Goh Cheng Liang gets the bulk of his wealth from a majority stake in Japan's Nippon Paint Holdings, the world's fourth-largest paint manufacturer. Goh started making paints in a small factory in Singapore before he went on to partner with Japan's Nippon Paint in 1962. In 2021, his son, Hup Jin, who chairs Nippon Paint, completed a $12 billion stock and cash deal that gave him a majority stake in Nippon. In March 2021, the company celebrated its 140th anniversary. Nippon Paint has partnered with the University of Tokyo for research on new products that offer protection against Covid-19.