Notable Roles | - Founder, Wuthelam Holdings |
Key Recognition | - Singapore’s richest person (2025) |
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.