Portrait of Kuok Khoon Hong

Rank #1015

Kuok Khoon Hong

Net worth $4.2B

Palm oil · Singapore

Born
Jan 01, 1950
Age
76
Source
Palm oil
Residence
Singapore
Citizenship
Singapore
Marital status
Married
Children
4
Education

Net worth over time

Biography

  • Kuok Khoon Hong cofounded Wilmar in 1991 and built it into one of the world's largest palm oil producers.
  • He listed Wilmar's Chinese subsidiary, Yihai Kerry Arawana, in a $2.1 billion IPO in 2020 on the Shenzhen stock exchange.
  • Kuok's other investments include stakes in billionaire Zhong Sheng Jian's Yanlord Land as well as Perennial Real Estate Holdings.
  • Kuok co-owns the Aviva Tower in London with Indonesian billionaire and Wilmar cofounder Martua Sitorus.
  • BandLab Technologies, a digital music startup founded by Kuok's son Kuok Meng Ru, owns the U.K. music brand NME, which has launched in Asia.
  • He is the nephew of Malaysian billionaire Robert Kuok.
  • In 2020, he donated S$3 million to the The Straits Times School Pocket Money Fund, which provides pocket money to children from poor families.

Financial assets

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