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#140 Eduardo Saverin Net Worth: US$14.6B In 2004 Eduardo Saverin, who is currently based in Singapore, co-founded Facebook with Mark Zuckerberg. In 2012, the pair parted ways though Saverin continues to retain a small stake in Facebook which provides him with most of his wealth. In 2016, Saverin launched a venture fund called B Capital with Raj Ganguly. This fund has since managed to raise SGD$766 million and they invest heavily in tech firms around the world.
Net Worth: US$13.3B Robert and Phillip Ng, who are brothers, run Far East Organisation which is Singapore s largest private landlord and property developer. The company was founded by their father Ng Teng Fong. ....
Goh Hup Jin, son of Singapore pigment patriarch Goh Cheng Liang has been trying for ten years to get control of Nippon Paint Holdings Co., the largest paint company in Japan. Now, Bloomberg reports that he s finally succeeded in closing a deal between his own family business – Wuthelam Holdings Pte. – and Nippon Paint, and enriched his family fortune in the process. The deal was for $12 billion, and it brought the Goh family fortune from $16 billion (before the merger was made public) to $24 billion. In a way, it represents the culmination of a life s work for Goh that goes all the way back to 1949, when a 21-year-old Goh purchased a few barrels of paint that was being sold at a British army surplus auction. Soon after, he began selling the paints under Pigeon, the brand name he developed for that purpose. ....
The Straits Times Singapore billionaire gets windfall as dream deal with Nippon Paint comes true Singapore paint tycoon Goh Cheng Liang s partnership with Nippon Paint began in the 1950s.PHOTOS: LIANHE ZAOBAO, NIPPON PAINT PublishedFeb 5, 2021, 7:48 am SGT https://str.sg/Jrf6 They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months. ....
SINGAPORE (Bloomberg): Almost a decade ago, the son of Singapore paint tycoon Goh Cheng Liang set his sights on gaining control of Japan's biggest paint-maker. He finally succeeded, and that has been a boon for the family's wealth. ....