Billionaire Profile
Raj Kumar
Global Rank
#2247

Image: Public domain | via Wikimedia Commons

Raj Kumar

CEO, Royal Holdings/RB Capital
SG
Real-Time Net Worth
$1.7B
As of December 2025
Age
71
Source
Real estate, hotels
Industry
real-estate
Citizenship
SG

Biography

Raj Kumar is a prominent Singaporean billionaire with a net worth of $1.7 billion as of 2024. His wealth primarily stems from real estate and hotel investments. He is a leading figure in the Singapore corporate world, with over six decades of experience in the property market. Raj Kumar, along with his son Kishin RK, has built a substantial property empire through Royal Holdings and RB Capital. His career has been marked by a strategic approach to investments and a focus on long-term growth.

Wealth Over Time

In-Depth Profile

Early Life

Details about Raj Kumar's early life are limited in the search results. However, it's known that he has been a significant presence in the real estate industry for over six decades.

Rise to Success

Raj Kumar's journey to success began with his venture into the real estate market. He established Royal Holdings, aiming to transform his dreams into reality. His business acumen and entrepreneurial skills have been key to building the Royal Brothers empire. After a family settlement in 2011, he and his son Kishin RK expanded their investments.

Key Business Strategies

Raj Kumar's business strategies emphasize steady rental income, strong brand partnerships, and patient expansion rather than short-term speculation. This conservative management style, with a focus on maintaining less than 20% leverage, has helped the family's wealth remain stable. The duo has a deal-making spree, with their prized holdings including the 442-room Holiday Inn Express at Clarke Quay, Holiday Inn Little India, and the hotel Intercontinental Singapore Robertson Quay. They bought the Porcelain Hotel in Singapore's Chinatown, which was refurbished and reopened in 2023 as the 134-room Hotel 1900. In January 2025, they set up their RB Family Office in Abu Dhabi to tap investment opportunities in the Middle East.

Philanthropy

Information regarding Raj Kumar's specific philanthropic initiatives is not available in the search results.

Career Milestones

1947

Founded Royal Brothers

Raj Kumar's father, Naraindas Hiranandani, migrated to Singapore and started a textile business that later evolved into the Royal Brothers, the foundation for the family's real estate empire.

2006

Founded RB Capital

Kishin RK founded RB Capital Group, taking the family’s conservative foundation and reimagining it for the modern age, focusing on mixed-use developments and hospitality.

2011

Family Settlement

After a family settlement with his younger brother, Asok Kumar Hiranandani, Raj Kumar and his son Kishin RK began a deal-making spree and expanded their property portfolio.

2025

RB Family Office Established in Abu Dhabi

Raj Kumar and Kishin RK set up a family office in Abu Dhabi to manage their wealth and explore investment opportunities in the Middle East.