What is the total assets of Robert Kuok?

Total Price:$ 15.5 billion
Ages97
Arising:October 6, 1923
country of origin:Malaysia
Sources of funds:Businessman
Last Updated:2020

introduction

Robert Kuok is a Malaysian business magnate and investor.

Kuok is media-shy; Most of his business is privately owned by him or his family. Apart from a multitude of businesses in Malaysia, their companies have invested in several countries across Asia.

The world’s largest listed palm oil company, Wilmar International, holds the largest source of funds.

As of 2020, Robert Kuok has total assets of $ 15.5 billion.

early life

Robert Kuok Haw Nien was born on 6 October 1923 in Johor Bahru, Malaysia. Kuok is the son of a Malaysian Chinese family.

He grew up speaking his parents’ Fuzhou dialect, English and Japanese during Japan’s wartime occupation of Malaya. He studied at the Raffles Institution, where he was a classmate with Lee Kuan Yew and English College Johor Bahru.

The business

Kuok claims that he started in the business as an office boy, and later started a business with the support of relatives. Upon graduation, he worked as a clerk in the rice-trading department of the Japanese industrial conglomerate Mitsubishi Shoji Kaisha between 1942 and 1945, a period of Japanese occupation.

He was soon appointed head of the rice-trading department. After the war, the skills he learned went back from the Japanese to Johar’s family business.

In 1971, he built the first Shangri-La Hotel in Singapore. His first foray into Hong Kong property was in 1977 when he acquired a plot of land on the newly acclaimed Tsim Sha Tsui East Coast, where he built the second hotel Kowloon Shangri-La.

On 31 October 2009, under the head of Robert Kuok, PPB Group told Bursa Malaysia that it had decided to dispose of its Chinese units, as well as land used to cultivate sugarcane from RE 1.29 billion to FELDA. Too.

The company unilaterally benefited from the sale. The sugar unit and sugarcane plantations were the second largest business segment on its grain and feed topping sales.

As of 2020, Robert Kuok has total assets of $ 15.5 billion.

Highlight

Some of the best highlights of Robert Kuok’s career are as follows:

  • Kuok made his first fortune in the sugar industry
  • He founded the Kuok Brothers Sdn Bhd in the late 1940s.

Favorite Quote from Robert Kwok

“Every business carries a risk; If you are not brave enough to seize the first or next opportunities, you will be a poor person forever. ” – Robert Kuok

“Everything on earth is dynamic; I can only give a message to my children, not money. If they follow it, we can go for three or four generations. “ – Robert Kuok

“When I hire employees, I look for honest, hardworking, intelligent people. When I see candidates, they look very honest to me. I don’t look for MBA or exceptional students. You A brilliant man, Summa cum Lad, may hold first-class honors, but if his mind is not a fair one or if he has a perverted attitude in life, what does talent matter? “– Robert Kuok

“My mother knows that I am a genius businessman in some way, but she does not want me to turn to the darkness and become an evil businessman. He advised us to be a good person, and not to be greedy about money. ” – Robert Kuok

3 Inspirational Lessons from Robert Kuok

Now that you know about Robert Kuok’s total wealth and how he achieved success; Let’s have a look at some of the lessons we can learn from:

1. Success is 90% hard work and knowledge

For example, in the Chinese business, Kuok studied demand, supply, production, consumption, and shipping processes to stay on top. Success is not easy.

2. Be brave

Every business has its own risks. If it gets better after some time, it is okay to come back and miss the opportunity. But if you are not bold enough and retreat every time, you will always be poor.

3. Employees are number one

Hotel is a service industry, and the most important element is your employees, and you are completely dependent on them to take on your customers; Thus, we will make this our primary agenda for caring for our employees.

Summary

Robert Kuok is a Malaysian Chinese businessman who made his fortune in the sugar industry, but his career began in the corporate world, working in the rice business.

As of 2020, Robert Kuok has total assets of $ 15.5 billion.

Read more:

Robert Thomas Net Worth | Celebrity Net Worth

Julia Garner Net Worth

Michael Hartono Net Worth in 2020

Joey Graceffa Net Worth, Bio, Height, Family, Age, Weight, Wiki

Robert Stigwood Net Worth

Related Posts

Leave a Reply

error: Content is protected !!