- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $1.4 Billion
What is Koh Wee Meng's Net Worth?
Koh Wee Meng is a Singaporean property tycoon who has a net worth of $1.4 billion. Koh Wee Meng broke off family's jewelry retailer Aspial in the 1990's to make his fortune in real estate. He is the Founder, Executive Chairman and CEO of Singapore-listed Fragrance Group, a company that mostly buys and sells affordable residential properties and operates a budget hotel.
It was in April 2012, when Koh spun off Fragrance's hotel arm into Global Premium Hotels, listing the budget hotel chain, while he is now expanding it into commercial real estate. In addition to his property business, Koh is an avid vintage car collector. As such, he made headlines back in 2008 for suing a Rolls-Royce dealer in Singapore for allegedly selling him a defective Phantom car.
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