• Source:JND

Kishin RK, the 42-year-old founder and CEO of RB Capital Group, holds the title of Singapore’s youngest billionaire, with an estimated net worth of USD 1.6 billion. Born into immense privilege as the only heir of Indian-origin real estate magnate Raj Kumar Hiranandani, Kishin has made a name for himself not just by inheritance but through his own strategic decisions and business acumen.

Kishin’s journey into real estate began early. At the age of 12, under the guidance of his father, he purchased his first apartment, an experience that sparked a lifelong interest in the property sector. By 18, he had sold a property gifted by his parents and used the proceeds to launch RB Capital Group in 2006. Though Kishin could have comfortably stepped into his father’s well-established empire, Royal Holdings, he chose instead to build his own path. While Raj Kumar focused on acquiring properties, Kishin carved a niche in real estate development through RB Capital.

His firm has been behind high-profile projects such as the InterContinental Singapore Robertson Quay and Holiday Inn Singapore Little India, reshaping the hospitality and commercial landscape in the region.

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Kishin RK's Net Worth

Kishin RK, the Indian-origin entrepreneur and CEO of RB Capital, is one of Singapore’s most prominent real estate developers with an estimated net worth of USD 1.6 billion. He co-owns and operates a growing property empire with his father, Raj Kumar, under the Royal Holdings and RB Capital banners.

Kishin’s aggressive expansion followed a 2011 family business settlement that saw his father part ways with his billionaire uncle, Asok Kumar Hiranandani. Since then, Kishin has been on a dealmaking spree, cementing his status as a major force in Singapore’s real estate scene. His high-profile holdings include the 442-room Holiday Inn Express at Clarke Quay, the InterContinental Singapore Robertson Quay, and Holiday Inn Singapore Little India. 

Dreams Beyond Real Estate

In an interview with Tatler Asia, Kishin reflected on his early career ambitions, revealing that he was once interested in finance and even considered becoming a restaurateur. “It seemed glamorous and fun from the outside,” he admitted, citing his love for food and the rise of lifestyle enclaves in Singapore as a source of inspiration. Despite those temptations, his passion for real estate ultimately prevailed.

 

Kishin formally joined the family business in 2003, and following the division of assets between his father and uncle in 2011, the father-son duo emerged as one of Singapore’s most influential forces in property. Together, they now manage assets worth nearly USD 10 billion.

His rise to prominence hasn't gone unnoticed. Kishin is one of just six Singaporeans under 50 to appear on Forbes’ 2025 Billionaire List, joining the likes of tech giants from Sea Limited, Razer, and Espressif Systems.