Networth: 10 Billion
Country: Singapore
Industry: Manufacturing
Goh Cheng Liang gets the bulk of his wealth from a majority stake in Japan's Nippon Paint Holdings, the world's fourth-largest paint manufacturer.Goh started making paints in a small factory in Singapore before he went on to partner with Japan's Nippon Paint in 1962.In 2021, his son, Hup Jin, who chairs Nippon Paint, completed a $12 billion stock and cash deal that gave him a majority stake in Nippon.In March 2021, the company celebrated its 140th anniversary.Nippon Paint has partnered with the University of Tokyo for research on new products that offer protection against Covid-19.
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