This Indian-Origin CEO Bought His First Home At 12. Now, He Is Singapore's Youngest Billionaire

News18

5 days ago

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At just 12 years old, under the guidance of his father, Kishin purchased his first property—an experience that sparked a lifelong fascination with real estate.
Kishin RK, the 42-year-old CEO of RB Capital Group, has been named Singapore's youngest billionaire in 2025, with an estimated net worth of US$1.6 billion, according to Forbes.
Although Kishin is the sole heir of Indian-origin real estate magnate Raj Kumar Hiranandani, his rise has been shaped as much by personal drive and independent choices as by family legacy.
One of only six Singaporeans under the age of 50 to feature on Forbes' billionaire list this year, Kishin exemplifies a rare blend of generational legacy and self-driven innovation in the high-stakes world of real estate.
Real Estate Journey At 12
Kishin's introduction to property development came early. At just 12 years old, under the guidance of his father, he purchased his first property—an experience that sparked a lifelong fascination with real estate.
By 18, he sold an apartment gifted by his parents and used the proceeds to establish RB Capital Group in 2006, charting a course for an independent business journey.
In a past interview with Tatler Asia, Kishin reflected on his career aspirations, saying that while he once considered finance and hospitality, it was real estate that 'allowed him to build something lasting."
Building A Legacy
Despite hailing from a prominent real estate family—his father's Royal Holdings is a major player in Singapore's property scene—Kishin was determined to forge his own identity.
RB Capital, under his leadership, has focused not just on property acquisitions but on developing signature commercial and hospitality projects from the ground up.
His official involvement in the family business began in 2003, but a pivotal moment came in 2011 when his father and uncle divided their real estate holdings.
Post-split, Kishin and Raj Kumar became a formidable duo—jointly managing a portfolio estimated to be worth US$10 billion.
Global Expansion And Middle East Pivot
In a strategic move to expand beyond Asia, the family launched the RB Family Office in late 2024, headquartered in Abu Dhabi Global Market. The initiative aims to grow its presence in the Middle East, leveraging the UAE's business-friendly environment to manage global investments.
According to Forbes, the combined wealth of Kishin RK and his father Raj Kumar currently stands at US$3.15 billion.
Despite his billionaire status, Kishin remains grounded. Colleagues and associates often speak of his humility, noting that he treats everyone with the same courtesy—whether senior executives or hospitality staff.
During the COVID-19 pandemic, Kishin's philanthropic instincts came to the fore. He co-founded Tiffin Labs, a cloud kitchen startup, and launched the 'Food is Love" initiative, which provided meals to vulnerable communities in Singapore.