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]
Early life
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]
Career
He set up his first paint shop there 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 networth. According to Forbes, his net worth stands at $18.6 billion as of 2021, making him the second richest person in Singapore.[6][7]
Personal life
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]
References
- 1 2 Wong, Sterling (19 January 2015). "Raffles Hotel Job Helps Make Goh Cheng Liang Singapore's Richest". Bloomberg Billionaires. Bloomberg LLC. Retrieved 6 June 2015.
- 1 2 3 "Forbes profile: Goh Cheng Liang". Forbes. Retrieved 11 December 2020.
- ↑ "立邦漆背后的百亿富豪:从贫穷子弟到亚洲"油漆大王"的励志转身". Sina (in Chinese (China)). 27 April 2018.
- 1 2 Tan, Jessica. "Paints Tycoon Goh Cheng Liang Pulls Off A Master Stroke And Takes Control Of Nippon Paint". Forbes. Retrieved 2 September 2021.
- ↑ "Our History". Nippon Paint SG. Retrieved 17 January 2015.
- ↑ "Singapore's 50 Richest". Forbes. Retrieved 2 September 2021.
- ↑ Tan, Jessica. "Paints Tycoon Goh Cheng Liang Pulls Off A Master Stroke And Takes Control Of Nippon Paint". Forbes. Retrieved 15 December 2021.
- ↑ Lee, Hui Chieh. "$12m gift for leukaemia research" (PDF). National University Hospital Singapore. The Straits Times Singapore. Archived from the original (PDF) on 14 September 2013. Retrieved 6 June 2015.
- ↑ "Goh Foundation Endowed Scholarship". Singapore Management University. Retrieved 6 June 2015.