Singapore Paints Billionaire Goh Cheng Liang Dies At 98
SINGAPORE, AUG 12 – Founder of Wuthelam Group and majority stakeholder in Nippon Paint Holdings, Goh had a net worth of US$13 billion and funded cancer research and education programs.
- Early Tuesday morning, Mr Goh Cheng Liang, founder of Wuthelam Group, died peacefully, survived by three children, eight grandchildren, and one great-grandchild.
- Growing up in a modest shophouse, Goh launched the Pigeon Brand paint business, and his 1962 partnership with Nippon Paint Holdings laid the foundation for Wuthelam’s global presence.
- Wuthelam Group, which Goh founded, controls a majority stake in Nippon Paint Holdings, and NIPSEA Group said his vision built the firm into Asia’s largest and the world’s fourth-largest paint maker with 148 companies across 28 locations.
- In a media release, the family noted they were by his side when he passed, and he leaves a large family.
- Goh established the Goh Foundation in 1995 to support healthcare and medical research, funding the National Cancer Centre and the Goh Cheng Liang Proton Therapy Centre.
15 Articles
15 Articles
Singapore Paints Billionaire Goh Cheng Liang Dies At 98
The patriarch’s entrepreneurial journey, which led him to amass a substantial fortune, was a remarkable one. At the time of his death his real-time net worth was just over $13 billion, the bulk of which was derived from a controlling stake in Japan’s Nippon Paints, according to Forbes’ estimates.


Goh Cheng Liang, Nippon Paint billionaire and richest Singaporean, dies aged 98
Mr Goh Cheng Liang, the richest Singaporean according to Forbes’ annual list of global billionaires in 2025, died at the age of 98 on Aug 12. The founder of paint and coatings company Wuthelam Group “passed away this morning with family members by his side”, according to a media release. Mr Goh held a majority stake in Japan’s Nippon Paint Holdings and had an estimated net worth of US$13 billion (S$16.7 billion), according to Forbes. Read more a…
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