Eduardo Saverin remains Singapore's richest person, but the Facebook co-founder's estimated fortune has fallen sharply over the past year. Forbes valued Saverin's wealth at $32.9 billion (£24.34 billion) in its 2026 ranking, down $10.1 billion (£7.47 billion) from the previous year's estimate of $43 billion (£31.81 billion).
Despite the decline, he retained the top position on Singapore's 50-richest list for a fourth consecutive year. The decline was closely linked to the performance of Meta Platforms, the company formerly known as Facebook, where Saverin still holds a stake. He was not alone among Singapore's technology billionaires.
Forrest Li, Gang Ye and David Chen, the three co-founders of Sea Limited, also saw their estimated fortunes decline as Sea's share price fell. Together, the four technology entrepreneurs saw their combined estimated wealth fall by nearly $16 billion (£11.80 billion) over the year.
Meta Shares Hit Eduardo Saverin's Fortune
Saverin's wealth is closely linked to his Meta holdings, making movements in the company's share price particularly important to his estimated net worth.
Reports said that Meta shares fell 25% over the year covered by its latest Singapore ranking.
The decline came as the company reported a 14% fall in second-quarter net profit, even though revenue increased 28%. Reports attributed part of the pressure to rising spending on artificial intelligence infrastructure.
That represents a marked change from the previous ranking. In 2025, Saverin was Forbes' biggest dollar gainer among Singapore's wealthiest people, with his estimated fortune increasing by £10.36 billion ($14 billion) to £31.81 billion ($43 billion).
The earlier rise followed a strong period for Meta shares and came after the company's advertising business helped lift investor expectations.
Saverin co-founded Facebook with Mark Zuckerberg while the pair were students at Harvard in 2004. He later moved into venture capital and remains involved in technology investing rather than running Meta itself.
His investment firm, B Capital, was founded in 2015 and has more than £8.88 billion ($12 billion) in assets under management, according to reports. In July 2026, the firm raised another £369.90 million ($500 million) for early-stage investments.
Sea Founders Also See Billions Cut From Estimated Fortunes
The other major decline came from Sea Limited, the New York-listed technology company behind Shopee, Garena and Monee. Its three co-founders, Forrest Li, Gang Ye and David Chen, saw their combined estimated wealth fall by £4.33 billion ($5.85 billion) over the year.
Li, Sea's chairman and chief executive, saw his fortune fall from £8.29 billion ($11.2 billion) to £5.70 billion ($7.7 billion). He consequently moved from sixth to 10th place on Singapore's list. Ye's estimated wealth dropped from £4.44 billion ($6 billion) to £3.18 billion ($4.3 billion), while Chen fell from £1.48 billion ($2 billion) to £1 billion ($1.35 billion).
Sea's shares fell by nearly one-third over the period covered by Forbes' ranking, with the company facing tougher competition from services such as TikTok Shop and pressure on Shopee's e-commerce margins. The company was founded in 2009 and listed in New York in 2017, developing into one of Southeast Asia's major technology groups.
Sea is also expanding its use of artificial intelligence across its businesses and has established a dedicated team to explore AI investment opportunities.
Sea has created a dedicated team to explore AI investment opportunities and has been adding AI-based features to its products, including recommendation systems and tools for sellers. It has also worked with Google on AI services such as shopping agents.
The fortunes of the four technology billionaires fell even as Singapore's 50 richest people collectively remained at £176.84 billion ($239 billion).
Reports further said that 35 people on the list were wealthier than a year earlier, showing that gains in property, banking and other businesses offset the technology-related declines.
