Get to know Robert Kuok: Biography, Age, Career, Net Worth, Height, Relationship & More

Robert Kuok is a Malaysian business tycoon, investor and philanthropist who since 1973, has lived in Hong Kong.

Malaysian business tycoon Robert Kuok, known today for his remarkable business judgments, celebrated his 100th birthday. According to Forbes, his net worth is estimated at $11.8 billion as of April 2023, making him the richest Malaysian citizen and the 96th richest person in the world.

Robert Kuok’s Biography

Robert Kuok Hock Nien born on 6 October 1923, is a Malaysian business tycoon, investor and philanthropist who since 1973, has lived in Hong Kong.

According to Forbes, his net worth is estimated at US$11.8 billion as of April 2023, making him the richest Malaysian citizen and the 96th richest person in the world. world. As of April 2023, according to the Bloomberg Billionaires Index 2023, Robert Kuok has an estimated net worth of $17.7 billion, making him the 97th richest person in the world.

Robert Kuok is media shy and keeps a low profile with the public, most of his businesses are owned by him or his family. In addition to owning countless businesses in Malaysia, his companies also invest in many mainland Asian countries.

Its business interests (collectively known as the Kuok Group of Companies) range from sugarcane plantations (Perlis Plantations Bhd), sugar refineries, flour milling, animal feed, oil and gas, mining, finance, hotels (Shangri-La Hotels and Resorts), real estate (Kerry Properties), trading, freight (Kerry Logistics) and publishing.

His largest source of wealth is shares in Wilmar International, the world’s largest publicly traded palm oil company. In 2018, Robert Kuok was appointed to the Council of Eminent People to advise former Prime Minister Mahathir Mohamad.

Robert Kuok was born in Johor Bahru to a Malaysian Chinese family. His father, Kuok Keng Kang, came to Malaysia from Fuzhou, China in the early 20th century, and Robert was the youngest of three brothers born to Kuok Keng Kang and Robert’s mother, Zheng Ge Ru. He grew up speaking his parents’ Fuzhou dialect, English and Japanese during the Japanese occupation of Malaysia. He studied at Raffles Institution, where he was classmates with Singapore’s founding Prime Minister Lee Kuan Yew, and Johore Bahru English College.

According to Robert Kuok himself, he started his business career as an office worker and then started the business from scratch with financial support from relatives. After graduating, he became a collaborator and worked as a secretary in the rice business department of the Japanese industrial corporation Mitsubishi Shoji Kaisha during the Japanese occupation from 1942 to 1945 in Singapore, a corporation received help from the Japanese army. He was soon promoted to head of the rice business department. After the war, he used the skills he learned from the occupation forces in the family business in Johor.

After the death of his father in 1948, Robert Kuok, his two brothers and a cousin, Kuok Hock Chin, founded Kuok Brothers Sdn Bhd in 1949, trading in agricultural products. His’s relationship with the Japanese continued after Malaysian independence. In 1959, Robert Kuok founded Malayan Sugar Manufacturing Company Bhd. with two leading Japanese partners. He also brought many influential Malay elites into his company as directors and shareholders, including politicians and royalty.

In 1961, he bought cheap sugar from India before prices skyrocketed and at one point continued to invest heavily in sugar refineries and once controlled 80% of the Malaysian sugar market with an output of 1.5 million tons, equivalent to 10% of global output, and was dubbed the “Sugar King of Asia”.

In 1971, he built the first Shangri-La hotel in Singapore; with land purchased through Petaling Garden Berhad, a developer based in Malaysia. His first foray into Hong Kong real estate came in 1977, when he bought land on the newly reclaimed Tsim Sha Tsui East waterfront, where he built his second hotel, the Kowloon Shangri- La. In 1993, his Kerry Group acquired 34.9% of the shares of the South China Morning Post from Murdoch’s News Corporation. Robert Kuok officially withdrew from the Kerry Group on 1 April 1993.

His companies have investments in many countries, including Singapore, Philippines, Thailand, mainland China, Indonesia, Fiji and Australia. Businesses in China include 10 Coca-Cola bottlers and ownership of the Beijing World Trade Center. His corporate freight interests include Malaysian bulk carriers Berhad and Transmile Group.

In 2007, Robert Kuok merged its crop, edible oil and grain businesses with Wilmar International, making it the world’s largest palm oil processor. On 31 October 2009, PPB Group, under the leadership of Robert Kuok, told Bursa Malaysia that it had decided to divest its sugar manufacturing units as well as sugarcane land for RM1.29 billion in FELDA. The sales generated a one-time profit for the company.

In February 2014, Robert Kuok’s Singapore-based oil services company PACC Offshore Services Holdings (POSH) entered into pre-IPO negotiations with investors to list on the Singapore Exchange to raise capital of 400 million dollars.

