BillionaireNet
Leong
O
Rank #1600
SINGAPOREfinance-investmentsInvestments

Oei Hong Leong

Net Worth
$2.481B
0% (24h)
Oei Hong Leong, a Singaporean billionaire, has built a substantial fortune through strategic investments in corporate bonds and real estate. Born in 1948, he is recognized for his diverse portfolio and significant real estate holdings, including prime properties. With a net worth of $2.5 billion as of December 16, 2025, Oei is also known for his extensive collection of Buddhist art, displayed in his private museum in Singapore. His career has encompassed various ventures, including founding One Belt One Net, a data center company.

The Full Dossier

Early Life

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

Rise to Success

Oei's wealth primarily comes from his corporate bond portfolio and real estate assets. He owns prime properties in Vancouver, Canada, including Expo Gardens. He is also the founder of One Belt One Net, a data center company in Singapore, with a significant investment of SIN$6.7 billion. Additionally, he serves as the Chairman of Chip Lian Investments and the Oei Hong Leong Foundation.

Key Business Strategies

Oei is known for his strategic investments in various sectors, including real estate and finance. He has been involved in ventures such as data centers, investment firms, and philanthropic organizations.

Philanthropy

Oei is involved in philanthropy through the Oei Hong Leong Foundation, which supports education, healthcare, and cultural initiatives. He has donated to various causes, including the Straits Times School Pocket Money Fund. He also owns the Nei Xue Tang Museum, a private museum dedicated to Buddhist art, which has over 50,000 pieces.

Career Timeline

2021

Sold Raffles Education Stake

Sold entire stake in Raffles Education after differences with its founder.

2017

Founded One Belt One Net

Founded One Belt One Net, a data center company in Singapore, with a SIN$6.7 billion investment.

1989

Purchase of Vancouver Property

Oei bought prime property in Vancouver, Canada, including Expo Gardens (formerly Plaza of Nations).

1960s-1970s

Education in China

Oei received his education in China.

1948

Birth in Singapore

Oei Hong Leong was born in Singapore.

Philanthropic Impact

Education$0.25B

The Straits Times School Pocket Money Fund

Donation to The Straits Times School Pocket Money Fund

Wealth Trajectory