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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