Billionaire Profile
Oei Hong Leong
Global Rank
#1593

Image: Public domain | via Wikimedia Commons

Oei Hong Leong

CEO, Chip Lian Investments
SG
Real-Time Net Worth
$2.5B
As of December 2025
Age
77
Source
Investments
Industry
finance-investments
Citizenship
SG

Biography

Oei Hong Leong, born in Singapore on March 21, 1948, is a prominent investor and real estate developer. His wealth stems primarily from his extensive corporate bond portfolio and real estate assets. With an estimated net worth of $2.5 billion as of December 5, 2025, Oei is a significant figure in the finance and investment industry. His career began after studying in China. He is known for founding One Belt One Net, a data center company, and his passion for collecting Buddhist art, with a private museum housing over 50,000 pieces. Oei is married and has four children.

Wealth Over Time

In-Depth Profile

Early Life

Oei Hong Leong, also known as Peter Oei, was born in Singapore on March 21, 1948. He is the son of Eka Tjipta Widjaja, the founder of the Sinar Mas Group, a major Indonesian conglomerate. Oei spent his early years in Singapore before moving to China for his education in the 1960s and 1970s.

Rise to Success

Oei's wealth is primarily derived from his corporate bond portfolio and real estate assets. He owns prime properties, including the Expo Gardens in Vancouver, Canada. He founded One Belt One Net, a data center company in Singapore, and also serves as Chairman of Chip Lian Investments and the Oei Hong Leong Foundation.

Key Business Strategies

Oei has emphasized strategic diversification and long-term investments. He has leveraged his regional knowledge, particularly in the Chinese market, to capitalize on business opportunities. Oei is also known for his bold decision-making and adaptability to market trends.

Philanthropy

Oei Hong Leong is involved in philanthropy through the Oei Hong Leong Foundation, which supports education and healthcare initiatives. He also contributes to the cultural scene through his private Nei Xue Tang Museum, which houses over 50,000 pieces of Buddhist art.

Career Milestones

1948

Born in Singapore

Oei Hong Leong was born in Singapore on March 21, 1948.

1980s

Real Estate Investments

Began investing in real estate, including properties in Vancouver, Canada.

2017

Founded One Belt One Net

Founded One Belt One Net, a data center company in Singapore.

2021

Sold Raffles Education Stake

Sold his entire stake in Raffles Education.

2025

Sold Vancouver Property

Sold Vancouver waterfront property.

Philanthropy & Social Impact

Education, Healthcare and Culture

Oei Hong Leong Foundation

N/A

Supports education, healthcare, and cultural initiatives.

Education

Straits Times School Pocket Money Fund

$0.25B

Donated to provide pocket money for needy students.

Business Philosophy & Leadership

Notable Quotes

""It's wealth only when you use it. It's inheritance if you don't.""

""I'm not a sharp businessman, just very lucky.""

Leadership Principles

Strategic Diversification

Emphasizes diversifying investments across different sectors and asset classes.

Long-term Investments

Focuses on making long-term investments to generate sustainable returns.

Regional Knowledge

Leverages regional knowledge, particularly in the Chinese market, to identify and capitalize on opportunities.

Bold Decision-Making

Demonstrates a willingness to make bold decisions and adapt to market changes.

Controversies & Challenges

2021

Raffles Education Dispute

Disputes with Raffles Education over various issues, leading to the sale of his stake.

2017

Lawsuit against Goldman Sachs

Sued Goldman Sachs for selling him lossmaking currency options.