Goh Cheng Liang

Photo by Mothership

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Notable Roles

- Founder, Wuthelam Holdings
- Majority Stakeholder, Nippon Paint Holdings

Key Recognition

- Singapore’s richest person (2025)
- Forbes Global Billionaires List: #182 (2025)
- Philanthropist via the Goh Foundation

Background and Early Foundations

Born in 1927 in Singapore, Goh Cheng Liang grew up in poverty, living with his family in a rented room on River Valley Road. During World War II, he sold fishing nets and worked as a rubber tapper to support his family. After the war, he began purchasing surplus paint from the British army, refurbishing it, and selling it under his own brand, Pigeon Paint.

Career Milestones and Impact

Year

Milestone

1955

Opened his first paint shop in Singapore.

1962

Became the main distributor for Nippon Paint in Singapore.

1974

Founded Wuthelam Holdings, expanding into property development and other industries.

2020

Wuthelam Holdings acquired a majority stake in Nippon Paint Holdings, increasing Goh's net worth significantly.

  • Net Worth: US$13 billion
  • Global Ranking: #182 on Forbes Billionaires List
  • Business Footprint: Operations in over 15 countries with more than 60 factories worldwide.

Leadership Style and Influence

Goh Cheng Liang is known for his humble beginnings and astute business acumen. He maintained a low profile throughout his career, focusing on building a robust business empire. His strategic partnership with Nippon Paint and subsequent acquisition of a majority stake exemplify his forward-thinking leadership.

Legacy and Future Focus

Beyond business, Goh has contributed to various philanthropic causes through the Goh Foundation, supporting medical research and community development in Singapore. His legacy continues through his son, Goh Hup Jin, who currently chairs Nippon Paint Holdings.

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