Singapore Tycoons Launch Family Office in Abu Dhabi

Raj Kumar and Kishin RK, prominent Singaporean real estate moguls, are establishing the RB Family Office in Abu Dhabi to capitalize on investment opportunities in the Middle East. The family office will focus on managing their wealth within the real estate sector, particularly in retail, commercial, and hospitality investments. Kishin emphasized the strategic location and favorable legal framework of Abu Dhabi as key factors for their decision. With a combined net worth of approximately $3.2 billion, they aim to expand their investment footprint while maintaining strong ties to Singapore. The move aligns with a growing trend of wealthy individuals setting up offices in Abu Dhabi, which is becoming a hub for global billionaires due to its business-friendly environment. This step marks a significant milestone for the Kumar family as they seek to enhance their investment strategies in the region.