US EditionSpotlight on billionaires and tycoons who chose Singapore to set up their foundations for charity work
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Spotlight on billionaires and tycoons who chose Singapore to set up their foundations for charity work
SINGAPORE - Some of the richest people in the world, such as American hedge fund billionaire Ray Dalio, Indonesian coal king Low Tuck Kwong and Brazil-born Facebook co-founder Eduardo Saverin, have set up foundations in Singapore to give to charitable causes in the past three years. This comes as the Republic positions itself as a financial and philanthropic hub for Asia, driven by a flourishing wealth management sector and attractive tax incent…
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