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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