Meet Indian-origin CEO who became Singapore's youngest billionaire in 2025 with a net worth of $1.6 billion
Source: Instagram
Kishin RK, 42-year-old CEO of RB Capital Group, has emerged as Singapore's youngest billionaire in 2025 with an estimated net worth of US $1.6 billion. While he is the sole heir to Indian-origin real estate magnate Raj Kumar Hiranandani, Kishin's wealth reflects more than inheritance; it is the result of his bold entrepreneurial spirit and independent vision.
Recognised as one of only six Singaporeans under 50 on Forbes' 2025 billionaire list, Kishin exemplifies a powerful blend of legacy and self-driven success in the competitive world of real estate development.
Singapore's youngest billionaire Kishin RK began his real estate journey at 12
Kishin's foray into real estate was simply exceptional. At the age of 12, with the guidance of his father, he bought his first property. That initial exposure instilled a profound interest in the property market that redirected his career course.
By the age of 18, Kishin sold a flat presented to him by his parents and invested the capital to form RB Capital in 2006 a move that signified the start of his independent business legacy.
While he did have fleeting thoughts about other professions, such as finance and restaurants, real estate was always his center of attraction. In an interview with Tatler Asia, he described that while there were earlier dreams, the fascination of creating something permanent in the property sector was always greater.
Kishin RK's rise to real estate from family roots to independent success
Although Kishin comes from a family with strong roots in real estate, his father's Royal Holdings is a well-known name in Singaporean property, but he wanted to make his own mark. RB Capital was formed with an emphasis on creating real estate projects as opposed to just buying them. That difference in strategy helped Kishin forge a distinct identity in the business.
Under his guidance, RB Capital has built a portfolio of commercial and hospitality assets, including top landmarks such as InterContinental Singapore Robertson Quay and Holiday Inn Singapore Little India.
These developments are testaments to his passion for city rejuvenation and sustainable design, distinguishing him in a crowded industry. Kishin officially became part of the family business in 2003. But the game-changer was in 2011 when his uncle and father split their real estate assets.
After the division, Kishin and his father formed an unstoppable duo, managing a portfolio together worth almost US$10 billion.
Their combined experience and savvy investments have since made them one of Singapore's most powerful property duos.
Later in 2024, they went global with their dreams by setting up a family office in Abu Dhabi. The RB Family Office, which is founded in the Abu Dhabi Global Market, seeks to manage and grow their investments in the Middle East. The move aligns with the UAE's business-friendly culture and places the family on the path to expansion in the region.
Singapore's
youngest billionaire 2025
net worth
According to Forbes, Kishin RK is Singapore's youngest billionaire at just 42, has rapidly made his mark in the real estate world with a net worth estimated at
US $1.6 billion
. As the sole heir to renowned Indian-origin real estate magnate Raj Kumar Hiranandani, Kishin has not only inherited a legacy but has also carved out his own path through visionary leadership and strategic investments. Recognized among Forbes' 2025 list of billionaires under 50, he leads RB Capital Group, a prominent real estate development firm known for landmark projects across Singapore.
According to Forbes report, the youngest Singaporean billionaire Krishin RK and his father Raj Kumar and holds the estimated net worth of $3.15B .
Kishin RK: Leading with humility and purpose beyond wealth
In spite of being a billionaire, Kishin is humble. His friends and business partners remark on his respectful manner showing the same kindness and humility towards everyone ranging from top management to hospitality personnel. His charitable side also came into sharp relief amid the COVID-19 pandemic. He co-founded cloud kitchen startup Tiffin Labs and initiated the "Food is Love" program to deliver meals to the needy in Singapore.
Also Read |
Meet the Syrian-American artist who moved to Mumbai at 19 with no clear plan and built a global fashion brand, revealed in a viral post
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
21 minutes ago
- Time of India
Who is Sam Reinhart's wife Jessica Reinhart and how did she capture the Florida Panthers' star player's heart?
