Goh Cheng Liang – Billionaire

Reclusive paints tycoon Goh Cheng Liang gets the bulk of his wealth from a 39% stake in Japan’s Nippon Paint Holdings. The company expanded its footprint in the American market with the December acquisition of Dunn-Edwards, a household paint supplier in Los Angeles, for an estimated $600 million. Goh’s son, Hup Jin, is Nippon’s executive director and also runs privately held paint and coatings maker Nipsea, a joint venture with Nippon. Goh started making paints in a small factory in Singapore before he went on to partner Japan’s Nippon Paint in 1962. The Gohs collect luxury yachts and catamarans.

Goh Cheng Liang Net Worth: Goh Cheng Liang is a Singaporean tycoon who has a net worth of $2.1 billion. New to billionaires’ circles, Goh Cheng Liang made his beginnings producing paints in a small factory in Singapore. Later on, he managed to partner Japan’s Nippon Paint in 1962, establishing Nippon as a household name in Asia. Today, the joint venture has nearly 50 manufacturing plants and a 15,000 strong work force in 14 countries. Goh Cheng Liang also holds the privately-held Wuthelam Group, which is chaired by his son Goh Hup Jin. Even though he is known to a few people in Singapore, Goh Cheng Liang has built such landmarks like Mount Elizabeth Hospital and the Liang Court mall at Clarke Quay.