Portrait of Koon Poh Ming

Rank #2414

Koon Poh Ming

Net worth $1.7B

aluminum · Malaysia

Born
Nov 17, 1956
Age
69
Source
aluminum
Residence
Bintulu
Citizenship
Malaysia
Marital status
Married
Children
5
Education
Bachelor of Engineering, University of Wales

Net worth over time

Biography

  • Koon Poh Ming is the executive vice chairman of aluminum company Press Metal while his brother Koon Poh Keong is group CEO.
  • They started Press Metal with their three brothers--Poh Tat, Poh Weng and Poh Kong--in the mid-1980s.
  • The brothers pooled $50,000 to start the aluminum-extruding company, at a time when Malaysia was in a recession.
  • Press Metal is Southeast Asia's largest integrated aluminum producer and competes with Rio Tinto, Russia's RUSAL and the Aluminum Corp of China.
  • Poh Ming and Poh Keong, the two biggest shareholders, made the list of Malaysia's richest for the first time in 2017. Poh Weng joined them in 2019.
  • Poh Ming launched the company with his brothers by renting a factory in Puchong, Selangor, on the west coast of peninsular Malaysia.

Financial assets

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