Meet Indian-origin tycoon who bought his first apartment at age 12, is Singapore's youngest billionaire with Rs 145174985000, he is...
(Image: Forbes)
New Delhi: We have shared many success stories of individuals who reached the pinnacle of their respective fields after starting from nothing and earned immense wealth after spending the initial phase of life with little or no money. However, there are those who are born in affluent families with established businesses yet they choose to make it big on their own.
One such person is Kishin RK, who was born in a wealthy, well-established family, and the only inheritor to real estate mogul Raj Kumar Hiranandani. Kishin RK, 42, is Singapore's youngest billionaire with a net worth of $1.6 billion. He is the founder and CEO of RB Capital Group and what makes him stand out is the fact he did not bank on his family's name or finance. He has created his own way to success as he became Singapore's youngest billionaire.
Reportedly, Kishin sold an apartment given to him by his parents when he was 18 and used the money to launch RB Capital Group in 2006. Today, Kishin is one of six Singaporeans on Forbes' 2025 billionaire list who are under the age of 50.
Kishin's father, Raj Kumar Hiranandani, is a prominent real estate tycoon who co-founded Royal Holdings. Together, the father and son are counted among Singapore's leading property-owners as they handle a property empire worth billions.
The father-and-son team is a force to reckon with in Singapore's real estate circle as Raj Kumar Hiranandani runs Royal Holdings, while Kishin takes care of RB Capital.
Kishin was introduced to the world of real estate at a very young age. In an interview, he said that he purchased his first apartment when he was just 12 years old under the expert guidance and mentorship of his father. This gave him exposure and understanding of the world of real estate. Also, he would attend important business meetings along with his father.
'I realised that my interest was actually real estate. There was no need to do anything else. I was really getting to understand the ins and outs of not just the family business, but the larger landscape of real estate and how it worked as an industry. And I wanted to go deeper,' he said in an interview with Hong Kong based Tatler Asia magazine.
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