Forrest Li, once SG’s richest man, to forego salary; outlines Shopee’s cost-cutting measures including business travel via economy class and cheapest local ride services

In August of last year, Mr Forrest Li was the richest man in Singapore. According to the Bloomberg Billionaires Index, his net worth was S$26.6 billion.   But by May of this year, he lost over 80 per cent of his fortune due to a market crash that caused the world’s 500 richest people to lose … Continue reading Forrest Li, once SG’s richest man, to forego salary; outlines Shopee’s cost-cutting measures including business travel via economy class and cheapest local ride services