Robert Kuok
Malaysian businessman
Robert Kuok
Robert Kuok Hock Nien, is an influential Malaysian Chinese businessman. According to Forbes his net worth is estimated to be around $14.7 billion on Feb 2012, making him the richest person in Malaysia and Southeast Asia. As of December 2012, According to the Bloomberg Billionaires Index, Kuok has an estimated net worth of 17.3 billion making him the 40th richest person in the world. Kuok is media-shy; most of his businesses are privately held by him or his family.
Biography
Robert Kuok's personal information overview.
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News
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Is Billionaire Robert Kuok Shifting Away From China?
Wall Street Journal - about 1 year
​Robert Kuok's move to sell ​Hong Kong's leading English-language newspaper, the South China Morning Post, to Chinese Internet giant Alibaba may be the start of a new trend of tycoons selling their assets in China.
Article Link:
Wall Street Journal article
Sold! Billionaire Buys Hong Kong's Top English-Language Newspaper
Huffington Post - about 1 year
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Huffington Post article
Sold! Billionaire Buys Hong Kong's Top English-Language Newspaper
Huffington Post - about 1 year
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Article Link:
Huffington Post article
POSH Semco seeks S$300-S$500 mln IPO in Singapore - sources
Reuters Canada - over 3 years
SINGAPORE, July 29 (Reuters) - Offshore marine services provider POSH Semco, controlled by Malaysia's richest man Robert Kuok, is seeking to list shares in Singapore in a deal worth S$300 million to S$500 million ($237 million to $395 million), sources said on Monday.
Article Link:
Reuters Canada article
Malaysian tycoon Kuok raises stake in Shangri-La Hotels unit
Reuters.com - almost 4 years
KUALA LUMPUR, March 26 (Reuters) - Robert Kuok, Malaysia's richest man according to Forbes, has increased his equity stake in locally listed Shangri-La Hotels (Malaysia) Bhd, according to stock...
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Reuters.com article
Orang kaya like kaya - Malaysia Star
Google News - over 5 years
WHEN my friend Julie Ang, who helps out at the Kong Thai Lai Coffee Shop in Hutton Lane, told me about Robert Kuok's recent visit there, I had to go and see for myself what was so special about the place. After all, billionaire hoteliers don't pop in
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Google News article
Cuộc sống bí ẩn của tỉ phú giàu nhất Đông Nam Á - Zing News
Google News - over 5 years
Robert Kuok nổi danh với vai trò là chủ sở hữu cả tập đoàn khách sạn Shangri-La lừng danh mà người con trai cả của ông, Eward Kuok, đang làm Chủ tịch Hội đồng quản trị. Sân golf 9 lỗ của tỉ phú Kuok tại Hong Kong. Năm 2002, ông Kuok nghỉ hưu
Article Link:
Google News article
PPB in final lap of flour business buy - The Edge Malaysia
Google News - over 5 years
SINGAPORE: Billionaire Robert Kuok's PPB Group Bhd will soon complete the purchase of a 20% stake in Wilmar International Ltd's China flour-milling business. PBB sold 20% of its flour milling arm FFM Bhd to the Singapore-listed global agribusiness
Article Link:
Google News article
Siêu du thuyền mạ vàng là giả - Dân Trí
Google News - over 5 years
Một trong số đó, ông Robert Kuok, người được cho là mua du thuyền mạ vàng này có tổng giá trị tài sản là 12,5 tỷ USD. Được biết, ông này đã từng phá bỏ một dinh thự tại Hồng Kông để tránh tiếng xấu “khoe của”. Vì vậy, chẳng có lý do gì ông lại bỏ ra 4
Article Link:
Google News article
O iate de Midas - IstoÉ Dinheiro
Google News - over 5 years
Mas, no do preço, foi miseravelmente desbancado por Robert Kuok, o homem mais rico da Malásia. Segundo alguns veículos da mídia internacional, o octagenário malaio, que, entre outros empreendimentos, controla a maior empresa de agronegócios da Ásia
Article Link:
Google News article
Yate hecho con oro, huesos de tiranosaurio y rocas de meteorito - Agencia Pública de Noticias del Ecuador
Google News - over 5 years
Robert Kuok, el hombre más rico de Malasia, es el dueño del yate y aseguró que también deseaba tener un avión de oro, proyecto que fue descartado por la imposibilidad de que el aparato despegara. La embarcación, de nombre History Supreme,
Article Link:
Google News article
The world's most expensive yacht - and the Malaysian who spent €3.4bn on it - thejournal.ie
Google News - over 5 years
If the $3.4 billion figure is accurate – and a representative from Stuart Hughes, the yacht's maker, says it is – the most likely buyer is Robert Kuok, the richest man in Malaysia, with a net worth of $12.5 billion. Kuok is the founder of the Shangri
Article Link:
Google News article
Timeline
Learn about memorable moments in the evolution of Robert Kuok
    LATE_ADULTHOOD
  • 2016
    Age 92
    According to Forbes, his net worth is estimated at $11.3 billion on March 2016, making him the richest person in Malaysia and second richest in Southeast Asia after Dhanin Chearavanont of Thailand, according to Forbes List of World Billionaires 2013 which Robert Kuok was placed 76th.
    More Details Hide Details As of December 2012, according to the Bloomberg Billionaires Index, Kuok has an estimated net worth of $17.3 billion, making him the 40th richest person in the world. Robert Kuok is media-shy; most of his businesses are privately held by him or his family. Apart from a multitude of businesses in Malaysia, his companies have investments in many countries throughout Asia. His business interests range from sugarcane plantations (Perlis Plantations Bhd), sugar refineries, flour milling, animal feed, oil, mining, finance, hotels, properties, trading, freight and publishing. Biggest source of wealth is stake in Wilmar International, the world's largest listed palm oil company. He was a student from Raffles Institution and English College Johore Bahru as a secondary school.
