Kishin rk biography of christopher
Kishin RK Is Singapore's Youngest Billionaire - Tatler Asia
His Own Man: Kishin RK
In , when he was all of 29 years old, Kishin RK faced two choices. Go through with a pivotal acquisition and risk being labelled by industry watchers and peers as a brash player, fuelled by the arrogance of youth and immense wealth.
Or, walk away from the sale, in which case he would lose what could be the deal of a lifetime, certainly an addition that would propel his then six-year-old outfit into one of the largest hotel owners in Singapore in quick time – with a sizeable presence in the West to boot.
In the end, the chief executive of RB Capital, after securing a spot among the top three bidders – and significant press coverage – withdrew his US$1 billion (S$ billion) offer for 42 Marriott hotels in the UK (totalling over 8, rooms), losing out to sovereign wealth fund Abu Dhabi Investment Authority.
Nonetheless, he calls it his “most successful failure”.
Explaining the move, Kishin says: “I had to be rational yet competitive with my bid; pull the plug w Meet Kishin RK, youngest billionaire in Singapore, check his ... TOJIB