#1084
Raj Kumar & Kishin RK
Singapore 72 years old
Overview
- Source of Wealth
- real estate
- Industry
- Real Estate
- Residence
- Singapore
Biography
Father-son pair, Raj Kumar and Kishin RK, are among Singapore's leading landlords with their Royal Holdings/RB Capital property empire.
The duo went on a dealmaking spree after a 2011 family settlement between Raj and his younger sibling Asok Kumar Hiranandani, also a billionaire.
Their prize holdings include the 442-room Holiday Inn Express at Clarke Quay and the five-star hotel Intercontinental Singapore Robertson Quay.
Kishin's newest venture is TiffinLabs, an online meal delivery firm with more than 1,000 cloud kitchens in Asia, Europe and the U.S. Its CEO is a former JD.com executive.
About
The name RB is derived from the erstwhile Royal Brothers, a 74-year-old property group with roots in textile trading.