Early Life
Philip Ng was born in Hong Kong on September 16, 1959. At the age of seven, he immigrated with his family to the United States and spent his youth in Chicago, Illinois. He later pursued higher education, earning a Bachelor of Science in Engineering from Kings College London and a Master of Science in Technology from MIT.
Rise to Success
Returning to Hong Kong in 2002, Ng has made significant contributions to the real estate industry, and has amassed a fortune through Far East Organization, which was founded by his father, Ng Teng Fong. Far East Organization has developed over 750 properties, including residential, commercial, and industrial sectors. The company is the largest private property developer in Singapore.
Key Business Strategies
Under Philip Ng's leadership, Far East Organization has focused on developing high-quality properties and has earned multiple awards. FEO is known for its diverse portfolio, including a significant number of hospitality assets. Ng has emphasized Christian values and ethical business practices within the company, which he has publicly declared as a “Christian Enterprise.”
Philanthropy
Philip Ng is involved in significant philanthropic efforts, particularly in education and healthcare. The Ng family has made substantial donations, including contributions to the Singapore University of Technology and Design (SUTD) and the National Gallery Singapore. These actions underscore his commitment to giving back to the community.