Sam and Jessica Reinhart (Image via Instagram) When Sam Reinhart was traded from the Buffalo Sabres to the Florida Panthers in 2021, it wasn't just a professional turning point—it became the beginning of a deeply personal journey. The NHL forward's move to South Florida marked not only a new chapter on the ice but also a surprising twist in his off-ice life: meeting the woman who would become his wife, Jessica Reinhart (née Jewell). A fresh start in Florida led to more than just NHL success for Sam Reinhart Sam Reinhart and Jessica Reinhart's story began in 2020, amid the global uncertainty brought on by the COVID-19 pandemic. Jessica, a dedicated healthcare professional, was working on the frontlines during a critical time. She and Reinhart met as he was preparing for his big move to Florida. 'It wasn't just the pursuit of the Stanley Cup that shaped his journey with the Panthers, but something even more personal began much earlier,' a source close to the couple shared. Jessica Reinhart's inspiring career in healthcare and wellness Jessica has cultivated an impressive resume in both clinical care and holistic health. With a background in Human Ecology from Western University, she developed a strong foundation in wellness science. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This Device Made My Power Bill Drop Overnight elecTrick - Save upto 80% on Power Bill Pre-Order Undo Early in her career, she served as a medical assistant at North Toronto Eye Care, gaining hands-on experience in patient care. Later, she expanded her skill set as a business development executive and medical administrative assistant. Currently, she works as a certified nutritionist and health coach, helping clients lead healthier, more balanced lives. 'Her commitment to helping others live healthier, more balanced lives has always been at the core of her professional journey,' one article noted. She has become a respected figure in wellness circles while maintaining a low public profile. In a world where many athletes share every detail of their lives online, Sam and Jessica have taken a quieter approach. There's no public Instagram account linked to Jessica, and little is known about her family background. This intentional privacy only adds depth to their bond, which culminated in an intimate wedding on December 24, 2021. Also Read: Sam Bennett's future in Florida uncertain: Panthers playoff star may walk after Stanley Cup run As Reinhart continues his NHL career with the Panthers, fans are now seeing the results of both personal and professional fulfillment. And behind that success is a partner who's been pivotal every step of the way.
Mint
23 minutes ago
- Mint
The US and China Are Talking Again. Don't Call It a Reset
Trade negotiations between the US and China in London mark a cautious step toward easing tensions, but not a new beginning. It's a short-term strategy to avoid further deterioration — a fragile truce that could be reversed at any moment. At the core is a deeper issue: National security. Both sides now view trade through that lens, and handshakes won't fix it. Washington must recognize that Beijing seeks respect and won't accept a one-sided, long-term deal. China, for its part, needs to understand that it won't be business as usual — and that the US will expect more concessions and market access to the world's second-largest economy. The alternative is continued hostility, which will make for a more chaotic global trade environment, and a more dangerous world. The London climbdown is positive, but precarious. Rapprochement has turned into recrimination before. After the initial euphoria of a trade-war ceasefire agreed in Geneva in May, both sides accused the other of reneging on a deal to temporarily lower tariffs that had climbed well above 100%. Now negotiators say they've reached an agreement in principle on a framework to deescalate trade tensions, based on the consensus forged in Geneva. Delegations from both sides will take the proposal back to their respective leaders, following nearly 20 hours of talks over two days. 'Once the presidents approve it, we will then seek to implement it,' US Commerce Secretary Howard Lutnick said. The full details of the accord weren't immediately available, but US officials said they 'absolutely expect' that issues around shipments of rare earth minerals and magnets will be resolved. There are no winners or losers coming out of this, notes Steve Okun, founder and chief executive officer of AC Advisors. The fundamental questions are much larger than any round of talks. 'The Trump administration needs to decide whether it views Beijing as a strategic competitor, or an existential threat,' he told me. 