Rank #1859
Ron Sim
Net worth $2.3B
Retail · Singapore
- Born
- Dec 01, 1958
- Age
- 67
- Source
- Retail
- Residence
- Singapore
- Citizenship
- Singapore
- Marital status
- Married
- Children
- 3
- Education
Net worth over time
Biography
- Ron Sim is the founder of OSIM International, maker of high-end massage chairs.
- He took the company private in 2016 when its shares had dropped steeply from their 2014 high.
- In both 2018 and 2022, V3 Brands Asia, part of his V3 Group, filed for an IPO in Hong Kong but shelved it due to market volatility.
- He owns a majority stake in the popular Bacha Coffee, a more than century-old Moroccan cafe chain, in Singapore.
- Sim also has a sizable property portfolio that includes a stake in Perennial Holdings, which was taken private in 2020.
- At age 20, he started a company that sold knife sharpeners and other household goods.
- Sim has founded R3 Asset Management to back fast-growing companies.
- His Futuristic brand supplies wooden and metal store fixtures to a range of retailers from Levi's to Gap to Bath & Body Works.
- His fortune also includes stakes in listed companies such as GHY Media (a film production and distribution company) and Jumbo (a seafood restaurant chain).
- In April 2025 Bahca opened its first European flagship in Paris.
Financial assets
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