Latest news with #Kishin
India.com
3 days ago
- Business
- India.com
Meet Kishin RK, Indian CEO who bought his first home at age 12, started business at 18, now is Singapore's youngest billionaire, his net worth is Rs…, business is…
At just 42 years old, Kishin RK has become Singapore's youngest billionaire in 2025. He is the CEO of RB Capital Group, a major real estate company. Though he is the only son of well-known Indian-origin property tycoon Raj Kumar Hiranandani, Kishin's success is not just about family wealth. His story is about taking bold steps and building his own path in the real estate world. A very early start in real estate Kishin's journey in property began when he was just 12 years old. With his father's help, he bought his first property. By the time he turned 18, he sold an apartment his parents had gifted him and used the money to start RB Capital in 2006. That was the moment he began his own business journey. Today, RB Capital owns some of the most valuable hotels, offices, and shopping centres in top Asian cities. Real estate was always his true passion Kishin once thought about working in finance or the food business, but real estate always drew him back. In an interview with Tatler Asia, he said that while other jobs sounded interesting, the idea of building something long-lasting in real estate was far more exciting. Family legacy to building his own real estate empire Though Kishin RK was born into a successful real estate family, he always aimed to build his own identity in the industry. His father's company Royal Holdings being a well-known name in Singapore and instead of simply continuing what his family had already done, Kishin wanted to do something different. When he founded RB Capital, his focus was not just on buying properties but it was about creating new. This fresh approach helped him stand out and gave RB Capital a unique place in the real estate world. Under Kishin's guidance, RB Capital has developed several impressive commercial and hotel properties, including popular places like the InterContinental Singapore Robertson Quay and Holiday Inn Singapore Little India. Key turning point Kishin officially joined the family business in 2003, but a major shift happened in 2011, when his father and uncle split their real estate assets. After that, Kishin and his father teamed up and built a powerful partnership. Together, they now manage a portfolio worth nearly USD 10 billion, making them one of the strongest real estate duos in Singapore. In 2024, they took their ambitions beyond Singapore by launching a family office in Abu Dhabi, called the RB Family Office. This new base helped them grow their investments across the Middle East. Kishin RK's net worth According to Forbes 2025, Kishin RK has become Singapore's youngest billionaire, with an estimated individual net worth of USD 1.6 billion. He is the only son and heir of Raj Kumar Hiranandani, a respected Indian-origin real estate tycoon. Forbes also reports that together, Kishin and his father Raj Kumar now hold a combined net worth of around USD 3.15 billion, making them one of the most influential real estate families in the region.
News18
03-06-2025
- Business
- News18
This Indian-Origin CEO Bought His First Home At 12. Now, He Is Singapore's Youngest Billionaire
Last Updated: 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.
Time of India
03-06-2025
- Business
- Time of India
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
India.com
02-06-2025
- Business
- India.com
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.
News18
02-06-2025
- Business
- News18
Who Is Kishin RK? Indian-Origin CEO Who Is Singapore's Youngest Billionaire
Last Updated: Kishin RK, the Indian-origin CEO of RB Capital, became Singapore's youngest billionaire at 42 with a net worth of US$1.6 billion. Kishin RK, the 42-year-old CEO of RB Capital Group, has earned the title of Singapore's youngest billionaire with a net worth of US$1.6 billion. The sole heir to Indian-origin real estate tycoon Raj Kumar Hiranandani, Kishin is one of the six Singaporeans under 50 on Forbes' 2025 billionaire list. But he's not resting on inherited wealth; he used his privilege as a springboard to build an independent real estate empire. Kishin's journey began remarkably early; at 12, he bought his first apartment under his father's guidance. This experience piqued his interest in the property sector. By age 18, he had sold an apartment gifted by his parents to start RB Capital in 2006. The CEO told Tatler Asia that he never felt the need to do anything else since he knew he was interested in real estate. However, much before the realisation came about, Kishin was drawn to finance and even thought of becoming a restaurateur. He explained that it seemed glamorous and fun from the outside. According to a VN Express report, Kishin founded RB Capital to focus on real estate development, unlike his father, who acquired properties through Royal Holdings. He has developed retail spaces, office buildings, and hotels. Some of the flagship assets his firm developed include InterContinental Singapore Robertson Quay and Holiday Inn Singapore Little India. Reportedly, Kishin joined the family business back in 2003. When his father and uncle split their real estate business in 2011, he and his father became one of the most powerful property teams in Singapore, managing around $10 billion in properties. In late 2024, they shared plans for a family office in Abu Dhabi to handle their investments in the Middle East. Reportedly, they set up the RB Family Office in the Abu Dhabi Global Market to take advantage of the UAE's great location and investor-friendly framework. Despite being a billionaire now, his friends say he treats everyone, from waitstaff to CEOs, kindly. During the COVID-19 pandemic, he helped start Tiffin Labs and created Food is Love, which provided meals for those in need in Singapore. First Published:
