27 Aug '13, 11pm
Singapore's newest billionaire built a $2.1B fortune from nothing
Goh’s career has been the gritty journey of an entrepreneur. He never missed an opportunity to create, build and sell businesses to unlock their value. Over the years, he invested some of his profits from the paint business into property by building shopping malls, hotels, serviced residences, as well as a retail distribution business with Japanese partners, a contract manufacturing electronics business, specialty packaging, logistics, a food manufacturing operation in America and even a mining company in China! When his U.S.-educated son, Hup Jin, set about professionalizing some of the group companies and taking them public, Goh carved a parallel private empire with his longtime partners and employees under Yenom Industries. It owns serviced residences, gold courses, marinas, hotels and housing developments in Gulf Habour and elsewhere.