Portrait of Syed Mokhtar AlBukhary

Rank #1208

Syed Mokhtar AlBukhary

Net worth $3.6B

Engineering, automotive · Malaysia

Born
Dec 12, 1951
Age
74
Source
Engineering, automotive
Residence
Kuala Lumpur
Citizenship
Malaysia
Marital status
Married
Children
5
Education
Drop Out, High School

Net worth over time

Biography

  • Low-profile Syed Mokhtar AlBukhary started as a rice trader after dropping out of high school.
  • The bulk of his wealth comes from stakes in DRB-HICOM and MMC.
  • MMC's operations span ports, logistics, construction and engineering while DRB-HICOM is an automotive firm with interests in property and education.
  • DRB-HICOM sold a 49.9% stake in Malaysian car-maker Proton to Chinese auto group Zhejiang Geely in 2017.
  • MMC Corp, which he took private in 2021, owns and operates the Senai International Airport in Johor Bahru, an aviation hub for Iskandar Malaysia and Johor state.
  • In 2018 his philanthropic venture, the AlBukhary Foundation, opened a new permanent gallery at the British Museum showcasing art related to the Islamic world.
  • AlBukhary also has a stake in Media Prima, which owns the New Straits Times Press.
  • MMC Corp manages and develops nearly 5,000 acres of industrial land

Financial assets

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