Kishin RK, the CEO of RB Capital Group, has been recognized as Singapore’s youngest billionaire at 42 years old, with an estimated net worth of US$1.6 billion. He is one of six Singaporeans under the age of 50 to make it onto Forbes’ 2025 billionaire list. Although he is the sole son of Indian-origin property tycoon Raj Kumar Hiranandani, Kishin has forged his own path in property.
It was an early fascination with property when he was just 12, he bought his first apartment, under his father’s guidance. This went on to shape his life, and by the time he was 18, he had sold a flat presented by his parents to finance his first business venture, RB Capital, which he started in 2006.
Kishin spoke to Tatler Asia that he never felt the need to venture into other fields, saying, “I knew I was interested in real estate.” He once, however, thought of finance and even the restaurant industry, which he believed looked “glamorous and fun from the outside.”
Unlike his father, who concentrated on buying properties via Royal Holdings, Kishin formed RB Capital to specialize in real estate development. His firm has been behind such high-profile projects as InterContinental Singapore Robertson Quay and Holiday Inn Singapore Little India.
Kishin formally became a member of the family business in 2003. During his father and uncle’s division of their property empire in 2011, he and his father became one of Singapore’s top real estate pairs, managing a record $10 billion worth of assets, according to reports.
In 2024, the Abu Dhabi office plans were announced by the father-and-son duo. They established the RB Family Office in Abu Dhabi Global Market, leveraging the UAE’s strategic position and investor-friendly regulatory environment.
With all his massive success, Kishin is described as down-to-earth. His friends describe him as being polite to everybody, ‘from waiters to CEOs’. In the times of the COVID-19 pandemic, he co-founded Tiffin Labs and initiated ‘Food is Love’, a project that served meals to needy people all over Singapore.
