Age, Biography and Wiki
Lawrence Wong was born on December 18, 1972, making him 52 years old as of 2025. He is a Singaporean politician and economist who has been serving as the fourth Prime Minister of Singapore since 2024. Wong is also the Minister for Finance, a position he has held since 2021. His Wikipedia page provides detailed insights into his political career and achievements: https://en.wikipedia.org/wiki/Lawrence_Wong.
| Occupation | Prime Ministers |
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| Date of Birth | 18 December 1972 |
| Age | 52 Years |
| Birth Place | N/A |
| Horoscope | Sagittarius |
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Height, Weight & Measurements
There is limited publicly available information regarding Lawrence Wong's height, weight, or other physical measurements. Given his public profile, such personal details are not widely reported.
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Dating & Relationship status
Lawrence Wong's personal life, including his relationship status, is not extensively covered in public media. As a public figure, his professional life tends to overshadow personal details.
Growing up, Wong and his family lived in a public Housing and Development Board (HDB) flat in Marine Parade. As a child, his father gave him a guitar, and he developed a love for music.
Wong previously married at the age of 28 but divorced his first wife after three years because of "incompatibility". His second wife is Loo Tze Lui, a former banker currently working in wealth management and who served on the board of directors of YMCA Singapore. He has no children and is a Methodist Christian. His elder brother is an aerospace engineer at DSO National Laboratories. His hobbies include playing the guitar and riding motorcycles.
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Net Worth and Salary
As of 2025, Lawrence Wong's annual salary is approximately SGD 2.2 million, which translates to about USD 1.6 million. His net worth is not explicitly reported, but his role as Prime Minister and Minister for Finance positions him among the highest-paid government leaders globally. Some sources suggest his annual income could be reflected in his compensation package, which includes various benefits and allowances, but precise net worth figures are not available.
On 15 May 2021, following another Cabinet reshuffle, Wong relinquished his portfolio as Minister for Education and became Minister for Finance after Heng relinquished his Cabinet portfolio. On 28 May 2021, he was reappointed to the board of directors of the Monetary Authority of Singapore as deputy chair, replacing Lim Hng Kiang. In February 2022, Wong announced that the government's postponed plan to increase Singapore's Goods and Services Tax would take place, going from 7% to 9% progressively in 2023 and 2024, with a 1% increase each year. Wong also announced a S$500 million stimulus package due to the impact of the COVID-19 pandemic in Singapore, and said the government would set aside an additional S$560 million to "help Singaporean citizens deal with the rising cost of living". Later in June 2022, Wong announced another $1.5 billion support package to provide targeted relief for lower-income and vulnerable groups. At Budget 2023, Wong announced that the Assurance Package was enhanced from $6.6 billion, announced in 2022, to $9.6 billion. This was to offset additional GST expenses for the majority of Singaporean households for at least five years. In September 2023, Wong announced an additional $1.1 billion Cost-of-Living (COL) Support Package to provide more relief for Singaporean households, especial lower- to middle-income families.
Career, Business and Investments
Lawrence Wong's career has been marked by his service in various roles within the Singaporean government. He has been a key figure in the country's economic policies as Minister for Finance and has now taken on the role of Prime Minister. His tenure has focused on navigating Singapore's economic and social challenges, including strategic investments and policy reforms to drive growth and stability.
Prior to entering politics, Wong worked at the Ministry of Trade and Industry (MTI), the Ministry of Finance (MOF) and the Ministry of Health (MOH). He was Principal Private Secretary to Prime Minister Lee Hsien Loong between 2005 and 2008. He also served as the chief executive officer (CEO) of the Energy Market Authority (EMA) between 2009 and 2011. Wong made his political debut in the 2011 general election where he contested in West Coast GRC as part of a five-member PAP team and won. Wong subsequently contested in Marsiling–Yew Tee GRC in the 2015 general election, and retained his parliamentary seat in the 2020 general election. Prior to his appointment as Minister of Finance, Wong served as Minister for Culture, Community and Youth between 2012 and 2015, Second Minister of Communications and Information between 2014 and 2015, Minister for National Development between 2015 and 2020, Second Minister of Finance between 2016 and 2021, and Minister for Education between 2020 and 2021.
