Rank #1955
Koh Wee Meng
Net worth $2.2B
Real estate, hotels · Singapore
- Born
- Jul 01, 1963
- Age
- 62
- Source
- Real estate, hotels
- Residence
- Singapore
- Citizenship
- Singapore
- Marital status
- Married
- Children
- 1
- Education
Net worth over time
Biography
- Hotelier and property magnate Koh Wee Meng controls Fragrance Group with interests extending to Australia and the U.K. He took the Singapore-listed company private in 2021.
- Son of a jeweler and schoolteacher, Koh broke away from Aspial, his family's jewelry business, to start his own property venture in the 1990s.
- He was once known as the Geylang King for Fragrance's beginnings in Singapore's red light district.
- His younger sibling Koh Wee Seng runs Aspial and has his own property interests.
- In the early years, he named his hotels after precious stones, such as Ruby, Sapphire and Emerald, inspired by his days as a jeweler.
- In 2017, Fragrance Group entered the U.K. hotel property market, where it has since made 12 acquisitions.
Financial assets
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