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Singapore Billionaire Gets Windfall as Dream Deal Comes True Bloomberg 2/5/2021 Yoojung Lee © Bloomberg The front facades of shophouses at Koon Seng Road in the Joo Chiat area of Singapore, on Friday, Nov. 13, 2020. (Bloomberg) Almost a decade ago, the son of Singapore pigment mogul Goh Cheng Liang set his sights on gaining control of Japan’s biggest paint maker. He finally succeeded, and that’s been a boon for the family’s wealth. Popular Searches Their Wuthelam Holdings Pte. took a majority stake in Nippon Paint Holdings Co. in a $12 billion deal that was completed last month, according to filings this week. That’s boosted their fortune to $24 billion from about $16 billion before the alliance was announced, according to the Bloomberg Billionaires Index.

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