In Politics, his political influence is evidenced by his selection as one of the advisors on Hong Kong affairs during the run-up to the transfer of sovereignty over Hong Kong and by his minority stake in CITIC Pacific . He was also instrumental in conveying information and arranging meetings between the Malaysian and Chinese governments, leading to full diplomatic recognition between the two countries.

On 12 May 2018, following that year’s Malaysian general election, Robert Kuok was appointed to the five-member Council of Eminent People along with Tun Daim Zainuddin, Tan Sri Datuk Seri Zeti Akhtar Aziz, Tan Sri Hassan Marican and Jomo Kwame Sundaram to advise the new Pakatan Harapan federal government.

Robert Kuok’s older brother, Philip Kuok Hock Khee was a former Malaysian ambassador to Germany, Yugoslavia, the Netherlands, Belgium, Luxembourg and Denmark. Philip married Eileen Kuok and had two sons and two daughters. Philip Kuok died in 2003. Another brother, William Kuok Hock Ling, was a member of the Malayan Communist Party and was killed during the Malayan Emergency in 1952. According to his memoirs, Robert Kuok described that among all the brothers, his mother Zheng Ge Ru loved and loved William the most, and was heartbroken when she learned of William’s death.

His nephew, Kuok Khoon Hong, is chairman of Wilmar International and one of Singapore’s richest men. Kuok Khoon Hong’s father, Kuok Hock Swee, was Robert Kuok’s cousin. His nephew, Kuok Meng Ru, works in music retail and owns the music company Swee Lee. Kuok is a follower of Buddhism. He lives in the Deep Water Bay area of ​​Hong Kong Island. On October 6, 2023, Robert Kuok turned 100 years old.

Robert Kuok has been married twice. His first wife was Joyce Cheah and his second wife was Pauline Ho Poh Lin. He had eight children from these marriages. His son Kuok Khoon Ean, born in 1955, married Kuok Cheng Sui and has a bachelor’s degree in economics from the University of Nottingham, England.

His remaining son, Kuok Khoon Ho, is the president of Kuok Brothers, born in 1951 and has a bachelor’s degree from McGill University, Canada. Kuok Hui Kwong, his daughter, is the managing director and chief executive officer of SCMP Group and chairwoman of Shangri-La Asia. One of his sons, Kuok Khoon Ean, manages most of his day-to-day business operations. He is currently residing in Kuala Lumpur.

Robert Kuok’s Nationality

Robert Kuok is a Malaysian born in Johor Bahru, Malaysia

Robert Kuok’s Net Worth

According to Forbes, Robert Kuok’s net worth is estimated at US$11.8 billion as of April 2023, making him the richest Malaysian citizen and the 96th richest person in the world. world. As of April 2023, according to the Bloomberg Billionaires Index 2023, Robert Kuok has an estimated net worth of $17.7 billion, making him the 97th richest person in the world.

Where is Robert Kuok from?

Robert Kuok is a Malaysian from Johor Bahru, capital of the Malaysian state of Johor, sits at the southern tip of the Malay Peninsula. With a causeway across the Straits of Johor connecting it to Singapore, it’s a gateway for exploration of that island nation.

How old is Robert Kuok?

Born on October 6, 1923, the Malaysian business magnate, investor, and philanthropist Robert Kuok is 100 years.

Robert Kuok’s Height & Weight

Robert Kuok stands 5 feet and 5 inches tall and weighs 53kgs

Robert Kuok’s Career

According to Robert Kuok himself, he started his business career as an office worker and then started the business from scratch with financial support from relatives. After graduating, he became a collaborator and worked as a secretary in the rice business department of the Japanese industrial corporation Mitsubishi Shoji Kaisha during the Japanese occupation from 1942 to 1945 in Singapore, a corporation received help from the Japanese army. He was soon promoted to head of the rice business department. After the war, he used the skills he learned from the occupation forces in the family business in Johor.

After the death of his father in 1948, Robert Kuok, his two brothers and a cousin, Kuok Hock Chin, founded Kuok Brothers Sdn Bhd in 1949, trading in agricultural products. His’s relationship with the Japanese continued after Malaysian independence. In 1959, Robert Kuok founded Malayan Sugar Manufacturing Company Bhd. with two leading Japanese partners. He also brought many influential Malay elites into his company as directors and shareholders, including politicians and royalty.

In 1961, he bought cheap sugar from India before prices skyrocketed and at one point continued to invest heavily in sugar refineries and once controlled 80% of the Malaysian sugar market with an output of 1.5 million tons, equivalent to 10% of global output, and was dubbed the “Sugar King of Asia”.