'Washington can take the economic hit from a trade war, but politically, Xi Jinping can suffer the hit for longer than Trump can. So one side has economic leverage, and the other political leverage — that's a standstill, for now.' The Chinese president is biding his time, despite a sluggish economy. In the most recent sign of how the trade war is hurting, exports rose less than expected last month. The worst drop in US-bound shipments since February 2020 — the outbreak of the pandemic — counteracted strong demand from elsewhere. Still, sales to other markets are providing much-needed support for an economy stuck in deflation and struggling with weak domestic demand. Beijing is sticking to its narrative that this trade war is Washington's problem, and that China is being unfairly targeted. A recent Xinhua commentary warned that America's security-focused view of economic issues risks undermining global cooperation. There is a pathway to peaceful coexistence, but compromises are required, notes Ryan Hass of the Brookings Institution. To break through with Xi, Trump will need to acknowledge that both countries are major powers. Neither can dictate terms to the other. Both would be hurt by high tariffs on each other's goods — but on their own, they're not enough to force capitulation. The US public has no appetite for a broader conflict with Beijing. Disapproval of China's behavior may be high, but the top priority is still to avoid war. Americans are clear in their desire to manage competition without that escalating into open conflict. For that to happen, Washington must recognize that Beijing craves respect. The US would be wise to pay heed to the Chinese concept of mianzi or 'face' — Xi will only agree to a long-term deal that he can pitch at home and abroad as a win. Beijing has taken lessons from Trump's first trade war, and judged that agreement to be one-sided in favor of Washington. It won't make that mistake again. China doesn't always like reciprocating face, but officials would be wise to give some to Trump, too. His tariffs have been outlandish, but his supporters also demand that he show strength, not concession. Beijing should be able to understand what happens when politicians need to cater to public pressure. Neither side has the upper hand to make the other come away an obvious loser. At the most, the London talks might have achieved just enough to help shape the future on a less-hostile basis. That in itself is progress — but it would be a mistake to call this moment a reset. More From Bloomberg Opinion: This column reflects the personal views of the author and does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. Karishma Vaswani is a Bloomberg Opinion columnist covering Asia politics with a special focus on China. Previously, she was the BBC's lead Asia presenter and worked for the BBC across Asia and South Asia for two decades. This article was generated from an automated news agency feed without modifications to text.
Economic Times
25 minutes ago
- Economic Times
SP Group offers $3.4 billion NCDs to HNI investors amid market volatility
Mumbai: Wealth managers are offering Shapoorji Pallonji Group's latest $3.4 billion (₹28,500 crore) non-convertible debentures to high-net-worth individuals, but only to those willing to invest a minimum of ₹10 crore in the secondary market. ADVERTISEMENT A small portion of the debentures, originally placed with institutional investors at a yield of 19.75%, is being sold down to wealthy clients at yields of 18.0-18.5%, allowing distributors to pocket a spread of up to 175 basis points (1.75 percentage point). During group firm Goswami Infratech's ₹14,300 crore fundraising in 2023, the bonds saw secondary market volatility as smaller HNIs flipped their positions when market sentiment turned. At one point, the debentures originally issued at a yield of 18.75% were trading at as high as 22%, following a covenant breach and a fall in perception, even before any material credit deterioration. The latest NCD offering, being an unrated and unlisted tranche, comes with much less disclosure, information and compliance obligations compared to the previous, exchange-listed tranches."Last time, a lot of HNIs panicked and exited too quickly," said a wealth manager. "It spooked the market and distorted the credit story. This time, they have raised the bar to ₹10 crore, and they are filtering for patient capital."The group has also avoided a wide domestic HNI distribution this time. Wealth managers say the allocations to Indian individuals are a fraction of the ₹28,500 crore transaction. ADVERTISEMENT Experts have been concerned over affluent and mass-affluent segments getting into credit often without a full understanding of the risks. "Private credit is not for everyone," said Nachiket Naik, head of private credit Axis Asset Management. "Family offices come through funds that do deep diligence. But direct HNI participation, especially via digital platforms, is a different beast." Cases like BluSmart, an early-stage mobility platform that raised funds from HNIs via listed NCDs, have led to caution among investors. (You can now subscribe to our ETMarkets WhatsApp channel)
