Raj Kumar
Singapore, Singapore
Singapore
real estate
$2,800,000,000
804
#804 Billionaires 2019
#9 Singapore's 50 Richest 2018
Father-son pair, Raj Kumar and Kishin RK, are among Singapore's leading landlords with their Royal Holdings/RB Capital property empire. The duo have been on a dealmaking spree after a 2011 family settlement between Raj and his younger sibling Asok Kumar Hiranandani, also a billionaire.Their prize holdings include the 442-room Holiday Inn Express at Clarke Quay and the five-star Hotel Intercontinental at Robertson Quay.
The name RB is derived from the erstwhile Royal Brothers, a 72-year-old property group with roots in textile trading.RB Capital is leading a consortium that is seeking to acquire a majority stake in the debt-strapped Leela Hotels group in India.
65
Kishin RK
1
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