Wong began his career as an economist working in the Ministry of Trade and Industry (MTI) in August 1997. It was the beginning of the 1997 Asian financial crisis and his first assignment involved preparing a report on regional economies and their effects on Singapore. He described the experience by saying "nothing that I learned in school prepared me for such an assignment" and recounted having to learn on the job.
In the 2015 general election, Wong was part of a four-member PAP team contesting in the newly formed Marsiling–Yew Tee GRC. The PAP team won with 68.7% of the vote against the Singapore Democratic Party (SDP) and Wong was elected as the Member of Parliament representing the Limbang ward of Marsiling–Yew Tee GRC. Wong was also the Chairman of the Steering Committee for the 2015 Southeast Asian Games. Wong had also announced several key initiatives to get more Singaporeans involved in sports. This includes a national movement called ActiveSG, which gives all Singaporeans and permanent residents ActiveSG$100 to sign up for sports programmes, and enter into swimming pools and gyms at the various sports centres islandwide. Wong also chaired the Singapore High Performance Sports Steering Committee, which provides strategic guidance on identifying and nurturing high performing sporting talents. Wong said that the accomplishments of Singapore athletes at the 2015 Southeast Asian Games indicate that Singapore's investment in sports is paying off. On 1 October 2015, Wong became the Minister for National Development. He also chaired the steering committee for the development of Jurong Lake Gardens. On 22 August 2016, Wong was appointed Second Minister for Finance, in addition to being Minister for National Development. On 29 August 2016, he stepped down from the board of directors of the Monetary Authority of Singapore and was replaced by Ong Ye Kung.
On 6 June 2022, a Cabinet reshuffle was announced where Wong was promoted to Deputy Prime Minister, which further cemented his position as Prime Minister Lee Hsien Loong's successor. In addition to becoming Deputy Prime Minister, he was also named "Acting Prime Minister" in Lee's absence. He had also taken over responsibility of the Strategy Group in the Prime Minister's Office (PMO) from Heng Swee Keat. On 28 June 2022, Wong launched the "Forward Singapore" movement as part of his vision for a society that "benefits many, not a few". The Forward Singapore report was released on 27 October 2023. Following the resignation of former Senior Minister and current President Tharman Shanmugaratnam, Wong was appointed to several positions such as Chair of the GIC Investment Strategies Committee, Chair of the EDB International Advisory Council until his subsequent relinquishment of the Chairmanship to Gan Kim Yong and Deputy Chairman of the GIC. On 5 November 2023, Lee Hsien Loong announced that he handover the premiership to Wong by November 2024, before the next general election, "if all goes well". He eventually succeeded Lee in May 2024.
Wong subsequently emerged as Lee's apparent successor to the position of prime minister; the latter's initial plan to step down at the age of 70 had been complicated by Heng's withdrawal. On 15 April 2024, the Prime Minister's Office issued a press statement confirming that Lawrence Wong would succeed Lee Hsien Loong as prime minister.
Social Network
Lawrence Wong does not have a personal social media presence accessible to the public, which is common for high-ranking government officials. His official communications and updates are primarily shared through government channels and media releases.
Wong was the co-chair of a multi-ministerial committee set up by the government in January 2020 to manage the COVID-19 pandemic in Singapore. As Minister for Finance, he has overseen the gradual increase in Goods and Services Tax (GST) which Lee's government has advocated for – 8% in 2023 and 9% in 2024, up from 7% which had been set since 2007. In April 2022, he was chosen as the leader of the PAP's fourth generation team, placing him in line as Lee's apparent successor. Wong assumed the office of Deputy Prime Minister of Singapore on 13 June 2022, serving alongside Heng Swee Keat. On 26 November 2022, Wong was appointed to the newly created position of Deputy Secretary-General of the PAP. Wong was previously Chairman of the Monetary Authority of Singapore (MAS) from 2023 to 2024 as well as Deputy Chairman between 2021 and 2023. He assumed Chairmanship of the Investment Strategies Committee of GIC from 7 July 2023 while he assumed Chairmanship of the International Advisory Council (IAC) of the Economic Development Board (EDB) from 8 July 2023 until his subsequent relinquishment to Gan Kim Yong on 1 June 2024. Wong was also appointed Deputy Chairman of GIC's Board of Directors on 1 October 2023. On 15 May 2024, Wong was sworn in as the fourth prime minister of Singapore, becoming the first prime minister born after the establishment of modern-day Singapore. On 4 December 2024, he was elected as the Secretary-General of People's Action Party. He led the PAP to victory with an increased share of the vote in the 2025 general election.
