Singapore is a small but prosperous nation that boasts of a high standard of living, a competitive economy and a diverse society. But who are the people who earn the most in this country, and what are the jobs that pay the best? In this blog post, we will explore the top 10 income Singapore, based on the latest available data from various sources.
Highest Earning Jobs in Singapore
According to a report by MDIS, some of the growth sectors with high salary packages in Singapore include finance, healthcare, technology and business. These sectors have been resilient or even thriving amid the Covid-19 pandemic, and continue to offer attractive career opportunities for job seekers and fresh graduates.
The report also listed the top 10 highest paying jobs in Singapore for 2022, based on the annual salary range. Here they are:
- Chief Financial Officer: $300k – $450k
- HR Director: $240k – $310k
- IT Cyber Security Manager/Specialist: $190k – $350k
- Supply Chain & Logistics Specialist/ Head of Global Sourcing: $180k – $400k
- Regional Marketing Manager (Consumer Goods, e-commerce): $180k – $240k
- Head of Marketing/Communications Director: $160k – $250k
- Research & Development Director (Life Sciences/Biomedical Engineering): $150k – $260k
- Nurse Manager / Nursing Director: $110k – $200k
- Data Engineer/Network Engineer: $80k – $180k
- Project Manager: $80k – $200k
Of course, these figures are only indicative and may vary depending on the industry, company, experience and qualifications of the individual. However, they do give a general idea of the types of jobs that are in high demand and well compensated in Singapore.
Read more: 10 Best Paying Jobs in Basic Industries for 2023 in Singapore
Highest Earning Individuals in Singapore
Besides looking at the highest earning jobs, we can also look at the highest earning individuals in Singapore. These are the people who have amassed huge fortunes through their businesses, investments or inheritances. They are often featured in various rich lists, such as Forbes or Bloomberg.
According to DollarsAndSense, these are the top 10 richest individuals or families in Singapore as of September 2021, based on their net worth:
- Li Xiting & Family: $27.7B (Sector: Healthcare)
- Goh Cheng Liang & Family: $18.6B (Sector: Paints)
- Zhang Yong & Shu Ping: $16B (Sector: Restaurants)
- Forrest Li & Family: $15.9B (Sector: Technology)
- Robert & Philip Ng: $14.2B (Sector: Real Estate)
- Gang Ye: $10.3B (Sector: Technology)
- Kwek Leng Beng & Family: $8.5B (Sector: Real Estate)
- Wee Cho Yaw & Family: $6.8B (Sector: Banking)
- Khoo Family: $6.5B (Sector: Banking)
- Eduardo Saverin: $6.4B (Sector: Technology)
These individuals or families have made their fortunes from various sectors, such as healthcare, paints, restaurants, technology, real estate and banking. Some of them are self-made entrepreneurs who started from scratch, while others inherited or expanded their family businesses. They are also known for their philanthropic activities and contributions to society.
Conclusion
Singapore is a country that offers many opportunities for people to earn a high income, whether through employment or entrepreneurship. However, income is not the only measure of success or happiness. There are many other factors that matter, such as passion, purpose, balance and fulfillment. Ultimately, everyone has their own definition of what constitutes a good income and a good life.
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