Singapore Tycoon’s Fortune Makes Six Grandchildren Billionaires

An academic in New York and the founder of a Bali charity are among six billionaires that inherited stakes in the paint empire built by Singapore’s second-richest man.

The six are grandchildren of late Asian tycoon Goh Cheng Liang, who died in Singapore last month at age 98, and each has inherited stakes in a publicly-traded firm worth more than $1 billion per person.