BillionaireNet
Kumar
Raj Kumar
Rank #2313
SINGAPOREreal-estateReal estate, hotels

Raj Kumar

Net Worth
$1.612B
0% (24h)
Raj Kumar, a prominent figure in Singapore's real estate and hospitality sectors, is a billionaire with an estimated net worth of $1.7 billion. He is known for his entrepreneurial skills and business acumen, which have been instrumental in building the Royal Holdings/RB Capital property empire. His career spans over six decades, during which he has developed significant commercial properties, hotels, and retail spaces in the Asia Pacific region. Raj Kumar, along with his son Kishin RK, have expanded their portfolio and are now setting up a family office in Abu Dhabi to expand investments in the UAE and the Middle East.

The Full Dossier

Early Life and Career

Raj Kumar's journey in the real estate market started over six decades ago. He transformed his dreams into reality by establishing Royal Holdings, a testament to his vision and entrepreneurial spirit. His business acumen played a critical role in developing the Royal Brothers empire, a well-known name in Singapore's corporate circle.

Rise to Success

The father-son duo, Raj Kumar and Kishin RK, are among Singapore's leading landlords with their Royal Holdings and RB Capital property empire. Their strategic investments and deal-making have significantly contributed to their wealth, making them a prominent force in the real estate sector.

Key Business Strategies

Raj Kumar's key business strategies include a focus on strategic acquisitions and developments. His portfolio includes major shopping malls such as Tanglin Shopping Centre, Lucky Plaza, and Far East Plaza. Additionally, Raj Kumar and his son Kishin have also invested in the hospitality sector, with holdings such as Holiday Inn Express at Clarke Quay, and the InterContinental Singapore Robertson Quay Hotel.

Philanthropy

The search results do not contain specific information about Raj Kumar's philanthropic activities.

Career Timeline

2025

Setup of RB Family Office

Set up RB Family Office in Abu Dhabi to tap investment opportunities in the Middle East.

2023

Refurbishment and reopening of Porcelain Hotel

Refurbished and reopened the Porcelain Hotel in Singapore's Chinatown.

2011

Split of Royal Brothers Property Company

Split with brother, leading to Raj running Royal Holdings and focusing on expanding his real estate investments.

2003

Named "Man of the Year"

Recognized by an Indian Magazine for his contributions.

1947

Founded Royal Holdings

Established Royal Holdings, setting the foundation for his real estate empire.

Philanthropic Impact

PhilanthropyUnknown

RK Global office

Set up to manage the family's wealth and focus on philanthropy efforts.

Wealth Trajectory