Ltd, Singapore’s largest closely held developer. As the eldest son of the late Ng Teng Fong, he and brother Philip Ng inherited a business empire spanning Hong Kong, Singapore and now Australia. He is the son of the late real estate mogul, Ng Teng Fong, who started Far East Organisation in 1960. 4. Second son Philip Ng is based in Singapore. Since 1986, the billionaire has been a consultant for Hong Kong and China projects of the Sino Group, with duties of planning and guiding development activities. Sino Hotels (Holdings). Unlike so many other Asian billionaires, Robert Ng did not go from rags to riches. Ng Family. www.presidiopenthouse.com/realestatefundmanager/fareast.html FEO has three Singapore-listed entities: developer Far East Orchard Limited, Far East Hospitality Trust and food, beverage and property company Yeo Hiap Seng He is the CEO of FEO, which is Singapore's largest property develop-er after the government, according to its web-site. Philip is the Chief Executive Officer (CEO) of Far East Organization Centre Pte. They also inherited their father’s commitment to philanthropy. Mr Philip Ng is the Chief Executive Officer of Far East Organization which is a family-owned property development and investment group operating in Singapore, Malaysia and Australia. Sons of real estate tycoon Ng Teng Fong (also known as “The King of Orchard Road”), Robert and Philip Ng control the Far East Organization, Singapore’s largest privately-held property developement conglomerate. While elder brother Robert manages the Hong Kong company, younger brother Philip takes care of the business in Singapore. The Ng family owns developmental organisations Far East Organization and Sino Group. Ng's younger son, Philip Ng Chee Tat is the chief executive of Far East Organization since 1991 and served as Singapore's Non-Resident Ambassador to Chile and Argentina. The family's wealth is held through Sino Group and Far East Organization. Philip Ng Chee Tat (born 16 September 1958) is the Chief Executive Officer of the private real estate firm, Far East Organisation. Acquire other skills Philip Ng is the Chief Executive Officer at Far East Organization based in Singapore, Central Singapore. However, the bulk of their fortune is from Tsim Sha Tsui properties based in Hong Kong. #123 Robert & Philip Ng, Far East Organisation NET WORTH: US$10.9B. https://vulcanpost.com/722095/far-east-organization-ng-teng-fong-singapore Ranking at #123 amongst the richest people in the world, Robert and Philip Ng are the sons of late real-estate tycoon and philanthropist Ng Teng Fong, who founded Far East Organisation—Singapore’s largest private property developer. Robert and Philip's combined family net worth was estimated to be US$9.7 billion in 2017. "Believe, so that you may understand, and not seek to understand to believe." 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