Rank #171
Goh Cheng Liang
Net worth $14.8B
Paints · Singapore
- Born
- Jun 27, 1927
- Age
- 98
- Source
- Paints
- Residence
- Singapore
- Citizenship
- Singapore
- Marital status
- Widowed
- Children
- 3
- Education
Net worth over time
Biography
- 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.
Financial assets
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