Portrait of Asok Kumar Hiranandani

Rank #2184

Asok Kumar Hiranandani

Net worth $1.9B

Real estate · Singapore

Born
Nov 28, 1954
Age
71
Source
Real estate
Residence
Singapore
Citizenship
Singapore
Marital status
Widowed
Children
2
Education

Net worth over time

Biography

  • Asok Kumar Hiranandani is a cofounder of the erstwhile Royal Brothers property group.
  • He separated from his older brother Raj Kumar in 2011 after dividing their property empire.
  • His Royal Group, run by his son Bobby, owns the 215-room Sofitel Singapore Sentosa Resort.
  • Hiranandani opened Singapore's second Raffles hotel in Sentosa, consisting of 62 villas, in 2024.
  • In 2022 after selling his 134-room SO/Singapore hotel in the city's central business district for a record S$240 million, he paid a record price of S$172 million for the Ming Arcade near Orchard Road.
  • In 2018, he bought the Darby Park Executive Suites, a serviced apartments complex close to Orchard Road, for $70 million but has sold it since.
  • In February 2025, his Royal Group bought a former bank building in London. He's looking to redevelop it into a luxury hotel with 50 suites.