SINGAPORE: Forrest Li, Sea Ltd’s billionaire co-founder, chairman and chief executive officer, has become Singapore’s richest person as shares of his company surged.Li, who was born in China and later became a Singapore citizen, is now worth US$ 19. 8bil( RM82. 4bil), according to the Bloomberg Billionaires Index, after Sea’s American depositary receipts rose 67% this year. The city-state’s second-richest person, paint tycoon Goh Cheng Liang, has a net worth of US$ 17. 7bil( RM74bil). It’s anoth

LAST Monday, Sea Ltd employees were starting their week when an email from chief executive officer Forrest Li( pic) arrived.... All told, Sea lost three-quarters of its value in five months. Fund managers in recent months began to urge Sea to be more transparent about its strategy and numbers, according to people familiar with the matter. During an earnings call last week, Li made unusually long and detailed remarks.... In early March, Singapore-based consulting startup Momentum Academy organi