Singapore’s Richest Man, Paint Tycoon Goh Cheng Liang, Dies at 98

SINGAPORE — Goh Cheng Liang, founder of Wuthelam Group and Singapore’s richest man, died on Monday at the age of 98, his family confirmed, The Straits Times reported. With an estimated net worth of US$13 billion (RM55 billion) in 2025, Goh held a majority stake in Japan’s Nippon Paint Holdings, which he helped turn into a global coatings leader.

Goh Cheng Liang

Born in 1927, Goh rose from humble beginnings, starting with surplus paint bought from a British army auction in 1949. Through the Goh Foundation, he funded cancer research, healthcare facilities, scholarships and welfare initiatives. He is survived by three children, eight grandchildren, and a great-grandchild.

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