In 1971, he built the first Shangri-La hotel in Singapore; with land purchased through Petaling Garden Berhad, a developer based in Malaysia. His first foray into Hong Kong real estate came in 1977, when he bought land on the newly reclaimed Tsim Sha Tsui East waterfront, where he built his second hotel, the Kowloon Shangri- La. In 1993, his Kerry Group acquired 34.9% of the shares of the South China Morning Post from Murdoch’s News Corporation. Robert Kuok officially withdrew from the Kerry Group on 1 April 1993.

His companies have investments in many countries, including Singapore, Philippines, Thailand, mainland China, Indonesia, Fiji and Australia. Businesses in China include 10 Coca-Cola bottlers and ownership of the Beijing World Trade Center. His corporate freight interests include Malaysian bulk carriers Berhad and Transmile Group.

In 2007, Robert Kuok merged its crop, edible oil and grain businesses with Wilmar International, making it the world’s largest palm oil processor. On 31 October 2009, PPB Group, under the leadership of Robert Kuok, told Bursa Malaysia that it had decided to divest its sugar manufacturing units as well as sugarcane land for RM1.29 billion in FELDA. The sales generated a one-time profit for the company.

In February 2014, Robert Kuok’s Singapore-based oil services company PACC Offshore Services Holdings (POSH) entered into pre-IPO negotiations with investors to list on the Singapore Exchange to raise capital of 400 million dollars.

In Politics, his political influence is evidenced by his selection as one of the advisors on Hong Kong affairs during the run-up to the transfer of sovereignty over Hong Kong and by his minority stake in CITIC Pacific . He was also instrumental in conveying information and arranging meetings between the Malaysian and Chinese governments, leading to full diplomatic recognition between the two countries.

On 12 May 2018, following that year’s Malaysian general election, Robert Kuok was appointed to the five-member Council of Eminent People along with Tun Daim Zainuddin, Tan Sri Datuk Seri Zeti Akhtar Aziz, Tan Sri Hassan Marican and Jomo Kwame Sundaram to advise the new Pakatan Harapan federal government.

Robert Kuok’s Marital Status

Robert Kuok has been married twice. His first wife was Joyce Cheah and his second wife was Pauline Ho Poh Lin. He had eight children from these marriages.

Robert Kuok’s Family & Siblings

Robert Kuok is the son of Kuok Keng Kang and Zheng Ge Ru. Robert was the youngest of three brothers.

Robert Kuok’s older brother, Philip Kuok Hock Khee was a former Malaysian ambassador to Germany, Yugoslavia, the Netherlands, Belgium, Luxembourg and Denmark. Philip married Eileen Kuok and had two sons and two daughters. Philip Kuok died in 2003. His other brother, William Kuok Hock Ling, was a member of the Malayan Communist Party and was killed during the Malayan Emergency in 1952.

According to his memoirs, Robert Kuok described that among all the brothers, his mother Zheng Ge Ru loved and loved William the most, and was heartbroken when she learned of William’s death.

Why is Robert Kuok famous?

Robert Kuok is famous as a Malaysian billionaire, business tycoon, investor and philanthropist who since 1973, has lived in Hong Kong and turned 100 years today 6th October, 2023.

Robert Kuok’s Children

Robert Kuok had eight children from his two marriages. His son Kuok Khoon Ean, born in 1955, married Kuok Cheng Sui and has a bachelor’s degree in economics from the University of Nottingham, England.

His remaining son, Kuok Khoon Ho, is the president of Kuok Brothers, born in 1951 and has a bachelor’s degree from McGill University, Canada. Kuok Hui Kwong, born 1975, (48 years) his daughter, is the managing director and chief executive officer of SCMP Group and chairwoman of Shangri-La Asia. One of his sons, Kuok Khoon Ean, manages most of his day-to-day business operations. He is currently residing in Kuala Lumpur.

Kuok Khoon Chen, also known as Beau, born 1954, (69 years) is the eldest son of Mr Robert Kuok. His daughter Yen Kuok born January 25, 1990, (33 years) was the Founder and served as Chief Executive Officer at Guiltless International. His other daughter Ruth Kuok has been working as a Director at Kuok (Singapore) Limited for 8 years.

Suon Kwong Kuok is currently Non-Executive Director at Allgreen Properties. Kuok’s daughter Sue Kuok Suon Kwong or Suraya Abdullah was at one time married to prominent banker Tan Sri Rashid Hussain. Jill Kuok Friedman born February 28, 1949, (74 years) has been a volunteer for over forty years, in Honolulu from the 1970’s and in Singapore more recently, helping the arts and social world.

Robert Kuok’s Social Media

Robert Kuok goes by the handle @robertkuok_ on Instagram

Source: www.Ghgossip.com

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