2018 Forbes Singapore Rich List.
The combined wealth of the top 50 tycoons on the list rose 11% to nearly US$116 billion, up from $104.6 billion last year.
This year’s biggest gainers were property siblings Robert and Philip Ng, who retained their number one spot for the ninth year with US$11.9 billion (S$16.32 billion). The Ngs enjoyed a whooping US$2.5 billion (S$3.43 billion) boost from last year.
In this article, we round up 10 Singapore tycoons who made their fortune from real estate.
Source: Forbes
1) Robert & Philip Ng
Net worth: US$11.9 billion (S$16.32 billion)
Brothers Robert and Philip Ng control Far East Organization, the largest private landlord and property developer in Singapore. The group was founded by their father Ng Teng Fong, who moved to Singapore from China in 1934 and came to be known as "The King of Orchard Road".
This year, the Ng siblings enjoyed a tremendous $2.5 billion (S$3.43 billion) boost to their net worth, partly on new information about their private assets. Their Far East-led consortium scored a victory in May by clinching a hotly-contested commercial and residential mixed-use site in Holland Village with a winning bid of S$1.213 billion. They beat out a total of 15 other aspirants.
However, the brothers, who retained their No. 1 spot with US$11.9 billion (S$16.32 billion), must now contend with the new property cooling measures.
2) Kwek Leng Beng
Net worth: US$7.6 billion (S$10.42 billion)
Kwek Leng Beng is the executive chairman of Singapore’s Hong Leong Group, which was founded by his father in 1941.
The 77-year old Kwek is also the executive chairman of City Developments, Singapore’s second-largest property developer.
Amid the new cooling measures, Kwek has been on an overseas expansion drive, acquiring assets in overseas markets such as the UK, China and Australia.
3) Kwee family
Net worth: US$5.4 billion (S$7.41 billion)
The four Kwee siblings control the privately held Pontiac Land, renowned for building high-end condos and luxury hotels under the Ritz-Carlton and Conrad brands.
Pontiac Land was founded...