  • 2014
    Age 90
    In February 2014, Kuok's Singapore-based oil services company PACC Offshore Services Holdings (POSH) started pre-IPO talks with investors to list on the Singapore Stock Exchange to raise $400 million.
    More Details Hide Details
  • 2009
    Age 85
    On 31 October 2009, PPB Group under the flagship of Robert Kuok issued a statement to the Bursa Malaysia that it had decided to dispose of its sugar units along with land used to cultivate sugar cane for RM 1.29 billion to FELDA.
    More Details Hide Details The sales resulted in a one-off gain for the company. The sugar unit and sugar cane plantation were the second largest business segment upon its grain and feed which were topping the sales.
  • 2003
    Age 79
    Philip married Eileen Kuok and had two sons and two daughters, he died on 16 December 2003 and was awarded with Netherlands award of the Grand Cross of the Order of Orange Nassau, and decorated with Dato' Sri Paduka Mahkota Johor (SPMJ), Dato' Paduka Mahkota Johor (DPMJ) and Panglima Setia Mahkota (PSM).
    More Details Hide Details Kuok has married twice and has eight children. Kuok officially retired from the Kerry Group on 1 April 1993. One of his sons, Kuok Khoon Ean, now handles most of the day-to-day operations of his businesses. He currently resides in Hong Kong. His nephew, Kuok Khoon Hong is the chairman of Wilmar International, and one of the richest people in Singapore.
  • 1993
    Age 69
    In 1993, his Kerry Group acquired a 34.9% stake in the South China Morning Post from Murdoch's News Corporation.
    More Details Hide Details His companies have investments in many countries, including Singapore, the Philippines, Thailand, Mainland China, Indonesia, Fiji and Australia. Businesses in China include 10 bottling companies for Coca Cola, and ownership of the Beijing World Trade Centre. Freight interests include Malaysian Bulk Carriers Berhad and Transmile Group. His political influence is attested by his having been selected as one of the Hong Kong Affairs Advisors in the run-up to the transfer of sovereignty of Hong Kong, and his minority stake in CITIC Pacific. He was also instrumental in conveying information and setting up the meetings between Malaysia and China governments leading to full diplomatic cross recognition of the two countries.
  • FIFTIES
  • 1977
    Age 53
    His first foray into Hong Kong property was in 1977, when he acquired a plot of land on the newly reclaimed Tsim Sha Tsui East waterfront, where he built the second hotel, the Kowloon Shangri-La.
    More Details Hide Details
  • FORTIES
  • 1971
    Age 47
    In 1971, he built the first Shangri-La Hotel, in Singapore.
    More Details Hide Details
  • THIRTIES
  • 1961
    Age 37
    In 1961, he made a coup by buying cheap sugar from India before the prices shot up.
    More Details Hide Details He continued to invest heavily in sugar refineries, controlled 80% of the Malaysian sugar market with production of 1.5 million tonnes, equivalent to 10% of world production, and so earned his nickname "Sugar King of Asia".
  • 1959
    Age 35
    In 1959, Kuok formed Malayan Sugar Manufacturing Co.
    More Details Hide Details Bhd. together with two prominent Japanese partners. He also brought many influential Malay elite into his company as directors and shareholders which include UMNO politician and Malay royalty.
  • 1955
    Age 31
    Robert Kuok's son, Kuok Khoon Ean born in 1955 married Kuok Cheng Sui and holds a bachelor's degree in Economics from the University of Nottingham, England.
    More Details Hide Details His other son, Kuok Khoon Ho is the chairman of Kuok Brothers, born in 1951 and holds a bachelor's degree from McGill University, Canada. Robert Kuok's brother, Philip Kuok Hock Khee, a Malaysian Ambassador to Germany, Yugoslavia, Netherlands, Belgium, Luxembourg and Denmark was born on 18 May 1921 and attended with Robert Kuok to English College Johore Bahru before going to the College of Agriculture, Serdang and later to the University of Malaya with a degree in Economics.
  • TWENTIES
  • 1952
    Age 28
    Another brother, William, was a member of the Malaysian Communist Party and was killed during the 'Malaysian Emergency' in 1952.
    More Details Hide Details
  • 1948
    Age 24
    Kuok senior died in 1948, and Kuok and his two brothers and a cousin Kuok Hock Chin founded Kuok Brothers Sdn Bhd in 1949, trading agricultural commodities.
    More Details Hide Details Kuok relationship with the Japanese continued after Malaya gained independence.
  • TEENAGE
  • 1942
    Age 18
    He claims he began in business as an office boy, and later started a business with relatives' support. Upon graduation, he worked as a clerk in the rice-trading department of Japanese industrial conglomerate Mitsubishi Shoji Kaisha between 1942 and 1945, in Singapore, a conglomerate which with the help of Japanese military unit monopolized the rice trade in Malaya during the occupation period.
    More Details Hide Details He was soon promoted to head the rice-trading department. After the war, he took the skills he learned from the Japanese back to the family's business in Johor.
  • CHILDHOOD
  • 1923
    Born
    Kuok is in the sugar business. Kuok's father arrived in Malaya from Fujian, China, at the beginning of the 20th century, and Robert was the youngest of three brothers, born on 6 October 1923, in Johor Bahru.
    More Details Hide Details He grew up speaking his parents' Chinese Fuzhou dialect, English and Japanese during Japan's wartime occupation of Malaya.
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