Goh Cheng Liang | |
---|---|
Born | 1927 (age 96–97) |
Occupation | Businessman |
Known for | Founder, Wuthelam Holdings |
Spouse | Married |
Children | Goh Hup Jin |
Chinese name | |
Traditional Chinese | 吳清亮 |
Simplified Chinese | 吴清亮 |
Hanyu Pinyin | Wú Qīngliàng |
Goh Cheng Liang (born 1927) is a Singaporean billionaire businessman who founded Wuthelam Holdings, which manufactures paint and coatings. [1]
Goh Cheng Liang was born in Singapore. [2] He is the son of Wu Songchang and Li Xiuying. [3]
He grew up in poverty and sold fishnets and rubber tapper for income. After World War II, he began buying cheap paint from the British army which he turned into a local company. [4]
He set up his first paint shop in Singapore in 1955, and became the main distributor there for Nippon Paint in 1962. [5] Wuthelam Holdings, which has interests in the paint business and property development, was founded in 1974 as a real estate concern. [1]
In 2020, his son Goh Hup Jin helped conclude a deal which enabled Wuthelam Holdings to formally take control of Nippon Paint. [4] The merger added approximately $3.8bn to his overall net worth. [6] According to Forbes, his net worth stands at $12.7 billion as of 2024, making him the second richest person in Singapore. [7]
Goh Cheng Liang lives in Singapore. [2] His Goh Foundation has made large donations to several charitable causes. [8] [9]
He has a son, Goh Hup Jin, who has been the chairman of Nippon Paint since March 2018 and runs their privately held joint venture, Nipsea. [2]
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