8. Bobby Hiranandani: Son of property magnate Asok Kumar Hiranandani, who has a net worth of $1.35 billion.
The Ngee Ann Polytechnic graduate in building and real estate construction might only have started in the business six years ago, but his father is already handing over the reins of Royal Group Holdings to his 29-year-old son. In an interview with Forbes, his father explained that he’d rather give his son the business while he’s alive.
He added that the younger Hiranandani has a vision for the company, which was proven by the first project he managed himself – Sofitel So, a five-star hotel located near Raffles Place.