Born with a silver spoon in their mouths. And one day, the silver will turn into gold when these scions succeed the throne and inherit a billionaire’s empire.
Contrary to Hollywood’s portrayal of heirs and heiresses, these successors aren’t loafers but have instead made their mark in society as accomplished individuals. They may live a privileged life, but they work hard and contribute to society in their own ways as well.
The Coverage has compiled a list of 10 heirs who are likely to follow in their parents’ footsteps and become the next billionaires. Check out the gallery to see who are on the list.
10. Wee Teng Wen: 35-year-old son of United Overseas Bank Deputy Chairman & Chief Executive Officer Wee Ee Cheong and grandson of banking tycoon Wee Cho Yaw, who has a net worth of $3.5 billion.
The co-founder of Lo and Behold, a group of trendy establishments, Wee first ventured into the F&B industry when he was 25. He had graduated from the University of Pennsylvania with a degree in management, psychology and finance, and started Loof in Odeon Towers in 2005.
Now, he has several restaurants and bars, including The Black Swan, Overeasy, Tanjong Beach Club, The White Rabbit and two Extra Virgin Pizza restaurants under his wing. Wee married artist Dawn Ng mid last year.
9. Carolyn Choo: Daughter of hotel mogul Choo Chong Ngen, who has a net worth of $1.25 billion.
Choo is the Director and shareholder of Hotel 81, which was founded by her father. She helps her father in running his business, which has 24 locations islandwide under Hotel 81 Management Group and V Hotel Management.
Choo graduated from NTU’s Nanyang Business School in 1999 with First Class Honours.