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Goh Cheng Liang Dies at 98 After Building Wuthelam Into Nippon Paint’s Majority Owner

His family confirmed his passing, highlighting decades-long philanthropic work through the Goh Foundation.

Overview

  • Goh Cheng Liang died on August 12 at age 98 with family members by his side, according to a media release.
  • He founded Wuthelam Holdings in 1974 and expanded it into a conglomerate that holds about 60 percent of Nippon Paint Holdings.
  • Forbes estimated his net worth at roughly US$13 billion, making him Singapore’s richest individual in 2025.
  • Through the Goh Foundation, established in 1995, he funded cancer research and helped establish the National Cancer Centre and the Goh Cheng Liang Proton Therapy Centre.
  • His eldest son, Nippon Paint chairman Goh Hup Jin, described him as “a beacon of kindness and strength” and will oversee the family’s business interests.