This Indian-Origin CEO Bought His First Home At 12. Now, He Is Singapore's Youngest Billionaire

At just 12 years old, under the guidance of his father, Kishin purchased his first property—an experience that sparked a lifelong fascination with real estate.

Kishin RK, the 42-year-old CEO of RB Capital Group, has been named Singapore’s youngest billionaire in 2025, with an estimated net worth of US$1.6 billion, according to Forbes.

(Singapore's youngest billionaire Kishin RK | File Image)

Although Kishin is the sole heir of Indian-origin real estate magnate Raj Kumar Hiranandani, his rise has been shaped as much by personal drive and independent choices as by family legacy.

One of only six Singaporeans under the age of 50 to feature on Forbes’ billionaire list this year, Kishin exemplifies a rare blend of generational legacy and self-driven innovation in the high-stakes world of real estate.

Real Estate Journey At 12

Kishin’s introduction to property development came early. At just 12 years old, under the guidance of his father, he purchased his first property—an experience that sparked a lifelong fascination with real estate.

By 18, he sold an apartment gifted by his parents and used the proceeds to establish RB Capital Group in 2006, charting a course for an independent business journey.

In a past interview with Tatler Asia, Kishin reflected on his career aspirations, saying that while he once considered finance and hospitality, it was real estate that “allowed him to build something lasting."

Building A Legacy

Despite hailing from a prominent real estate family—his father’s Royal Holdings is a major player in Singapore’s property scene—Kishin was determined to forge his own identity.

RB Capital, under his leadership, has focused not just on property acquisitions but on developing signature commercial and hospitality projects from the ground up.

His official involvement in the family business began in 2003, but a pivotal moment came in 2011 when his father and uncle divided their real estate holdings.

Ref: This Indian-Origin CEO Bought His First Home At 12. Now, He Is Singapore's Youngest Billionaire