Here is your Forbes Daily Briefing for Saturday, September 7th.

Today on Forbes, Singapore billionaire on Hot Streak from selling premium coffee tea.

Bacha Coffee at Singapore's iconic Marina Bay Sands is wedged between

Armani and Zara stores. Square tins of coffee beans adorn the cafe's

walls from floor to ceiling in eye-popping shades of

saffron, the most expensive of which is Paraiso Gold from Brazil that retails at Bacha

for 1,100 Singapore dollars, about 840 U.S.D. per 100 grams.

As customers sipped their 100% Arabica coffee, of which there are over 200 varieties, and nibble on Comte cheese croissants.

They can ponder, digging a little deeper into their pockets for, say, a gold-plated metal and

glass salt and coffee pot selling for 3,89 Singapore dollars.

Getting a table at Bacha usually involves waiting in line,

and those impatient for their caffeine fix can try their luck just around the corner at the

TWG Tea Store, styled as an English tea room and with wall-to-wall displays of yellow tea tins.

Here, TWG sells Imperial Gyokuro green tea from Japan when in stock for

1, 271 Singapore dollars per 50 grams. Ron Sim, whose privately held V3 Group owns and operates both chains, says, quote,

we are not just any coffee or tea shop. We're building premium brands.

Sim is no stranger to creating much sought after high-end products.

Bacha is a more recent addition to his brand portfolio, best known for its plush and pricey him as billionaire status a decade ago.

While that legacy business has flagged since those heydays,

the addition of caffeine to his portfolio has perked things up.

Today, Sim derives his estimated fortune of 1.6 billion dollars from diverse business interests, including health supplements, store fixtures, and real estate.

He oversees this portfolio from V3 Group's headquarters in an

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