Rank #2481
Raj Kumar
Net worth $1.6B
Real estate, hotels · Singapore
- Born
- May 25, 1954
- Age
- 72
- Source
- Real estate, hotels
- Residence
- Singapore
- Citizenship
- Singapore
- Marital status
- Married
- Children
- 1
- Education
Net worth over time
Biography
- Raj Kumar is among Singapore's leading landlords with his Royal Holdings/RB Capital property empire, owned and run together with his son Kishin RK.
- After a 2011 family settlement between him and his younger sibling Asok Kumar Hiranandani, also a billionaire, he has been on a deal-making spree.
- Prize holdings include the 442-room Holiday Inn Express at Clarke Quay, Holiday Inn Little India and the hotel Intercontinental Singapore Robertson Quay.
- He bought the Porcelain Hotel in Singapore's Chinatown, which was refurbished and reopened in 2023 as the 134-room Hotel 1900.
- In 2025, they set up their RB Family Office in Abu Dhabi to tap investment opportunities in the Middle East.
- The name RB is derived from the erstwhile Royal Brothers, a 77-year-old property group with roots in textile trading.
- Son Kishin's RB Food Group owns a portfolio of brands, such as members' club 1880, cocktail bar Employees Only, Roia restaurant and cloud kitchen company TiffinLabs.