Goh Cheng Liang
Singapore, Singapore
Singapore
paints, Self Made
$9,500,000,000
200
#203 Billionaires 2019
#3 Singapore's 50 Richest 2018
Goh Cheng Liang gets the bulk of his wealth from a 39% stake in Japan's Nippon Paint Holdings, the fourth largest paint manufacturer in the world.Goh started making paints in a small factory in Singapore before he went on to partner with Japan's Nippon Paint in 1962.Goh's son,Hup Jin,was appointed chairman of Nippon Paint in March 2018 and also runs their privately held joint venture, Nipsea.
The Gohs collect luxury yachts and catamarans.In a bid to expand its U.S.footprint, Nippon Paint sought to acquire Warren Buffett-backed Axalta Coating Systems in November 2017 but the deal fell through.
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