Billionaire Profile
Philip Ng
Global Rank
#540

Image: am730 | CC BY 3.0 | via Wikimedia Commons

Philip Ng

CEO, Far East Organization
SINGAPORE
Real-Time Net Worth
$7.108B
Estimated based on Far East Organization stock value as of March 6, 2026
-0.01% (24h)
Age
67
Source
Real Estate
Industry
real-estate
Citizenship
SINGAPORE

Biography

Philip Ng is the CEO of Far East Organization, Singapore's largest private landlord and property developer. His wealth is primarily derived from his real estate holdings and development through Far East Organization and Sino Group. He is a respected philanthropist and a devout Christian who has declared FEO to be a "Christian Enterprise." Ng is known for his servant-leader approach, which is deeply influenced by his Christian faith and emphasizes ethical business practices. His leadership style centers on love, community, and ethical responsibility.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Philip Ng Chee Tat was born on September 16, 1958, to Ng Teng Fong, the founder of Far East Organization, and Tan Kim Choo. He spent his youth in Chicago, Illinois, before returning to Hong Kong to pursue acting and martial arts choreography. Ng studied civil engineering at the University of London, graduating with a Bachelor of Science degree in 1983. He furthered his education at the Massachusetts Institute of Technology (MIT), earning two Master's degrees in Technology and Policy and City Planning in 1985.

Rise to Success

Philip Ng's career is marked by his leadership of Far East Organization (FEO), the largest private property developer in Singapore. Along with his brother Robert, he inherited a significant real estate portfolio developed by their father, Ng Teng Fong. Ng's focus on ethical business practices and his Christian faith have shaped FEO's corporate culture. Under his leadership, FEO has won numerous FIABCI Prix d'Excellence Awards, a testament to their excellence in international real estate.

Key Business Strategies

Philip Ng's business philosophy is deeply rooted in his Christian faith. He views his wealth as a stewardship entrusted to him by God. He integrates Christian principles into all aspects of his business, emphasizing the importance of doing good business and doing good in business. This servant-leader approach is evident in FEO's commitment to values like Business with Grace, Unity, Integrity, Love, and Diligence.

Philanthropy

The Ng family, under Philip's leadership, has been involved in significant philanthropic endeavors. They established the Ng Teng Fong Charitable Foundation after the death of their father. Notable donations include SNG$125 million to Jurong Hospital (renamed Ng Teng Fong Hospital), $52 million to the Ng Teng Fong Healthcare Innovation Program at Tan Tock Seng Hospital, and SNG$20 million to the National Gallery of Singapore.

Career Milestones

1960

Far East Organization Founded

Ng Teng Fong founded Far East Organization, which would become Singapore's largest private property developer.

2000

Alpha Course

Philip Ng attended the Alpha Course, which deepened his Christian faith.

2009

Meritorious Service Medal

Conferred the Meritorious Service Medal.

2018

Distinguished Service Order

Conferred the Distinguished Service Order.

Philanthropy & Social Impact

Healthcare

Ng Teng Fong Hospital

$92.6M

Contribution to the Jurong Hospital.

Healthcare

Ng Teng Fong Healthcare Innovation Program

$52M

Donation to Tan Tock Seng Hospital.

Arts and Culture

National Gallery Singapore

$20M

Donation towards the opening of the National Gallery.

Business Philosophy & Leadership

Notable Quotes

"“Believe so that you may understand and not understand so that you may believe.”"

"“As believers, and being part of this kingdom, we must trade in the currency of love.”"

"“When we do business, we want to do good business and to do good in business.”"

Leadership Principles

Servant Leadership

Emphasizing service to others and operating the business with Christian values like love, integrity, and diligence.

Stewardship

Viewing wealth as something entrusted by God to be managed responsibly.

Christian Enterprise

Integrating Christian principles into all aspects of the business to promote ethical practices and a community of love.