Goh Cheng Liang
Goh Cheng Liang is a Singaporean billionaire businessman who founded Wuthelam Holdings, which manufactures paint and coatings.
- Goh Cheng Liang gets the bulk of his wealth from a 39% stake in Japan’s Nippon Paint Holdings, the fourth largest paint manufacturer in the world.
- Goh started making paints in a small factory in Singapore before he went on to partner with Japan’s Nippon Paint in 1962.
- Goh’s son, Hup Jin, was appointed the chairman of Nippon Paint in March 2018 and also runs their privately held joint venture, Nipsey.
- Nippon Paint agreed in April 2019 to acquire DuluxGroup, Australia’s largest paint manufacturer, for $2.7 billion.