Low Tuck Kwong

Last updated
Low Tuck Kwong
Born1950 (age 7374)
Nationality Indonesian
Occupation(s)Founder and president director of Bayan Resources

Low Tuck Kwong (born 1950) is an Indonesian billionaire businessman who is the founder and president director of Bayan Resources, a coal mining company in Indonesia. He is ranked as the second-richest person in Indonesia by Forbes magazine, with a net worth of US$30.3 billion. [1] [2]

Related Research Articles

<span class="mw-page-title-main">Billionaire</span> Person who has at least one billion units of a currency

A billionaire is a person with a net worth of at least one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultra high-net-worth individual. The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916.

<span class="mw-page-title-main">Lakshmi Mittal</span> Indian steel magnate

Lakshmi Niwas Mittal is an Indian steel magnate, based in the United Kingdom. He is the executive chairman of ArcelorMittal, the world's second largest steelmaking company, as well as chairman of stainless steel manufacturer Aperam. Mittal owns 38% of ArcelorMittal and holds a 3% stake in EFL Championship side Queens Park Rangers.

<span class="mw-page-title-main">Mukesh Ambani</span> Indian billionaire (born 1957)

Mukesh Dhirubhai Ambani is an Indian businessman. He is the chairman and managing director of Reliance Industries, India's most valuable company by market value with an estimated net worth of $117.8 billion according to Forbes as of March 2024, he is the richest person in Asia and 9th richest in the world. Sometimes characterized as a plutocrat, he has attracted both fame and notoriety for reports of market manipulation, political corruption, cronyism, and exploitation.

John Franklyn Mars is an American businessman and heir. He is the chairman of Mars, Inc. As of November 2023, Bloomberg Billionaires Index estimated his net worth at US$46.4 billion, ranking him the 24th-richest person in the world.

Robert Kuok Hock Nien is a Malaysian billionaire business magnate, investor, and philanthropist. Since 1973, Kuok has lived in Hong Kong. According to Forbes, his net worth is estimated at $11.8 billion as of April 2023, making him the wealthiest Malaysian citizen and 96th wealthiest person in the world. As of April 2023, according to the Bloomberg Billionaires Index 2023, Kuok has an estimated net worth of $17.7 billion, making him the 97th richest person in the world.

<span class="mw-page-title-main">Gina Rinehart</span> Australian businesswoman (born 1954)

Georgina Hope Rinehart is an Australian billionaire mining magnate and heir. Rinehart is the Executive Chairwoman of Hancock Prospecting, a privately owned mineral exploration and extraction company founded by her father, Lang Hancock.

Robert Budi Hartono is an Indonesian tobacco billionaire with a net worth of US$25.3 billion as of September 2023. He owns and runs the privately held Djarum, the world's third-largest maker of clove cigarettes. Djarum has reportedly recently grabbed shares from the number two cigarette firm, Sampoerna. Budi Hartono also has a stake with his brother, Michael Bambang Hartono in one of Indonesia's biggest banks, Bank Central Asia, formerly controlled by billionaire Sudono Salim. According to Forbes, he is the second richest Indonesian and the 61st richest person in the world.

<span class="mw-page-title-main">Black billionaires</span>

Black billionaires are individuals who are of predominantly African ancestry with a net worth of at least US$1 billion.

<span class="mw-page-title-main">Aliko Dangote</span> Nigerian businessman (born 1957)

Aliko Dangote is a Nigerian businessman and industrialist. He is best known as the founder, chairman, and CEO of the Dangote Group, the largest industrial conglomerate in West Africa. The Bloomberg Billionaires Index estimated his net worth at $16.1 billion in November 2023, making him the richest person in Africa, the world's richest black person, and the world's 107th richest person overall.

<span class="mw-page-title-main">Gautam Adani</span> Indian billionaire industrialist (born 1962)

Gautam Shantilal Adani is an Indian billionaire business magnate, who is the founder and chairman of the Adani Group, a multinational conglomerate involved in port development and operations in India.

<span class="mw-page-title-main">Kwong Siu-hing</span> 20th and 21st-century Hong Kong businesswoman

Kwong Siu-hing, or sometimes Kwok Kwong Siu-hing, is the matriarch of the Kwok family. She controls the conglomerate Sun Hung Kai Properties, the largest property developer in Hong Kong as of 2019. As of 2008, Kwong effectively controls about 41.53% of SHK Properties' shares through a family trust, so she was deemed as the largest shareholder of the company, with a net worth of 12.1 billion dollars as of July 2020.

<i>The Worlds Billionaires</i> Annual ranking of the Worlds billionaires by Forbes magazine

The World's Billionaires is an annual ranking of people who are billionaires, i.e., they are considered to have a net worth of US$1 billion or more, by the American business magazine Forbes. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt and other factors. Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented individuals, excluding any ranking of those with wealth that is not able to be completely ascertained.

Pauline MacMillan Keinath is an American billionaire heiress. She is believed to be the largest individual shareholder in Cargill.

<span class="mw-page-title-main">LGBT billionaires</span> Lesbian, gay, bisexual, and transgender persons among the richest people in the world

Within the LGBT community, there are 11 known billionaires. As of 2015, the Italian fashion designer Giorgio Armani is the richest person in the community

References

  1. "Low Tuck Kwong - Forbes" . Retrieved 11 April 2023.
  2. Wibisono, Ardian. "Indonesian Coal Billionaire Low Tuck Kwong Mines Super-Profits To Become The Country's Second Richest Person". Forbes. Retrieved 2023-04-13.