Koh Wee Meng
Singapore, Singapore
Singapore
real estate, hotels, Self Made
$1,200,000,000
1818
#1818 Billionaires 2019
#27 Singapore's 50 Richest 2018
Hotelier and property magnate Koh Wee Meng controls Singapore-listed Fragrance Group with interests extending to Australia and the U.K.Son of a jeweler and school teacher, Koh broke away from Aspial, his family's jewelry business to start his own property venture in the 1990s.He was once known as the Geylang King for Fragrance's beginnings in Singapore's red light district. His younger sibling Koh Wee Seng runs Aspial and has his own property interests. Koh also has a majority stake in education provider TMC Education.
In the early years, he named his hotels after precious stones, such as Ruby, Sapphire and Emerald, inspired by his days as a jeweler.In early 2017 Fragrance Group entered the UK hotel property market, where it has since made half a dozen acquisitions.
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