Goh Cheng Liang
$14.8B
Born
Jun 27, 1927
Age
98
Source of Wealth
Paints
Residence
Singapore,
Citizenship
Singapore
Marital Status
Widowed
Children
3
Education
- 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.
- It bought U.S. chemical producer AOC from private equity firm Lone Star Funds in 2024 for $2.3 billion.
- 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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