Living in the shadow of your parents is never easy, but the offspring of these Singaporean billionaires probably don't have much else to complain about.
These wealthy Singaporeans should take over the management of their family business and handle their own billion-dollar projects.
While some publications have cast doubts about the ability of next-generation billionaires to curate their family's fortunes, these heirs to billionaires seem fine.
From the sons of bank tycoons to the daughters of hoteliers, here are eight Singaporeans next in line to succeed billions of dollars in fortune.
Goh Hup Jin
Photo credit: Forbes
Hup Jin is the sole heir to the fortune of the third richest man in Singapore: Goh Cheng Liang.
The business tycoon draws most of his $ 18.7 billion wealth from a stake in Nippon Paint, the fourth largest paint manufacturer in the world.
Since 2018, Hup Jin has followed in his father's footsteps and is Chairman of Nippon Paint and Head of the Nippon Paint Southeast Asia Group.
He also serves as Group Executive Director of Wuthelam Holdings, a Goh family paint and varnish manufacturer that owns 60 percent of Nippon Paint Holdings.
Photo credit: Forbes
Daryl, the eldest son of Robert Ng, is the heir to the Far East Organization's fortune, the fifth largest in Singapore.
Brothers Robert and Philip Ng have a combined net worth of $ 13.2 billion and control the Far East Organization, Singapore's largest private landlord and real estate developer.
Daryl is currently helping his father manage the Far East arm in Hong Kong, the Sino Group. In addition to leading the Sino Group, Daryl is also chairman of the Singaporean beverage manufacturer Yeo.
Daryl is a Singaporean national but was born and resides in Hong Kong. Daryl currently serves on the National Heritage Board of Singapore and the M + Board of Hong Kong. He is also a member of the Hong Kong Electoral Committee.
Image credit: EdgeProp
Kwek Leng Beng's eldest son Sherman Kwek is the heir to Singapore's sixth largest fortune at $ 8.8 billion.
The Kwek family owns the Hong Leong Group and City Developments, the second largest real estate developer in Singapore.
Sherman Group has been CEO and Executive Director of City Developments Limited (CDL) since 2018. He also serves as Executive Chairman of the China office.
Sherman has pioneered CDL's expansion into China, Japan and Australia for nearly a decade, and has built the group's presence in Singapore and the UK.
Photo credit: Richest
Evan represents the third generation of the Kwee family and is the heir to the $ 5.5 billion fortune of the ninth richest family in Singapore.
The four Kwee brothers control Pontiac Land, a real estate developer who owns luxury hotels and offices across Singapore.
Evan, the only son of Pontiac chairman Kwee Liong Tek, was reportedly moved into the family business immediately upon graduation. He is currently managing director of Capella Hotel Group Asia, which acquired the Kwees 2017 for an undisclosed sum.
Evan also holds senior positions at Pontiac as Head of Design and Hospitality. He is married to Claudia Sondakh, the daughter of Peter Sondakh, the eighth richest man in Indonesia, with whom they share a son.
Wee Ee Cheong
Photo credit: Asian Banking & Finance
Ee Cheong is the heir to the $ 5.3 billion fortune of Singapore's 10th richest man, Wee Cho Yaw.
Wee Cho Yaw remains Chairman emeritus of United Overseas Bank (UOB) Singapore's third largest bank by assets.
After his father retired as chairman in 2013 and director in 2018, a position he had held for over sixty years, Ee Cheong followed in his footsteps.
The new bank tycoon has been with UOB since 1979 and was appointed Vice Chairman and President in 2000. In 2007 he took on the role of CEO.
Ee Cheong also works in various financial organizations, including the Association of Banks in Singapore and the Institute of Banking & Finance.
He is also a member of the Board of Governors of the Singapore-China Foundation, the Indonesia-Singapore Business Council and a member of the Honorary Council of the Singapore Chamber of Commerce and Industry.
Photo credit: Tatler
Carolyn is the second daughter of one of the newest additions to Forbes 50 Richest Companies list. She is the heir to Choo Chong Ngen's $ 2.5 billion fortune, the 14th richest person in Singapore.
The self-made billionaire is famous for his budget hotel 81 chain in Singapore. Since then, Choo has diversified its portfolio under the Worldwide Hotels group, introducing five new hotel brands since 2009.
Carolyn helped her father run 38 hotels around the world. Properties in Japan, South Korea, Malaysia, Thailand and Australia are in preparation.
She is currently the Managing Director of Worldwide Hotels.
Photo credit: Fortune Times SG
Bobby, the son of Asok Kumar Hiranandani, is the heir to the Royal Group, a real estate conglomerate based in Singapore.
Asok has a net worth of $ 1.6 billion and weighs the 20th richest person in Singapore.
Bobby is currently co-chair of the Royal Group in partnership with his father. The duo is developing the Raffles Sentosa Resort & Spa Singapore with Accor, which is only intended for villas and is due to open in 2022.
Since becoming co-chair, Bobby has embarked on some of the company's most ambitious projects, including converting the TAS building into a Sofitel SO hotel, a S $ 130 million project.
Image credit: Tangs
Sean, Tang Wee Kit's eldest son, is the heir to a fortune of $ 1.4 billion.
Tang Wee Kit heads Tang Holdings, a private investment and real estate firm that owns properties such as the Singapore Marriott Tang Plaza Hotel and Tangs Department Store.
In 2006, a "Family Succession Plan" was launched in which Tang Wee Kit replaced his older brother Tang Wee Sung as chairman of C.K. Tang, the owner of the Tangs department store, took over.
In 2017, Sean was reappointed as CEO of Tang Holdings, a role he has held since 2017. Sean served on Tang Holdings' board of directors prior to his appointment.
Spin the wheel of fortune
While most of the heirs in the family business have disappeared, others have also tried to build their own empires.
In their place, the siblings of more entrepreneurial offspring step in to defend the gold mines their parents leave behind.
While some of them were incorporated into the family business the moment they graduated, others returned to the nest after decades of gaining experience in other industries.
Sure, they're born with silver spoons, but running a billion dollar empire isn't easy – it takes courage and skill.
Whether these kids will be able to keep their family's top spot on the Forbes 50 list depends on their own talent and ingenuity.
Selected image source: Forbes / Tatler / edgeprop / Linkedin / Bloomberg / Generation t / Vulcan Post