Nippon Paint deal propels Singapore tycoon Goh Cheng Liang’s wealth to US$24 billion

• Goh’s Wuthelam Holdings took a majority stake in Japan’s biggest paint maker in a US$12 billion deal that was completed last month
• The 93-year-old billionaire’s partnership with Nippon Paint began in the 1950s, when he became the main local distributor for the Japanese firm