Wong received an "overwhelming majority" of support in the consultation process, surpassing that of Ong Ye Kung and Chan Chun Sing, his cabinet colleagues and co-contestants in the 4G leadership race. He received 15 out of the 19 votes from the stakeholders polled, and as no candidate is allowed to vote for himself, this meant that only three other individuals did not vote for him as their first choice. His candidature was unanimously endorsed by the Cabinet and subsequently, by the PAP MPs at a party caucus on 14 April. His appointment was announced by Prime Minister Lee in a Facebook post the same day.
Education
Lawrence Wong holds a First Class Honours degree in Economics from the University of Wisconsin–Madison and a Master's degree in Economics from the University of Michigan. His educational background has significantly influenced his approach to economic policy and governance in Singapore.
Wong attended Haig Boys' Primary School, Tanjong Katong Technical School (now Tanjong Katong Secondary and Primary Schools), and Victoria Junior College before going to university in the United States. Wong received a Bachelor of Science with a major in economics from the University of Wisconsin–Madison in 1994 under the Public Service Commission scholarship. He received a Master of Arts in applied economics from the University of Michigan in 1995 and a Master in Public Administration from Harvard University in 2004.
On 21 May 2011, Wong was appointed Minister of State for Defence and Minister of State for Education. He was also appointed to the board of directors of the Monetary Authority of Singapore on 10 June 2011. On 1 August 2012, he was promoted to Senior Minister of State for Information, Communications and the Arts and Senior Minister of State for Education. On 1 November 2012, he was appointed Acting Minister for Culture, Community and Youth and Senior Minister of State for Communications and Information. Wong led a team to bid for the Singapore Botanic Gardens to be recognised as Singapore's first UNESCO World Heritage Site. Wong also spearheaded the free museum entry policy for all Singaporeans and permanent residents, to all national museums and heritage institutions from 18 May 2013. In 2013, Wong also announced the setting up of a new S$100 million National Youth Fund for youth to champion community and social causes.
As Minister for Culture, Community and Youth, Wong was involved in the transformation of the Civic District —the birthplace of modern Singapore which contained many institutions that have witnessed important turning points in Singapore's history. In January 2016, he assumed office as Chairman of the PAP Community Foundation from 2016 until June 2022 where it was handed over to Minister Josephine Teo In August 2016, the National Arts Council attracted criticisms over the high consultation fees paid for a bin centre, as flagged by the Auditor-General's Office. Wong addressed the issue in Parliament, saying that the project was at acceptable cost due to the need for extensive study of the location and technicality involved with the building of the refuse centre in the Civic District. Under his charge, Wong also introduced the S$200 million Cultural Matching Fund, a dollar-for-dollar matching grant for cash donations to arts and heritage charities and Institutions of Public Character in Singapore.
During the COVID-19 pandemic in Singapore, Wong and Gan Kim Yong were appointed co-chairs of a multi-ministerial committee formed by the government in January 2020 to manage the situation. On 26 March 2020, while paying tribute to frontline workers helping in Singapore's fight against COVID-19, Wong turned emotional and teary-eyed while delivering his address in Parliament. He thanked healthcare workers, as well as those working in cleaning, transport and security sectors for providing much-needed services to keep Singapore going during this difficult time. In the 2020 general election, Wong led a four-member PAP team to contest in Marsiling–Yew Tee GRC again. The PAP team won with 63.18% of the vote against the Singapore Democratic Party and Wong retained his seat as the Member of Parliament representing Limbang ward. On 27 July 2020, following a Cabinet reshuffle, Wong succeeded Ong Ye Kung as Minister for Education. On 8 November that year, Wong was elected into the PAP's Central Executive Committee for the first time after rising to prominence for leading the Government's fight against COVID-19.
Conclusion
Lawrence Wong's career as a politician and economist is marked by his dedication to public service and economic leadership. His role as Prime Minister of Singapore highlights his influence on the country's future economic and social development. While specific details about his personal life are limited, his professional achievements and contributions to Singapore's governance are well-documented.
