#180 Billionaire
Goh Cheng Liang
$14.2B
+$280M
(+2.0%)
SG
· Age 98
Source of wealth: Paints
Industry: manufacturing
Residence: Singapore, SG
{
"bio": [
"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 by revenue.",
"Goh started making paints in a small factory in Singapore before he went on to partner with 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.",
"The company celebrated its 140th anniversary in 2021."
],
"about": [
"The Gohs own 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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