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Wealth of Singapore's 50 richest on Forbes list falls by over 20%

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While Singapore continued to attract wealthy foreigners, rising inflation and the global tech rout took a toll on the combined wealth of tycoons on the 2022 Forbes' list of Singapore's 50 richest. Their collective wealth fell by more than 20 per cent to US$164 billion in 2022 from US$208 billion…

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