Ron Sim’s profile picture

Ron Sim

Ron Sim’s profile picture
Net worth 2018: $1.21 Billion
Residence: Singapore, Singapore
Country: Singapore
Children: 3
BIOGRAPHY

Ron Sim was born in Singapore, Singapore, Singapore. Ron Sim is #1822 in List Billionaires People In The World. Ron Sim is the founder of OSIM International, maker of high-end massage chairs He took the company private last year when its shares had dropped steeply from their 2014 high He has created V3 Group, which houses OSIM and TWG Tea, among much else, and plans to list in Hong Kong Sim also owns a sizeable property portfolio that includes a stake in listed Perennial Real Estate Holdings

NET WORTH STATISTIC
2014

$1.2 Billion

2015

$1.2 Billion

2017

$1.1 Billion

2018

$1.21 Billion

The key for us is to continue designing new products that people need

Ron Sim
TIMELINE
Ron Sim Chye Hock (Chinese: 沈財福, born 1958) is a Singaporean business magnate and investor. He is the founder of Osim International. In 2013, he ranked twenty-first on Forbes' 2013 list of the fifty richest Singaporeans, with an estimated net worth of a one billion four hundred us dollarsRon Sim Chye Hock was born in 1958 in Singapore. As a child, he sold noodles for a living.Sim established the electrical and household appliance company Osim International in 1979. After close to a decade, Osim branched out its operations into Hong Kong, and subsequently the Republic of China. Apart from Osim, Sim also owns the China-based Richlife, GNC in Southeast Asia, and the United States-based Brookstone. In 2012, he was listed as thirty-third on Forbes' "Singapore's 50 Richest" list. The following year, he rose to twenty-first. His estimated net worth increased to a billion dollars, mostly due to Osim's shares rapidly soaring.Sim is an advisory board member of the Lee Kong Chian School of Business in Singapore. Among others, he has also been a Committee member of the Nanyang Technological University Enterprise Committee, a board member of both International Enterprise Singapore and Sentosa Development Corporation, and a trustee board member of the Tan Tock Seng Hospital Community Charity Fund. In 2004, Sim was the recipient of the "Entrepreneur of The Year" award by Ernst & Young. The same year, The Business Times presented him its "Businessman of the Year" award.Sim is married with three children. He resides in Singapore.
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