Kishin RK

CEO, RB Capital

 

Singapore’s youngest billionaire Kishin RK has diversified from his family’s real estate empire to develop innovative businesses of his own
RK Kishin

Kishin RK is the founder and CEO of real estate acquisition and development company RB Capital Group, which has assets in the commercial, retail and hospitality sectors. Kishin is also the son of Royal Holdings co-founder Raj Kumar, a real estate mogul who founded his property empire in the 1970s and made its name in strata retail. Both father and son have an estimated combined fortune of SG$3.5 billion.

Founded in 2006, RB Capital has over US$5 billion in assets. Its projects include the HSBC Building in Kuala Lumpur, the 225-room InterContinental Singapore Robertson Quay, the Holiday Inn Express Hotel at Clarke Quay, the Farrer Square development in Little India, and the EFG Bank building at North Bridge Road.

The co-founder of a food tech company and digital restaurant group Tiffin Labs also established a foundation to give free meals to the needy during the Covid-19 crisis, in collaboration with Free Food For All. His ambition is to create a network of 1,000 cloud kitchens across Asia, Europe and the US. With an eye on the profitable home-delivery dining market, these centralised facilities can produce various cuisines for established restaurants or new entrants alike, without the costs typically associated with running a traditional restaurant such as rental and staff salaries.

“The way I look at it, I should capitalise on the base I was provided with. If I have a trampoline in front of me, I’m going to jump on it and go as far and high as possible.” 

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Kishin RK is also a board member of Singapore River One, a private sector-led partnership tasked with reviving Singapore’s waterfront.

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