Top 10 Richest Politicians in Singapore 2024 [ Lee Hsien Loong is 2nd ]

Richest Politicians in Singapore 2024 

Richest Politicians in Singapore and their Net Worth. Wealthiest Singaporean Billionaires High ministerial salaries is one of the hottest topics in Singapore.

The World renowned ranking organization, Forbes, annual listing of billionaires, for three consecutive years.

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Here’s a list of The Top 10 Richest Politicians in Singapore and their Net Worth

10. George Yeo Net Worth – US $ 28.6 million

Richest Politicians in Singapore 2022
Richest Politicians in Singapore

George Yeo is a politician from Singapore and currently Chancellor of the Nalanda University and the also the member of the Governing Board of Nalanda University.

He did serve as a Member of Parliament from 3 September 1988 to 7 May 2011, and as our Minister for Foreign Affairs for almost 7 years. Since resigning from politics, Yeo had a stint at Nalanda University from 2011 to 2016 as a chancellor and member of governing board.

George Yeo is currently the chairman and executive director of Kerry Logistics Network, director of Kerry Holdings, and non-executive director of Wilmar International as well as AIA Group.

Also member of the PAP who served as the Minister of Information and Arts, Minister of Trade and Industry, Minister of Health, Minister of Foreign Affairs from 1991 to 2011. George Yeo estimated net worth is US $ 28.6 million and he is ranked at No. 10 in the list of top 10 richest politician of Singapore.

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9. Charles Chong Net Worth- US $ 30 million

Richest Politicians in Singapore 2022
Richest Politicians in Singapore 2024

Charles Chong is a Member of Parliament representing Punggol East SMC, and serves as the Deputy Speaker of Parliament, to Tan Chuan Jin who is the current Speaker.

Chong is relatively lower-profile compared to the rest on this list, his most notable moment in recent memory probably when he won Punggol East SMC back from the Worker’s Party in 2015 with 51.76% of the vote.

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Charles Chong estimated net worth is US $ 30 million and he is ranked in the last at 9th position in the list of top 10 richest politician of Singapore as appeared in financial magazines such as Forbes and Bloomberg.

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8. Vivian Balakrishnan Net Worth- US $ 34.2 million

Vivian Balakrishnan is our current Minister of Foreign Affairs, and has helmed the Ministry since 1 October 2015.Previously, he had held the posts of Minister for Community Development, Youth and Sports, and Minister for the Environment and Water Resources. In addition, he is also in charge of the Smart Nation Programme, which aims to keep Singapore abreast of latest technological developments.

READ MORE : Top 10 Richest People In Singapore 2024

7. Low Yen Ling Net Worth – $40.8 million

Our first female minister on this list, Low Yen Ling is the Senior Parliamentary Secretary of the Ministry of Education, a post she has held since 1 May 2017. Prior to the posting, she also held posts of Parliamentary Secretary for the Ministry of Social and Family Development (MSF), as well as Senior Parliamentary Secretary for the Ministry of Trade and Industry.

Our first female minister Low Yen Ling estimated net worth is $40.8 million.

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6. Chiam See Tong Net worth – $50.7 million

At 83 years of age, Chiam See Tong held the title as the longest serving opposition Member of Parliament of Potong Pasir SMC from 1984 to 2011.

Chiam See Tong only recently ceded the title to Worker’s Party Low Thia Khiang, who has just passed the 27th year mark of service as an Opposition MP this year. Chiam was the founding leader of the Singapore Democratic Party, as well as the Singapore People’s Party.

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5. Grace Fu Net worth – $64.5 million

The only other female politician on this list, Grace Fu is the current Minister for Culture, Community and Youth, a role she has held since 1 October 2015.

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She is only the second female full Minister since Lee Hwee Hua, who retired from politics in 2011, making Fu the only female full Minister currently.

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4. Goh Chok Tong Net Worth – $81.2 million

Perhaps most Singaporeans will be able to predict who the top four richest politicians are. Goh Chok Tong served as our second Prime Minister from 1990 to 2004, taking on perhaps one of the most difficult tasks politically – succeeding Lee Kuan Yew.



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3. Teo Chee Hean Net Worth- $95.4 million

Richest Politicians in Singapore 2022
Richest Politicians in Singapore

Our other Deputy Prime Minister, Teo Chee Hean is currently also serving as the Co-ordinating Minister for National Security and Minister-in-charge of the Civil Service.

2. Tharman Shanmugaratnam Net Worth -$106.2 million

Richest Politicians in Singapore 2022
Richest Politicians in Singapore

Perhaps Singapore’s current most capable and popular politician, and in our point of view deservedly so, this man has unfortunately ruled himself out of the running for Singapore’s next Prime Minister.

Tharman Shanmugaratnam is currently serving as wait for it Deputy Prime Minister of Singapore, Coordinating Minister for Economic and Social Policies, Chairman of the Monetary Authority of Singapore, and Chairman of the Group of Thirty a group comprising thirty of the finest policymakers and financial experts in the world.

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1. Lee Hsien Loong Net Worth -$108.6 million

Richest Politicians in Singapore 2022
Richest Politicians in Singapore

Prime Minister Lee Hsien Loong is Singapore’s third and current PM, and has been our incumbent PM since 3 December 2004. The eldest son of founding father Lee Kuan Yew, LHL joined politics in 1984, and served as the Ministers of Finance, Trade and Industry, and Deputy Prime Minister prior to his current role.

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He is also married to Ho Ching, CEO of Temasek Holdings since 2002, and currently ranked the 28th most powerful woman in the world by Forbes.PM Lee Hsien Loong is currently the highest paid world leader globally, despite a 2011 pay cut which reduced his salary to a mere S$2.2 million per year.

CHECK THIS : Lee Hsien loong Salary Per Month 2024

Lee Hsien Loong estimated net worth is $108.6 million, and he is ranked at No. 1 in the list of top 10 richest politician of Singapore as given the impression in financial magazines such as Forbes and Bloomberg.

Top 10 Richest Politicians in Singapore 2024 Newshub360.net

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Top 10 Richest Politicians in Singapore 2024

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