Strategic Move to Abu Dhabi

Singapore's youngest billionaire, Kishin RK, has set up a family office in Abu Dhabi, citing the emirate's strategic location and internationally recognized legal framework as key factors. The RB Family Office, established in Abu Dhabi Global Market, marks an expansion for Kishin and his father, Raj, who are among Singapore's leading landlords through their property empire, Royal Holdings and RB Capital.

Kishin, who boasts a net worth of $1.6 billion, views the Abu Dhabi office as a way to establish their presence and expand investments in the UAE and the Middle East. However, he emphasizes that this move is an extension of their portfolio in Singapore, where they remain deeply rooted and committed to growth.

Investment Priorities

The family office, with an estimated wealth of over $3 billion, is focusing on recruiting personnel to prioritize real estate investments in retail, commerce, and hospitality sectors. Abu Dhabi's streamlined regulatory environment has made it a popular destination for global billionaires, including Ray Dalio, Leon Black, and the Adani family from India.